Updated: September 13, 2021 11:37 PM
Created: September 13, 2021 08:19 PM
It's budget time for the many levels of government that we pay taxes to. Monday night, Duluth Mayor Emily Larson laid out her plans for the 2022 budget.
She is proposing a 6% property tax levy increase. With 4.94% growth in the tax base and new construction, it would amount to 1.06% on Duluthians' property tax bills.
"I think what's really important is to note and to know that we are seeing growth. We are seeing expansion. And it's new growth, and it's really exciting," Larson told city councilors.
Property owners with a $100,000 home will see about $1 extra on their annual bill. For a $175,000 home, it's a $3 increase in 2022. For a larger $250,000 commercial property, the levy increase would amount to $13 next year.
"It does absolutely show up for our community in ways that are meaningful, and it does leave room for the council and for future financial needs," Larson said.
The proposal does not add or cut staff.
The general fund budget, which Larson presented Monday night, is about $97 million. The Duluth City Council will sign off on a final version in December. The city's total budget is approximately $330 million.
The county and school districts also set property tax levies. The city's portion is about a quarter of a total property tax bill.
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