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LESS EXPENSIVE FOR MORE PEOPLE <br />A 15% increaser to the tax levy would pay for roads and be cheaper than a $14 Franchise Fee for 7,465 out of 9,169 properties listed via the city <br />provided Billing Conversion Code. That equates to a savings for approximately 81 % of Ramsey residents. The regressive nature of the Franchise fee <br />is especially apparent for residents with an average home value and even more so for those with home values lower than average. <br />Average House: <br />Ramse <br />$2,796 <br />$168 <br />Property Tax <br />Annually* <br />Franchise Fee <br />Annually <br />Percent of Property <br />Tax Increase <br />$2,796 <br />$125 <br />Average House: <br />Ramsey <br />Property Tax <br />Annually* <br />City Portion <br />Cast of 15% <br />Increase <br />Percent of Property <br />Tax Increase <br />Break Even Point: <br />Ramsey <br />$3,732 <br />Property Tax <br />Annually* <br />City Portion <br />Franchise Fee <br />Annually <br />Percent of Property <br />Tax Increase <br />Average <br />Ramsey <br />Property Pays <br />20% Under FF <br />Average <br />Ramsey <br />Property Pay <br />15% Under TL <br />https://datausa.io/profile/aeo/ramsev-mn#housin <br />https://worldpopulationreview.com/us-cities/ramsey-mn-population <br />Break Even <br />Point is <br />$336,306 Home <br />Value <br />