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Truth in Taxation
December 2 @ 7:00 pm - 9:00 pm
The Brooklyn Park City Council will hold a public hearing on its 2020-2021 budget and on the amount of property taxes it is proposing to collect to pay for the costs of services the city will provide in 2020. All Brooklyn Park residents are invited to attend the public hearing of the City Council to express their opinions on the budget and on the proposed amount of 2020 property taxes. The hearing will be held on:
Monday, December 2, 2019 at 7 p.m.
Brooklyn Park City Hall
5200 85th Ave. N., Brooklyn Park, MN
If the discussion of the budget cannot be completed, a time and place for continuing the discussion will be announced at the hearing. You are also invited to send your written comments to:
City of Brooklyn Park, City Clerk’s Office
5200 85th Ave. N., Brooklyn Park, MN 55443
Email to: email@example.com
What is Truth in Taxation?
“Truth in taxation” (TnT) is a process first enacted by the legislature in 1988 to enhance public participation in Minnesota’s property tax system. You can read more about it here.
The TnT process consists of these three components:
- Each local government is required to formally adopt a “proposed levy” in September for the upcoming year; the final levy, when ultimately adopted, may not exceed the proposed levy.
- County auditors generate parcel-specific notices of proposed taxes for all parcels of property based on the proposed levies.
- Each local government is required to hold a public meeting after the notices come out where budget and tax issues are discussed, and where public testimony must be allowed, prior to adopting its final levy.
TnT has a goal of improving accountability by focusing taxpayers on the relationship between budget decisions and property taxes, and providing taxpayers with a greater opportunity to become involved in the local government budgeting process.