Poll: Are Your Property Taxes Going Up or Down?

It’s tough to generalize how Oakdale homeowners’ taxes are projected to change in 2012, said Oakdale Finance Director Suzy Warren.

“It’s impacting every property extremely differently,” Warren said.

Oakdale property owners were sent their proposed property tax statements for 2012 earlier this month. Warren showed a sampling of homeowners’ statements at the last Oakdale City Council workshop meeting that ranged from a 5.7 percent decrease in property taxes to a 5.3 percent increase.

Fluctuations in property values—in some cases large ones—and a related to how property taxes are calculated contributed to the variance, she said.

On the day of the workshop, Warren didn’t yet have information from commercial property owners about how their taxes changed, however, it was projected that businesses would be hit harder by the state law change than homeownrs.

Three Oakdale Homes' Projected Changes in Property Taxes

Source: City of Oakdale