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Posted on: November 18, 2022

Proposed Property Tax Information

Even with Anoka County's 0% proposed property tax levy increase, it's likely many residents will see larger estimated tax increases for 2023. Why?

Residential Property owners are likely to see larger estimated tax increases compared to that of Commercial, Industrial, (C/I) or Apartment properties.  The three main drivers of those differences are:

  1. Legislative Changes that excluded an additional $50,000 of C/I Value from State General Tax ONLY which helps reduce the tax liability for this classification.   
  2. Larger overall value increases compared to that of Commercial, Industrial, and Apartment which shifts more of the tax burden onto residential property owners. 
  3. Large value increases resulting in loss of homestead market value exclusion meaning more residential value is taxable adding to the residential tax burden.  
  4. Despite the County Levy remaining flat, many local taxing jurisdictions saw larger increases which again hit residential property owners harder due to the shift. 

Anoka County's Public Meeting to discuss the 2023 proposed property tax levy and budget, also known as Truth in Taxation, will be held Thursday, December 1, 2022, at 6 p.m. in the County Boardroom (#705), Anoka County Government Center, 2100 3rd Avenue, Anoka, MN, 55303. 

This meeting is to hear public comments about Anoka County's proposed budget and levy for 2023. As a reminder, the county only controls the three lines listed under County of Anoka on the proposed property tax statement, which are the General County Levy, Regional Rail Authority, and County/Municipal Public Safety System. We also collect taxes on behalf of cities, schools, and other taxing jurisdictions. Please check your statement for their specific meeting dates, times, and locations. 

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