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Tax Levy

Saturday, December 15, 2012

District 196 Property Tax Levy Decreases for Third Straight Year

At its Dec. 10 regular meeting, the School Board approved a final property tax levy for 2012 (payable 2013) that is 2.7 percent less than the current year.

Follow Eagan Patch on Twitter | Like us on Facebook | Sign up for our daily newsletter| Blog for us Editor's Note: The following is a press release from School District 196. For the third year in a row, the property tax levy in District 196 will be less than the previous year. At its Dec. 10 regular meeting, the School Board approved a final property tax levy for 2012 (payable 2013) that is 2.7 percent less than the current year. At $73.8 million, the payable 2013 levy is $2 million less than the payable 2012 levy of $75.8 million. For payable 2011 taxes, the district levy was $78.4 million, and for 2010, it was $79.4 million. The Minnesota Department of Education calculates the maximum amount each school district may levy in several …

Monday, November 26, 2012

Eagan City Officials Hosting Budget Open House on Tuesday

Tuesday's meeting is a chance to ask questions of and talk with city staff regarding a proposed 3.3 percent tax hike and the city's preliminary 2013 budget.

Follow Eagan Patch on Twitter | Like us on Facebook | Sign up for our daily newsletter| Blog for us Want to find out more about Eagan's proposed, $28.3 million budget for 2013? You'll have a chance when city officials host a budget open house from 4:30 to 6 p.m. on Tuesday, Nov. 27 at Eagan City Hall. Displays depicting departmental services will be available and city staff will be on hand to answer questions. Earlier this fall, the Eagan City Council unanimously passed a proposed, 3.3-percent preliminary property tax levy increase. The proposed increase would bring the total amount levied in 2013 to $28,322,017, a nearly $900,000 hike over the $27,425,081 levied in 2012. The proposed tax hike will help the city keep up with inflationary …

Monday, August 20, 2012

Eagan City Officials Eyeing 3.3 Percent Preliminary Tax Levy Increase for 2013

Despite the proposed increase, many property owners may actually see a reduction in the amount they pay, thanks to declining property values.

Follow Eagan Patch on Twitter | Like us on Facebook | Sign up for our daily newsletter Eagan city officials are weighing a 3.3 percent preliminary tax levy increase in 2013—a move that will help the city keep up with inflationary costs and pay for a roughly 1.5 percent pay increase for all city staff. The proposed increase would bring the total amount levied in 2013 to $28,322,017, a nearly $900,000 increase over the $27,425,081 levied in 2012. The city's 2013 tax levy and budget was the focus of discussion at a special meeting held by the Eagan City Council at City Hall last Wednesday. The council must certify a preliminary tax levy by no later than Sept. 15 and submit it to the Dakota County Treasurer-Auditor. But the preliminary levy is…

M.M.

9:55 am on Monday, August 20, 2012

I haven't gotten a pay raise in 5 years and had to take a pay cut to boot, and now I am expected to pay for a raise for all city workers. I understand that costs are going up; mine have been going up, also. I have had to refinance my home and restart my 30-year mortgage just to afford my monthly mortgage payments, which never used to be a problem for me. I think the city should look into ways to …   more ›

Wednesday, August 8, 2012

District 197 Bond Refund to Lighten Taxpayer's Burden

Taxpayers will save about $5.5 million over ten years starting in 2014.

Taxpayers in the West St. Paul-Mendota Heights-Eagan School District will be getting a break courtesy of a successful bond refinance presented to the board Monday night. Capitol improvement bonds approved in 2004 were put up for "refunding" (the bond market equivalent of "refinancing" in real estate) in late July by Ehlers & Associates. Due to bid offers with very low interest rates, taxpayers will save about $5.5 million between 2014 and 2024, or a reduction of about $500,000 a year off of the annual tax levy. It does not impact the district's budget. Jodie Zesbaugh of Ehlers said this was the third try for the refund. Prior attempts had been met with higher rates and didn't meet the board's minimum requirements. She described the 10 bids…

Tuesday, September 27, 2011

Most Property Owners Will Not See District 196 Taxes Increase, Initial Reports Show

The district's total property tax levy is slated to decrease, and home values continue to decline so the district will receive more equalization aid.

Most property owners in the Rosemount-Apple Valley-Eagan school district shouldn’t see their school property taxes increase next year, according to preliminary information from the district. “It’s a pretty good story to tell,” said board member Rob Duchscher. The district’s school board on Monday unanimously adopted a $75.76 million preliminary tax levy limit, which is about $2.65 million, or 3.38 percent, less than last year’s. That total is the maximum the state will allow; property taxes make up nearly 23 percent of the district’s annual revenue. In addition to the levy decrease, property values in the district also decreased for the third straight year, by about $13.7 billion, or 6.44 percent; this means the district qualifies for more…

jorn

9:54 am on Tuesday, September 27, 2011

Actually... I'd be happy to toss in a few more bucks each year on my taxes that went directly to the school, than have our family endure these headache-indicung fund raisers.   more ›

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