State General Levy Tax Info
What is the State General Levy Tax?
The state general levy tax is a property tax applied only to certain properties. Revenue from the tax is deposited in the state general fund. The state property tax levy was enacted in 2001.
The money raised from the state general tax does not go directly to local governments (counties, cities, school districts, etc.). Instead, money raised by the tax is deposited in the state general fund for the state's budget use.
Is my property affected by the state general tax?
There are three types of property that must pay the state general tax, at different rates, and based on different values:
1. Commerial/industrial properties: Class 3 commerical, industrial, and public utility property (exclusive of electric generating machinery) and class 5(1) unmined iron ore property.
2. Seasonal residential recreational properties: Class 4c(1) resorts and 1c "Ma & Pa" resorts, and class 4c (12) non-commerical seasonal properties pay some state general tax.
3. Certain non-profit community service organizations: Class 4c(3)(ii) property owned by a non-profit community service oriented organization.
What is the tax rate?
The tax rate is calculated annually and announced by the Commissioner of Revenue by January 1 of each year. For more information on the tax rate for the current year, you can visit the Department of Revenue's website.
How is the rate determined?
A preliminary state general levy rate is certified by the Commissioner of Revenue by October 1 each year. County Auditors use the preliminary rate in preparing Truth in Taxation notices for taxes payable the following year.
The final state general levy tax is certified by the Commissioner of Revenue by January 1 each year. The final state general levy tax rate is used to calculate final tax amounts on property statements.
For more information on the State General Levy Tax, please see the MN Department of Revenue website.