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2016.12.05 CC PowerPoint Budget Hearing
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2016.12.05 CC PowerPoint Budget Hearing
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2/23/2017 12:05:49 PM
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2/23/2017 12:04:04 PM
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City Council
Document Type
PowerPoint Presentation
Meeting Date
12/5/2016
Meeting Type
Regular
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Comparative 2016 Tax Rates <br />• Average City Tax Rate (all 853 cities in <br />Minnesota) ............................. 46.520% <br />• Actual Average LGA ............ $608,907 <br />• Tax on $222,500 Homestead = $ 954.99 <br />• City of Hugo's Urban Tax Rate ..36.323% <br />• Actual Local Government Aid ... $0 <br />• Tax on $222,500 Homestead = $ 745.66 <br />Tax <br />Difference <br />of <br />$209.33 <br />Tax <br />Difference <br />of <br />22% <br />
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