North Dakota County Seeks Property Tax Hike Despite State Limits
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New informationRepeats or wire copies
What happened
Divide County is asking voters for an additional 2% property tax increase, which would amount to roughly $37,800 annually over four years. Traill County is requesting an additional 6.41% increase, or about $461,000 per year for four years. These requests seek to exceed the 3% annual property tax limit set by the state legislature in North Dakota.
From y94.com
Why it matters
Local governments rely on property taxes for funding services, but the state limit restricts revenue growth. County officials stated that the additional funds are necessary to cover rising operational costs, such as health insurance which increased 10% last year. If voters reject the measure, Divide County must make operational cuts.
From y94.com
Who's involved
- North DakotaState government that sets the property tax increase limit for local jurisdictions.
- Divide CountyCounty seeking voter approval to exceed the state's property tax limit to fund operations.
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The entities involved
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North Dakota
state of the United States of America
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Divide County
county in North Dakota, United States
Nothing else this week.
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Fargo
city in and the county seat of Cass County, North Dakota, United States of America
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Grand Forks
city in North Dakota, United States