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Sample Home Tax Impact 2021 Page 1
<br />Sample Estimated Home Tax Impact
<br />City of Mounds View Only
<br />2020 2020 2021 2021 2021 2021 2021 2021
<br />Market Taxable Market Taxable 2020 Tax No levy Tax 1% levy Tax 2% levy Tax 3.3% levy
<br />Value Value Value Value Tax Increase Increase Increase Increase
<br />77,043 46,743 80,125 50,125 193 190 193 195 198
<br />154,086 130,686 160,250 137,450 522 507 513 520 528
<br />231,128 214,728 240,373 224,773 851 824 834 844 857
<br />308,171 298,671 320,498 312,098 1,181 1,141 1,155 1,169 1,187
<br />385,214 382,614 400,623 399,423 1,510 1,458 1,476 1,494 1,517
<br />462,258 462,258 480,748 480,748 1,823 1,755 1,776 1,798 1,826
<br />539,299 539,299 560,871 560,871 2,127 2,047 2,072 2,097 2,130
<br />616,343 616,343 640,996 640,996 2,431 2,340 2,368 2,397 2,434
<br />693,386 693,386 721,121 721,121 2,735 2,632 2,664 2,697 2,739
<br />Tax
<br />capacity for Local
<br />local rate tax rate Tax Levy
<br /> 2006 7,533,462 39.939 3,838,994
<br /> 2007 8,364,245 37.328 3,838,994
<br /> 2008 8,574,618 34.962 3,838,994
<br /> 2009 8,475,755 32.351 3,799,393
<br /> 2010 7.9% levy increase (Streets)7,580,259 40.968 4,099,393
<br /> 2011 2% levy increase (Gen Fund)7,039,380 41.172 4,181,381
<br /> 2012 (Mkt. Value Homestead Credit ended)6,421,849 48.893 4,181,381
<br /> 2013 6,026,790 50.422 4,181,381
<br /> 2014 2% levy increase (Gen Fund)6,985,345 44.301 4,265,010
<br /> 2015 2% levy increase (Gen Fund)7,642,870 42.886 4,350,310
<br /> 2016 1% levy increase (Gen Fund)8,236,495 40.105 4,393,813
<br /> 2017 1.71% (Gen Fund) 2.28% (HRA/EDA)8,930,973 37.980 4,568,947
<br /> 2018 8.87% levy increase 9,772,018 37.742 4,973,985
<br /> 2019 9.12% levy increase 10,770,483 38.009 5,427,676
<br /> 2020 4.63% levy increase 11,798,037 36.795 5,678,877
<br /> 2021 0% levy increase 12,668,518 34.053 5,678,877
<br /> 2021 1.00% levy increase 12,668,518 34.501 5,735,666
<br /> 2021 2.00% levy increase 12,668,518 34.950 5,849,244
<br /> 2021 3.30% levy increase 12,668,518 35.533 6,036,647
<br />Preliminary tax capacity increased $870,481 or 7.38% over 2020
<br />Preliminary median valued home increased by 4.000%, from $241,000 to $250,750
<br />Preliminary amounts are based on County Auditor report dated 08-18-20
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