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Sunday, November 27, 2016

Dakota County Truth in Taxation hearing scheduled

Dakota County expects to again have lowest property tax levy per capita in state.
 
The annual truth in taxation public hearing to discuss the 2017 Dakota County budget and proposed property taxes is scheduled for Tuesday, Nov. 29 in Hastings, 6 p.m.
 
Based on the proposed 2017 levy, a two percent tax increase is expected. Data recently released by the state Department of Revenue indicates that Dakota County will once again have the lowest property tax rate per capita in the state in 2017. A major contributor to this low property tax rate is that the County has no debt that taxpayers need to support, having paid off the last $23.9 million in bonds earlier this year.
 
A median priced home, with a market value up 4.37 percent since last year, will see an increase of about 2.8 percent ($16 for the year) in county taxes. 
 
As a convenience to County residents, taxpayers are now able to retrieve their proposed property tax notices online using the Dakota County Property Information Search site (www.dakotacounty.us and search property information) to sign up to receive their proposed notices, property tax statements and valuation notices through e-mail. Thousands of residents have already taken advantage of receiving their proposed notices electronically. 
 
A presentation detailing the 2017 budget is scheduled for the truth in taxation hearing, followed by public comment and questions. Staff from the Financial Services and Assessing Services departments will be present to help answer questions and assist residents.
 
The meeting is scheduled for 6 p.m. in the Dakota County Administration Center, 1590 Hwy 55, Hastings, 55033. For more information about Dakota County property taxes, please visit www.co.dakota.mn.us and search property tax 101

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