by lftcrtv | Apr 24, 2017
For the last four and a half decades, the city Local Government Aid (LGA) program has helped cities fund essential services and control property tax levels, but in real (i.e., inflation-adjusted) dollars per capita, city LGA is currently less than half of what it was...
by lftcrtv | Apr 20, 2017
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...
by lftcrtv | Apr 18, 2017
Most of the assistance that Minnesota school districts receive from the state comes in the form of basic general education formula revenue. This revenue establishes a base level of funding for all districts, from which—in theory—basic school operating expenses can be...
by lftcrtv | Apr 17, 2017
In order to incentivize families to save for their children’s college education, Minnesota and other states are exploring income tax credits and deductions for 529 plans. Named after section 529 of the Internal Revenue Code, these investment vehicles were designed to...
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