The Edina City Council recently changed the way streets will be paid for in the community. By the year 2038, street reconstruction in Edina will be completely paid for with property taxes.
Since the late 1990s, adjacent property owners have been assessed roadway reconstruction costs. As estimates for special assessments increased to as much as $32,000, it became apparent the City may not be able to justify the benefit of the cost to each property owner as required by Minnesota law. A Street Funding Task Force was formed by City Manager Scott Neal in 2020 and charged with reevaluating the Special Assessment Policy.
At its meeting July 21, the Edina City Council approved the Task Force’s recommendation to reduce assessments each year until it reaches no assessment at Year 16. As a result, all taxpayers will pay taxes to the City for street reconstruction. In the first year, City taxes on the median-valued home will increase by approximately $40 for funding street reconstruction. In the remaining 15 years of the transition, those taxes would increase by about $11 per year.
Engineering Director Chad Millner and Ann Swenson, chair of the Street Funding Task Force, will present information about street reconstruction and funding at a special “Town Talks” event 7 p.m. Nov. 1. An open forum will follow to allow residents and staff the opportunity to discuss the topic of the night and ask questions. The Town Talk will be broadcast live on Edina TV and available for online viewing on Facebook Live and through the City’s website. The video and materials for the Town Talk, as well as community conversation about the topic, will be available on BetterTogetherEdina.org for a week following the presentation.
“I am grateful for the work of the Street Funding Task Force and the City Council on a very difficult topic and look forward to having a discussion with the community about the change,” Millner said.
For more information on future street funding in Edina, visit EdinaMN.gov or contact the City’s Engineering Department, 952-826-0371.