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Municipal Revenue & Taxation <br /> 1-F State Property Tax Relief Programs <br /> Metro Cities supports state funded property tax relief programs that are paid <br /> directly to homestead property taxpayers such as the circuit breaker and enhanced <br /> targeting for special circumstances and supported the 2013 legislative expansion of <br /> these programs. Metro Cities also supports the state renter's credit program. Metro <br /> Cities supports an analysis of the state's property tax relief programs to determine <br /> their effectiveness and equity in providing property tax relief to individuals and <br /> families across the state. <br /> Metro Cities supports efforts by the MN Department of Revenue to expand <br /> outreach and notification efforts about state property tax relief programs to <br /> homeowners, and notification of these programs to local units of government to help <br /> increase these efforts. Metro Cities also supports legislative modifications to these <br /> programs that make tax relief payments to taxpayers automatic. <br /> Metro Cities supports the use of the Department of Revenue's "Voss" database to <br /> link income and property values, and the consideration of income relative to <br /> property taxes paid in determining eligibility for state property tax relief programs. <br /> Updates to the database should occur in a timely manner and data reviewed <br /> periodically to ensure the database's accuracy and usefulness. <br /> 1-G Property Valuation Limits/Limited Market Value <br /> Metro Cities strongly opposes the use of artificial limits in valuing property at <br /> market for taxation purposes, since such limitations shift tax burdens to other <br /> classes of property and create disparities between properties of equal value. <br /> 1-H Market Value Homestead Exclusion Program <br /> The Market Value Homestead Exclusion Program (MVHE)provides property tax relief <br /> to qualifying homesteads, through reductions in property tax values, which shifts <br /> property taxes within jurisdictions. The MVHE replaced a former Market Value <br /> Homestead Credit Program, which provided credits on local government tax bills to <br /> qualifying properties, with reimbursements provided by the state to local governments. <br /> Metro Cities opposes restoration of the former Market Value Homestead Credit, as <br /> reimbursements to local governments were inconsistent, and encourages further <br /> study of the exclusion program,with input by city officials, to determine the <br /> program's overall efficacy and its effects on local tax bases. <br /> 2017 Legislative Policies 4 <br />