Property tax over haul means schools get money from their districts

Grants | Legacy Digitization |
July 2, 2001
Mark Zdechlik - Reporter
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The Minnesota Legislature's decision to take local government OUT of basic school funding will mean massive property tax cuts for home and business owners. The tax bill also fundamentally changes tax policy, by shifting some of the property tax burden from businesses to homes. Supporters say Minnesota businesses will be more competitive, and local governments to be more accountable for their spending. Critics worry in the long run the changes will INCREASE property taxes for people who can least afford to pay. Minnesota Public Radio's Mark Zdechlik reports...

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