Rosemount City Council to Hold Truth in Taxation Public Hearing

The Rosemount City Council will hold its regular meeting at 7:30 p.m. tonight at , and a public hearing has been scheduled before the council votes on the final 2012 budget and tax levies. 

As Rosemount Patch has reported in the past few weeks,

Documents from a City Council work session held on Nov. 7 estimate that the owner of a $201,600 homesteaded property will pay $2,473 in total property taxes in 2012 after market value exclusion.

According to city representatives, a city tax levy reduction of $529,000 or approximately 5.75 percent will also contribute to the projected property tax decrease. Mayor Bill Droste estimated that the median value homeowner will pay $38 less in city property taxes. Jeff May, finance director for the city, stated that the largest decrease in property taxes will most likely be city and school district taxes.

In addition at the meeting, another public hearing will take place for 2012 street improvements. 

The Mississippi River Trail (MRRT) will provide an update to council and in new business, the City Council will consider a single-axle plow truck.