City's share of property taxes will go down
Rosemount's share of residents' property will go down for the second year in a row. The city council approved the city's preliminary budget Tuesday night and for many it means good news.
The approved preliminary budget reduces the tax burden by $64 for a resident in a median value home. The reduction is in addition to the $77 decrease adopted for 2010. The estimated median home value for Rosemount is $212,000.