I just got my proposed property tax statement for 2002. I was quite surprised to see that they were reduced only about 12%, because I was expecting them to be about 25% less. Now I am wondering if the tax cut only applied to the amount that the school tax portion was to be reduced? Or possibly only the amount over $76,000 (I think that is the base number) was to be reduced by 25%? Or, if 25% is indeed the right number?
If this is all that my taxes are going to be reduced, I wish that the state had just kept the money, as I feel certain that this tax cut will be short-lived in light of both the state's projected shortfall, as well as the school system's never-ending appetite for more money. Not to mention that, for the next 20 years, half of the savings that I do see will be eaten up by the special assessment tax for the ornamental lights in Prospect Park. Can anyone enlighten me as to what the average tax cut percentage was supposed to be, and how it was to be applied? Nancy Alcorn Prospect Park _______________________________________ Minneapolis Issues Forum - A Civil City Civic Discussion - Mn E-Democracy Post messages to: [EMAIL PROTECTED] Subscribe, Unsubscribe, Digest option, and more: http://e-democracy.org/mpls
