North Dakota
Mandan releases property tax ranking compared to other North Dakota cities
MANDAN, N.D. (KFYR) – Of North Dakota’s 13 largest cities, Mandan ranks fifth for lowest consolidated mill levy. Town’s mill levy, or tax utilized to property primarily based on assessed worth, is 285 mills.
It’s 1.43% of worth for business property and 1.28% for residential property, in accordance with a latest North Dakota League of Cities report. Minot has the very best mill levy at almost 375 mills and Watford Metropolis has the bottom mill levy out of the state’s 13 largest cities at almost 187 mills.
The quantity of a mill levy could change primarily based on the companies offered by the town in any given yr. When residents need extra or larger high quality companies, the levy goes up. Market values and whether or not a metropolis or county advantages from pure assets corresponding to oil, fuel, or coal may influence property taxes.
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