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Agenda Packets - 1991/11/04
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Agenda Packets - 1991/11/04
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Last modified
1/28/2025 4:50:53 PM
Creation date
7/18/2018 6:12:29 AM
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Template:
MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
11/4/1991
Supplemental fields
City Council Document Type
City Council Packets
Date
11/4/1991
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• The City's share of the total tax levy is 16.91%. <br /> The overall property taxes on the average home($83, 000 estimated <br /> market value) in Mounds View will increase by 5% in 1992 compared <br /> to 1991. Please see the attached table, "Property taxes on the <br /> Average Home" . The increase in the City' s portion of the <br /> property tax llevy on the average home is 39. 01%. The increase <br /> in the City's portion of the property tax levy consists of the <br /> following: <br /> Levy to replace lost State Aids $12 <br /> Voter approved fire bonds 19 <br /> Decrease in tax values 16 <br /> Increase in homestead credit (2) <br /> Decrease in fiscal disparities tax 10 <br /> The only item that the City has control over is the levy to <br /> replace lost State Aids <br /> • <br />
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