In a decisive move that marries growth with fiscal prudence, the Owatonna City Council announced the city's 2024 budget at $52,267,572 and a property tax levy of $18,014,033, reflecting a smart scaling of operations in tandem with community needs. The final budget, reflecting an effective reduction in levy increase by one percent from prior proposals, signifies a tactful financial stewardship in the light of inflation and the demands of a growing city.

The City of Owatonna is making a concerted effort to invest in infrastructure, public safety, and city amenities, bolstering the strong growth patterns while maintaining diligent recruitment and employee retention in the face of high inflation. Delays in facility project costs have contributed to the reduced levy increase, demonstrating the council’s commitment to cost-effective governance.

The strategic allocations in the 2024 budget include three new full-time positions to augment the commitment to high-quality city services. In addition, with a nod to the future, Merrill Hall is slated to undergo major renovations, ensuring its utilitarian robustness for years to come. Furthermore, the city is gearing up for anticipated changes at the law enforcement center, ensuring that fiscal allocations meet the critical needs for public safety.

Finance Director Rhonda Moen emphasized the balancing act to align the council's strategic objectives with available resources, affirming that the council's meticulous decision-making reflects sustained growth and prioritized citizen welfare. The 2024 budget and supporting financial strategies are detailed on the City’s website, available for residents' review, as part of Owatonna’s commitment to transparency and civic engagement.