So I just received my proposed '03 property tax notice from Hennepin County.
The tote board: Taxable market value: from $128,400 in '02 to $142,900 in '03, up 11 percent Total property taxes: $1,764 to $2,081, up 18 percent County taxes: $502 to $578, up 15 percent Library taxes: $53 to $58, up 9 percent Park taxes: $155 to $168, up 8 percent Remainder of city tax: $447 to $584, up 30 (!) percent Question 1: is the big city jump the effect of Year 1 of the 8-percent-total-property tax growth plan approved by the council? Is it also compounded by state property-tax compression putting more of the burden on homeowners? Or is there something else driving the big jump? Other taxes of note: School referendum levy: $101 to $229, up 126 percent Other local school levy: $365 to $305, down 16 percent (I assume this is continuing state property tax reform) Total school taxes: $467 to $534, up 14 percent Question 2: I'm surprised at the big school-referendum jump only because I thought it kicked in last year. Am I wrong? If not, can someone explain that big jump? David Brauer Kingfield _______________________________________ Minneapolis Issues Forum - A City-focused Civic Discussion - Mn E-Democracy Post messages to: mailto:mpls@;mnforum.org Subscribe, Unsubscribe, Digest, and more: http://e-democracy.org/mpls
