2008 property taxes

Learn about help available for property taxpayers.

City 2008 Tax Rates

Includes Market Value and HRA levies.

Property taxes can be approximately calculated by dividing the city tax rate (listed below) by 100, then multiplying that number by the tax capacity value. In most cases, tax capacity value is 1% of a home’s market value. Please note: Minnetonka does not use special assessments for improvements.

Brooklyn Park
40.49
St. Louis Park
36.14
Apple Valley
35.65
Lakeville
34.18
Maple Grove
29.42
Eden Prairie
28.72
Minnetonka
27.62
Eagan
25.89
Plymouth
23.70

Tax Notices

Residents will receive two notices in March related to property taxes. One is the market value notice from the city, which will affect property taxes to be paid in 2009. The other is the property tax bill for 2008, which is mailed by Hennepin County and must be paid this year.

City Tax Bill

The city of Minnetonka continues to provide quality services at a reasonable price. The city provides a fuller range of municipal services than many other cities, and does not use special assessments to fund road and other improvements. Eight of every ten dollars in city property taxes paid support streets and public safety, and most of the remainder is spent on parks and natural resources. Nevertheless, the city’s tax rate remains among the lowest of comparable metro cities. Our residents continue to receive the high quality of services they have come to expect.