Posts Tagged ‘property tax increases’

One-Sided Reverse Referendum Undermines Local Governance

A movement is again afoot in Minnesota to allow anti-tax voters to create new hurdles to local levy increases. Under the moniker of “taxpayer empowerment,” this initiative would allow voters as few as ten percent of the number voting in the last general election to trigger a referendum to reverse any levy increase in a…

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Sharp Jump in Homeowner Property Taxes

Property taxes paid as a percent of income have declined for the typical Minnesota homeowner since 2007, according to the Minnesota Center for Fiscal Excellence (MCFE), formerly the Minnesota Taxpayers Association. As noted in the previous article in this series, however, this conclusion is not necessarily warranted by the data. Furthermore, if we look at…

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Homeowner Tax Rates Aren’t Necessarily Falling

Local elected officials have argued that property tax increases—including homestead tax increases—combined with declining real per capita local government revenue have fueled the need for an increase in state property tax aids and credits. But not so fast, says the Minnesota Center for Fiscal Excellence (MCFE), formerly the Minnesota Taxpayers Association. The first installment in…

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Aids & Credits Down, Property Taxes Up

Homeowners’ property tax effort is feeble and property tax aids and credits provided by the state of Minnesota are adequate—if not robust—according to a recent article from the Minnesota Center for Fiscal Excellence (MCFE), formerly the Minnesota Taxpayers Association. This conclusion, however, is based on property tax and state aid information that is selectively presented…

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Real City Revenues Drop Over the Decade

Despite significant population growth, the inflation-adjusted revenue of all Minnesota cities has declined by six percent from 2006 to 2015. However, the decline is not spread evenly across all revenue categories. Property taxes climbed significantly over the decade, but not by enough to replace losses in real federal and state aid and other revenue sources.…

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