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Property Type <br />2023 <br />2024 <br />All Residential <br />5.43% <br />2.30% <br />Single Family Residential <br />5.74% <br />2.56% <br />Apartments <br />159.49% <br />-6.68% <br />Commercial <br />12.13% <br />-0.42% <br />Industrial <br />29.85% <br />-0.17% <br />The City's total Value for Local Rate is projected to increase by 0.1%, from 20,249,533 to <br />20,265,433. <br />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 2.54%, which is the median amount. <br />Set levy at $5,310,950 (an increase of $0 or 0.0% over 2024) <br />Set levy at $5,842,050 (an increase of $531,100 or 10.0% over 2024) <br />Page 3 of 6 <br />