November 27, 2018, Tuesday - Hennepin County Budget (truth in taxation) Meeting
Time: 6 p.m.
Location: Hennepin County Government Center, County Board Room, 24th floor, 300 6th Street
Hennepin County will hold a public meeting on the proposed 2019 budget and property tax levy – commonly called the truth in taxation meeting – on November 27.
Free parking is available after 5 p.m for residents attending the meeting in the underground ramp at the Government Center. The ramp entrance is on 3rd Avenue between 5th and 6th streets.
Proposed budget and levy
The proposed 2019 budget is $2.4 billion. The proposed net property tax levy is $830 million, an increase of 5.25 percent from last year.
The Hennepin County Regional Railroad Authority and Hennepin County Housing and Redevelopment Authority will also discuss their budgets and levies the meeting.
For more details, visit hennepin.us/hcbudget.
Property values
Property tax valuations affect the property tax portion of the budget. The Hennepin County Assessor's Office assesses properties and estimates the value they would likely sell for on the open market, which is one factor used in determining property taxes. Other factors include property tax levies set by the school districts, city, county or special taxing districts that the property is in.