City of Bloomington 2022 Property Tax Valuation Notice
March 25, 2022
CONTEXT
Property owners in Bloomington began receiving property valuation notices by mail this week. Numerous residents we have spoken with are concerned with the tax burden implications on the horizon given major valuation increases from the city (20%+ in some cases).1 This comes on top of significant tax increases already levied for 2022 (communicated by the City this past November with 10%+ in some cases).
12022 Property Assessment Information included with the 2022 Valuation Notice
Your share of taxes are determined based on your property valuation and classification.
1. City, county, school, or other taxing authority budgets determine your property taxes. Proposed levies and taxes for 2023 payable property taxes will be disclosed by Hennepin County in November 2022.
2. Our City Council has shown no appetite to control spending, even after the City admitted last November that commercial property values are declining and more of the tax burden will be levied on residential properties (source: Notice for proposed levies & taxes for 2022).
3. A decrease in the Homestead Market Exclusion also decreases any eligible property tax refund.
4. Property taxes are regressive and affect those who can least afford them; they are not equitable.
ACT TODAY!
Contact the Bloomington Assessor’s office if you disagree with your valuation:
Phone: (952) 563-8722
Email: assessor@bloomingtonmn.gov
Website: blm.mn/assess
Mark your calendar to attend the local appeal meetings:
Wednesday, April 20 at 6:00 pm, City of Bloomington Council Chambers
If you are still not satisfied, refer to your valuation notice for an appeal to the county.
© 2022 Published by Residents for a Better Bloomington, MN