School Board Approves 2.7% Levy DECREASE !

When I first glanced at this article, I instinctively read it as 2.7% increase since tax increases are pretty much the norm these days.  Later I saw it again and realized that it’s actually a tax decrease.  Imagine my surprise!  Unfortunately it isn’t all good news.  While the school levy may drop, the elimination of the homestead credit, as a part of the recent state bill to balance the budget, may offset the decrease.  Read the entire article here:

Prior Lake American:  School Board Approves 2.7% Levy Decrease

By the way, you can always catch the latest breaking news stories from the Prior Lake American on this very blog.  Just scroll down in the right hand column and look for “The Latest from the Prior Lake American”.

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About Bob Gilbert, GRI

Realtor with Edina Realty, Prior Lake, MN
This entry was posted in Prior Lake community info, Tax Related and tagged , , , . Bookmark the permalink.

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