The elimination of Minnesota’s Homestead Residential Market Value Credit next year will cause property taxes in Sibley County communities to rise by as much as 15%. The tax credit was cut as part of the budget deficit compromise that ended the state government shutdown this summer. The Sibley County Board recently approved a 0% increase on the county’s property tax levy for 2012, but the loss of the homestead credit means that Sibley County cities will pay a larger tax share. Gaylord, Gibbon and Arlington will all see increases of more than 14%. New Auburn residents will see a more-than 13% tax increase, Winthrop more-than 11%, and Henderson and Green Isle residents a more-than 8% increase. Sibley County townships will see tax hikes ranging from a more-than 2% increase to over 6%.
Sibley County Tax Hikes Coming



