Frequently Asked Questions
Below you will find information that might help you understand how to find things or learn about information you might need to know about your city or town.
Property Tax Information
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Property Tax Information
Property taxes do not have a set rate like income or sales taxes. With property taxes, taxing jurisdictions determine the dollar amount to raise from property taxes. This is called the “levy.” The levy is divided by the total value of the property in the taxing jurisdiction, the “tax base,” to arrive at a tax rate. The tax rate is multiplied by the value of each individual parcel to determine each parcel’s share of property taxes.
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Property Tax Information
A value increase does not correlate directly to an increase in property tax. Property value is only one factor that is used to determine the portion of property tax each property owner pays.
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Property Tax Information
Increases in values do not generate more tax revenue. Only an official action by a taxing authority to increase the tax levy will increase the total amount collected and only the amount levied can be collected.
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Property Tax Information
Call 651-430-6175 to talk to an assessor.
Additional information on Assessing and Values
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Property Tax Information
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Property Tax Information
The Homestead Market Value Exclusion is increased starting with taxes payable in 2025. The market value exclusion reduces the taxable market value of homestead property. The exclusion decreases as the value increases and the exclusion increases as the value decreases.
This document provides more information on the change and the impacts of the change.