This site provides information for taxpayers of Independent School District 487 – Upsala, 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, May 11, 2021 seeking voter approval of one ballot question.
QUESTION 1 would authorize the district to issue an amount not to exceed $7,275,000 in bonds to provide funds for the acquisition and betterment of school sites and facilities, including the construction of secure entrances and security and safety improvements, the construction, remodeling and equipping of an early childhood classroom, elementary classrooms, a career technical education classroom, administrative offices and fitness classroom facilities, upgrades to accessibility, HVAC, electrical systems and roofing, the construction, remodeling and equipping of a bus/vehicle/equipment garage, and the construction and equipping of a grandstand, press box and concession areas.
For more information on how these funds would be used, return to the District’s website.
Approval of the ballot question would result in a property tax increase beginning with taxes payable in 2022, and your taxes would remain at the higher level for 6 years, after which time bond payments on the district’s existing and new debt would decline, for the remaining 14 years that the bonds are outstanding. To determine the estimated impact of the proposed ballot questions on your 2022 taxes, follow the instructions below or view sample property types and values here.
Your 2022 taxes will be based on the 2021 Estimated Market Value (EMV), which will be provided on the “Notice of Valuation and Classification” mailed by your county in March 2021 (the example shows 2020). Because the county has not yet published your value for taxes payable 2022, you can review the current value for taxes payable in 2021 using the “Notice of Valuation and Classification” that was mailed by your county in March 2020, your current tax statement, contact your county and ask for the 2020 EMV for taxes payable in 2021, or follow the instructions below to look up your 2020 EMV on your county’s website. Please note there may be a change assessed by the county that would be reflected on the next year’s valuation.
Click on the link below, under the search tab, enter in your search criteria. On the search results screen, click on your parcel number. Scroll down to the “Valuation” section and use the value listed as “EMV (Estimated Market Value) Total” for the most current year in the calculator below.
Click on the link below, select “Accept” in the pop-up window and enter in your search criteria and click “Go” using the search icon on the left. Once you have your correct parcel, click on the “Documents” button located at the bottom of the map. On the pop-up, click on the “Taxation & Valuation” tab, click the plus sign next to valuation and use the value listed under, “Total EMV” for the most current year in the calculator below.
Click on the link below, select “I Accept” and click “Proceed.” Enter your search criteria, on the search results screen, select your parcel. Make sure to select the one labeled with the current payable year listed in the “Year” column. Click on the “Value Information” tab and use the values listed as, “Total MKT” in the calculator below. Use the number furthest left if they are different.
If you own a RESIDENTIAL HOMESTEAD property, enter the Estimated Market Value below to see the estimated tax impact
If you own COMMERCIAL/INDUSTRIAL property, enter the Estimated Market Value below to see the estimated tax impact.
If you own seasonal or recreational property, enter the Estimated Market Value to see the potential tax impact.
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 up to 10 property IDs by clicking the “+” button at the end of each row. For more than 10 properties, please contact Ehlers.
If you have any questions, please call Ehlers at 1-800-552-1171 and ask to speak with a member of our Education Team.
This property tax credit originally took effect with property taxes payable in 2018. For taxes payable in 2022, the credit reduces taxes for owners of agricultural property in an amount equivalent to 60% 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%. Current law provides for a phased-in increase to the credit: 50% for taxes payable in 2020, 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 household income is less than approximately $116,180, 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: