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Nov 14, 2024 · The department will release final property tax levy information in February. For 2025, preliminary property taxes statewide could increase by a maximum of $781.6 million over 2024, a 6% increase. Last year, the final statewide levy increase was $104.4 million lower than the preliminary levies, resulting in a 6.4% increase.
Nov 15, 2024 · The city of St. Paul and the school board set maximum levy increases of 7.9%. Zoom out: Some suburban cities and counties are proposing even higher maximum increases: Lakeville approved a 12% increase, Edina's is set at 13.1%, and Bloomington's is at 11.5%. Tax levies could rise by 16.9% in Anoka County, 10% in Dakota County, and 8.9% in Carver ...
The 2024 certified property tax levies for special taxing districts will total approximately $494 million compared with $459 million in 2023, a $35 million increase, or 7.6%. Total The 2024 certified property tax levies for all local governments will total approximately $12.183 billion compared with $11.406 billion in 2023, a $777 million increase, or 6.8%.
Sep 20, 2024 · The Hennepin County Board on Tuesday approved a maximum increase of the local property tax levy of 5.5% to support a nearly $3 billion proposed budget for the coming year.
- Greta Kaul
3 days ago · The department will release final property tax levy information in February. For 2025, preliminary property taxes statewide could increase by a maximum of $781.6 million over 2024, a 6% increase. Last year, the final statewide levy increase was $104.4 million lower than the preliminary levies, resulting in a 6.4% increase.
5 days ago · The city of Minneapolis proposed the largest property tax hike in 16 years, 8.1%, while the school board passed a maximum levy of 4.5%. That's in addition to a separate $20 million school ...
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Nov 16, 2023 · For 2024, preliminary property taxes statewide will increase by a maximum of $882.1 million, a 7.3% increase. Last year the final levy increase was 0.6% lower than the preliminary levies. Cities - The 2024 preliminary property tax levies for cities will total approximately $3.462 billion compared with a final levy of $3.194 billion in 2023, an 8.4% increase.
