Sunday, November 6, 2011

Fifth Most Expensive District At $300k: Anoka-Hennepin

How can anyone with an ounce of business sense; in good conscience, insert this district into their document comparing financials with Westonka district?  Anoka-Hennepin school district, has more high schools then Westonka has schools.  Their web site claims more than 40,000 students.  40,000 students vs. approximately 2250.....yet, their district has just 4 homes assessed at $1,250,000+ compared to 306 in the district with approximately 2250 students.  At $750,000+, it's Anoka-Hennepin 57, Westonka 1067.  So which district is going to see homeowners assessed at $300,000, getting squeezed hardest??

I created a factor 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.  Anoka-Hennepin's efficiency factor comes to $.04 or $1479 / 40,000.  Westonka's comes to $.32 or $717 / 2250.  So who is paying more?????

I was going to perform this little analysis for all 21 districts in Kevin & Yes' bar chart, but after the first 5, is it really necessary?

** Property numbers for this comparison come from NorthstarMLS' tax file and are those deemed "Residential" under their plat prop type code.

2 comments:

  1. This is like comparing IBM to Radio Shack. Don't they teach critical thinking in Teacher's College, Kevin?

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  2. No, Kevin was not taught critical thinking. All he was taught was to say that he needs more money for learning environments.

    ReplyDelete