Property Taxes
Understanding Property Taxes
"Special Delivery" is a short video produced by the League of Minnesota Cities that describes City services and factors that can affect your property taxes.
Property Taxes 101 (PDF) - Describes the basics of how Minnesota's property tax system works. From the League of Minnesota Cities.
City Levy Process
Your property tax statement reflects City, County, School, and other taxing authorities levies. The City must certify an initial budget and levy by mid-September of each year. The final City budget and levy must be certified in December of each year.
After the initial levy is certified, but before the final levy is certified the City holds a public "truth in taxation" hearing. This occurs in December. This is an opportunity for property owners to voice opinions regarding the City's proposed budget and levy. At the hearing the City will provide an overview of major changes, if any, in the proposed budget.
The hearing will be opened and any property owner in Mora may speak. This is an opportunity to comment on the City budget, but not your property value.
Property Tax Relief
Following are programs offered by the State of Minnesota for property tax relief.
Homeowner Property Tax Relief Programs 101 (PDF) - Describes property tax relief programs offered in the State of Minnesota. From the League of Minnesota Cities.
- Homestead Credit Refund Program
- Special Homestead Credit Refund Program
- Senior Citizen Property Tax Deferral Program
Property Valuation & Payment Dates
Valuations:
The City contracts with Kanabec County Assessor's Office to determine property values. A property's value is one of the factors used to calculate your property taxes. Property value is included in your annual tax statement mailed from Kanabec County, typically in March.
Once a year, the Kanabec County Auditor/Treasurer's Office will mail tax statements for real estate and personal property at then end of March. Manufactured homes are mailed in July.
If the 15th falls on a Saturday, Sunday or legal holiday, the due date is the next regular business day.
| Due Dates | Type of Tax/Classification | |
|---|---|---|
| May 15th | first half | Residential and agricultural classifications excludes manufactured homes |
| May 15th | Taxes due in full if amount is $50 or less | |
| August 31st | first half | Manufactured homes |
| August 31st | Manufactured homes taxes due in full if amount is $50 or less | |
| October 15th | second half | Residential classification only |
| November 15th | second half | Manufactured home and agricultural classifications |
| Attachment | Size |
|---|---|
 Property Tax 101 | 180.87 KB |
| Property Tax Relief Programs 101 | 131.35 KB |