There are only four states using statewide property taxes to fund their state general fund appropriations – Minnesota is one of them. There’s only one state that taxes commercial and industrial properties exclusively to support the fund – that one state is, of course,...
Not long ago, Minnesota was ranked #2 by U.S. News in their ranking of best states in 2021. We ranked high on infrastructure, opportunity, natural environment and economy, though to be fair, the publication did not rank winter weather when it assessed states....
In the first two parts of this three-part series on whether Minnesota commercial property owners can expect property tax hikes, we looked at the economic pressures on both local governments and property owners. If you want to catch up, here are links to Part I and...