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23 fiscal year. Once the preliminary levy is adopted, it can be lowered, but not increased. The final EDA 24 levy is scheduled to be adopted on December 8, 2025. 25 26 2026 Recommended Tax Levy & Budget 27 The City Manager has prepared a memo (Attachment 1) that reviews the scenarios, including two new 28 scenarios based on City Council direction on September 15, and provides detailed information on the 29 impact on the median-valued homeowner in Roseville. Various resolutions are included as Attachments 30 2 & 3 that incorporate the different budget and levy amounts that are part of each scenario. 31 32 On September 22, 2025, the City Manager presented an adjustment to the EDA levy of $100,000 33 reduction, for a preliminary EDA levy now at $264,826, which has been incorporated into the 2026 34 Preliminary Base Budget, which is attachment 4. 35 36 The City Council received the 2026 City Manager’s Tax Levy and Budget on August 25, 2025, along with 37 various scenarios. Attachment 5 includes detailed information on the base budget and Attachment 6 38 contains the City Manager’s Budget Message and PowerPoint from that meeting. 39 40 The 2026 Base City and EDA Tax Levy is $33,035,726, an increase of $2,318,267 or 7.55%. There are 41 6 alternative scenarios which revolve around adding public safety positions, with and without grant 42 funds, implementing franchise fees and reallocating or reducing capital tax levy amounts. 43 44 The various City Levy scenarios are as follows: 45 Base City Levy $32,770,900 46 Scenario 1 City Levy $32,783,929 47 Scenario 2 City Levy $34,482,015 48 Scenario 3 City Levy $32,797,929 49 Scenario 4 City Levy $33,496,015 50 Scenario 5 City Levy $32,152,929 51 Scenario 6 City Levy $32,851,015 52 53 The impact on residents will vary depending on the property’s value and change in value relative to other 54 properties in the city. According to Ramsey County, the median value of a Roseville single-family home 55 rose 5.05% from 2025 ($360,500) to 2026 ($378,600). 56 57 At the September 22, 2025, City Council meeting, the Finance Commission presented their 58 recommendation of a preliminary levy increase not to exceed ten percent. 59 60 Policy Objectives 61 Adopting a preliminary tax levy is required under Minnesota State Statutes. 62 63 Equity Impact Summary 64 A continued priority remains centered around equity and inclusion. This budget, like past budgets, 65 provides funding for a variety of equity initiatives. 66 67 Budget Implications 68 See above and attached information 69 70 Staff Recommendations 71 As the City Council still needs to have a policy discussion around what to set the preliminary not-to- 72 exceed tax levy for the City and EDA, the City Manager does not have a specific recommendation. 73 Given the range of options, the City Council should consider the following factors: 74 1.The desire to add the public safety personnel in the 2026 budget to address increasing demands 75 for public safety services. Page 2 of 3 Qbhf!:9!pg!558