Nice spread in The Laker today [11/5] by YES! Money well spent? Hmmmm.... First, Hennepin County told them not to cite the county as the author. Several others have tried to help them see this is not an apples to apples comparison. Are you familiar with the Elk River school district? It's number one in terms of school portion of property tax on a $300,000 house!! Please take a look and let me know how this district is in any way, shape or form a relative comparison to Westonka?!
I'm going to make it up as I go too! I created a factor today for comparing homes assessed at $300k across multiple districts!! You divide the school tax load of a $300k home, by the number of students in a district, to find out how efficient a district is at using it's money--since all things are equal. Elk River's efficiency factor comes to $.14 or $1830 / 12,708. Westonka's comes to $.32 or $717 / 2250. So who is paying more?????
Further, Westonka district has 306 residential properties assessed at $1,250,000 or more. Elk River district has 5. Put on your thinking caps and ask yourself, "what this will do to/for the tax load of $300k homes in the respective districts????" This isn't rocket science.......
Visit often between now and Tuesday as I will break down the other "expensive" districts! Up next, St Anthony Village. It can't really be more expensive to do business in the heart of the city......can it?
** Property numbers for this comparison come from NorthstarMLS' tax file and are those deemed "Residential" under their plat prop type code.
Don, Thanks for going over this simple math for me. The school district should be ashamed for intentionally misleading the public. You have my vote.
ReplyDelete