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Below are tables showing the impact of various levels of a city levy increase to Arden Hills' homes
<br /> assuming that a home's value is increasing by 4.05%, which is the median amount.
<br /> Set levy at $4,259,400 (an increase of$124,060 or 3.0% over 2020)
<br /> Value of Value of Taxab e C.Tf TAX
<br /> F . . F . .
<br /> Pay 202-0 Pay 2021 Pay 2-021 Pay 2020 Pay 2021 CHANGE a
<br /> 190,000 197.300 156,900 404 415 11 2.9°
<br /> 372,400 387,500 395,100 937 959 22 2.3%
<br /> 410,000 426,600 426,600 1,041 1,062 21 2.0°
<br /> 525,000 546,300 546,300 1,350 1,339 39 2.9%
<br /> 650,000 576,400 576,400 1,747 1,793 46 2.6%
<br /> Set levy at $4,300,750 (an increase of$165,410 or 4.0% over 2020)
<br /> Taxable
<br /> Property .p-
<br /> Pay 2020 Pay 2021 Pay 2021 Pay 2020 Pay 2021 CHANGE CHANGE
<br /> $ 190,000 $ 197,300 $ 166,900 $ 404 $ 420 $ 16 3.9%
<br /> 372,400 $ 387,500 $ 39.5,100 $ 937 969 32 3.4%
<br /> 410,000 $ 426,500 $ 426,600 $ 1,041 1,073 32 3.1%
<br /> 525,000 $ 546,300 $ 546,300 $ 1,350 $ 1,403 53 3.9%
<br /> 650,000 $ 676,400 676,400 5 1,747 1,812 65 3.7%
<br /> Set levy at $4,342,110 (an increase of$206,770 or 5.0% over 2020)
<br /> Value . Value . Taxable CITY 1
<br /> F . . Pro .
<br /> Pay 2020 Pay 2021 Pay 2021 Pay 2020 Pay 2021 CHANGE CHANGE
<br /> 180,000 197,300 $ 156,900 $ 404 $ 424 $ 20 5.0%
<br /> $ 372,400 $ 397,500 $ 395,100 937 979 * 42 4.5%
<br /> 410,000 $ 426,500 $ 426,500 $ 1,041 $ 1,084 $ 43 4.1%
<br /> 525,000 $ 546,300 $ 546,300 1,350 $ 1,419 $ 69 5.0°
<br /> 65 0,000 $ 676,400 $ 676,400 1,747 $ 1,831 $ 84 4.3%
<br /> The 2020 City Tax Rate is 25.414%. The estimated 2021 City tax rate based on the most current
<br /> information is calculated as follows for the different tax levy increases:
<br /> 0.0% 24.102%
<br /> 3.0% 24.891%
<br /> 4.0% 25.154%
<br /> 5.0% 25.417%
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