2012 Truth In Taxation
"Truth in Taxation" property tax statements are mailed by Hennepin County to property owners indicating the maximum amount of property taxes that the owner will be required to pay. These statements also indicate when the Truth in Taxation public hearings will be held, which is in early December as required by State law.
What will happen if I go to the Truth in Taxation meeting?
Elected officials for the county, city, and school district are responsible for conducting their meeting. The chair of each meeting offers individuals an opportunity to speak to or ask general or specific questions about the proposed tax amounts.
The purpose is to have an open forum to gather taxpayers input on the spending portion of the budget and discuss the necessity and service levels of the various programs they fund.
- The elected officials at the meetings do not have access to your individual property tax information, so this would not be the forum to ask questions about your property valuation or classification.
- Each local government entity is responsible for their budget and has no control over any other government entity. For example, you need to go to the City of Minneapolis’ Truth in Taxation meeting to discuss and voice your opinion about how the City is spending their money, like the necessity of a new fire truck, not how the University of Minnesota spends their money.
City of Minneapolis and your proposed property tax for 2012
Included with the proposed property tax statement is a one-page document from the City titled “About the City of Minneapolis portion of ‘your proposed property tax for 2012’”(pdf), which gives a brief overview of the proposed 2012 budget and why taxes may be changing for some folks. In addition to the one-pager, we developed an in-depth website that provides more detailed information about the City’s budget and how factors such as the Homestead Market Value Credit, Local Government Aid, and the closed pension funds, impact overall property taxes.”
To view and get a better understanding of your Truth In Taxations Notice click link to Hennepin County
http://www.co.hennepin.mn.us/ property information search
Last updated Dec. 9, 2011