Plus, remember Ann, the 10 percent cap has been eliminated by the legislature over the next few years. Eventually Minneapolis will be able to raise your property values as much as they want.
Lisa McDonald
East Harriet
----- Original Message -----From: [EMAIL PROTECTED]Sent: Wednesday, March 12, 2003 7:38 PMTo: [EMAIL PROTECTED]Subject: [Mpls] 2003 Property Taxes - What 8% Looks LikeFYI: I got my 2003 property tax statement today and this is what 8% looks like: total 2003 taxes up 16% from $1600 in 2002 to $1867 in 2003, a husky increase IMHO.
Yes, I know that part of this increase is the increase in my property valuation - isn't it interesting that the market value of my tatty little Kingfield estate has increased by a convenient 10% ($138,500 to $152,500) - just within the limit of the maximum increase per year? I admit, I have always had my doubts about the assessors. Ah, if only my income kept apace so well!
City taxes account for the lion's share of the increase, rising 22.4% (+$133) from $593 in 2002 to $726 in 2003. But both schools (+$57) and county (+$50) show significant increases.
Yep, there are some other interesting wrinkles and complexities buried in the statement, but it's clear to me that those public bodies trying to rein in spending are not necessarily the Scrooges of the Common Good. Increases like these - accompanied by substantial service reductions and significant unemployment - break the backs and spirits of communities like ours. We've got to get our means and our expectations aligned for our own good - and quick.
Ann Berget
Kingfield
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