Now...just add up your library adjustment with year-by-year increments over the next 30 years of taxes and you'll have the complete sense of the damage! Its not $10/year like they said it would be, is it?!&*^&^#$@$^&_*+(+(&( Go ahead...vote for more referendums! Make my Millennium! Steve Minn ---------- >From: [EMAIL PROTECTED] >To: Multiple recipients of list <[EMAIL PROTECTED]> >Subject: MPLS-ISSUES digest 868 >Date: Wed, Nov 15, 2000, 10:02 PM > > > Date: Wed, 15 Nov 2000 21:56:32 -0500 > From: Caroline Palmer <[EMAIL PROTECTED]> > To: Minneapolis Issues <[EMAIL PROTECTED]> > Subject: Property Taxes > Message-ID: <[EMAIL PROTECTED]> > > Greetings, > > I happily checked "yes" on the referenda to the schools and libraries this > past election day and I'm the first to admit I'm a tax and spend liberal, > but I was a bit taken aback by a whopping 48% increase on the 2001 estimated > property taxes for a rental property we own on W. 46th. I tried calling the > assessor today to no avail, and a colleague thought that the city could only > impose a certain increase percentage each year (i.e. 15% or the like), but > wasn't sure. I'll keep trying the assessor, but does anyone know about the > appeals process or is this type of increase typical? We did go from > homestead to rental (non-homestead) but that doesn't seem to warrant such a > huge increase, especially on the school levy line, which went from $76 to > somewhere in the neighborhood of $450! Yikes! We'll have to raise the rent > on our property if this keeps up and that's the last thing we want to do > since we like our tenants and want them to stay. > > Thanks, > Caroline Palmer > Kingfield
