Hodges Wants To Raise Mpls' Property Tax Levy By 3 PercentMinneapolis Mayor Betsy Hodges wants to raise the city's property tax levy in next year's budget by more than 3 percent.
Senate Passes Tax Plan It'll Take To Negotiations With HouseMinnesota's Senate has adopted a tax plan that could put a dent in property taxes for homeowners, farmers and businesses — except for railroad companies.
1 In 4 Taxpayers Contacted About Property Tax Refund Seek ItThousands of Minnesota homeowners could be leaving property tax refunds on the table despite Revenue Department efforts urging them to seek checks exceeding $1,000. A new department report says only about 1 in 4 taxpayers has responded to the Homestead Credit Refund notification letters by filing for the relief.
Minnesota Property Taxes Set For 2015 IncreaseThe Minnesota Department of Revenue released an analysis Friday showing a $286 million increase in planned property tax collections for 2015. That's a slightly smaller increase from previous estimates released in the fall.
Bill Would Cut Farmers' Property TaxesRural lawmakers are aiming to cut farmers' property tax bills for construction projects. A group of legislators from greater Minnesota says farmers pay $10 for every $1 city residents pay when schools, cities and counties charge for new projects because farmers own more land. They're introducing a bill that would only tax a farmer for his or her house, garage and one acre of land in those situations.
Good Question: How Do Assessors Determine Our Homes’ Worth?Earlier this week, cities and counties began sending out 2015 proposed property tax notices, including the estimated market value of your home. In Ramsey County, the assessments increased by an average of 10.4 percent. In Hennepin County, there was an average increase of 8.4 percent and in Anoka County, the average jump was 18.7 percent. So, how do cities and counties figure out how much our homes are worth?
Key Moments Give Fuel To Minnesota Campaign ThemesSeveral upcoming events on the calendar could help energize campaigns for Minnesota governor and legislative offices. They'll drive the messages voters will hear from candidates and their allies over the next two months.
Minn. Farm Families Could Get Property Tax ReliefMost Minnesota farm families could get an extra $260 in property tax relief per year under legislation that's meant to ease the squeeze they're feeling between rising property taxes and falling crop prices.
Good Question: How Does MN Decide Car Tabs Fees?According to the Federal Highway Administration, the average Minnesota driver pays $125 per year to register his or her car. But some of us pay much more, and some of us pay much less. So, when Joel Tracy of St. Paul found out his daughter paid almost $400 her new minivan’s tags, he was surprised. He had only paid $41 for his 2002 Tahoe. “I thought she stuttered,” Tracy said. According to Bruce Gordon, the director of communications for the Department of Public Safety, the car tabs fees are set by the state legislature.
Minn. Tax Bill Includes Cap On Property Tax Hikes Many Minnesota cities and counties will see a big bump in their state aid, and for that they're being required to tamp down property taxes.
1st Minn. House Bills On School IOUs, Property Tax The first batch of bills in the Minnesota House will attempt to whittle away at state IOUs to schools, give more property taxpayers rebates, install a health care insurance exchange and prop up investment grant programs.
Mpls. Mayor Rybak Proposes 1.7% Property Tax IncreaseMinneapolis Mayor R.T. Rybak is proposing a 1.7 percent property tax increase as part of his budget talks on Wednesday.