April 27, 2024
Property

Crow Wing County property value notices and tax statements mailed – Pine and Lakes Echo Journal


BRAINERD

— Crow Wing County property owners will receive both their annual notice of property valuation and classification for taxes payable next year, and the tax statement for taxes due this year in the mail.

Both the valuation notice and the tax statement will arrive in one envelope.

Notice of property valuation and classification

  • Shows the 2024 value and classification of the property for taxes payable in 2025.
  • Property owners are encouraged to review current valuation and classification because these will be relied upon to determine taxes due in 2025.
  • Property owners should contact the Crow Wing County Land Services Department with any questions about their 2024 valuation or classification reported in the notice.
  • Property taxes due this year.
  • The amount owed is determined by applying last year’s property valuation and classification to this year’s spending levels approved by local units of government.
  • Each tax statement shows the amount of tax dollars that need to be paid, and by when, in 2024.
  • First-half of 2024 property taxes are due May 15 for most property classifications.
  • Payments after May 15 may be subject to penalties.

“Crow Wing County analyzed 2,200 real estate sales within the county that occurred between October 2022 through September 2023 to set the 2024 valuations,” Sandra Brueland, property assessor supervisor, said in a news release. “State law mandates the median sale ratio, which is the estimated market value divided by the sale price, be within 90% to 105%. We continued to see most buyers were willing to pay more for property than last year’s assessed value.”

“Even if your property increases in value, it does not automatically indicate that your property taxes will do the same,” Gary Griffin, Crow Wing County land services director, said in the news release. “The main reason taxes increase is due to government spending at the local level. County, school, city and township spending decisions determine how much property tax needs to be collected. Individual property valuations determine what portion each parcel of property will need to pay of the overall tax need in each taxing jurisdiction.”

Taxpayers are encouraged to contact the Land Services Department with any questions about their property’s valuation and classification, or their 2024 tax statement.

Taxpayers may contact Land Services at 218-824-1010 or landservices@crowwing.gov, or by visiting www.crowwing.gov.

Our newsroom occasionally reports stories under a byline of “Pineandlakes Echo Journal.” Often, the “Pineandlakes Echo Journal” byline is used when rewriting basic news briefs that originate from official sources, such as a city press release about a road closure, and which require little or no reporting. At times, this byline is used when a news story includes numerous authors or when the story is formed by aggregating previously reported news from various sources. If outside sources are used, it is noted within the story.

Send us your news or story ideas by emailing nancy.vogt@pineandlakes.com or calling 218-855-5877. Be sure to leave a message!





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *