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Legislature enacts primary‑residence credit, caps taxing districts at 3%; cities warn of strain
Summary
The legislative package raised the primary‑residence credit to $1,600, capped taxing‑district levies at 3% growth without local voter approval, and changed mill‑levy vote timing; municipal leaders warned the limits may not keep pace with inflation and personnel costs.
State lawmakers approved a property‑tax package that changed credits and local taxing limits, prompting concern from Fargo officials about its effects on municipal budgets.
Representative Austin Foss, who worked on tax committee language, summarized the main items: "We are increasing that primary residence tax credit to $1,600 ... You will still have to declare your primary residency every year," he said. Foss also noted the credit does not…
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