Pioneer Press Thu, 10 Jan 2008 23:31:41 -0700
At The Capitol / State forecasts 2008 property tax increases
Property taxes are projected to increase between 8 percent and 9 percent across Minnesota this year, according to two predictions issued by state researchers Thursday. The news isn't as bad for homeowners. The state Revenue Department estimated property taxes on owner-occupied homes would rise 5.3 percent, while the nonpartisan Minnesota House Research Department forecast a 5.7 percent increase. Business property taxes will go up about 8 percent. Democratic legislative leaders said those higher-than-expected increases show that the 2008 Legislature should buy down property tax bills for financially stressed homeowners
[[keywords: PropertyTax;Metro;]]
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