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City raises taxes to $5 33 more monthly on median-valued home

The Chaska City Council approved the final 2021 tax levy and final budgets on Monday, raising taxes 6.94% from last year. The 4-0 vote, with Councilor Mike Huang absent, will charge the median-valued home $5.33 more per month from 2020 to 2021. (The median home value went up 1.42% from $281,000 to $285,000 from 2020.) That’s a $64 annual increase from 2020, from $808 to $872, according to city documents. - Advertisement - Next year’s General Fund Operating Budget is $20.1 million, with a $11.4 million levy. That s $1.3 million more from 2020’s amended budget. It continues to put Chaska among the top 10 lowest levies among area cities, City Administrator Matt Podhradsky said. “This is one of the most challenging budgets that we’ve worked on,” Mayor Mark Windschitl said, noting the COVID-19 pandemic put a strain on nearly every aspect of it.

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