Limited Market Value Report

Transcription

1 Limited Market Value Report 2003 Assessment Year This report is available on the web at Minnesota Department of Revenue Tax Research Division March 1, 2004

2 March 1, 2004 To the members of the Legislature of the State of Minnesota: I am pleased to transmit to you the Limited Market Value Report for taxes payable 2004, undertaken by the Department of Revenue in response to Laws of Minnesota for 1993, Chapter 375, Article 5, Section 42 regarding the market value exclusion under Minnesota Statutes, Section , Subdivision 1a. The report provides summary and municipal tables on the market value limitation exclusion for farm, residential and seasonal recreational residential property. The market value exclusion for this limitation for taxes payable 2004 sums to $34,862,264,559 at the statewide level, or 10.8 percent of the total taxable market value of the limited classes of property. Sincerely, Daniel A. Salomone Commissioner

3 Mandate Information This report on limited market value is mandated by Laws of Minnesota for 1993, Chapter 375, Article 5, Section 42. In response to Minnesota Statutes, Section 3.197, the total cost of this report is $2,600.

4 Executive Summary This report presents information on the limited market value of farm, residential and seasonal recreational residential property for assessment year 2003, taxes payable 2004, as mandated by Laws of Minnesota for 1993, Chapter 375, Article 5, Section 42. The total market value limitation for taxes payable 2004 is $34,862,264,559. This compares to $30,879,740,466 in taxes payable 2003, $20,961,007,763 in taxes payable 2002, $10,573,691,372 in taxes payable 2001, $5,621,821,611 in taxes payable 2000, $3,389,506,961 in taxes payable 1999, $2,529,034,086 in taxes payable 1998, $2,045,660,418 in taxes payable 1997, $1,615,639,650 in taxes payable 1996, $1,047,762,545 in taxes payable 1995, and $669,050,104 in payable The payable 2004 limitation is 10.8 percent of statewide market value of limited property classes. Market Value Limitation, Pay $40 $35 $30 $ $ ($ Billions) $25 $20 $15 $10 $5 $1.048 $1.616 $2.046 $2.529 $3.390 $5.622 $ $ $ Taxes Payable Year

5 Introduction In 1993, the legislature established a limitation on annual increases in the market values of farm, residential, and seasonal recreational residential property, effective for taxes payable The 1993 legislation authorized the limitation to the 1998 assessment year, but in 1994 the legislature set the 1997 assessment year (taxes payable 1998) as the final year. The 1997 legislature extended the limitation to assessment year The 1997 legislature also changed the onethird factor to one-fourth in the alternative method of calculating the limitation. The 1999 legislature changed the 10% limit to 8.5%, and lowered the one-fourth factor to 15%. The 2001 legislature introduced a phase-out plan. The 8.5% limit will rise to 10% in assessment year 2002, 12 % in assessment year 2003, and 15% in assessment years 2004 to The 15% difference factor will rise to 20% in assessment year 2003, 25% in assessment year 2004, 33% in assessment year 2005, and to 50% in assessment year For assessment year 2007, all property will be at full estimated market value. In response to the mandate in Laws of Minnesota for 1993, Chapter 375, Article 5, Section 42 this is the eleventh annual report on the total value excluded from taxation by the limitation law for each property type in each city or township. This report provides in Appendix A the mandated table for taxes payable in 2004 of excluded value by property type for each city or township. The report also summarizes the effects of the limit at the statewide and regional levels, including the change in percentage distribution of the market values of all property types subject to the limit. Cities or townships with the largest percentage reductions under the limit are shown in rank order. The sources of information for the summary are the 2003 fall mini-abstract of assessment and the 2003 final abstract of assessment (reporting taxable market values after the limitation reduction and other property value exclusions). Each county assessor submitted these abstracts to the Department of Revenue. The limitation amounts by type of property were obtained from data listed on the mini-abstract. How Does the Limit Actually Work? The limitation provision in Section , Subd. 1a excludes from taxation any annual increase in the market value of favored property that exceeds the larger of 12 percent of the prior year s taxable market value or 20% of the difference between the current estimated market value and the prior year s taxable market value. The term taxable market value for pay 2004 means the estimated full market value after reductions for the green acres exclusion in Section , the exclusion of value for improvements to homes under the This Old House legislation in Section , Subd. 16, the exclusion of value for the open space law in section , and the limited market value exclusion. The estimated market value for pay 2004 is the value prior to these reductions, but excludes the value of new improvements. As Figure 1 shows, the maximum market value is first determined by increasing the previous year s taxable market value by 12 percent or by taking 20 of the increase in value. The limited market value then is the greater of the two maximum market values. The limit applies to farm, residential and 1

6 Figure 1 Limited Market Value Determination Examples Estimated Market Value Comparison Examples A B C 1) 2003 Taxes Payable Market Value $ 100,000 $ 100,000 $ 100,000 2) 2004 Taxes Payable Estimated Market Value * $ 105,000 $ 125,000 $ 200,000 3) Market Value Increase (2-1) $ 5,000 $ 25,000 $ 100,000 Percentage Increase 5.0% 25.0% 100.0% Maximum Market Value Determination 4) 112% of 2003 Taxes Payable Market Value (1 x 112%) $ 112,000 $ 112,000 $ 112,000 5) 2003 Taxes Payable Market Value Plus 20% of Estimated Market Value Increase [(1 + (3 x 20%)] $ 101,000 $ 105,000 $ 120,000 6) 2004 Taxes Payable Maximum Market Value (Greater of 4 or 5) $ 112,000 $ 112,000 $ 120,000 Limited Market Value Determination 7) 2004 Taxes Payable Limited Market Value (Lesser of 2 or 6) $ 105,000 $ 112,000 $ 120,000 Percentage Increase 5.0% 12.0% 20.0% Example A: Limitation does not apply. Example B: 12 percent limitation applies. Example C: 20 percent limitation applies. * Excluding the value of new improvements for pay

7 seasonal recreational residential (non-commercial) properties for assessment years 1993 to 2006 (taxes payable 1994 to 2007). Timberland is included in farm non-homestead. All rental housing with three or fewer units is included as residential non-homestead property. New ownership of a previously limited parcel does not change the market value limitation. New improvements, whether to land or structures, are excluded from the limit calculation in the year in which the new improvements become taxable, but thereafter become part of the estimated market value used in determining the market value limitation in subsequent years. Limitation does not continue to apply when a property class changes from a favored class to a non-favored class. 1 Also note that the exclusions in law for platted vacant land, green acres and This Old House take precedence over the limited market value law and are calculated without taking into account the limitation reduction. 2 Statewide and Regional Limitation Amounts by Property Class The total limitation reduction statewide for taxes payable 2004 is $34,862,264,559. As Table 1 shows, the percentage reduction in the value of favored classes at statewide and regional levels is increasingly significant. In percentage terms, the limit reduced the value of seasonal recreational residential property most (25.1 percent statewide) and residential homestead property least (8.95 percent statewide). Regionally, the limit reduced the market value of favored classes less in Greater Minnesota (10.15 percent) than in the metro area (11.31 percent). Most of the limitation in dollar terms occurs in the metro region, and the limit affects residential homestead property more than other property classes. Market values in the metro region were cut by over $20.4 billion (58.6 percent of the statewide reduction). The reduction to residential homestead property statewide was $21.3 billion, and approximately $4.6 billion of this reduction is in the Greater Minnesota region. Table 2 provides a percentage distribution of the total limitation by region and property type. Looking at shares of the total limitation reduction in each major region, residential homestead reductions predominate. homestead reductions account for 81.8 percent of the total reductions in the metro area and 32.0 percent in the Greater Minnesota region. Statewide Changes in Distribution of Market Values Among Property Classes As Table 3 shows, the statewide distribution of taxable market value changed for taxes payable in 2004 to favor most limited classes of property, but in percentage terms the changes are relatively small. The limit reduced the shares of total market value most for residential homestead property, from percent to percent of total market value. The shares for 1 Memo from Michael P. Wandmacher to all county assessors, June 23, 1993, pp Minnesota Department of Revenue, Supplement to the Instructions for Limits on Increases to Estimated Market Value,

8 Table 1 Market Value Limitation by Property Type Statewide and Regional Totals Metro Area Taxable Market Taxable Market Value before Value after Total Percent Limitation Limitation Limitation Reduction Farm Homestead $ 3,039,385,754 $ 2,187,769,110 $ 851,616, % Farm Non-Homestead 1,339,962, ,904, ,057, Timberland 9,620,900 7,538,100 2,082, Total Farm $ 4,388,969,410 $ 2,915,212,010 $ 1,473,757, % Seasonal Recreational $ 292,746,760 $ 219,499,560 $ 73,247, % Homestead $ 164,193,091,585 $ 147,477,578,567 $ 16,715,513, % Non-Homestead 11,958,874,442 9,775,363,360 2,183,511, Total $ 176,151,966,027 $ 157,252,941,927 $ 18,899,024, % Total $ 180,833,682,197 $ 160,387,653,497 $ 20,446,028, % Greater Minnesota Farm Homestead $ 35,117,666,353 $ 31,169,629,150 $ 3,948,037, % Farm Non-Homestead 10,520,630,723 9,456,995,900 1,063,634, Timberland 1,116,601, ,563, ,038, Total Farm $ 46,754,898,876 $ 41,489,188,450 $ 5,265,710, % Seasonal Recreational $ 14,649,648,400 $ 10,972,319,320 $ 3,677,329, % Homestead $ 74,052,748,631 $ 69,441,398,663 $ 4,611,349, % Non-Homestead 6,592,515,465 5,730,669, ,846, Total $ 80,645,264,096 $ 75,172,067,743 $ 5,473,196, % Total $ 142,049,811,372 $ 127,633,575,513 $ 14,416,235, % Statewide Farm Homestead $ 38,157,052,107 $ 33,357,398,260 $ 4,799,653, % Farm Non-Homestead 11,860,593,479 10,176,900,700 1,683,692, Timberland 1,126,222, ,101, ,121, Total Farm $ 51,143,868,286 $ 44,404,400,460 $ 6,739,467, % Seasonal Recreational $ 14,942,395,160 $ 11,191,818,880 $ 3,750,576, % Homestead $ 238,245,840,216 $ 216,918,977,230 $ 21,326,862, % Non-Homestead 18,551,389,907 15,506,032,440 3,045,357, Total $ 256,797,230,123 $ 232,425,009,670 $ 24,372,220, % Total $ 322,883,493,569 $ 288,021,229,010 $ 34,862,264, % 4

9 Table 2 Market Value Limitation Shares by Region Total Share of Share of Property Type Limitation Region State Metro Area Farm Homestead $ 851,616, % 2.4 % Farm Non-homestead 620,057, Timberland 2,082, Total Farm $ 1,473,757, % 4.2 % Seasonal Recreational $ 73,247, Homestead $ 16,715,513, % 47.9 % Non-homestead 2,183,511, Total $ 18,899,024, % 54.2 % Total $ 20,446,028, % 58.6 % Greater Minnesota Farm Homestead $ 3,948,037, % 11.3 % Farm Non-homestead 1,063,634, Timberland 254,038, Total Farm $ 5,265,710, % 15.1 % Seasonal Recreational $ 3,677,329, Homestead $ 4,611,349, % 13.2 % Non-homestead 861,846, Total $ 5,473,196, % 15.7 % Total $ 14,416,235, % 41.4 % Statewide Farm Homestead $ 4,799,653, % Farm Non-homestead 1,683,692, Timberland 256,121, Total Farm $ 6,739,467, % Seasonal Recreational $ 3,750,576, Homestead $ 21,326,862, % Non-homestead 3,045,357, Total $ 24,372,220, % Total $ 34,862,264, % 5

10 Table 3 Change in Statewide Distribution of Real and Personal Market Values (in thousands) Caused by the Limited Market Value Law Taxable Taxable Market Value Market Value Before Percent After Percent Change in Limitation Of Total Limitation Of Total Percent Farm Homestead $ 38,152, % $ 33,357, % % Farm Non-homestead and Timberland 12,985, ,047, Seasonal Recreational 14,942, ,191, Homestead 238,245, ,918, Non-homestead 18,551, ,506, Apartment 16,739, ,739, Seasonal Commercial 890, , Commercial/Industrial 49,782, ,782, Public Utility 3,231, ,231, Mineral 2, , Railroad 496, , Personal 4,468, ,468, Total Real and Personal $ 398,488, % $ 363,632, % 0.00 % 6

11 farm, seasonal recreational, and residential non-homestead property also declined, while shares for apartment, commercial, industrial and public utility property increased. Changes from Pay 2003 to 2004 As noted above, the total limitation reduction increased statewide from $30.88 billion for taxes payable 2003 to $34.86 billion for payable 2004, an annual growth of $3.98 billion or 13 percent. As Table 4 shows, the percentage increase in the exclusion was more rapid in the Greater Minnesota area. The metro area exclusion increased by 5.8 percent, compared to a 24.8 percent increase in Greater Minnesota. In dollar terms, the exclusion increased by $2.86 billion in Greater Minnesota, and by $1.12 billion in the metro area. Statewide and Regional Changes in Distribution of Net Tax Amounts Among Property Classes As Table 5 shows, the statewide distribution of net tax changed for taxes payable in 2004, reducing the tax burden for the limited classes of property. The non-limitation simulation holds the state levy constant, allows the market value credits to change, and allows TIF levies to decrease with the lower tax rates in areas with commercial property. In percentage terms the largest reduction in total tax burden occurred in noncommercial seasonal recreational residential property, a percent decrease statewide. In terms of net tax dollar amounts the tax burden shift is most evident in the statewide reduction in the residential property tax burden by $36.9 million, and the increase in the commercial/industrial property tax burden by $84.2 million. This increase in net tax on commercial/industrial property raises policy issues since Minnesota already has some of the highest commercial/industrial taxes in the nation. In Greater Minnesota, the largest reduction in net tax in both percentage terms (15.16%) and in dollar terms ($24.4 million) is in noncommercial seasonal recreational residential property. This contrasts to the metro area where the largest percentage decrease is 41.9% for farm nonhomestead property. 7

12 Table 4 Change in Market Value Limitation by Property Type Statewide and Regional Totals Taxes Payable 2003 and 2004 Metro Area Pay 2003 Pay 2004 Change in Total Total Total Percent Property Type Limitation Limitation Limitation Change Farm Homestead $ 567,696,111 $ 851,616,644 $ 283,920, % Farm Non-homestead 474,649, ,140, ,491, Total Farm $ 1,042,345,200 $ 1,473,757,400 $ 431,412, % Seasonal Recreational 62,458,700 73,247,200 10,788, Homestead $ 16,563,189,038 $ 16,715,513,018 $ 152,323, % Non-homestead 1,656,486,097 2,183,511, ,024, Total $ 18,219,675,135 $ 18,899,024,100 $ 679,348, % Total $ 19,324,479,035 $ 20,446,028,700 $ 1,121,549, % Greater Minnesota Farm Homestead $ 2,586,007,435 $ 3,948,037,203 $ 1,362,029, % Farm Non-homestead 863,320,710 1,317,673, ,352, Total Farm $ 3,449,328,145 $ 5,265,710,426 $ 1,816,382, % Seasonal Recreational 2,957,576,100 3,677,329, ,752, Homestead $ 4,530,398,366 $ 4,611,349,968 $ 80,951, % Non-homestead 617,958, ,846, ,887, Total $ 5,148,357,186 $ 5,473,196,353 $ 324,839, % Total $ 11,555,261,431 $ 14,416,235,859 $ 2,860,974, % Statewide Farm Homestead $ 3,153,703,546 $ 4,799,653,847 $ 1,645,950, % Farm Non-homestead 1,337,969,799 1,939,813, ,844, Total Farm $ 4,491,673,345 $ 6,739,467,826 $ 2,247,794, % Seasonal Recreational 3,020,034,800 3,750,576, ,541, Homestead $ 21,093,587,404 $ 21,326,862,986 $ 233,275, % Non-homestead 2,274,444,917 3,045,357, ,912, Total $ 23,368,032,321 $ 24,372,220,453 $ 1,004,188, % Total $ 30,879,740,466 $ 34,862,264,559 $ 3,982,524, % 8

13 Table 5 Change in Distribution of Real and Personal Net Taxes Caused by the Limited Market Value Law Net Tax Net Tax Before Percent After Percent Change in Percent Metro Area Limitation Of Total Limitation Of Total Net Tax Change (000's) (000's) (000's) Farm Homestead $19, % $14, % ($5,050) % Farm Non-homestead 11, , (4,941) % Total Farm $31, % $21, % ($9,991) % Timberland (11) % Seasonal Recreational 3, , (744) % Homestead 1,747, ,698, (48,243) -2.76% Non-homestead 148, , (14,567) -9.82% Apartment 196, , , % Commercial/Industrial < 150,000 $95, % $100, % $5, % Commercial/Industrial > 150,000 1,155, ,215, , % Total Commercial/Industrial $1,250, % $1,316, % $65, % Seasonal Commercial 1, , % Public Utility 23, , , % Mineral % Railroad 5, , % Personal 71, , , % Total Real and Personal $3,480, % $3,500, % $20, % 9

14 Table 5 (Continued) Change in Distribution of Real and Personal Net Taxes Caused by the Limited Market Value Law Net Tax Net Tax Before Percent After Percent Change in Percent Greater Minnesota Limitation Of Total Limitation Of Total Net Tax Change (000's) (000's) (000's) Farm Homestead $191, % $180, % ($10,924) -5.69% Farm Non-homestead 97, , (5,782) -5.91% Total Farm $289, % $272, % ($16,706) -5.77% Timberland 10, , (1,114) % Seasonal Recreational 160, , (24,398) % Homestead 710, , , % Non-homestead 81, , (4,402) -5.43% Apartment 51, , , % Commercial/Industrial < 150,000 $123, % $129, % $6, % Commercial/Industrial > 150, , , , % Total Commercial.Industrial $411, % $429, % $18, % Seasonal Commercial 8, , , % Public Utility 68, , , % Mineral % Railroad 11, , % Personal 69, , , % Total Real and Personal $1,872, % $1,867, % ($5,358) -0.29% 10

15 Table 5 (Continued) Change in Distribution of Real and Personal Net Taxes Caused by the Limited Market Value Law Net Tax Net Tax Before Percent After Percent Change in Percent Statewide Limitation Of Total Limitation Of Total Net Tax Change (000's) (000's) (000's) Farm Homestead $211, % $195, % ($15,974) -7.56% Farm Non-homestead 109, , (10,723) -9.79% Total Farm $320, % $294, % ($26,697) -8.32% Timberland 10, , (1,125) % Seasonal Recreational 164, , (25,142) % Homestead 2,457, ,420, (36,889) -1.50% Non-homestead 229, , (18,969) -8.27% Apartment 248, , , % Commercial/Industrial < 150,000 $218, % $230, % $11, % Commercial/Industrial > 150,000 1,443, ,515, , % Total Commercial.Industrial $1,661, % $1,745, % $84, % Seasonal Commercial 9, , , % Public Utility 92, , , % Mineral % Railroad 16, , % Personal 141, , , % Total Real and Personal $5,352, % $5,367, % $14, % 11

16 Pay 2004 Limitation Reductions at the City and Township Level The greatest degree of market value limitation at the city and township level occurred in sparsely populated areas of the state. Table 6 ranks cities and townships by the percentage of market value limitation for favored classes. As the table shows, the greatest degree of limitation occurred in northern and north central Minnesota, although a few southern cities and towns also rank highly. Appendix Tables A-1 and A-2 provide a detailed breakdown in county order of the limitation reductions for each favored class in each city and township in the state. 12

17 Table 6 Total Market Value Limitation and Reduction Percentage by City and Township With Greater Percent Reduction in Value Total Percent County Name Limitation Reduction Hubbard Thorpe Township 12,473, % Hubbard Steamboat River Township 14,999, % Chisago Shafer Township 42,147, % St. Louis Unorg 13-NE 4,490, % Pine Danforth Township 6,209, % Pine Park Township 2,601, % Hubbard Lake Hattie Township 5,480, % St. Louis Eagles Nest Township 24,953, % Kanabec Grasston 1,714, % Chisago Amador Township 30,267, % Pine Birch Creek Township 8,224, % Wright Woodland Township 53,733, % Becker Savannah Township 9,385, % St. Louis Winton 1,830, % Mille Lacs East Side Township 42,747, % Lake Fall Lake Township 59,011, % Cass Moose Lake Township 3,743, % Cass Ottail Peninsula Township 8,358, % Becker Forest Township 15,819, % St. Louis Crane Lake Township 12,696, % Cass Unorg , % Lake Lake Co Unorg 15,043, % Wright Franklin Township 125,102, % Pine New Dosey Township 6,529, % Itasca Unorg , % Wright Middleville Township 36,235, % Cass Unorg ,418, % St. Louis Leiding Township 15,553, % Aitkin Seavey Township 2,702, % Pine Bremen Township 9,006, % Winona Wiscoy Township 16,853, % Aitkin Pliny Township 3,484, % Cass Rogers Township 9,829, % Pine Bruno Township 5,766, % Pine Wilma Township 4,909, % Cass Meadow Brook Township 5,135, % Itasca Unorg , % Pine Fleming Township 4,480, % Pine Arna Township 5,739, % Cass Ansel Township 3,350, % 13

18 Table 6 (Continued) Total Market Value Limitation and Reduction Percentage by City and Township With Greater Percent Reduction in Value Total Percent County Name Limitation Reduction Beltrami Unorg Winner 9, % Houston Jefferson Township 5,880, % Aitkin Unorg ,629, % Mille Lacs Bradbury Township 5,537, % St. Louis Morcom Township 1,861, % Crow Wing Emily 50,951, % Aitkin Salo Township 2,280, % Cass Ponto Lake Township 43,632, % Pine Norman Township 7,516, % Hubbard Clay Township 8,949, % Cass Unorg , % Crow Wing Pelican Township 53,188, % Becker Wolf Lake Township 5,442, % Aitkin Beaver Township 3,026, % Hubbard Clover Township 8,364, % Wright Victor Township 38,648, % Aitkin Glen Township 26,272, % Isanti North Branch Township 47,448, % Morrison Pulaski Township 15,030, % St. Louis Greenwood Township 105,244, % Becker Two Inlets Township 10,854, % Itasca Marcell Township 26,998, % Isanti Maple Ridge Township 21,170, % Lake Beaver Bay Township 24,160, % St. Louis Kugler Township 2,928, % Cass Pine Lake Township 21,350, % Pine Kerrick Township 7,706, % Hubbard Hart Lake Township 11,295, % Pine Crosby Township 3,372, % Becker Round Lake Township 10,897, % St. Louis Unorg 10-Lake Verm 35,459, % St. Louis Sturgeon Township 2,897, % Cass Bungo Township 3,261, % Pine Munch Township 7,220, % Morrison Richardson Township 22,243, % Kanabec Hillman Township 10,528, % Aitkin Rice River Township 4,508, % St. Louis Linden Grove Township 2,696, % Kanabec Ford Township 6,593, % Becker Eagle View Township 7,422, % 14

19 Table 6 (Continued) Total Market Value Limitation and Reduction Percentage by City and Township With Greater Percent Reduction in Value Total Percent County Name Limitation Reduction Crow Wing Perry Lake Township 8,335, % Carlton Cromwell 2,030, % St. Louis Portage Township 6,978, % Itasca Unorg ,720, % Lake Beaver Bay 3,588, % Crow Wing Fairfield Township 16,226, % Aitkin Turner Township 9,948, % Itasca Unorg ,286, % Morrison Mt Morris Township 4,105, % Hubbard Lakeport Township 30,423, % Aitkin Mcgregor Township 1,794, % Mille Lacs Lewis Township 2,064, % Mille Lacs Bock 836, % Pine Brook Park Township 9,345, % Pine Royalton Township 23,399, % Cass Unorg , % Hubbard Akeley Township 17,068, % Mille Lacs Mudgett Township 1,923, % Aitkin White Pine Township 987, % Isanti Oxford Township 23,373, % Becker Maple Grove Township 10,122, % Morrison Cushing Township 16,252, % Cass Home Brook Township 5,002, % Mahnomen Twin Lakes Township 2,527, % Cass Backus 3,073, % Crow Wing Wolford Township 12,419, % Morrison Scandia Valley Township 79,633, % Kanabec Peace Township 22,251, % Cass Smokey Hollow Township 3,229, % Aitkin Unorg ,997, % Chisago Sunrise Township 47,517, % St. Louis Breitung Township 25,911, % Wright Buffalo Township 56,008, % Cass Bull Moose Township 2,055, % Isanti Stanchfield Township 24,726, % Hubbard Crow Wing Lake Township 23,594, % Kanabec Pomroy Township 9,375, % Becker Toad Lake Township 11,556, % Mille Lacs Wahkon 6,342, % St. Louis Beatty Township 46,076, % 15

20 Table 6 (Continued) Total Market Value Limitation and Reduction Percentage by City and Township With Greater Percent Reduction in Value Total Percent County Name Limitation Reduction Isanti Spencer Brook Township 40,283, % Wright Albion Township 35,811, % Morrison Leigh Township 5,599, % Cass Birch Lake Township 33,912, % Cass Unorg , % Cass Woodrow Township 69,759, % Cass Maple Township 6,630, % Pine Mission Creek Township 11,511, % Lake Stony River Township 9,183, % Crow Wing Ideal Township 159,026, % Pine Dell Grove Township 17,937, % Crow Wing Ross Lake Township 15,917, % Wright Rockford Township 89,658, % Sibley Jessenland Township 18,066, % Wright Marysville Township 49,179, % Winona Pleasant Hill Township 16,269, % Cass Gould Township 5,620, % 16

21 APPENDIX A Market Value Limitations And Percentage Reductions, By City And Township

22 Table A-1 Total Market Value Limitation and Reduction by City and Township Farm Homestead, Farm Non-Homestead, and Seasonal Recreational Property AITKIN Seasonal Farm Farm Non- Homestead Percent Homestead Percent Recreational Percent Aitkin Township 2,534, % 814, % 5,233, % Ball Bluff Township 378, % 23, % 1,856, % Balsam Township 67, % 51, % 345, % Beaver Township 261, % 76, % 863, % Clark Township 1,489, % 427, % 422, % Cornish Township 41, % 1, % 915, % Farm Island Township 337, % 74, % 12,949, % Fleming Township 333, % 126, % 12,224, % Glen Township 2,226, % 196, % 15,703, % Haugen Township 272, % 7, % 1,655, % Hazelton Township 339, % 159, % 21,699, % Hill Lake Township 182, % 12, % 1,788, % Idun Township 1,576, % 292, % 1,634, % Jevne Township 554, % 110, % 2,958, % Kimberly Township 1,296, % 151, % 1,225, % Lakeside Township 216, % 16, % 8,530, % Lee Township 512, % 150, % 288, % Libby Township 113, % 13, % 744, % Logan Township 641, % 149, % 513, % Macville Township 92, % 19, % 201, % Malmo Township 433, % 129, % 4,522, % Mcgregor Township 644, % 284, % 154, % Morrison Township 1,126, % 540, % 391, % Nordland Township 2,176, % 409, % 16,300, % Pliny Township 1,296, % 401, % 664, % Rice River Township 1,172, % 117, % 949, % Salo Township 737, % 354, % 596, % Seavey Township 493, % 170, % 598, % Shamrock Township 65, % 37, % 50,094, % Spalding Township 68, % 8, % 152, % Spencer Township 1,438, % 972, % 463, % Turner Township 44, % % 7,199, % Verdon Township 19, % 9, % 88, % Wagner Township 653, % 165, % 6,560, % Waukenabo Township 229, % % 7,620, % Wealthwood Township 17, % 30, % 4,901, % White Pine Township 636, % 64, % 141, % Williams Township 1,023, % 245, % 984, % Workman Township 494, % 390, % 4,553, % Milward Township 127, % 21, % 256, % Unorg , % % 96, % Unorg , % % 669, % Unorg , % 206, % 560, % Unorg , % 33, % 2,138, % Unorg , % 25, % 34, % Unorg , % 16, % 6, % Unorg % 2, % % Unorg % % % Unorg , % % 4, % Unorg , % 13, % 167, % 18

23 Table A-1 (Continued) Total Market Value Limitation and Reduction by City and Township Farm Homestead, Farm Non-Homestead, and Seasonal Recreational Property Aitkin (Continued) Seasonal Farm Farm Non- Homestead Percent Homestead Percent Recreational Percent Unorg , % % 14, % Unorg , % % 13, % Unorg , % % 63, % Aitkin Co Unorg 10, % 1, % 21, % Aitkin 1, % % 47, % Hill City % % 441, % McGrath % % 2, % McGregor % % 11, % Palisade % % 19, % Tamarack 7, % 5, % 18, % TOTAL 27,180,300 7,535, ,279,380 ANOKA Burns Township 6,272, % 2,770, % % Columbus Township 1,381, % 1,070, % 480, % Linwood Township 2,092, % 651, % 3,846, % Anoka % % % Bethel 39, % % % Andover 5,755, % 1,451, % % Centerville 67, % 461, % % Columbia Heights % % % Circle Pines % % % Fridley % % % Lexington % % % Coon Rapids 184, % 45, % 101, % Ramsey 783, % 930, % % Lino Lakes 2,806, % 4,087, % 40, % East Bethel 3,022, % 1,790, % 2,057, % Hilltop % % % St Francis 1,698, % 2,809, % 296, % Ham Lake 3,808, % 1,986, % 727, % Oak Grove 3,998, % 3,318, % 664, % Blaine 1,612, % 2,135, % % Spring Lake Park % % % TOTAL 33,524,200 23,507,500 8,214,300 BECKER Atlanta Township 63, % 6, % % Audubon Township 4,185, % 614, % 3,529, % Burlington Township 4,035, % 752, % 1,163, % Callaway Township 570, % 215, % 102, % Carsonville Township 911, % 897, % 125, % Cormorant Township 4,936, % 1,095, % 20,385, % Cuba Township 46, % 7, % % Detroit Township 1,712, % 712, % 7,648, % Erie Township 2,182, % 522, % 6,964, % 19

24 Table A-1 (Continued) Total Market Value Limitation and Reduction by City and Township Farm Homestead, Farm Non-Homestead, and Seasonal Recreational Property BECKER (Continued) Seasonal Farm Farm Non- Homestead Percent Homestead Percent Recreational Percent Evergreen Township 2,210, % 605, % 22, % Forest Township 217, % 10, % 11,668, % Green Valley Township 3,243, % 1,514, % 1,692, % Hamden Township 39, % 14, % 11, % Height of Land Township 3,413, % 478, % 6,358, % Holmesville Township 1,626, % 670, % 5,433, % Lake Eunice Township 2,968, % 2,017, % 25,174, % Lake Park Township 1,252, % 392, % 774, % Lake View Township 1,459, % 407, % 14,426, % Maple Grove Township 463, % 41, % 7,223, % Osage Township 1,609, % 1,519, % 5,287, % Pine Point Township 865, % 778, % 55, % Riceville Township 18, % 1, % % Richwood Township 1,335, % 555, % 577, % Round Lake Township 264, % 286, % 8,481, % Runeberg Township 2,777, % 1,126, % 203, % Savannah Township 1,075, % 162, % 4,932, % Shell Lake Township 917, % 436, % 4,551, % Silver Leaf Township 2,735, % 482, % 422, % Spring Creek Township 23, % % % Spruce Grove Township 1,987, % 345, % 25, % Sugar Bush Township 1,360, % 498, % 3,659, % Toad Lake Township 2,265, % 766, % 4,530, % Two Inlets Township 1,225, % 360, % 5,875, % Walworth Township 9, % % % White Earth Township 198, % 94, % 441, % Wolf Lake Township 2,993, % 434, % 889, % Eagle View Township 24, % % 5,702, % Audubon % 83, % % Callaway % 6, % % Detroit Lakes 29, % 41, % 6,272, % Frazee 29, % 11, % 80, % Lake Park 6, % 7, % % Ogema 7, % 2, % % Wolf Lake 4, % % 4, % TOTAL 57,302,805 18,980, ,697,600 BELTRAMI Alaska Township 183, % 31, % 558, % Battle Township 27, % 2, % 4, % Bemidji Township 762, % 136, % 202, % Benville Township 37, % 9, % 8, % Birch Township 118, % % 233, % Unorg Brook Lake 84, % 10, % 529, % Buzzle Township 661, % 176, % 203, % Cormant Township 112, % 95, % 41, % Durand Township 118, % 136, % 303, % Eckles Township 351, % 153, % 19, % 20

25 Table A-1 (Continued) Total Market Value Limitation and Reduction by City and Township Farm Homestead, Farm Non-Homestead, and Seasonal Recreational Property BELTRAMI (Continued) Seasonal Farm Farm Non- Homestead Percent Homestead Percent Recreational Percent Frohn Township 1,580, % 808, % 1,743, % Grant Valley Township 613, % 90, % 222, % Hagali Township 501, % 177, % 511, % Hamre Township 18, % 23, % 92, % Hines Township 272, % 79, % 937, % Hornet Township 192, % 95, % 104, % Jones Township 634, % 114, % 63, % Kelliher Township 154, % 49, % 34, % Lammers Township 1,499, % 374, % 43, % Langor Township 296, % 54, % 124, % Lee Township 6, % 18, % 9, % Liberty Township 693, % 83, % 165, % Maple Ridge Township 294, % 50, % 133, % Minnie Township 18, % 26, % 184, % Moose Lake Township 297, % 4, % 1,372, % Nebish Township 388, % 28, % 132, % Northern Township 277, % 115, % 1,569, % Obrien Township 47, % 93, % 19, % Port Hope Township 263, % 83, % 235, % Quiring Township 22, % % 48, % Roosevelt Township 410, % 182, % 152, % Shooks Township 251, % 38, % 36, % Shotley Township 104, % 50, % 1,706, % Spruce Grove Township 57, % 45, % 58, % Steenerson Township 32, % 7, % 102, % Sugar Bush Township 112, % 8, % 379, % Summit Township 304, % 93, % 80, % Taylor Township 115, % 94, % 561, % Ten Lake Township 41, % 24, % 1,565, % Turtle Lake Township 362, % 101, % 1,114, % Turtle River Township 462, % 11, % 1,862, % Woodrow Township 70, % 23, % 48, % Waskish Township 7, % 7, % 1,237, % Unorg # % % % Unorg # % % % Unorg Eland 69, % 18, % 104, % Unorg Red Lake 11, % 17, % 58, % Unorg Northwood 32, % 16, % 22, % Unorg Yale % % % Unorg Winner % % 9, % Unorg Big Grass % 48, % 52, % Unorg Redby % % % Bemidji 17, % % 270, % Blackduck 6, % % % Funkley 3, % 9, % 13, % Kelliher 21, % 11, % % Solway 23, % 27, % % Tenstrike 62, % 1, % 387, % Turtle River 1, % % 25, % 21

26 Table A-1 (Continued) Total Market Value Limitation and Reduction by City and Township Farm Homestead, Farm Non-Homestead, and Seasonal Recreational Property BELTRAMI (Continued) Seasonal Farm Farm Non- Homestead Percent Homestead Percent Recreational Percent Wilton 49, % % 22, % TOTAL 13,162,146 3,965,554 19,726,200 BENTON Alberta Township 9,581, % 1,154, % 41, % Gilmanton Township 8,376, % 1,115, % 9, % Glendorado Township 8,389, % 1,342, % 144, % Graham Township 9,601, % 930, % % Granite Ledge Township 8,418, % 706, % 389, % Langola Township 6,471, % 2,036, % 525, % Mayhew Lake Township 7,789, % 837, % % Maywood Township 9,550, % 1,579, % 18, % Minden Township 8,567, % 3,965, % 97, % St George Township 7,325, % 1,680, % 14, % Sauk Rapids Township 2,101, % 1,045, % 53, % Watab Township 3,066, % 1,199, % 1,094, % Foley 5, % 483, % % Gilman 28, % 35, % % Rice 855, % 785, % % Ronneby 26, % 1, % % Sauk Rapids % 758, % 6, % Sartell % 469, % % St Cloud 2, % 466, % % TOTAL 90,157,550 20,591,750 2,396,200 BIG STONE Akron Township 1,285, % 247, % 64, % Almond Township 181, % 5, % % Artichoke Township 884, % 445, % 101, % Big Stone Township 318, % 34, % 829, % Browns Valley Township 223, % 106, % % Foster Township 403, % 28, % 1,705, % Graceville Township 984, % 297, % % Malta Township 581, % 183, % % Moonshine Township 636, % 209, % % Odessa Township 782, % 324, % 15, % Ortonville Township 211, % 14, % 3, % Otrey Township 466, % 298, % 15, % Prior Township 937, % 232, % 1,719, % Toqua Township 612, % 273, % 5, % Barry 5, % % % Beardsley % 1, % % Clinton % % % Correll 14, % 1, % % Graceville 8, % 1, % % Johnson 2, % % % 22

27 Table A-1 (Continued) Total Market Value Limitation and Reduction by City and Township Farm Homestead, Farm Non-Homestead, and Seasonal Recreational Property BIG STONE (Continued) Seasonal Farm Farm Non- Homestead Percent Homestead Percent Recreational Percent Odessa 5, % 27, % 1, % Ortonville 17, % 2, % 121, % TOTAL 8,563,200 2,736,300 4,583,100 BLUE EARTH Beauford Township 417, % 93, % % Butternut Valley Township 304, % 55, % % Cambria Township 251, % 25, % % Ceresco Township 342, % 40, % % Danville Township 350, % 64, % % Decoria Township 879, % 468, % % Garden City Township 626, % 138, % % Jamestown Township 442, % 246, % 1,556, % Judson Township 1,119, % 106, % % Leray Township 1,118, % 82, % 934, % Lime Township 310, % 921, % % Lincoln Township 498, % 58, % % Lyra Township 413, % 45, % % McPherson Township 640, % 41, % % Mankato Township 3,453, % 3,816, % % Mapleton Township 164, % 61, % % Medo Township 237, % 57, % % Pleasant Mound Township 249, % 51, % % Rapidan Township 773, % 133, % % Shelby Township 286, % 42, % % South Bend Township 511, % 130, % % Sterling Township 287, % 110, % % Vernon Center Township 180, % 89, % % Amboy 6, % 1, % % Eagle Lake 59, % 265, % % Good Thunder 13, % 43, % % Lake Crystal 91, % 11, % % Madison Lake 1, % 17, % 112, % Mankato 9, % 1,543, % % Mapleton 34, % 74, % % St Clair 7, % 97, % % Vernon Center 14, % % % Pemberton % % % Skyline % % % Minnesota Lake % % % TOTAL 14,096,200 8,937,600 2,603,400 BROWN Albin Township 755, % 280, % % Bashaw Township 647, % 323, % % Burnstown Township 947, % 463, % % 23

28 Table A-1 (Continued) Total Market Value Limitation and Reduction by City and Township Farm Homestead, Farm Non-Homestead, and Seasonal Recreational Property BROWN (Continued) Seasonal Farm Farm Non- Homestead Percent Homestead Percent Recreational Percent Cottonwood Township 530, % 263, % % Eden Township 1,691, % 378, % % Home Township 1,297, % 650, % % Lake Hanska Township 943, % 354, % % Leavenworth Township 1,227, % 296, % % Linden Township 640, % 365, % % Milford Township 607, % 381, % % Mulligan Township 429, % 180, % % North Star Township 645, % 382, % % Prairieville Township 1,084, % 419, % % Sigel Township 882, % 233, % % Stark Township 968, % 263, % % Stately Township 619, % 255, % % Cobden 18, % 3, % % Evan 13, % 15, % % Hanska % % % New Ulm 1, % 53, % % Sleepy Eye 41, % 22, % % Springfield 4, % 5, % % Comfrey 4, % % % TOTAL 14,003,806 5,594,794 0 CARLTON Atkinson Township 598, % 47, % 699, % Automba Township 1,335, % 236, % 410, % Barnum Township 2,760, % 470, % 3,698, % Beseman Township 976, % 29, % 371, % Blackhoof Township 2,648, % 464, % 978, % Unorg Clear Creek 531, % 14, % 1,404, % Unorg Corona 591, % 39, % 503, % Eagle Township 1,398, % 103, % 4,953, % Holyoke Township 508, % 264, % 1,236, % Kalevala Township 2,075, % 310, % 704, % Lakeview Township 585, % 50, % 1,245, % Mahtowa Township 1,410, % 134, % 267, % Moose Lake Township 1,390, % 323, % 1,457, % Perch Lake Township 117, % 33, % 804, % Unorg Progress 108, % 11, % 52, % Unorg Red Clover 1,094, % 47, % 561, % Unorg Sawyer 252, % 47, % 208, % Silver Township 3,238, % 562, % 925, % Silver Brook Township 1,122, % 172, % 12, % Skelton Township 1,301, % 279, % 408, % Split Rock Township 1,711, % 661, % 468, % Thomson Township 955, % 241, % 58, % Twin Lakes Township 1,186, % 225, % 987, % Wrenshall Township 882, % 136, % 426, % Barnum 21, % % 2, % 24

29 Table A-1 (Continued) Total Market Value Limitation and Reduction by City and Township Farm Homestead, Farm Non-Homestead, and Seasonal Recreational Property CARLTON (Continued) Seasonal Farm Farm Non- Homestead Percent Homestead Percent Recreational Percent Carlton 2, % % % Cloquet 133, % 38, % 17, % Cromwell 259, % 10, % 593, % Kettle River 11, % % 3, % Moose Lake % % 25, % Scanlon % % % Thomson 13, % 6, % % Wrenshall 77, % % % Wright 117, % % 42, % TOTAL 29,421,100 4,964,600 23,527,600 CARVER Benton Township 8,798, % 1,956, % 55, % Camden Township 7,948, % 1,412, % % Chaska Township 2,942, % 1,218, % % Dahlgren Township 13,053, % 4,167, % % Hancock Township 3,196, % 503, % % Hollywood Township 8,372, % 1,741, % % Laketown Township 14,434, % 15,900, % 1,142, % San Francisco Township 6,832, % 3,748, % 75, % Waconia Township 13,037, % 5,071, % 1,542, % Watertown Township 18,375, % 6,169, % % Young America Township 8,922, % 3,064, % % Carver 5,665, % 2,583, % % Chaska 11,270, % 9,001, % % Cologne 202, % 421, % % Hamburg 31, % % % Mayer 88, % % % New Germany 493, % 44, % % Norwood Young America 661, % 75, % % Victoria 2,387, % 4,999, % 416, % Waconia 256, % 773, % 372, % Watertown 1,222, % 568, % % Chanhassen 10,445, % 18,096, % 1,017, % TOTAL 138,639,475 81,517,725 4,621,500 CASS Ansel Township 2,294, % 356, % 330, % Barclay Township 717, % 125, % 2,149, % Becker Township 2,194, % 1,177, % 919, % Beulah Township % % 1,274, % Birch Lake Township 1,105, % 290, % 21,235, % Blind Lake Township 339, % 272, % 941, % Boy Lake Township 664, % 135, % 6,200, % Boy River Township 508, % 284, % 221, % Bull Moose Township 680, % 151, % 367, % 25