City Council Considering 11% Property Tax Hike
Rochester, MN (KROC AM News) - The Rochester city Council meets Monday afternoon to certify the city’s preliminary 2017 property tax levy.
City Administrator Steve Kvenvold is recommending the Council set the amount at $63.5 million.That would be an increase of about $6.3 million or 11-percent when compared to the city’s current property tax levy of $57.2 million.
Kvenvold is also recommending the Council set that the city’s preliminary budget for next year at $270 million.
Both figures represent the maximum amount for 2017, and the Council has the option of reducing the levy when the city’s final budget for next year is adopted following a public hearing in December.