St. Paul mayor proposes 7.9% property tax increase for 2025
St. Paul Mayor Melvin Carter on Tuesday delivered his 2025 budget address.
The proposed budget totals $855 million with a $24.5 million increase in the city’s general fund.
Carter added that his 2025 budget proposes a 7.9% property tax increase — adding $16.4 million to the city’s property tax levy. This would result in an increase of about $11/month for a median value home.
The budget proposal includes investments in public safety, housing, downtown and homeless response. It also includes new firefighter positions promotions to operate a new fire station, an all-in housing approach to launch an office-to-housing conversion study, activating public spaces in downtown and climate investments.
Tuesday’s address is the first step in the city’s budget process.
There will also be a series of public hearings before City Council adopts a final budget and property tax rate.
Tuesday’s full address can be found here.