City's share of taxes will increase slightly
The city's share of taxes for Rosemount residents will go up in 2014. During their Tuesday night meeting, the city council passed a preliminary budget that includes a 1.55 percent increase in the city's property tax levy.
City administrator Dwight Johnson said the recommended budget will raise the city taxes on a median-value home by $18. The median home value in Rosemount is $203,500. The estimated city tax on that value home would be $878.