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<br />. <br /> <br />. <br /> <br />. <br /> <br />How much of my property tax does <br />1 the City of EI~..~.i~~r get? <br /> <br /> <br />. Typically, the City and County each <br />get approximately 25% and the School <br />District gets 50%. (This varies <br />depending on the value and type of <br />property.) <br />. If your property tax bill is $1,600, the <br />City receives approximately $400. <br /> <br />w!t:. .~.~~.~:~..~~~..~~.~~~.r.i~?~. <br /> <br />:::. SAMPLE PROPERTY 2f)QQ ]!}f)l!. <br />Residential Homestead <br />Market Value 126,000 132,000 <br />Property Tax S 1,642 S 1,950 <br />CommerciallIndustrial <br />Market Value 525,000 551,250 <br />Property Tax S 20,101 S 23,067 <br />*2001 Estimated based on rates provided by <br />Sherburne County. Assumes Market Value <br />increase of five percent. <br /> <br />.:.:1. CONCLUD~~~,.~?MMENTS <br /> <br /> <br />. OPEN PUBUC HEARING - RECEIVE <br />PUBUC QUESTIONS AND COMMENTS <br />. CLOSE PUBUC HEARING OR <br />CONTINUE HEARING TO 6:30, <br />DECEMBER 11 <br />. IF PUBUC HEARING IS CLOSED, <br />ANNOUNCE SUBSEQUENT (ADOPTION) <br />MEETING DATE - DECEMBER 11 <br /> <br />8 <br />