Property Tax Information Site
This site provides information for taxpayers of Independent School District 728, Elk River Area Schools regarding how the District’s proposed bond and capital project levy referendum may affect property taxes. The site was prepared in cooperation with Ehlers, the District’s independent municipal advisor. If you have questions about the information on this site, please contact Ehlers using the information provided below.
Jump to Calculators
About the Referendum
The School Board of Independent School District No. 728, Elk River Area Schools, will hold a referendum on November 3, 2026, asking voters to approve one question.
Question 1 proposes to issue general obligation school building bonds in an amount not to exceed $350,000,000 to provide funds for the acquisition and betterment of school sites and facilities including the construction and equipping of a new high school and early childhood through middle school building in Otsego, Minnesota; the construction and equipping of an education center to serve alternative high school learners and children with disabilities; the construction of safety improvements and secure entrances at school sites and facilities, including at the Zimmerman Middle/High School and Rogers Middle School; the construction and equipping of a classroom addition at the Hassan Elementary School; remodeling and updates to the career and technical education (CTE) spaces in Zimmerman, Elk River and Rogers; repair and renovation projects at school sites and facilities; the acquisition, installation, replacement, support and maintenance of software, educational software, software licenses, computers, improved technology equipment, networks, infrastructure, the costs of technology related personnel and training; the acquisition of curriculum, textbooks and materials; utility services costs and other capital revenue purposes.
In addition, to provide funds for a portion of the project costs and other capital revenue purposes, the School Board is proposing a new capital project levy equal to 5.579% of the District’s net tax capacity. This will raise approximately $9,000,000 for taxes payable in 2027, the first year it is to be levied, and would be authorized for ten (10) years. The estimated total cost of the projects to be funded by the capital project levy authorization is approximately $90,000,000.
For more information on how these funds would be used, return to the District’s website.
Impact on Property Taxes
Approval of the ballot question would result in a property tax change beginning with taxes payable in 2027, and the bonded tax levies would remain in place for 26 years. The proposed capital project levy will raise approximately $9,000,000 for taxes payable in 2027, the first year it is to be levied, and would be authorized for 10 years. To determine the estimated impact of the proposed ballot questions on your 2027 taxes, follow the instructions below or view sample property types and values here.
Your 2027 taxes will be based on the 2026 Estimated Market Value (EMV), which was provided on the “Notice of Valuation and Classification” mailed by your county in March 2026.
Sherburne County
Property Tax Information - (763) 765-4900
Click the link below, enter your search information and select your property from the results list. Scroll to the Valuation section and locate the Total Estimated Value listed under the 2026 Assessment column. Enter this amount into the referendum tax impact calculator below.
Anoka County
Property Tax Information - (763) 323-5400
Click the link below and select “Agree” when the disclaimer appears. (If the disclaimer does not appear, make sure pop-ups are enabled in your browser.) Enter your search criteria and select your parcel from the results screen. In the Reports section on the right side of the screen, choose “Valuation Notice” and click “Go.” Your payable 2027 Valuation Notice will open in a new window. Locate the gray “Step 1” box and use the value shown as the Estimated Market Value when entering information into the calculator below.
Hennepin County
Property Tax Information - (612) 348-3011
Click the link below and scroll to the Online Search section. Select the search method you would like to use and enter the required search criteria to locate your property. Once you have selected your parcel from the search results, click “Current Year Values.” On the property information page, locate the Values and Estimated columns and use the amount listed as Totals in the referendum tax impact calculator below.
If you are using the Property Interactive Map to search for your parcel, locate the Tax Data (Assessed 2026, Payable 2027) section on the results page and use the value listed as Market Value in the calculator below.
Isanti County
Property Tax Information - (763) 689-2752
Click the link below and enter your search criteria, then select your property from the results list. On the property information page, scroll down and open the Property Report (you may need to enable pop-ups in your browser to view the report). Within the Valuation section of the report, locate the EMV (Estimated Market Value) Total listed under 2026 Values and enter that amount into the referendum tax impact calculator below.
Wright County
Property Tax Information - (763) 682-7367
Click the link below and select “Agree” to accept the Terms and Conditions. (If the Terms and Conditions screen does not appear, you may need to enable pop-ups in your browser.) Enter your search criteria and click “Search,” then select your property from the results list. Once the property information page opens, locate the Total Estimated Market Value listed under the 2026 Assessment section and enter that amount into the referendum tax impact calculator below.
Online Calculators: Estimating Tax Impact
Residential Homestead Property
If you own a RESIDENTIAL HOMESTEAD property, enter the Estimated Market Value below to see the estimated tax impact.
Residential Non-Homestead Multi Unit and Apartments
If you own a RESIDENTIAL NON-HOMESTEAD MULTI UNIT AND APARTMENTS property, enter the Estimated Market Value below to see the estimated tax impact
Commercial / Industrial Property
If you own COMMERCIAL/INDUSTRIAL property, enter the Estimated Market Value below to see the estimated tax impact.
Agricultural or Other Property
If you own agricultural or other types of property, please complete the following form and submit it to Ehlers. Once we receive it, an Ehlers representative will contact your county to find the value and classification of your property, calculate the tax impact and contact you via phone or email with the results. Please allow 1-3 days for completion.
PLEASE NOTE: you may enter multiple property IDs by clicking the “+” button at the end of each row.
School Building Bond Agricultural Credit
The property tax credit reduces taxes for owners of agricultural property in an amount equivalent to 70% of the taxes attributable to school district debt service for all agricultural property, except for the house, garage, and one acre. This credit is directly deducted from property taxes owed and applies to debt service levies for all types of existing and future bonds for construction and renovation projects. The credit is paid through an open and standing appropriation, which means that no action by the Legislature is required each year for this credit to be paid from the state general fund. The credit is automatically deducted on the tax statement and is included in the tax impact estimates provided by Ehlers.
Agricultural Property
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If you have any questions regarding your agricultural submission, please call Roxy with our School Finance Team at (651) 697-8584.
There are certain Minnesota Tax Credits and Deferrals that may affect certain property owners' situations. They include:
Minnesota Homestead Credit Refund
If your household income is less than approximately $142,490, you may qualify for the Homestead Credit Refund (also known as the “Circuit Breaker” refund). This program, which has existed since the 1970s, is intended to reduce tax burdens for homeowners with relatively low incomes and relatively high property tax burdens. Some important facts about this program are summarized below.
- Available each year to owners of homestead property
- Applies only to the taxes attributable to the house, garage, and one acre on agricultural homestead property
- Available to all owners of residential homestead and agricultural homestead property with household incomes of less than $142,490
- Refund is on a sliding scale, based on your income and your total property tax burden
- The maximum refund is $3,480
- To determine eligibility and refund amounts, complete Minnesota tax form M1PR
For more information and instructions on obtaining a property tax refund, please visit https://www.revenue.state.mn.us/property-tax-refund.
Special Property Tax Refund
If your total property taxes increase by more than 12 percent and more than $100 from one year to the next, you may qualify for a state refund equal to a portion of the increase. There is no income limit for this refund and the maximum refund is $1,000.
To determine eligibility and refund amounts, complete Minnesota tax form M1PR.
For more information and instructions on obtaining a property tax refund, please visit https://www.revenue.state.mn.us/property-tax-refund.
Senior Citizen Property Tax Deferral
If you are 65 years or older and have a household income of $96,000 or less, you may be eligible to defer a portion of the property taxes on your home, through the Senior Citizen Property Tax Deferral Program. The program:
- Limits the maximum amount of property tax you pay to 3 percent of your total household income
- Provides predictability; the amount of tax you pay will not change for as long as you participate in this program
For more information and instructions on obtaining a property tax refund, please visit https://www.revenue.state.mn.us/property-tax-refund.
Income Taxes
If you itemize deductions for federal income taxes, you may deduct a portion of your property taxes paid.
Starting with your 2024 taxes, renters can claim the Renter’s refundable credit on a Minnesota income tax return. Renters will no longer file a Renter’s Property Tax Refund.