This site provides information for taxpayers of Independent School District 2687 – Howard Lake-Waverly-Winsted, regarding how the district’s proposed operating 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, November 8, 2022 seeking voter approval of two ballot questions.
QUESTION 1 would increase the district’s general education revenue by $555.24 per pupil. A portion of this proposed new authority would replace its existing referendum revenue authorization of $55.24 per pupil, which is scheduled to expire after taxes payable in 2022. The proposed referendum revenue authorization would be applicable for ten years unless otherwise revoked or reduced as provided by law.
QUESTION 2 would increase the district’s general education revenue by an additional $200 per pupil. The proposed referendum revenue authorization would be applicable for ten years unless otherwise revoked or reduced as provided by law.
QUESTION 2 is contingent on the passing of QUESTION 1, meaning it can only pass if QUESTION 1 passes.
For more information on how these funds would be used, view the District’s website.
Approval of the ballot questions would result in a property tax increase beginning with taxes payable in 2023, and the referendum levies would remain in place for 10 years. 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.
NOTE: Agricultural property will pay taxes for the proposed referendum based only on the value of the house, garage and one acre. Seasonal recreational residential property (i.e., cabins) will pay no taxes for the proposed referendum.
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, “2023” in the, “Tax Year” drop down box under the, “Advanced Search” section. Enter your search criteria and select your parcel from the results screen. Click on the blue, “Valuations” tab and then select to view the, “2022 Valuation Notice.” Use the value listed in the, “Step 1” box in the top right labeled, “Estimated Market Value” in the calculator below.
Click on the link below, select your, “Search By” criteria, fill in the needed information and click on, “Search.” Select your parcel from the results screen. Scroll down to the, “Property Information” section in the right column and select to view your, “2023 Valuation Notice.” Use the value listed in the, “Step 1” box in the top right labeled, “Estimated Market Value” in the calculator below.
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: