PRESS RELEASE: Board Set Preliminary Levy For 2025

PRESS RELEASE

Hubbard County
Date: September 18, 2024
FOR IMMEDIATE RELEASE

Hubbard County Board Sets Preliminary Levy for 2025

At the September 17, 2024, regular meeting of the Hubbard County Board of Commissioners, the board set a preliminary tax levy of $21,614,000. This is a 7% increase from the 2024 tax levy of $20,200,000. Primary drivers for the increase are staffing costs and general increases in operating costs. A continuing strong economy in the county means that there has been a 4% increase in new tax capacity which will reduce the impact of the proposed tax levy to approximately 3% which will equal approximately a $50 annual increase in county property taxes for a median valued home.

The annual Truth in Taxation meeting will be held on Thursday, December 12, 2024, at 6:00pm in the Hubbard County Board Room on the third floor of the government center. The public is welcome to hear a presentation on the proposed budget for 2025 and make comment or ask questions about the proposed budget and levy.

The board will set the final budget and tax levy for 2025 on Tuesday, December 17 at the regularly scheduled meeting.

 

Jeff Cadwell, Hubbard County Administrator
218-732-2336
Jeff.cadwell@co.hubbard.mn.us
https://www.co.hubbard.mn.us