TAX IMPACT
TAX IMPACT
Estimated tax impact of the referendum amount provided by District financial consultant Ehlers Public Finance Advisors.
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What Will It Cost Me?
What Will It Cost Me?
Use the charts and tax calculator to determine your monthly and annual tax impact.
Tax Calculator
Tax Calculator
Grab your tax bill and use the calculator to find your tax impact. Click the button below:
Did You Know?
Did You Know?
Battle Lake has the lowest school tax levy amount compared to surrounding school districts.
Residential
Residential
Commercial
Commercial
Agricultural Homestead
Agricultural Homestead
Agricultural
Non-Homestead
Agricultural
Non-Homestead
Seasonal Recreational Residential
Seasonal Recreational Residential
Estimated Source of Payments for Bond
Estimated Source of Payments for Bond
Our seasonal/recreational neighbors and property owners will contribute about 55% of the project's cost, around $16,786,000 plus interest. This significantly reduces the financial load on our community residents.
Do You Own Agricultural Land?
Do You Own Agricultural Land?
If you own agricultural land and the referendum were to pass, you would receive the Minnesota Ag2School Tax Credit.
The Ag2School Tax Credit is an automatic 70% property tax credit for owners of agricultural land. (It does not include the house, garage, and one acre surrounding the agricultural homestead.)
This tax credit reduces the burden for agricultural property owners on existing and future school building bonds.
This tax credit program is not a tax deduction – it is an automatic dollar-for-dollar credit.
There is no application to receive the Ag2School credit. The credit is reduced automatically on the agricultural landowner’s property tax bill.
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