The Tax Statement
The statement contains a listing of the dollar amount due to each taxing authority and the amount of the state determined school tax from the parcel of real property for which the tax statement is prepared.
The dollar amounts attributable to the county, state general tax, voter approved school tax, the other local school tax, the township or municipality, must be separately stated.
In the upper left portion of the statement is the Property ID Number (or parcel number) and a brief legal description of the property this tax bill is for.
It also includes information on the property owner(s).
Real and personal property tax statements must list, for both current and prior year:
- all property classes
- improvements excluded
- new improvements/expired exclusions
- estimated market value
- taxable market value
This information appears in the box in the upper right corner of the statement.
Real and personal property tax statements must contain the following information in the order given here.
The information must contain the current year tax information in the right column with the corresponding information for the previous year in the left column:
|Line 1 - Qualifying Tax Amount||Use this amount on Form M1PR to see if you are eligible for a Homestead Credit Refund: This line represents the qualifying tax amount to be used when filing for the Homestead Credit Refund. For farms it only includes the tax for the house, garage and 1 acre and for residences it is limited to 10 acres.|
Line 2 -Prior Year Qualifying Tax Amount for Special Tax Refund Amount
Use this amount for the Special Property Tax Refund on schedule 1 of form M1PR:This line represents the qualifying tax amount for homestead property from the previous year. It is used when filing for the M1PR special refund on properties that have experienced a large increase in taxes from one year to the next.
|Line 3 - Property Tax before Credits||
Your Property Tax Before Credits: This is the total of the tax before the deduction of:
Agricultural and Rural Land Credits shown on line 4A and other credits to reduce your property tax shown on line 4B
|Line 4 - Credits that reduce Property Taxes||Credits paid by the state of Minnesota to reduce your property tax.
4A: Agricultural & Rural Land Credits (Aggregate of the agricultural market value credit & school bond credit)
4B: Other Credits (Total Amount of other miscellaneous credits)
The miscellaneous credits include: disaster, powerline, ag preserve, conservation, supplemental homestead, disparity reduction, and the bovine tuberculosis.
|Line 5 - Property Tax after Credits||The net tax payable, after reduction for credits. This includes net tax capacity-based taxes and market value-based taxes, but does NOT include any special assessments. This amount should equal line3 minus lines 4A and 4B.|
|Line 6 - County Portion||County:
A. The county's portion of the property tax
B. Regional Rail Authority tax or Lake Improvement District tax if applicable.
|Line 7 - City or Town Portion||City or Town portion: This lists the portion of the tax certified by the city or township to be collected as property tax.|
|Line 8 - State General Tax||State General Tax: This would list any State General Tax levied on Commercial, Industrial or Seasonal property.|
|Line 9 - School District Portion||School District: This lists the portion of the taxes to be collected for the school district.
Line 9A shows the amount approved by voters at a general election.
Line 9B lists the amount raised by other local school levies.
|Line 10 - Special Taxing District||Special Taxing Districts: Shows the share of tax for the special taxing districts
Line 10A is for special taxing districts & Line 10B is for tax increment
|Line 11 - Non-school voter approved referenda levies||Non-School voter approved Referenda levies:
This is the total of the market value based referendum taxes for all taxing districts except school districts.
|Line 12 - Total Tax before Special Assessments||Total Property Tax before Special Assessments:
This is the total of lines 6 - 11 and should be the same as line 5.
|Line 13 - Special Assessments||Special Assessments added to this property tax bill: Special assessments are broken down by each assessment, ex: Solid Waste, Ditch, Sidewalk & street, Sewer, Fire Department and Ambulance.|
|Line 14 - Total Tax and Assessment||Your Total Property Tax and Special Assessments: This is the total property tax payable including special assessments. Starting in 2011, if this total is $100.00 or less, the total amount is due on May 15. (For Mobile Homes, if the toal is $50.00 or less, the total amount is due on August 31.)|