September 12, 2017 10:37 PM
The St. Louis County property tax levy could rise by as much as 4.45 percent in 2018.
The county board set the maximum levy increase at a meeting Tuesday. With the estimated growth in the tax base factored in, the impact on taxpayers will likely be about .5 percent.
"To be able to do that without really having any impact on property taxes, a near 0 levy increase, is truly phenomenal work on behalf of our budgeting team here at St. Louis County," Commissioner Keith Nelson, who chairs the finance committee, said.
For example, the projected average cost increase would be about $0.56 for a $100,000 home or $1.12 for a $200,000 home, according to county predictions.
The budget once again focuses on public health and human services, public works, infrastructure and public safety. According to Nelson, those costs continue to rise. The county has added around 100 new positions to keep up with state and federal mandates over the past five years, he said.
"Out-of-home placement, of course, is a number that continues to stress our budget with nearly 900 children in out-of-home placement," Nelson said.
The maximum 4.45 percent increase is only on the county portion of property taxes. Cities and school boards also set levies.
The county will vote on the final increase at its Sept. 26 meeting.
Updated: September 12, 2017 10:37 PM
Created: September 12, 2017 06:13 PM
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