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12-05-2022 TNT (2)
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12-05-2022 TNT (2)
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Last modified
1/28/2025 4:51:30 PM
Creation date
1/10/2023 2:32:58 PM
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Template:
MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
12/5/2022
Supplemental fields
City Council Document Type
Packets
Date
12/5/2022
Sticky Note
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1
Text:
A truth-in-taxation notice was prepared by Ramsey County and mailed to each property owner. This is part of that notice that was sent to the median value home in Mounds View. It shows the tax levied in 2004 and the tax proposed to be levied in 2005 by each unit of government.
For this home, the total tax went from $1,740 in 2004 to $2,024 in 2005, an increase of 16.3%.
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Sample Home Tax Impact <br />2022 Home 2022 2023 Home 2023 <br />Taxable City Taxable City <br />Value Tax Value Tax Difference <br />56,955 224 70,008 264 40 <br />151,210 579 177,316 654 75 <br />245,463 934 284,522 1,044 110 <br />339,717 1,288 391,830 1,434 146 <br />432,272 1,637 492,038 1,800 163 <br />518,727 1,965 590,446 2,160 195 <br />605,180 2,292 688,852 2,519 227 <br />691,635 2,620 787,260 2,879 259
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