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04-07-14 Council Packet
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04-07-14 Council Packet
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8/29/2014 8:58:35 AM
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4/7/2014 4:27:38 PM
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City Council
Council Document Type
Council Packet
Meeting Date
04/07/2014
Council Meeting Type
Work Session Regular
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Anoka County City of Lino Lakes <br /> <br />Residential Tax Changes Examined <br />Although the Assessor’s Office is considered by many to be the primary reason for any property tax <br />changes there are actually several elements that can contribute to this change, including, but not <br />limited to: <br /> <br />• Changes in the approved levies of individual taxing jurisdictions. <br />• Bond referendum approvals. <br />• Tax rate changes approved by the State Legislature. <br />• Changes to the homestead credit, educational credits and agricultural aid. <br />• Changes in assessed market value. <br />• Changes in the classification of the property. <br /> <br />A combination of any of these factors can bring about a change in the annual property tax bill. If you <br />have questions, please call 763-323-5400. <br /> <br />20 <br />
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