About Your Property Tax Statement
Property Tax Breakdown
- Est. Market Value - reflects the assessor's determination of value indicating the usual selling price on the open market at the time of assessment. The assessment date is January 2 each year.
- Homestead Market Value Exclusion – Applies to residential homesteads and to the house, garage, and one acre of land on agricultural homesteads. The exclusion is a maximum of $30,400 at $76,000 of market value, and then decreases by nine percent for value over $76,000. The exclusion phases out for properties valued at $413,800 or more.
- Taxable Market Value – property value for the tax year reduced by applicable limitations, exclusions, exemptions and deferrals.
- Property Class – the statutory property classification that has been assigned to your property based on its use.
- PIN – property identification number.
- M-1PR – The State of Minnesota provides two types of property tax refunds. For more information, go to the Minnesota Department of Revenue Web site.
- Other Credits – Line 4A includes the Agricultural Homestead Credit, as well as the School Building Bond Credit. The Agricultural Homestead Credit provides for a maximum credit of $490 at a taxable market value of 260,000 (excluding the house, garage, and surrounding one acre of land). The School Building Bond Credit applies to all property classified as 2a (agricultural land), 2b (rural vacant land), and 2c (managed forest land), excluding the house, garage, and surrounding one acre of land. The credit is 70% of the tax on the property attributable to school district-bonded levies. Line 4B reports the Agricultural Preserve credit applied to qualifying metropolitan properties in long-term agricultural use.
- County – this reflects Anoka County's portion of the tax statement. Line 6 and 7 (County/municipal Public Safety System) are the only amounts set directly by the county. It's important to remember we also collect tax dollars ON BEHALF of other jurisdictions and taxing districts like your city and school.
- County/Municipal Public Safety System – an ad valorem tax first imposed in 2003 to improve technology County-wide in order to enhance public safety.
- City or town – Anoka County collects taxes on behalf of your city or town.
- Voter Approved Levies – levies and debt obligations approved by voters in that school district.
- Other Local Levies – school levies for community services and debt obligations, not voter approved.
- Other Special Taxing Districts – Includes Housing and Redevelopment Authorities (HRA), Port Authorities, hospital districts and water management districts. Not all areas have each of these districts.
- Special Assessments – charges to benefiting property owners for city/township provided improvements such as road paving, sewer installation, etc.
- Solid Waste Management Charge – A charge levied against all improved properties in the county, revenues from which are used to protect our public health, land, air and water through waste-to-energy conversion, extensive recycling efforts, household hazardous waste collection, yard waste composting, public information and waste reduction.
- Contamination Tax – a tax placed on parcels where the State has determined the ground is contaminated, revenues from which are used for decontamination.
- Proposed Property Tax – this amount does not include any special assessments.
- Total Property Tax and Special Assessments – This is the total amount payable in 2023. As a reminder, this is not the amount levied by Anoka County. The county's portion only consists of lines 6 and 7. We also collect taxes and assessments on behalf of other jurisdictions and taxing districts like your city and school.