Laserfiche WebLink
<br />,. <br /> <br />- .Property taxi <br />I ~_T~~, trend is <br />!;, ~p"along with <br />I, home values <br /> <br />I: Continued from page 1B <br />I. <br />r. <br />,. <br />I. <br />I' <br />I: <br />I' <br />;. <br />;. <br />" <br />I' <br />" <br />I. <br /> <br />sessed property values, which are <br />used to calculate taxes, are very close <br />to' actual home sale prices. He said <br />that makes the taxes on a hypotheti- <br />cal $90,000 home appear higher than <br />the taxes in cities where there is a <br />bigger gap between the $90,000 sales <br />price of a home and its assessed mar- <br />" ket value.' <br />I, <br />(. <br />I. <br /> <br />I: <br />I~ <br /> <br />Reed said Waconia soared to second <br />from 34th in 1992. He said that was <br />because of added taxes needed for the <br />construction of a high school and <br />beCause city officials decided to wean <br />;: the city from state aid, which they <br />.. viewed as undependable because it is <br />i. subject to cuts. <br />.. <br />I. <br />.. <br />~ <br />.. <br />I. <br />~ <br />~ <br />.. <br />!- <br />~ <br />~ <br />I' <br />!- <br />!. <br /> <br /> <br />St: Paul's ranking in the $90,000 tax <br />comparison dropped from second- <br />highest in 1992 to 16th this year. The <br />survey attributed that to a 1993 tax <br />rate increase that was among the low- <br />est in the metro area. Minneapolis, <br />on.the other hand, rose from 14th to' <br />seventh, the result of a hefty increase <br />in the school district tax rate. <br /> <br />Increased taxes result from a number <br />of factors. As home values go up, <br />taxes go up with them. Spending by <br />Cities, counties, school districts and <br />other taxing bodies has gone up, <br />which requires tax increases. <br /> <br />Reed said recent state tax reforms <br />have lowered the tax rates on the <br />! most expensive homes. That lowers <br />r tax revenues and puts pressure on ' <br />I' other sources to make up the loss. <br />Even. with state aid allocated to pre- <br />.,... vent too much of a shift in the tax ' <br />burden, there's stilI the potential for <br />owners of more moderately valued <br />- homes to pay higher taxes as a result' <br />. of those reforms. That also could <br />Ui raise taxes on the average home. <br /> <br />pi.Also, said Reed, commercial and in- <br />";'_du~trial property values have been <br />~;:., ~r~pping. That exerts pressure to <br />~-'-, ~1Se property taxes on homes, too. <br /> <br />I ~~;&es are divided among different <br />~juJjsdictions. On' the average, Reed <br />I~Ki' slightly more than half of a <br />. '~jn~tro-area homeowner's tax goes to <br />'tlie local school district. About 28 <br />. ':Percent goes to the county, and only <br />~a&out 17 percent winds up in city <br />,', . 'CQfti, ers. ~he ~est. goes to miscella- <br />, nepus taxmg dlstncts. <br />. '. <br />, ~..'" , <br /> <br /> <br />The 1993 property tax burden: <br /> <br />How communities in Minnesota compare <br /> <br />According to an annual tax survey released Thursday by the Citizens <br />League and the Minnesota Taxpayers Association, property taxes for <br />,dozens of Twin Cities-area communities rose in 1993 at the highest <br />annual rate in recent years. The median increase on an average-value <br />home in the Twin Cities was 12 percent. That translates into a $134 <br />tax increase for the average homeowner. It was the third consecutive <br />year of property tax increases monitored by the survey, which tracks <br />nonrental residential taxes in the 95 largest communities in the <br />metropolitan area and 27 cities in outstate Minnesota. This chart <br />shows how the 122 communities compare in taxes paid on a $90,000 <br />house.' , <br /> <br />. <br /> <br /> <br />Taxes on <br />$90,000 home <br />Percent <br />change <br />1993 in tax, Rink <br />. tax '92.93 . <br /> <br />Afton $997 13.8% 89 <br />Andover 1,073 1.3 77 <br />Anoka 1,169 6.3 49 <br />Apple Valley 1,034 -4.1 82 <br />Arden Hills 1,256 6.9 22 <br /> <br />Bayport ; 1,302 13.7 10 <br />Belle Plaine 1,325 12.8 8 <br />Blaine 1.138 4.2 60 <br />Bloomington 1,075 0.1 76 <br />Brooklyn Center 1,287 12.9 12 <br /> <br />Brooklyn Park 1,278 -0.3 13 <br />Bumsville . 1.095 4.2 73 <br />Champlin 1,186 1.8 46 <br />Chanhassen 1,209 4.1 32 <br />Chaska 1,205 2.1 34 <br /> <br />. Circle Pines 1 ,168 -3.3 51 <br />Columbia Heights 1.196 1.7 43 <br />Columbus Twp. 964 -0.2 92 <br />Coon Rapids 1.106 3.2 70 <br />Corcoran 1,058 4.0 80 <br /> <br />Cottage Grove 1.202. 0.1 39 <br />Crystal - 1,243 3.8 24 <br />Dayton 1,203 7.3 37 <br />Deephaven ,1,156 3.8 56 <br />Eagan 1,016 2.1 86 <br /> <br />East Bethel., 1,027 4.0 84 <br />Eden Prairie' 1.269 8.3 17 <br />Edina 1,107 9.2 69 <br />Excelsior 1,128 -7.8 64 <br />Falcon Heights 1,068 -11.0 78 <br /> <br />Farmington 1,149 -2.0 58 <br />Forest Lake 979 5.0 91 <br />Forest Lake Twp. 884 6.5 95 <br />Fridley 1,213 12.8 31 <br />Golden Valley 1,238 4.4 26 <br /> <br />Grant Twp. . 997 5.2 90 <br />Ham Lake 1,036 0.8 81 <br />Hastings 1,119 15.3 66 <br />Hopkins 1.264 5.5 '19 <br />Hugo 1 ,112 1.0 68 <br /> <br />Independence' 1,251 13.2 23 <br />Inver Grove Hts. 1,180 1.5 47 <br />Jordan 1.173 -7.3 48 <br />Lake Elmo 1,011 13.4 87 <br />Lakeville 1,099 5.4 71 <br /> <br />Lino Lakes 1,188 -4.7 45 <br />Linwood Twp. 1,031 12.7 83 <br />Little Canada 1,382 0.1 1 <br />Mahtomedi 1.152 -0.3 57 <br />Maple Grove 1,231. -1.8 27 <br /> <br />Maplewood 1,342 7.4 5 <br />Medina 1,087 9.8~ <br />Mendota Heights 947 -1 8 ~) <br />Minneapolis "1;333 10.1 7 <br />Minnetonka 1,243 9.3 25 <br /> <br />Minnetrista .1,098 5.2 72 <br />;.luund 1,134 :2.:2 63 <br />Mounds View 1.333 10.7 6 <br />New Brighton 1,313 5.9 9 <br />New Hope 1,228 6.1 28 <br /> <br />New Scand. Twp. 1,062 11.6 79 <br />Newport 1,294 12.1 11 <br />North Oaks 1.164 12.8 54 <br />North St. Paul 1,205 3.8 36 <br />Oak Grove Twp. 1,219 10.0 30 <br /> <br />-Ranked 1 (high) to 95 (low). <br />--Ranked 1 (high) to 27 (low). <br />Source: Citizens League <br /> <br />~ <br /> <br />Oak Park Heights $1,168 <br />Oakdale 1,137' <br />Orono 1,079 <br />Osseo 1 ,362 <br />Plymouth 1,142 <br /> <br />Prior Lake . 1.158 <br />Ramsey 1.017 <br />Richfield 1,193 <br />Robbinsdale 1,259 <br />Rosemount 1,119 <br /> <br />Roseville 1,358 <br />St. Anthony 1.208 <br />St. Louis Park 1,200 <br />St. Paul 1,271 <br />St. Paul Park 1.112 - <br /> <br />Savage 1.271 <br />Shako pee 1,265 <br />Shoreview 1,278 <br />Shorewood 1.221 <br />South St. Paul 1.201 <br /> <br />Spring Lake Park 1,166 <br />Spring Lake Twp. 955 <br />Stillwater . 1,165 <br />Vadnais Heights 1,205 <br />Waconia 1,363 <br /> <br />Wayzata 1,200 <br />West St. Paul 1.006 <br />White Beaf Lake, 1.261 <br />White Bear Twp. 1 ,137 <br />Woodbury 1,202 <br /> <br />Taxes on <br />$90,000 home <br /> <br />Percent <br />change <br />1993 in tax, Rlllk <br />tax '92.93 .: <br /> <br />3.1% 50 <br />0.9 62 <br />.2.3 75 <br />13.7 3 <br />5.4 59 <br />8.2 55 <br />-2.7 85 <br />1.6 44 <br />7.0 21 <br />3.0 65 <br />6.8 4 <br />12.5 33 <br />9.7 41 <br />-2.5 16 <br />1.6 67 <br />6.2 .15 <br />7.2 18 <br />5.4 14 <br />8.1 29 <br />5.9 40 <br />11.0 52 <br />14.3 93 <br />12.5 53 <br />-4.5 35 <br />16.7 2 <br />12.9 42 <br />5.8 88 <br />-1.3 20 <br />-5.1 61 <br />8.9 38 <br /> <br />e <br /> <br /> <br />. Taxes on <br />$90,000 home <br />Percent <br />change <br />1993 in tax. Rlllk <br />tax '92-93 . <br />$1.133 11.4% 10 <br />1,307 -10.9 1 <br />1.199 1.7 4 <br />1.080 12.8 15 <br />1,237 8.3 2 <br />1.163 4.2 9 <br />94 -1. <br />996 .1.9 21 <br />1,179 1.4 8 <br />985 1.4 23 <br />1,077 -0.2 16 <br />1,203 -3.0 3 <br />1.110' 1.7 13 <br />934 0.0 27 <br />1.124 9.7 11 <br />1.058 14.6 18 <br />1,187 14.4 6 <br />1.099 1.5 14 <br />937 -9.8 26 <br />. '.il 944 9.3 24 <br />':1;;063 -2.3 17 <br />':;:r-,116 3.7 12 <br />'1:187 1.7 7 <br />1.013 13.6 20 <br />1,195 6.5 5 <br />988 -4.3 22 <br />1,053 2.3 19 <br /> <br />Albert Lea <br />Austin <br />Bemidji <br />Brainerd <br />Cloquet <br /> <br />Duluth <br />el~ River <br />Fairmont <br />Faribault <br />Fergus Falls <br /> <br />Hibbing <br />Hutchinson <br />Mankato <br />Marshall <br />Moorhead <br /> <br />New Ulm <br />North Mankato <br />Northfield <br />Owatonna <br />Red Wing <br /> <br />Rochester <br />St. Cloud <br />St. Peter <br />Virginia <br />Willmar <br />Winona <br />Worthington <br /> <br />. <br />