Early indicator: Property taxes headed up
ST. PAUL – A preliminary report shows local governments plan to increase property taxes next year.
Tuesday’s Minnesota Revenue Department report indicates cities expect to raise taxes 2.1 percent, counties 1.5 percent, townships 2.1 percent, schools 2.6 percent and other taxing districts 2.3 percent. Within those overall statewide numbers, some governments expect increases, others plan tax cuts.
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