Minnesota Taxes Expected To Go Up 13 Nov 13

Officials with the Minnesota Department of Revenue say most Minnesotans will be paying more in property taxes next year.  The state revenue department has released a preliminary estimate of overall property tax levies that were released by local governments and school districts across the state.  There is an expected increase of 2.1% on property taxes within the state’s cities and townships, a 1.5% bump in county taxes, and 2.6% more tax dollars being collected by Minnesota school districts.  Revenue Commissioner Myron Frans says the official tallies aren’t expected until February, and he believes some of the initial numbers will drop after local officials hold their public tax hearings next month.