November 27, 2006
Enough with the subsidies, Rogers' new officials say
Enough with the subsidies, Rogers' new officials say (Star Tribune, November 27)
This article references the 2006 Property Tax Review:
Twenty-seven percent of Rogers' total tax capacity, according to a study by the nonprofit Citizens League, had been captured by tax-increment financing during that period. Rogers was only one of three major cities -- Chaska and Mounds View were the others -- with more than 20 percent of their total tax capacity devoted to the subsidy. The average for the 54 largest municipal users of tax-increment financing was 9.5 percent, with Minneapolis at 15 percent.