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The Rosemount City Council approved an amended tax-increment financing spending plan by a 3-0 vote. The public hearing for the 2026 Street Improvement Project was continued to December 2 because another simple-majority vote is needed; proposed assessments are based on parcels rather than frontage.
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The updated TIF plan changes the timing and language for spending tax-increment financing funds and was approved without opposition. The 2026 street project hearing is not finished, so residents should expect another Council discussion on December 2 and a second assessment hearing in March 2026. Residents affected by assessments will receive a letter about the March hearing.
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