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ABOUT YOUR PROPERTY TAX BILL Your city or town and your school district pay for the ser- vices they provide to you with the property taxes they col- lect from you and with state aid dollars they receive from the State of Minnesota. For 1990, the state is shifting some of its state aid dollars away from cities and towns to school districts. To make up for the reduction in state aid dollars to cities and towns, your city or town has required more property tax dollars. As a result, the city or town portion of your property tax bill for 1990 may be greater than you expected. On the other hand, because the reduction in aid to cities and towns is being balanced by an increase in aid to school districts, your school district has required fewer property tax dollars. As a result, unless your school district held a referen- dum and voters in your school district approved a tax levy increase, the school portion of your property tax bill for 1990 may be lower than it was for 1989. The shift in state aid payments away from cities and towns to school districts is aimed at having the state pay for a larger share of the programs it requires school districts to provide and a smaller share of the services normally provided to pro- perty owners by city and town governments. UNDERSTANDING YOUR PROPERTY TAXES 1) Owner. This is the person who actually owns the land. 2) PIN (Property Identification Number) - This is a twelve digit number used to identify the property's locati~. 3) Taxpayer. This is a person or company responsible for remitting the taxes to the County. For the majority of residents it will be the owner or mortgage company if the monthly payments include an escrow for taxes. 4) Property Class. There are 11 different classes. The class of property affects the amount of tax. The follow- ing are a description of the more common classes: Residential Homestead (RES HSTD) - This is the classification for the primary residence of a single fami- ly, or duplex. Residential Non-Homestead (RES NO-HSD) - This class represents single family dwellings or duplexes that are not the primary residence of the owner (i.e. rental property). Apartment complexes (APARTMENT) - Complexes of one or more units are in this class. Farm Homestead (FARM HSTD) - This is the classification for a principal residence of a single family with agricultural land. Farm Non-Homestead (FARM N-HSD) - This classification is for agricultural property which is not the primary residence of the owner. Commercial/Industrial (COMM-IND) - Property con- taining buildings used for retailing and manufacturing are in this class. Vacant Land (VAC-LAND) - This class is for land which currently has no buildings on it. 5) New Improvements - This amount is the market value of improvement to the land or buildings made since the last inspection by the County Assessor. It can also be the market value of items of which the assessor was not previously aware. 6) Market Value. This amount is determined by the Ci- ty Assessor. It is based on comparisons to other similar properties in the City, the square footage, the various amenities the house or property contains, etc. Each property is assessed at least once every four years. 7) Your Property Tax Before Reduction by State Paid Aids and Credits. This figure represents the total pro- perty taxes the resident would pay if the state did not finance a part of local schools, counties and cities. In Minnesota, the state does not receive any portion of property taxes. The state does use its revenue rais- ing capability to lower property taxes by financing local governments through various credits. 8) Aid Paid by State to Reduce Your Property Tax. This amount represents the portion of a property's tax that is being paid by the state to the local school district, county and city through various aids. 9) Homestead and Agricultural Credit. This is the pro- pety tax relief given to those properties which are registered as homesteads. A homestead is defined as the principal residence of the owner. 10) Your Property Tax After Reduction By State Paid Credits. This is the difference between the first line and the last three. 11) Where Your Property Taxes Go . This shows the breakdown of where the above figure goes. 12) Special Assessments Added to this Tax Bill. Special assessments represent the cost of improvements such as streets, storm drainage, sanitary sewer etc., which are installed by the City with the understanding that the benefitted property owner will repay the City over a number of years. There is interest on this amount charged and is paid yearly also. ANNUAL BOARD OF REVIEW SCHEDULED TO REVIEW PROPERTY VALUATIONS Ramsey's annual Board of Review will be held on Wednes- day, April 4, 1990 at 6:30 p.m. at the Ramsey Municipal Center, 15153 Nowthen Blvd. NW., for the purpose of reviewing and correcting property valuations for 1990. All persons conSidering themselves aggrieved by said valuation, or who wish to complain that property of another is valued too low, are hereby notified to appear at said Board of Review and show cause for having the valuation corrected. No complaint that another person's property is valued too low will be acted upon until the person to be assessed, or his agent, have been notified of such complaint. Note: On the average, property valuations increased 8% from 1989. CROWDS DISCOVER RAMSEY AT THE EXPO '90 The Discover Ramsey Expo '90 was a huge success with 54 exhibitors and more than 1500 attendants. The Ramsey Economic Development Company proudly announes the grand prize winners of the day: G.E. Color TV - Tim Dusbabek; Microwave Oven - Sandy Lewandowski; Boom Box - Paul Wethern. Pictured from left to right: Economic Development Company Secretary (Councilmember) Stephen F. Deluca; Sandy Lewandowski; Economic Development Company President Jack Ippel; Tim Dusbabek; Economic Development Company Board member Jackie Nazzal; and Paul Wethern. ANOKA COUNTY STATEMENT OF PROPERTY TAXES PAYABLE IN 1990 Owner: Typical Ramsey Resident 1 PIN: R30-32-25-14-0101 2 Amount to use in filling out your property tax refund form M-IPR, if eligible. If this box is checked, you owe delinquent taxes Taxpayer: %TCF 3 801 Marquette Avenue Minneapolis, MN 55402 YOUR PROPERTY TAX Property Class: New Improvements: Market Value: Your property tax before reduction by state paid aids and credits Aid paid by state to reduce your property tax Homestead and agricultural credit Other credits that reduce your tax Your property tax after reduction by state paid credits WHERE YOUR PROPERTY TAX DOLLARS GO County City or town School District Special taxing districts Total property taxes before special assessments Special assessments added to this tax bill Your total property tax and special assessments Pay this amount no later than May 15, 1990 Donald C. Bailey, Anoka County Treasurer 325 East Main Street, Anoka, MN 55303 721.24 o Owner/Contract Purchaser: Typical R~sey Resident 15153 Nowthen Blvd. N.W. Ramsey, MN 55303 119891 4 RESHSTD 5 6 71,800 IiliII RES HSID 72,800 7 3,019.28 8 1,538.30 9 725.00 -0- 10 755.98 11 2,781.47 1,320.40 739.83 -0- 721.24 219.93 111.81 412.06 12.18 223.84 117.90 371.65 7.85 12 755.98 25.96 721.24 22.84 781.94 744.08 372.04 Pay this amount no later than October 15, 1990 372.04 ~~~~-~~-;;~~;_~~_~_mmnm__n;:~~n_~-:~::---;:~~-~----_m2mmmT;;;;;-~-~~;-:;~~___m__mmm_;~:;_;~~-~~~-_;:~~~m_____-1---- Return this stub with payment Payable 1990 IReturn this stub with payment Payable 1990 TO A VOID PENALTY. PA Y ON OR BEFORE OCT 15 ITO A VOID PENALTY. PAY ON OR BEFORE MAY 15 PU:ASE INCllJDE PIN NUMBER ON CHECK 2 I PlEASE INCLUDE PIN NUMBER ON CHECK 2 R30-32-25-14-0101 I R30-32-25-14-0101 Make checks payable to: Donald C. Bailey I Make checks payable to: Donald C. Bailey Anoka County Treasurer I Anoka County Treasurer 325 E. Main S1. Anoka MN 55303 I 325 E. Main St. Anoka MN 55303 PAY THIS AMOUNT I TAXPAYER-AGENT PAY THIS AMOUNT $372.04 I 3 $372.04 I %TCF I 801 Marquette Avenue I Minneaoolis MN 55402 I INDICATE ADDRESS CORRECTIONS ON BACK T AXPA YER-AGENT %TCF 3 801 Marquette Avenue Minneavolis MN 55402 INDICATE ADDRESS CORRECfIONS ON BACK ANOKA COUNTY PAYABLE 1990 STATE PAID PROPERTY TAX REFUND INFORMATION PIN: R30-32-25-14-0101 2 Market Value: 72,800 6 New Construction Value: --- 5 Property Class: RES HSID 4 Amount to use in filling out your property tax refund form M-IPR, if eligible. If this box is checked, you owe delinquent taxes Owner: Typical Ramsey Resident 15153 Nowthen Blvd. N.W. Ramsey, MN 55303 1 Taxpayer: %TCF 801 Marquette Avenue Minneapolis, MN 55402 3 721.24 D Detach this stub and include it with your M-IPR Form when applying for a refund