Owatonna City Council Approves 2025 City Budget

At its December 17 meeting, the City Council approved the City’s 2025 budget and levy of and a property tax levy to invest in infrastructure, public safety, city-wide amenities, economic growth, development and staff recruitment and retention. The City Council also approved the Housing & Redevelopment Authority (HRA)’s 2025 budget of and property tax levy to aid in well-planned growth to help meet the community’s housing needs.

The final 2025 budget and levy (City and HRA) was approved with a 7.75 percent increase over 2024 with an estimated tax base growth of 7.2 percent. This results in a slightly lower tax rate for all property taxpayers (57.914 vs. 58.185).

The City’s online, interactive budget and budget presentations are available at www.owatonna.gov/Finance. For questions regarding property valuations, taxes or property tax relief options, please contact the County Assessor’s Office at 507.444.7435.