This site provides information for taxpayers of Independent School District 2580 – East Central, regarding how the district’s proposed 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.
The district will hold a special election on Tuesday, August 9, 2022 seeking voter approval of one ballot question.
QUESTION 1 would authorize the district to issue up to $4,145,000 for acquisition and betterment of school sites and facilities including the construction and installation of new roofing systems at the school building and bus garage; the acquisition and installation of replacement boilers and a new chiller plant cooling tower; and the completion of various deferred maintenance projects at school sites and facilities.
For more information on how these funds would be used, view the District’s referendum website.
Approval of the ballot question will not result in a property tax increase compared to the prior year debt levy taxes because of the district’s long term capital plan. In 2017, the district was awarded reimbursement aid from the state to reduce future levies, as a result of interest paid to the state under a prior program. By wrapping this debt around the existing debt of the district and using the additional aid to reduce debt levies, the tax impact is consistent with the prior year. This new debt will be paid in full after a term of 10 years. In each of these years, the debt levy is scheduled to decrease, compared to the prior year. To determine the estimated impact of the proposed ballot question on your 2023 taxes, follow the instructions below or view sample property types and values here.
Your 2023 taxes will be based on the 2022 Estimated Market Value (EMV), which was provided on the “Notice of Valuation and Classification” mailed by your county in March. You can review the current value for taxes payable in 2022 using that “Notice of Valuation and Classification,” contact your county and ask for the 2022 EMV for taxes payable in 2023, or follow the instructions below to look up your 2022 EMV on your county’s website.
Click on the link below, select Minnesota and your county in the drop down boxes and click, “Property Search.” Click, “Agree” on the pop up if one shows up. Enter your search criteria and select your parcel from the results screen. Scroll down to the section labeled, “Valuation” and use the “Estimated Market Value” for the 2022 assessment year in the calculator below.
Click on the link below, check the box stating, “I agree to the above terms and conditions” and push, “OK.” Enter your search criteria. Once you located your parcel, select to view, “tax and sales.”. Use the, “Estimated Total Value” listed for the 2022 assessment year in the calculator below.
Click on the link below, select Minnesota and your county in the drop down boxes and click, “Property Search.” Click, “Agree” on the pop up if one shows up. Enter your search criteria and select your parcel from the results screen. Scroll down to the section labeled, “Valuation” and use the “Estimated Market Value” for the 2022 assessment year in the calculator below.
Kanabec County Property Search
This property tax credit originally took effect with property taxes payable in 2018. For taxes payable in 2023 and later, the 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.
If your household income is less than approximately $119,790, 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.
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.
To determine eligibility and refund amounts, complete Minnesota tax form M1PR.
If you are 65 years or older and have a household income of $60,000 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: