Meeting: Truth in Taxation
When: Continued to December 16th at 6PM
Where: Preston City Hall Council Chambers
Purpose: The Truth in Taxation meeting is to present the Final Levy proposed to be collected in 2025. Preston City Council will consider adopting the final levy and 2025 budget. This meeting will allow public comment period regarding the Proposed Levy however this is not Local Board of Appeals which was held in April to discuss individual property values and/or classification. On Monday December 2nd Preston City Council elected to continue the TNT meeting to December 16th due to the late property tax notifications.
Proposed Levy for 2025: $1,274,789
Proposed increase from 2024: 6.08%
| Tax Rate | |
| Amount | Year |
| 94% | 2025 |
| 92% | 2024 |
| 90% | 2023 |
| 109% | 2022 |
| 114% | 2021 |
| 115% | 2020 |
| Residential per $100,000 | |
| Amount | Year |
| $ 939.45 | 2025 |
| $ 919.35 | 2024 |
| $ 896.82 | 2023 |
| $ 1,088.92 | 2022 |
| $ 1,143.24 | 2021 |
| $ 1,151.14 | 2020 |
Preston Public Utilities has completed and submitted our water service line materials inventory to the Minnesota Department of Health. The water service line inventory is publicly available, and you can check the materials for your service line by visiting the 