This site provides information for taxpayers of Independent School District 14, Fridley Public Schools, regarding how the district’s proposed operating referendum and school building bond 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.
About the Referendum
The school board of Independent School District No. 14 (Fridley Public Schools) will hold a operating levy and school building bond referendum on November 5, 2024, asking voters to approve two questions.
Question 1 would authorize the District increase its general education revenue by $424 per pupil, subject to an annual increase at the rate of inflation. The proposed new referendum revenue authorization would be first levied in 2024 for taxes payable in 2025 and applicable for ten (10) years unless otherwise revoked or reduced as provided by law.
Question 2 would authorize the District to issue general obligation school building bonds in an amount not to exceed $30,000,000 for acquisition and betterment of school sites and facilities including the construction, acquisition and installation of safety and security improvements at all school district facilities; the completion of various deferred maintenance and infrastructure projects at school district sites and facilities, including mechanical and HVAC improvements, roof repairs, window replacement, exterior masonry, and flooring repair and improvements; the acquisition and installation of furniture at sites and facilities district-wide; renovations and updates to restrooms; and the construction and installation of various site improvements district-wide.
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(s) would result in a property tax increase beginning with taxes payable in 2025. The operating revenue tax levy would remain in place for 10 years. The payment on the new bonds will result in a tax rate estimated to be level with taxes payable in 2024, for the District’s existing capital and debt levies and the tax levies would remain in place for 20 years. To determine the estimated impact of the proposed ballot question on your 2025 taxes, follow the instructions below or view sample property types and values here.
Your 2025 taxes will be based on the 2024 Estimated Market Value (EMV), which was provided on the “Notice of Valuation and Classification” mailed by your county in March 2024.
Click on the link below, click “Agree” on the disclaimer and enter the search type (parcel ID or address). Select your parcel from the results screen. In the “Reports” section on the right, select “Notice of Valuation” and then click “Go” to view. Your payable 2025 valuation notice will pop up (must allow pop-ups to see this screen). Use the value listed in the gray “Step 1” box as “Estimated Market value” in the 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 Single Unit
If you own a RESIDENTIAL NON-HOMESTEAD SINGLE UNIT 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.
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 $135,410, 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 $135,410
- Refund is on a sliding scale, based on your income and your total property tax burden
- The maximum refund is $3,310
- Also available to renters
- To determine eligibility and refund amounts, complete Minnesota tax form M1PR
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.
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
The 2023 Legislature modified the requirements of this program by increasing the household income limit to $96,000. This new income limit is in effect for taxes payable in 2024 and later years.