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TAXES

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Members of the Wadena County Board of Commissioners and Heather Olson, auditor/treasurer for Wadena County, heard complaints from multiple county residents concerning a proposed 10.37% property tax levy increase during their Truth In Taxation hearing on Nov. 28.
Voters answered with 55.7% saying "no" and 44.3% saying "yes"
Various cuts to funding requests were made in an attempt to balance the budget.
That’s a $1,019,019 increase over 2022.
The final levy, payable in 2023, will be set in December.
Proposed 10.74% levy increase discussed.

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Minnesota is among a group of states that have not conformed their codes to a federal law exempting student loan debt forgiveness from taxes. Changing that has bipartisan backing, but any action will likely have to wait until January when lawmakers return to the capitol in St. Paul for the regular session.
While this prediction is preliminary, City Manager Jonathan Smith said, the tax levy could increase by 30%.
More than 872,000 Minnesotans already filed for 2020 property tax refunds, with over $792 million in refunds issued to date. The average refund is about $1,000 for homeowners and $700 for renters.

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