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Elk River · Otsego · Ramsey · Rogers ° zimmerman <br /> <br /> Property tax hikes take most of saving <br />by Don Heinzman fLake To~vnship residents wiIl~ River, $1,929.18 for Zimmer- <br />~e°rre,s Ihave to pay modest increases,\ man, $1,350.68 for Livonia <br /> some tax relie£in the ko£ $33.97 and $12.83 respec-J and $1,492.80 for Big Lake <br /> <br /> · estimated property tax rates· tively, <br /> and taxes that will be paid by <br /> Sherburne County residents <br /> who live in the 'Elk River Area <br /> School District. <br /> Calculations done by Sher- <br /> burne County Auditor Ra- <br /> mona Doebler show that the <br /> cities, the county and the <br /> school district, except for <br /> Zimmerman, all raised their <br /> property tax levies for taxes <br /> payable next year. This virtu- <br /> ally wipes out the $320 home- <br /> stead credit, tax relief created <br /> by the Minnesota Legislature.. <br />fCompared to taxes paid last <br />'year on homes valued at~ <br />~000, Elk Riverand Bi~ <br /> <br /> while <br /> Zimmerman and Livonia <br /> Township will receive reduc- <br /> tions. <br /> Zimmerman, which had a <br /> whopping 8 percent increase <br /> in its tax capacity, actually <br /> ;viii s?e property taxes go <br /> down $93.88 on a house val- <br /> ued at $120,000. <br /> Livonia Township taxes for a <br />$120,000 house, which is the <br />average value of a property in <br />Sherburne, will see a slight <br />$10.91 reduction in taxes. <br /> In the sample for a $120,000 <br />residential homestead, the <br />estimated tax for next year <br />will be: $1,683.78 for Elk <br /> <br />residents of Township. <br /> c--One reason for the increase <br /> is for the first time, taxpayers <br /> of all classes will be paying the <br /> first year's cost of two Elk <br /> River area school bond levies <br /> approved last year. The pay- <br /> ments were to have started in <br /> 1998 but the wording of the <br /> ballot was for 1999. That <br /> amount for a $120,000 house <br /> for Elk River, Zimmerman, <br /> Livonia and Big Lake <br /> ~T_ownship is $163.,39. <br /> .The Legislatures intent to <br /> g~ve commercial and industri- <br /> al parcels a reduction is corn- <br /> <br />Taxes continued to page 13 <br /> <br /> Example j With Homestead <br /> ;iT~*** ELK R;VER ZINNERMAN <br /> <br />Tax Rate <br /> ;,.1~1,478% 137,676% ,,99,491 108,87~% <br />Proposal1999 1515 $1840,39 ': $~085;79 ':; $1649,41 <br />Less H.E. CR* [ ($3~0.'00) "?~,, ($3~0.00), ~ ($3~0.00) <br />Plus ~. Tax** ' $163.78 .::-<,,.' $163.39 '~,~: <br />Estimated Tax $163,39 <br /> <br />Actual1998 1583 ,"'$1765.1'1, ' $~138.38 <br />LessH.E. Ca' ~ ($176 87i'' ,,,,.... ::/'$]~76,:,89~ $1595.~7 <br />P~us nkt, ~ax** ' $61 5~ ~' ' ~]'~'~k°/)'':, (~1,7,6:~7).]~ ($176.87) <br /> ~:: · - ,o',.3/ :'?,,,':$6~:;57'::;;:"~ $61.57 <br /> <br /> ~ referendum <br /> <br />.Taxes <br /> <br /> Continued from page 1 <br /> <br /> ing true. <br /> In the sample on a $300,000 <br /> commercial and industrial <br /> buildings there are slight <br /> reductions for Elk River and <br /> Livonia and Big Lake town- <br /> ships and a $1,033.75 reduc- <br /> tion for Zimmerman. <br /> For owners of $300,000 mar- <br /> ket value buildings, the tax <br /> next year will be $11,250.39 <br /> for Elk River, $12,696.02 for <br /> Zimmerman, $9,288.05 for <br /> Livonia Township and <br /> $10,125.31 for Big Lake <br /> Township. <br /> Here's how the proposed <br /> property tax levy plays out <br /> compared to the 1998 final tax <br /> levy: <br /> · School District 728: Up <br /> 10.7 percent from $15,025,309 <br /> this year to $16,821,410 <br /> payable next year. <br /> · Sherburne County: <br /> Increase of 9.8 percent, from <br /> $15,840,777 to a proposed <br /> $17,569,207. <br /> · City of Elk River, increase <br /> of 10.4 percent from <br /> $3,251,109 in 1998 to <br /> $3,629,214 as proposed for <br />1999. (The sizeable increases <br />are $210,000 for police and <br />$75,000 for recreation.) <br />· City of Zimmerman, reduc- <br />tion from $489,448 in 1998 to <br />$486,833 in 1999 as proposed. <br />· Big Lake Township, <br />increase of 8.3 percent from <br />495,551 in 1998 to 540,551 in <br />1999. <br />· Livonia Township, increase <br />of 5 percent, from $161,303 to <br />$170,303. <br /> <br /> <br />