Wright County Government: Assessor, Taxpayer Services Departments Discuss Property Tax Discrepancy In Buffalo

St. Michael MN

18 November, 2021

3:37 PM

Description

Press release from the Wright County Government: November 18, 2021 A Message from the Wright County Assessor's and Taxpayer Services Departments: The annual Truth in Taxation notices were mailed out to Wright County property owners Monday, Nov. 15. Due to a technical glitch, property owners in the City of Buffalo received inaccurate tax estimates, a discrepancy that was quickly located and corrected. For property located outside of the City of Buffalo, there was little to no impact on the proposed 2022 property tax amount. For residents of the City of Buffalo, if you own a residential property with a taxable value of $200,000, the approximate increase in taxes is $72. If you own a residential property with a taxable value of $350,000, the increase will be approximately $136. Commercial property with a taxable value of $350,000 would see an increase of approximately $230. Commercial property with a taxable value of $800,000 would see an increase of approximately $570. If you are looking for an updated estimate to your proposed 2022 property taxes, it can be requested by calling (763) 682-7578. Employees are prepared to provide you with a prompt response to your request. This press release was produced by the Wright County Government. The views expressed here are the author's own.