Ramsey County Set to Hike Property Tax Levy by 9.75% in 2026
Residents of Ramsey County are facing a proposed 9.75% increase in their property tax levy for the upcoming year, with the county's total budget estimated at $929 million. The county manager cited rising costs and limited revenue growth as key drivers behind the expense.
According to County Manager Ling Becker, the largest contributors to expenses are unfunded state mandates, employee compensation, and core services. Ramsey County also has limited opportunities for property tax base growth compared to other counties, which contributes to its high social services costs.
The estimated median home value in Ramsey County is $394,700, with a county portion of the average homeowner's property tax bill expected to increase by 4.4%, or $22 per month. This would result in an annual tax increase for homeowners, although exact amounts vary depending on factors such as neighborhood and property type.
Compared to other metro counties, Ramsey County's proposed levy is slightly below the statewide average of 8.1% increases, but still higher than some cities like Anoka and Dakota counties. However, it's worth noting that a levy increase does not necessarily translate to an equal tax bill for each property, as new developments or changes in property valuation can offset some of the levy's effect.
The Ramsey County truth in taxation hearing will take place on Thursday at 6 p.m. in the St. Paul City Hall–Ramsey County Courthouse council chambers, where residents can learn more about the proposed budget and provide input.
Residents of Ramsey County are facing a proposed 9.75% increase in their property tax levy for the upcoming year, with the county's total budget estimated at $929 million. The county manager cited rising costs and limited revenue growth as key drivers behind the expense.
According to County Manager Ling Becker, the largest contributors to expenses are unfunded state mandates, employee compensation, and core services. Ramsey County also has limited opportunities for property tax base growth compared to other counties, which contributes to its high social services costs.
The estimated median home value in Ramsey County is $394,700, with a county portion of the average homeowner's property tax bill expected to increase by 4.4%, or $22 per month. This would result in an annual tax increase for homeowners, although exact amounts vary depending on factors such as neighborhood and property type.
Compared to other metro counties, Ramsey County's proposed levy is slightly below the statewide average of 8.1% increases, but still higher than some cities like Anoka and Dakota counties. However, it's worth noting that a levy increase does not necessarily translate to an equal tax bill for each property, as new developments or changes in property valuation can offset some of the levy's effect.
The Ramsey County truth in taxation hearing will take place on Thursday at 6 p.m. in the St. Paul City Hall–Ramsey County Courthouse council chambers, where residents can learn more about the proposed budget and provide input.