Albert Lea lowering proposed tax levy by nearly 2%
By KAALTV
December 7, 2024 - 4:50 AM
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Albert Lea tax levy
The day's local, regional and national news, detailed events and late-breaking stories are presented by the ABC 6 News Team, along with the latest sports, weather updates including the extended forecast.
(ABC 6 News) — In Albert Lea, the city is lowering their proposed tax levy.
The initial proposed property tax levy was set for 15.75%, but now, that number is being lowered to 14%.
If the levy is approved at Monday night’s city council meeting, it means if your home is valued at $100,000, your property taxes would increase by nearly $60 per year.
City officials say the increase comes from improvements being made at the city’s rec centers.