Property

St. Paul Metropolis Council approves 6.9% most property tax levy

St. Paul might increase its property tax levy by as much as 6.9% subsequent 12 months, although Metropolis Council members mentioned they’d like to cut back that determine as they finalize the town’s 2022 finances within the coming months.

In August, Mayor Melvin Carter introduced a $713 million finances that might be partly financed by a $176.6 million property tax levy. That might mark an $11.4 million, or 6.9%, improve from what the town is gathering in property taxes in 2021.

The levy is the entire quantity the town collects in property taxes, not what particular person property homeowners pay.

If Carter’s proposal is accepted, the proprietor of a median-value St. Paul house — valued at about $229,000 — would pay a further $127 in property taxes to the town subsequent 12 months.

Property homeowners might see further will increase to their tax payments from Ramsey County or the St. Paul college board. The county has proposed a 1.5% levy improve that might translate to a further $112 for median-value houses in St. Paul.

Like many native governments, St. Paul didn’t improve its property tax levy in 2021 to keep away from including bills for households already going through monetary hardships through the peak of pandemic-related shutdowns.

The council on Wednesday unanimously voted to set the utmost 2022 levy restrict on the degree Carter proposed. Members beforehand advisable holding the levy improve between 2% and 4% and pledged to search for methods to cut back taxpayers’ payments.

The council will vote on a remaining finances in December.

KATIE GALIOTO

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