Olmsted County Board Sets Maximum 2023 Tax Levy
Rochester, MN (KROC-AM News) - The Olmsted County Board voted this afternoon to set the county's preliminary levy for next year at just under $119.5 million.
The 5.9% increase was approved on a 6-1 vote, with Commissioner Matt Flynn casting the lone dissenting vote. He expressed concerns about the impact of higher property taxes on homeowners who have experienced significant increases in their property values, particularly senior citizens.
The county staff presented three options for the commissioners to consider. The 5.9% increase was the "middle of the road" proposal. The staff recommended a 7.4% increase and also listed a just over 3% increase as a "bare bones" option.
The amount adopted by the County Board represents the maximum levy the county can collect in 2023. The commissions retain the option of reducing the levy before the county adopts its final budget in December.