Property tax mil rate set at $24.68, up 7 cents over last year

12:12 p.m.


Property tax mil rate set at $24.68, up 7 cents over last year

ROCHESTER - The city's tax cap compliant $142,122,496 operating budget that passed unanimously last week reflects Council adjustments including the addition of Assistant City Engineer and Planner I positions, revenue adjustments, and bottom-line increases to the School Department to fund their Continuing Services budget and associated positions.

Following the adoption of the budget, the projected 2021 tax rate is estimated at $24.68, a $0.07 increase over the 2020 $24.61 rate.

For a $300,000 home (without changes to other factors such as the property's assessment), that increase would amount to an approximate tax bill increase of $21. First issue property tax bills are being processed and are tentatively scheduled to be mailed on Monday. Tax bills are due 30 days from the mailing date.