Tuesday, July 3, 2012

ND Lawmakers Eyeing Property Tax Subsidies


 North Dakota's budget reserves keep growing, and state lawmakers say there will be lots of suggestions in the next Legislature about how to use the money.

House Democratic leader Jerry Kelsh says the Legislature needs to strengthen its existing program of providing money to reduce local property taxes.

Several lawmakers are suggesting some of the value of residential property should be exempted from property tax.

House Republican leader Al Carlson says some schools need help with soaring enrollments. He's expecting proposals to reduce property taxes and spend more on road repairs.

House Appropriations Committee chairman Jeff Delzer says the Legislature can use surplus cash for public works improvements.

North Dakota's budget office says the state should have $2 billion in reserves within a year. Delzer says those numbers could change. 
To read more about Lowering your property taxes please visit: http://findapropertytaxlawyer.com/index.php.

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