School Related Property Taxes Increase

9-6-18 budget_1536270501344.jpg.jpg

Minot residents could see a slight increase on their school-related property taxes this year, even though the school district is requesting a smaller amount of property tax money.

According to the Minot Public Schools business manager, the district will need just under 24-million dollars from property taxes, about 190-thousand dollars less than last year.

But because the city’s tax base has decreased, each property owner will end up with a small increase in taxes.

“The impact on a 200,000 dollar home in Minot would be about 22.05 a year increase in school related property taxes assuming that their evaluation didn’t go up,” said Scott Moum, Business Manager.

You’ll get a chance to comment on the school’s budget on October 4th.

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Don't Miss