In Deephaven, the City follows a detailed, year-long budgeting process to determine the portion of property taxes needed to maintain services, fund operations, and support long-term infrastructure. Throughout the year, City staff and the City Council review financial data, evaluate service needs, and establish both the Preliminary and Final Property Tax Levy. This levy—combined with taxes determined by Hennepin County, the School District, the Metropolitan Council, and other taxing districts—ultimately forms your total annual property tax statement.
To understand how property taxes are calculated in more detail, please click the link below. We hope the breakdown and explanation of where your tax dollars go will help provide a clearer picture of the process.