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08/22/2017
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08/22/2017
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8/22/2017 4:58:17 PM
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8/18/2017 2:58:40 PM
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City Council
Document Type
Council Agenda/Packets
Meeting Date
8/22/2017
Meeting Type
Regular
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Disabled Veterans Exclusion <br />An individual qualifying for the disabled veteran value exclusion is not eligible to receive the <br />homestead market value exclusion benefit, (see M.S. 273.13, subd. 34, paragraph g). <br />TIF Districts <br />The laws governing changes to a TIF district's original net tax capacity (under M.S. 469.77, for <br />disasters, changes in classification, changes in taxable status, etc.), do not provide for any <br />adjustment resulting from the market value exclusion. Therefore, the application of this <br />exclusion will impact increments in districts containing homesteaded property. <br />
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