DULUTH, MN (KDAL) – The St. Louis County Board has given initial approval for the 2021 maximum property tax levy in the amount of 147.7 million dollars.
While this is an increase of 1.48% compared to this year’s levy, the county’s property tax base has increased by 5%, which means most property owners will pay less on the county portion of their property tax bill.
An increased property tax base means the total levy amount is divided among more people. For example, on average, the owner of a home valued at $150,000 would see a decrease of just under $34; and the owner of a home valued at $200,000 would pay approximately $45 less in property taxes next year.
The vote this week was part of the Board’s Committee of the Whole meeting, and was unanimous. The final vote will occur during the next County Board meeting, on September 22nd.
Two meetings have been set to collect public input on the levy and budget. They will be on Monday, November 23, at the St. Louis County Courthouse in Virginia, and the following Monday, November 30, at the Government Services Center-Duluth. Both meetings will start at 7 p.m.
