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12-01-1992 Budget Hearing Minutes
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12-01-1992 Budget Hearing Minutes
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5/3/2024 9:35:28 AM
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PROPERTY TAX COMPARISONS FORLAKEIMETRO CITIESResidents wfAnnual Income of $10,000 $ 19,999 <br />I % of Income <br />j Lake/Metro Cities it of FilersMound <br />Excelsior <br />Wayzata <br />Shorewood <br />Orono <br />n verage Net Property Tax Net Tax % of Gross Income <br />Deephaven <br />Minnetonka Beach <br />Greenwood <br />6.47% <br />1419 9.48 <br />1564 10.48 <br />1626 10.41 <br />1734 11.45 <br />19’5 12.26 <br />17.69 <br />16.87 <br />The above are average %'s -- some Homeownor's pay 15%, 30%, 40%, of income, and more. <br />State Average = 1.3% - 2% of income
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