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What impresses legislators is information that shows how individuals are adversely affected by property taxes. What impresses legislators most is the percentage of a Minnesotan's income that is taken by the property tax. The Federation's 2007 legislative goal is to have established a percentage limit to what the property tax can take from a homestead property owner based on the owner's income. To help us collect the data needed to lobby legislators to act favorably on proposed MnSF property tax legislation, the MnSF tax committee requests that you fill out and return the following survey. The information can be found on the County Assessor's "Proposed Property Tax for 2007" - also known a "Truth in Taxation Notice," recently sent to all homestead property owners. We need both metro and out-state data. Example: Truth in Taxation Notice 2005 Taxable Market Value for 2006 taxes: - $234,000 homestead* 2006 Taxable Market Value for 2007 taxes: - $261,000 homestead* (1) (2) Actual 2006 Proposed 2007 Property Tax Property Tax Total excluding special assessments $3,070* $3,351.68* Fill in the information from your notice into the form below. Fill in your market values, tax(*) and income. If you use form 1040 your income is on line 38. If form 1040A is used your income in on line 22. If form 1040 EZ is used, your income is on line 4. Note that all information is kept confidential. All that is shown to legislators is the percentage increases that are derived from all the data we receive. Income information is vital so that legislators can be shown how great a bite property taxes are taking from Minnesota homeowners' incomes. Thanks for your help. -------------------------------------------------------------------------------------------------------- Print & mail Fill in your values 2005 taxable market value for 2006 taxes:..............$______________________ 2006 taxable market value for 2007 taxes:..............$______________________ (1) actual 2006 property tax: ....................................$______________________ (2) proposed 2007 property tax: ...............................$______________________ 2005 income - (kept confidential): .............................$______________________ Name ___________________________________________________________________ Street ___________________________________________________________________ City, state, zip _____________________________________________________________ Phone with area code _______________________________________________________ E-mail: __________________________________________________________________ |