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EY
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INDINGS
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The average Minnesota homest2002 to 2008. Even after adjusproperty tax increase has been n
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Growth in homestead property government revenue. Total stapupil school revenue have all fa
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While homestead values have iproperty taxes on a statewide badeclined modestly over the last
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The primary cause of homestealocal governments. Local govera combination of cuts in publicproperty taxes.
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Real per capita local governmengovernment revenue since 2002disproportionately on local gov
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Structural changes to the propeshare of the property tax burde
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State policies are the primary caState leaders who are truly inter
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ad property tax has increased by approxiting for inflation in government purchasesearly 30 percent.taxes from 2002 to 2008 cannot be attribewide real per capita county and city/tow len over this six year period.creased since 2002, this does not explain tsis. The homestead share of statewide estis
ix years.property tax increases from 2002 to 200nments have struggled to make up for theservices, reductions in infrastructure invest revenue has fallen much more rapidly th. The burden of dealing with state budgetrnments and local property taxpayers.ty tax system enacted by the legislature haaway from businesses and apartments anuse of real homestead property tax increasested in accountability must start by recog
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ately 70 percent from, the average homesteadted to growth in localrevenue and real perhe growth in homesteadmated market value hasis cuts in state aid toloss of state aid throughtment, and increases inen real per capita statedeficits has fallenve also shifted a largeron to homesteads.s over the last six years.nizing this fact.
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