Property taxes poised to push up rents in Minn. When state officials changed the property tax law this year, one effect was to push the tax burden away from low-value homes and onto other types of property, including apartment buildings. That's likely to drive rents up in 2012.October 18, 2011
Minneapolis property taxes rising only slightly If you own a median value home in Minneapolis -- one worth a little over $180,000 -- it looks like your property tax is going up next year but only about 1 percent. That's a tax increase of $34.October 14, 2011
St. Paul property tax burden shifts west If you own a typical home in the western third of St. Paul, it looks like your property taxes are headed up. But typical homeowners in Frogtown, Downtown or neighborhoods east of there can expect a property tax break next year.October 14, 2011
Legislators work to restore homestead credit Responding to frustrated homeowners who are angry over the elimination of a longtime tax break, two DFL legislators say they plan to restore the market value homestead credit.September 14, 2011
Minneapolis police pension fund OKs merger Members of the Minneapolis police pension fund voted overwhelmingly Tuesday to merge with a state pension fund, in a move that will save city taxpayers millions of dollars a year.September 13, 2011
Market value credit could disappear, raise property taxes When Gov. Mark Dayton and legislative leaders struck a budget deal last month, lots of attention was paid to the $200 million cut to Local Government Aid, what the state had promised cities to help with their local budgets.
Another change got less attention. But the elimination of the Market Value Homestead Credit could have an even bigger impact on your property taxes.August 15, 2011
Minn. cities bracing for higher interest rates Minnesota cities already struggling to deal with large cuts in state aid now face the possibility of increased borrowing costs because of the downgrade in the federal government's credit rating.August 8, 2011