Despite promises by Governor Dayton and Democrats that Minnesotan’s property taxes would be lowered, a new report confirms that they are actually rising at an accelerating pace.
A non-partisan analysis by MN House Research shows that statewide property tax levies are projected to rise by $238 million in 2015. Residential homeowners can expect a 3.8% increase statewide, and agricultural property is expected to jump 4.7%. Overall property tax increases are projected to rise by 3.3% in Greater Minnesota and 2.4% in the Metro Area.
Senate Republican Leader David Hann responded, “The next time you hear Governor Dayton and the Democrats say property taxes are going down, don’t believe their election year rhetoric. For the second year in a row, property taxes are going up. If the governor really wanted to make home ownership more affordable for people, then he shouldn’t have raised taxes on Minnesota families by $2 billion.”