County tax rate to see increase

Published 1:15 pm Thursday, December 13, 2012

The Freeborn County Board of Commissioners on Tuesday approved a 1.5 percent county tax levy increase when compared to 2012.

Because of the values of properties in Freeborn County generally are declining, residential and commercial business owners likely will find a decrease in their property taxes, while owners of farmland will see an increase.

John Kluever

Freeborn County Administrator John Kluever said county taxes will be down about $24 annually for a $100,000 home and about $107 down annually for a $200,000 commercial business.

Email newsletter signup

Agricultural property taxes will go up about 10 percent, Kluever noted, mainly because of the

rising market value of farmland.

The total county levy approved was $19.46 million.

Kluever said the levy increase equates to about $290,000, which will go to support an increased Highway Department budget, specifically for infrastructure and road maintenance.

The total budget approved Tuesday included $41.4 million in expenditures and $40.8 million in revenues. Kluever said the county can usually anticipate a surplus at the end of the year which will go to support the difference.

If there is not a surplus, the difference will come from reserves.

He said the budget and levy were approved unanimously with little discussion.

The levy was the same as the one approved in September.