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Proposed 2022 City Taxes on a Median Single-Family Home
<br /> Final Final Proposed
<br /> 2020 2021 2022 Interactive Tax Calculation Worksheet
<br /> can be found on Ramsey County's
<br /> Total Tax Capacity 30,099,680 32,566,901 33,559,475 website by selecting the"Homestead
<br /> vs. Non-Homestead"Excel link.
<br /> Captured Tax Increment Tax Capacity (2,667,829) (2,884,164) (3,049,287) https://www.ramseycounty.us/residen
<br /> Fiscal Disp Contribution (3,362,873) (3,350,497) (3,744,545) is/property-home/taxes-values/tax-
<br /> calculators-rates
<br /> Value for Local Rate 24,068,978 26,332,240 26,765,643
<br /> (Taxable Net Tax Capacity)
<br /> City Tax Levy 10,384,400 10,602,400 11,475,600 8.24% increase in levy
<br /> Fiscal Disparities Distribution (1,423,915) (1,498,946) (1,517,017)
<br /> Net City Tax Levy 8,960,485 9,103,454 9,958,583
<br /> Calculated City Tax Rate 37.228% 34.572% 37.207%
<br /> City Median Estimated Value of Single-Family Home 280,650 299,300 315,700 5.48% increase in home value
<br /> Homestead Exclusion (11,982) (10,303) (8,827)
<br /> Taxable Marked Value 268,669 288,997 306,873
<br /> Class Rate 1% 1% 1%
<br /> Net Tax Capacity 2,686.69 2,890 3,069
<br /> Annual Estimated Tax $ 1,000 $ 999 $ 1,142
<br /> Change from Prior Year 143
<br /> Monthly Change $ 12
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