Interesting. In the recent St. Paul budget, it was stated that the budget is structurally balanced, in other words, it does not rely on loan funding to balance. The discipline seems to be paying off. Also, there has been a shift to greater commercial property taxation rather than homeowner.
Note the tax bill for a $183,000 home. Compare.
Thursday, September 18, 2008
St. Paul: Pioneer Press: Property Tax Bills Poised to Fall: Shift to Commerical
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