This site provides information for taxpayers of Independent School District 912 – Milaca, regarding how the district’s proposed referendum may affect property taxes. If you have questions about information provided here, please contact Ehlers, the district’s independent Municipal Advisor, using the information provided below.
The district will hold a special election on Tuesday, November 5, 2019 seeking voter approval of two ballot questions.
QUESTION 1 would authorize the district to increase the School District’s general education revenue by $250.95 per pupil, subject to an annual increase at the rate of inflation. The proposed new referendum revenue authorization would be first levied in 2019 for taxes payable in 2020 and applicable for 10 years unless otherwise revoked or reduced as provided by law.
QUESTION 2 would authorize the district to issue up to $5,100,000 to provide funds for the acquisition and betterment of school sites and facilities, including career and technical education facility improvements, various required capital maintenance projects inclusive of roofing, pool, windows and security.
For more information on how these funds would be used, return to the District’s website.
Approval of the ballot questions would result in a property tax increase beginning with taxes payable in 2020, and the tax levies for question 1 would remain in place for 10 years and the debt service tax levies for question 2 would remain in place for 15 years. To determine the estimated impact of the proposed ballot questions on your 2020 taxes, follow the instructions below or view sample property types and values here.
Your 2020 taxes will be based on the 2019 Estimated Market Value (EMV), which was provided on the “Notice of Valuation and Classification” mailed by your county in March 2019 (see example). If you don’t have that document available, please contact your county and ask for the 2019 EMV for taxes payable in 2020, or follow the instructions below to look up your 2019 EMV on your county’s website.
Click on the link below, check “I Accept” and then click “Proceed”. Enter your search criteria and push “Search”. On the search results screen, click on your parcel for the most current payable year on the left side of the page. Then click on the “Valuation” tab up top and find the value listed as “Total MKT”. If there are two numbers listed, use the one on the left in the calculator below.
Click on the link below and enter your search criteria. On the search results screen, click on your parcel id on the left. Then scroll down the page to the section titled “Valuation”, and find the “EMV (Estimated Market Value) Total” in the most recent payable year column. Use this number in the tax calculator below.
Click on the link below and click “Agree” on the pop-up. Enter your search criteria and click on your parcel from the search results on the left-hand side of your screen. Then scroll down to the section titled “Valuation” and find the most recent “Estimated Market Value”. Use that number in the calculator below.
Click on the link below and select “Agree” in the pop-up. Enter your search criteria and click “Search”. On the search results screen, click on the parcel number for your property located on the left-hand side of the screen. Then scroll to the “Valuation” section and find the value listed as “Estimated Market Value” for the most current assessment year and use that amount in the calculator below.
Click on the link below, enter your search criteria, and on the search results screen, click on your property’s parcel number in the right-hand column. Scroll down to the “Tax Statements & Links” section highlighted in green on the right hand side and click to see your most recent tax statement. Use the “Estimated Market Value” listed for the most current year in the calculator below.
This property tax credit originally took effect with property taxes payable in 2018. For taxes payable in 2020, the credit reduces taxes for owners of agricultural property in an amount equivalent to 50% 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. For taxes payable in 2018 and 2019, the credit was equivalent to 40%. The State is phasing in an increase to the credit, it will be 55% for taxes payable in 2021, 60% for taxes payable in 2022, and for taxes payable 2023 and later the credit will be 70%. 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 adjusted gross income is less than approximately $113,150, 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: