14 Reasons Property Taxes Can Go Up or Down
This video, 14 REASONS PROPERTY TAXES CAN GO UP OR DOWN, was produced jointly by the League of Minnesota Cities, Association of Minnesota Counties and the Minnesota School Boards Association in 2006. It explains the different factors that can affect your property taxes and is part of a joint local government effort to educate citizens about Minnesota's property tax system. While some of the details have changed a bit in the six years since its creation, the basic information in the video about how taxes are affected by a multitude of factors remains unchanged. In fact, Minnesota may have the most complicated property tax system in the nation, with more than 20 classifications of residential, commercial, agricultural and recreational properties. Some decisions affecting your property taxes are made by voters locally, some are made at the Capitol in St. Paul, and some are made in Washington, D.C.
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