Your Tax Statement
About the 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).
Tax Statement Inclusions
This information appears in the box in the upper right corner of the statement. Real and personal property tax statements must list, for both current and prior year:
- All property classes
- Estimated market value
- Improvements excluded
- New improvements or expired exclusions
- Taxable market value
Tax Statement Information
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: Use this amount on Form M1PR to see if you are eligible for a Property Tax Refund. This line represents the qualifying tax amount to be used when filing for the Property Tax Refund. For farms, it only includes the tax for the house, garage, and 1 acre and for residences and it is limited to 10 acres.
- Line 2: Use this amount for the Special Property Tax Refund on schedule one of form M1PR. This line represents the qualifying tax amount for homestead residential 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 1 year to the next.
- Line 3: Your Property Tax Before Reduction by State Paid Aids and Credits: This is the total of the tax before the deduction of
- state paid aids shown on line 4, Residential homestead and ag credits shown on line 5A, and other credits shown on line 5B.
- Line 4: This line shows the aid paid by the State of Minnesota to reduce your property tax. This is a total of the aids which are paid directly to the local government agency by the state for education aids, disparity reduction aids, homestead and agricultural credit aids, and local government aids.
- Line 5: This line is credits paid by the state of Minnesota to reduce your property tax. These include market value homestead and agricultural credits and other credits such as disaster credit, power line credit, ag preserve, conservation credit, enterprise zone credit.
- Line 6: This line is your property tax after reduction by state paid aids and credits. This is the amount of net tax payable, after credits have been applied, and includes both tax capacity based tax and market value based tax.
- Line 7: This line shows the county's portion of the property tax, and a Regional Rail Authority tax or Lake Improvement District tax, if applicable.
- Line 8: This lists the portion of the tax certified by the city or township to be collected as property tax.
- Line 9: This would list any State General Tax levied on Commercial, Industrial or Seasonal property.
- Line 10: This lists the portion of the taxes to be collected for the school district. Line 10A shows the amount approved by voters at a general election. Line 10B lists the amount raised by other local school levies.
- Line 11: Shows the share of tax for the special taxing districts such as the Housing and Redevelopment Agency (HRA).
- Line 12: This line is for 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 13: This line shows the total property tax before special assessments, which is the total of lines 7 - 12 and should be equal to line 6.
- Line 14: This line is for any special assessments added to this property tax bill. Special assessments are broken down by each assessment, such as solid waste, ditch, sidewalk and street, sewer, Fire Department, and ambulance.
- Line 15: This line is your total property tax and special assessments.