Early numbers suggest most of us will see higher property taxes

MPR cautions that property taxes can be a complex thing in Minnesota. Most increases will be in the single digits.
Author:
Updated:
Original:

MPR cautions that property taxes can be a complex thing in Minnesota. Most increases will be in the single digits.

Next Up

Liam Robbins

Gophers stay perfect at home by crushing 7th-ranked Michigan

Liam Robbins and Marcus Carr were too much for the previously undefeated Wolverines.

police lights

Four teens arrested over robberies in Minneapolis

They teens were found in a vehicle that was taken during an earlier carjacking.

Boundary Waters/BWCA

All BWCA visitors will now have to watch three 'Leave No Trace' videos

Visitors left an "unacceptably high amount" of damage last year.

ambulance

Ten fatal overdoses in past 6 weeks reported in region of northern MN

Law enforcement agencies have issued a plea to the general public.

u.s. district court minnesota - federal court minneapolis

Bracing for security threats, federal courthouses closing in Minnesota

Security is also being ramped up at the state capitol.

N95 mask

3M sues Florida company that sold 10K counterfeit N95 masks to HCMC

The Maplewood company has obtained a temporary injunction against the firm.

vaccine, covid

Walz, Whitmer, and Evers call on Trump Admin. to buy more vaccines

It comes after The Washington Post reported that the country's COVID vaccine reserves have been exhausted.

Karl-Anthony Towns

Wolves-Grizzlies game off, KAT tests postive for COVID

The Timberwolves star was among several players that are dealing with COVID-related issues.

minnesota state fair

Planning for the 2021 Minnesota State Fair is underway

The fair suffered huge financial losses due to COVID-19, but organizers are moving forward with planning "different scenarios" for this summer.

Related

Property tax increases will likely mean higher rents next year

Recent changes to the state's property tax rules are increasing taxes on apartment owners, and many of them may pass those costs on to their tenants. High demand and few vacancies aren't helping the situation for renters.

Minn. agriculture land boom means shift in property tax burden

Counties in southwest Minnesota are seeing record land prices with rates expected to keep climbing. Officials say rural landowners should expect a 2012 property tax increase of 20 to 30 percent.

Two themes in 2011: Higher property taxes, fewer jobs in local government

Minnesota Public Radio takes a look back at the year and finds two trends in how communities across the state are wrestling with budgets. Property taxes, which have been rising for more than a decade, continue to go up as local governments try to make up for losses in state aid. Many municipalities are also cutting into their own budgets and payrolls to find savings on the other end.

State budget deal may mean higher rents

The credit was cut as part of a debt deal to end the government shutdown earlier this summer. But MPR reports apartment renters and small commercial properties will likely be hit the hardest -- with tax increases around 17 percent.

Dakota County votes to not raise property taxes

But many homeowners will see their tax bills increase anyway because lawmakers cut the Market Value Homestead Credit as part of a debt deal to end the government shutdown earlier this summer.

Report shows Minnesota property taxes rising fastest outside the Twin Cities

Property taxes are up all over Minnesota this year. But while the Twin Cities area deals with hikes of a little over 3 percent, the increases approach 9 percent in the rest of the state. Some of the biggest increases are in Duluth and on the Iron Range.

Republicans say property tax relief will be 'top-tier priority' in next session

A bill from the chairman of the House Taxes Committee would grant larger tax refunds to homeowners whose property tax bills are soaring. The bill would also slash taxes for all businesses. But the top House Democrat on property taxes says Republicans missed a chance to cut property taxes earlier this year.

Republican pledges to fix property tax change hurting rural Minnesota

Gov. Dayton and lawmakers earlier this year replaced the homestead market value credit, which lowered many Minnesotans' property taxes, with a new program. But local governments say the new plan is raising property taxes significantly. And poor, rural Minnesotans are bearing the brunt of it.