HomeMy WebLinkAbout1975 09-25 Maplewood taxpayers can expect 25% hike DISPATCH o w r,..,-< ;-_,,..•
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Continued fr; m r ;F_, t SQ 7-16, tci"7'S7
1iit
rr teir i.�g About . .0),COmore �' effect of i, �,i will
parities f,?r 1973 .ami i,,;,, will
per year in stare aids — "which mean a net loss of property tax
is it t .hat our i to ease
dr, .= r s r,. anhrommately
1, Oe." Qts -- 6330,QQu and $2.30,000 . . . to the
"For the last five years," Mill- city government, schools and
er said, "we've been trying to other taxing districts affecting '
limp that (city) levy on an even Maplewood property owners,"
level. Now we've used up all Miller told the council last
our reserves. Last year's budget week.
included minimal capital im
provements. We bought polic^ 14i ldI . :,a T1,:;•.. I , `,:, t
cars out of r serve funds." 15 mills. The total mill rate in
THE state Fiscal l�isn. rikes the city, which includ,; ,u,,.rt of
L . ;_ at scat ii>ut n ie three drool districts and a wat-
creases in valuation of commer- t'° h'd district, range, from123
cial and industrial property t°139 mills.
more evenly in the metropolitan
area, also means a tax loss for
Maplewood,Miller said.
He estimated that Maplewood
will lose about $2 million of its
expected $14.8 million increase
in commercial-industrial valua-
tion in 1975-76.