The owner of the average Baxter commercial/industrial property valued at $1,063,100, experiencing no value change, would pay $6,773 instead of the $6,801 paid in 2020, or $28 less. With an average increase in value, however, that taxpayer would shell out $233 more.
No value change to the average $376,500 seasonal recreational property in Crosslake would also result in a small decrease in taxes year over year, from $1,248 to $1,243. Or with the average value increase, the seasonal recreational property owner would pay $41 more.
County Administrator Tim Houle said in September
an important consideration when setting a budget is the amount of new construction in the community expected the following year. New construction represents an increase in demand for services, Houle said, which will drive additional expenses. According to a county analysis, the value of new construction expected in 2021 is $140,573,617 a 26.17% increase over the previous year and 1.17% of the total estimate
The owner of the average Baxter commercial/industrial property valued at $1,063,100, experiencing no value change, would pay $6,773 instead of the $6,801 paid in 2020, or $28 less. With an average increase in value, however, that taxpayer would shell out $233 more.
No value change to the average $376,500 seasonal recreational property in Crosslake would also result in a small decrease in taxes year over year, from $1,248 to $1,243. Or with the average value increase, the seasonal recreational property owner would pay $41 more.
County Administrator Tim Houle said in September
an important consideration when setting a budget is the amount of new construction in the community expected the following year. New construction represents an increase in demand for services, Houle said, which will drive additional expenses. According to a county analysis, the value of new construction expected in 2021 is $140,573,617 a 26.17% increase over the previous year and 1.17% of the total estimate