2011_0718_packet - Laserfiche WebLink

Home

Page 2 of 5 37 1 the market value of the property as determined under section 273.1 I, and used for 38 computing property taxes payable in the following year and for taxes payable in the current 39 year as each appears in the records of the county assessor on November I of the current year, 4O arid, in the case of residential property, whether the property is classified as homestead or 41 nonh.omestead. The notice must clearly inform taxpayers of the years to which the market 4 values apply and that the values are final values; 43 the items listed below, shown separately by county, city or town, and state general tax, net 44 of the residential and agricultural cultural homestead credit under section 273.1384 voter approved 45 school levy, other local school levy, and the sum of the special taxing districts, and as a total of 4 all taxing authorities: 47 (i) the actual tax for taxes payable in the current year; and 48 (ii) the proposed tax amount. 49 If the county levy under clause (2) includes an amount for a lake improvement district as 50 defined under sections 103B.501 to 103B.581, the amount attributable for that purpose must 51 be separately stated from the remaining county levy amount. 52 Ire. the case of a town or the state general tax, the final tax shall also be its proposed tax unless 53 the town changes its levy at a special town meeting under section. 365.52. If a school district 54 has certified under section. 126C. 1 , subdivision E that a referendum will be held in the school 55 district at the November general election., the county auditor must note next to the school 56 district's proposed amount that a referendum is pen.din. g and that, if approved by the voters, the 57 tax amount may be higher than shown on the notice. In. the case of the city of Minneapolis, the 58 levy for Minneapolis Part and Recreation shall be listed separately from the remaining amount 59 of the city's levy. In. the case of the city of St. Paul, the levy for the St. Paul Library Agency 0 must be listed separately from the remainin. g amount of the city's levy. In. the case of Ramsey 1 County, any amount levied under section. 134.07 may be listed separately from the remainin. amount of the county's levy. In. the case of a parcel where tax increment or the fiscal disparities 3 arcawidc tax under chapter 276A or 473E applies, the proposed tax levy on the captured value 4 or the proposed tax levy on the tax capacity subject to the arcawidc tax must each be stated 5 separately and not included in the sum of the special taxing districts; and (3) the increase or decrease between the total taxes payable in the current year and the total 7 proposed taxes, expressed as a percentage. 8 For purposes of this section., the amount of the tax on homesteads qualifying under the senior citizens' property tax deferral program under chapter 290B is the total amount of property tax. 70 before subtraction of the deferred property tax amount. 71 (e) The notice must clearly state that the proposed or final taxes do not include the following: 72 (1) special assessments;