Res 1994 - 16 Urging MN to Enact Changes in the State Property Valuation Tax Laws to Provide Fiscal Relief to Senior Citizens Overly Burdened by Property Valuation IncreasesCITX OI�' �0�� �EIGHTS
D�iKO'I'i# CO�N'1°%, bdgltTNESO'1'1�
�sor�v�aor� a�o. 94- i6
A RESOLIITION IIRGING THL STATF� OF blINNESOTA TO EN1s,CT C�ANGES IN
THFs STATE PROPERTY VALIIATION TAIC LAWS TO PROVIDL FISCAL RELIEF TO
SENIOR CITIZENS OVERLX BIIRDENED BX P1tOPER�'Y V�,LIIATION II�TCItEASEaS
�PHEREAS, residents of the City of Mendota Heights recently
received their 1995 property valuation statements from the Dakota
County Assessor's office; and
DPBEREAS, the median valuation increase for all residential
properties within the City of Mendota Heights is greater than five
percent; and
�PHEREAS, a number of properties within the City received
valuation increases far in excess of this median figure; and
DPHEREAS, many of those receiving such increases are senior
citizens who are living on fixed incomes and can ill afford the
added expenses such valuation adjustments will bring; and
DOHEREAS, the Minnesota Property Tax Refund "Circuit Breaker"
Program currently in effect is inadequate to effectively deal with
the negative fiscal impacts caused by valuation increases which
befall our senior population.
N0� THEREFORL, BE IT RESOLVED by the City Council of the City
of Mendota Heights, Dakota County that the leadership of the State
of Minnesota is encouraged to enact meaningful property tax reforan
legislation which would freeze the property tax valuation on any
homestead residential property owned and occupied by a person age
65 or older until such time as the property owner dies, or until
the property is either sold and/or substantially improved.
Adopted by the City Council of the City of Mendota Heights this 3rd
day of March, 1994.
CITY COUNCIL
CI'I'Y OF MENDOTA HEIGHTS
sy ��•� � G��,�P"�-�
Charles E. Mertensotto
Mayor
ATTEST:
�
K thleen M. Swanson
City Clerk