2010 property taxes
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Tax Notices
Residents will receive two notices this month related to property taxes. One is the market value notice from the city, which will affect property taxes to be paid in 2011. The other is the property tax bill for 2010, 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. Nearly 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.
2009 homeowner’s property taxes
The city of Minnetonka accounts for about one-fourth of a homeowner’s total property tax bill. The remainder is comprised of taxes for your school district (30 percent), county (35 percent), and other jurisdictions (9 percent).
