Lexington Station loses financing

Major partner pulls out because of rent control and inflation concerns. Construction of the six-story Lexington Station apartment building at 411-417 N. Lexington Pkwy. has been put on hold. Minneapolis-based developer Alatus had hoped to begin construction early next year.…

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Council sweetens city budget with new spending

Property tax levy increase is trimmed to 6.17%. Following a host of last-minute additions and subtractions, the Saint Paul City Council has adopted a city budget for 2022 that includes more money for affordable housing, police training, the replacement of…

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Cost of homeownership in city is increasing

Saint Paul’s typical homeowner will see an increase of $162 in city taxes and fees in 2022 compared to 2021, driven in part by a 6.17 percent increase in the city’s property tax levy.The owner of a median-value, $228,700 home…

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City receives mixed messages on ’22 budget

The city of Saint Paul’s annual Truth-in-Taxation hearing revealed widespread unhappiness over property tax increases but many more calls for increased city spending. Three people testified before the City Council, but more than two dozen submitted testimony via email or…

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Landlords join homeowners in opposing large property tax hikes

The Ramsey County Board heard on November 29 from property owners of all kinds deeply worried about large increases in their projected property taxes for 2022. The county held its Truth-in-Taxation hearing on that date both online and at Saint…

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Saint Paul must expand its tax base to make housing more affordable

Saint Paul has allowed its property tax base to gradually erode over the years. The tax base is and always has been what pays for public safety, schools, libraries, parks and recreation, streets and now affordable housing in the city.…

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Property tax hike is in the offing for Saint Paul homeowners

It appears to be adding up to another year of double-digit property tax increases for Saint Paul homeowners in 2022. The city of Saint Paul, Ramsey County and the Saint Paul Public Schools recently adopted their respective maximum property tax…

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City Council sets aside $209M in TIF for Midway Center redevelopment

Redevelopment of the old Midway Center property took two steps forward on August 25 with the Saint Paul City Council’s approval of an expanded tax increment financing (TIF) district and its order that the shopping center’s fire-damaged east wing be…

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Ramsey County eyes 3.2% increase in spending in 2022

The Ramsey County Board will hold a public hearing on the biennial budget for 2022-2023 at 4:30 p.m. Tuesday, September 14. The board is scheduled to set its maximum property tax levy for 2022 on September 21. After that date,…

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City, county, school district set maximum tax levies for 2021

City, county hold the line on property taxes, but school district eyes 5 percent increase By Jane McClure The 2021 property tax outlook is coming into sharper focus in Saint Paul. City and Ramsey County officials have set maximum levies…

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