Skip to Content Skip to Utility Links Skip to Search Skip to Main Navigation Skip to Tax Information Skip to Quick StartSkip to e-Services
|
|
||||||||||||||
|
||||||||||||||
|
Appealing the Value or Classification of Your Property Property Tax Fact Sheet 1
This fact sheet is also available in Spanish in a printer-friendly version. Each spring your county sends you a property tax bill. Three factors that affect your tax bill are:
Estimated market value Estimated market value is the amount the assessor estimates a buyer would pay for your property if it were offered for sale. Each year the assessor reviews the market valuation of your property to determine if changes in the real estate market or improvements to your property require a change in the estimated market value. Classification and class rates All property is classified by the assessor according to its use. Each class of property (home, apartment, cabin, farm, business) is taxed at a different percentage of its value. This percentage, or class rate, is determined by the state legislature. Like market value, the class rate of your property plays a significant role in how much property tax you pay. Valuation and classification notice Each spring, the assessor will mail you a Notice of Valuation and Classification informing you of the value and classification of your property. If you believe the classification or the estimated market value of your property is incorrect, you have several appeal options. The first step is to do some research. Do your research Begin by contacting the assessor’s office.
You have the right to appeal your market value estimate and/or property classification if you feel your property is:
Formal Appeal Methods You can appeal to your local and county Boards of Appeal and Equalization or you can take your appeal directly to the Minnesota Tax Court. Or you can choose both options, in which case begin with the Local Board of Appeal and Equalization. Local Board of Appeal and Equalization If you choose to appeal to your boards of appeal and equalization, first meet with your Local (city or town) Board of Appeal and Equalization. These are usually the same people as your city or town council. The board meets on a specified day in April or May. The exact date is listed on your Notice of Valuation and Classification. We strongly recommend that you call or write your city or town clerk to schedule your appearance. You may make your appeal in person, by letter, or have someone else appear for you. The assessor will be present to answer questions. You must present your case to the city or town board before going to the County Board of Appeal and Equalization. Cities and towns have the option of transferring their board powers to the County Board of Appeal and Equalization. If your municipality has elected to do this, your Notice of Valuation and Classification will direct you to begin your appeal at the county level. County Board of Appeal and Equalization If you are not satisfied with the decision of the city or town board or if your city or town has transferred their powers to the county, you may appeal to the County Board of Appeal and Equalization. This board meets in June. The exact date is listed on your Notice of Valuation and Classification. The members are usually the county board of commissioners or their appointees. We strongly recommend that you call or write your county auditor or assessor to schedule your appearance before the board. You may make your appeal in person, by letter, or have someone else appear for you. The assessor will be present to answer questions. If you are not satisfied with the decision of the County Board of Appeal and Equalization, you may appeal to the Minnesota Tax Court. Minnesota Tax Court You have until April 30 of the year the tax becomes payable to appeal your assessment to the Minnesota Tax Court. In other words, you must appeal your 2005 valuation and classification on or before April 30, 2006. The Tax Court has two divisions:
Minnesota Judicial Center Suite 245 25 Reverend Dr. Martin Luther King, Jr. Boulevard St. Paul, MN 55115 (651) 296-2806 http://www.taxcourt.state.mn.us See the “Preparing an Appeal to Your Local and County Boards of Appeal and Equalization” fact sheet for information on making an appeal to your local or county board. Revised: July 15, 2004 |
|||||
| |||