Elk River tax levy limits set

by Kurt Nesbitt
Contributing Writer

It’s almost time for city officials to decide Elk River’s tax levy for next year.

The City Council set the ceilings for three of the city’s property tax levies Monday night. It set the levies for the Elk River Economic Development Authority and Housing and Redevelopment Authority.

The EDA will get .01813 percent of a home’s 2018 estimated market value. The HRA will get .0140 percent of that same estimated market value.

The council set the ceiling for the city’s 2018 tax rate at 46.49 percent, an increase over 2017. It also set the city’s tax hearing at 6:30 p.m. Dec. 4.

The council held little discussion on the EDA and HRA items, except for a question Mayor John Dietz had about why the two levies are at the state cap. Council Member Nate Ovall, who sits on the EDA board, said the body is “tax-sensitive” and already has a lot of funds it can work with.

Dietz later questioned the Elk River Fire Department’s request for another fire captain, but felt the police department had “earned” its request for two more police officers. The council held off passing the proposed tax rate, shaving about $77,000 from the levy until Dietz received more information from the Fire Department.