State tax shift will hit locally
Almost every taxpayer in the state of Minnesota will face increased property taxes next year - even before any tax changes made by counties, cities and school districts - thanks to a tax shift approved by the state legislature in July.
During this year's legislative session, the legislature eliminated a tax break called the Homestead Market Value Credit (HMVC) and replaced it with the Homestead Market Value Exclusion (HMVE).
Are you a newspaper subscriber but you don't have a Digital Access account yet? You can activate your account here: Activate All Access.
You will need your subscription account number and phone number. Not sure if you have an account? Email us at firstname.lastname@example.org and we can help you.