What‘s a brand new concept you’ve got for retaining property taxes in verify? Baker: Final yr, Solar Prairie actual property pricing for single household houses elevated 6.2% ($322,855) and condominiums elevated 3.93% ($228,863). With lack of stock, traditionally low mortgage charges and robust demand, housing costs are predicted to extend 6% in 2021. To maintain property taxes in verify, management the mill charge and create new income streams.
Jokisch: This yr’s property tax enhance was held to 1.5% for the common valued Solar Prairie residence, whereas nonetheless defending important metropolis providers and offering help for these most impacted COVID-19. To manage future will increase, we might want to fastidiously look at the scope and time-frame of three main tasks: the Household Aquatic Heart, Library Enlargement, and Public Works Campus.
How do you stability growth with sustainability? Baker: The query is how will we as town instill the assumption, “Love the place you reside, work the place you like, and play the place you reside?” Solar Prairie’s inhabitants has skilled exponential progress and growth has supported the expansion. I imagine that the precedence ought to be with the core providers of Security, Well being, Public Works and Reasonably priced Housing.