Understanding Your Property Taxes
- Property Taxation 101 (PDF): Describes the basics of Minnesota’s property tax system.
- Property Tax Statement 101 (PDF): Explains the basics of the residential property tax system by reviewing each section of the property tax statement.
- Market Value Exclusion 101 (PDF): Outlines the program that replaced the Market Value Homestead Credit.
Property Tax Relief
- State Homeowner Property Tax Relief Programs 101: There are three property tax relief programs aimed at homeowners offered by the State of Minnesota:
- Homeowner’s Homestead Credit Refund Program “Circuit Breaker”: Eligibility is determined by comparing a homeowner’s property taxes to household income. The program works by refunding a portion of the property taxes that exceed a certain percentage of household income (the threshold percentage).
- Targeting Property Tax Refund: The Targeting Property Tax Refund, also known as the Special Homeowner’s Homestead Credit Refund, directs property tax relief to homeowners who experience a large increase in the amount of property taxes due from one year to the next. This program does not consider a homeowner’s income. Homeowners who are not eligible for the “circuit breaker” refund described above, therefore, may qualify for this targeting refund.
- Senior Citizens Property Tax Deferral Program: The Senior Citizens Property Tax Deferral Program allows qualifying homeowners over age 65 to defer a portion of their property taxes into the future. The goal of the program is to assist older homeowners whose property taxes are high relative to their incomes to stay in their homes.
- Renter’s Property Tax Refund: As a renter, you may qualify for the Renter’s Property Tax Refund. The refund is based on your household income, number of dependents, and how much property tax was paid through rent on your principal residence.
Property Market Values
- Ramsey County property value appeal process: The Ramsey County Assessor’s office can provide information on how your property value was established and the appeal process. Visit their website or call their office at 651-266-2131.
- Ramsey County property tax rates and calculator: This page on Ramsey County’s website contains comparisons of tax rates and taxable net capacity values (by entity), and proposed tax rates for the current year. Also within this webpage is an online tool which calculates the estimated property tax on most property types.
- Fiscal Disparities 101 (PDF): Local government units within the Twin Cities metropolitan area have participated in a property tax base sharing program.
- Minnesota’s Fiscal Disparities Programs (PDF): Provides an overview of the state’s two tax-base sharing programs, providing information on their backgrounds, policy rationales, program mechanics, redistributive effects, and tax burden impacts.
City of North St. Paul Information
City Financial Data: This search function, offered by the Minnesota State Auditor’s Office, allows you to compare how a city ranks versus other cities in the state on a per capita basis in various revenue and expenditure categories.