Affordable Property Taxes : October Update
Let’s discuss affordable property taxes. In 2016 the City of Duluth General Fund was $80M. In 2022, it was $106M. A 25% increase. In 2016 the City property tax levy was $24.2M. In 2022, it was $43.6M. And that was after a proposed 9% property tax levy increase last fall. That’s a 56% increase in the city property tax levy over the past eight years. No Duluthian I know has seen a 56% increase in their wages over the same time period.
2024? Another proposed increase despite record state aid, and $58M in federal recovery dollars.