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Meeting #1 SR 02-05-2001
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Meeting #1 SR 02-05-2001
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Class <br /> <br /> MINNESOTA CLASSIFICATION LAW <br />REAL PROPERTY: TAXES PAYABLE - 2001 <br /> <br />Description <br /> <br />Rate <br /> <br />la <br /> <br />Residential homestead <br /> first $76,000 <br /> over $76,000 <br /> <br />1.00% <br />1.65% <br /> <br />lb <br /> <br />Blind/Paraplegic Veteran/Disabled homestead <br /> agricultural: <br /> first $32,000 <br /> nonagricultural: <br /> first $32,000 <br /> <br />0.45% <br />0.45% <br /> <br />1 c Commercial seasonal - recreational residential - under 250 days and includes homestead 1.00% <br />1 d Migrant Housing (Structures only) <br /> first $76,000 1.00% <br /> over $76,000 1.65% <br />2a Agricultural ho~nestead <br /> House, Garage, One Acre: <br /> first $76,000 1.00% <br /> over $76,000 1.65% <br /> <br />Remainder of Farm: <br />first $115,000 0.35% <br />$115,000 - $600,000 0.80% <br />over $600,000 1.20% <br /> <br />2b Timberlands 1.20% <br /> <br />Nonhomestead agricultural land <br /> <br />1.20% <br /> <br />ga <br /> <br />ga <br /> <br />Commercial-Industrial and public utility <br /> first $150,000 <br /> over $150,000 <br /> <br />Public utility machinery <br /> <br />Real properly owned in fee by a utility for transmission line right-of-way <br /> <br />Transit Zone <br /> first $150,000 <br /> over $150,000'** <br /> <br />2.40% <br />3.40% <br /> <br />3.40% <br /> <br />3.40% <br /> <br />2.40% <br />2.975% <br /> <br />3b <br /> <br />Employment property <br />competitive city or zone: <br /> first $150,000 <br /> over $150,000 <br />border city: <br /> first $150,000 <br /> over $150,000 <br /> <br />2.40% <br />3.40% <br /> <br />2.40% <br />3.40% <br /> <br />3b <br /> <br />Employment property <br />competitive city or zone: <br /> first $150,000 <br /> over $150,000 <br />border city: <br /> first $150,000 <br /> over $150,000 <br /> <br />2.40% <br />3.40% <br /> <br />2.40% <br />3.40% <br /> <br />Ehlers and Associates - How to Calculate TIF <br /> <br /> <br />
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