The deadline for Minnesota residents to apply for property tax refunds is August 15th and State Senator Jeremy Miller of Winona says the legislature this year increased funding for three of the programs.
One program is to account for high property taxes due to income...the second is for excessive increases in one year...and the third is for renters.
Miller says for homeowners the state is providing more than 650-million dollars in relief through 2012. The income-based property tax refund payable this year is available to all households with incomes for 2011 that were less than 100-thousand-780 dollars.
The targeted refund program offsets property taxes that increase significantly in one year...and the renter's credit refunds low and moderate income Minnesotans. Nearly 400 million dollars is available for he renter's credit.
More information can be obtained at the Minnesota Department of Revenue's website.....