In Minnesota, property taxes provide most of the funding for local government services. Carver County collects the taxes and distributes the money between the county, cities, townships, school districts and special districts such as the Metropolitan Council, Southwest Metro Transit, Water Maintenance Organizations, and the Metropolitan Mosquito Control District. Each property's share of taxes is determined according to its value, use, and the property tax levies. Assessors are responsible for estimating property values and setting property classification for tax purposes. State law requires that the value and classification of real estate be established as of January 2 each year. Property Assessment Department staff work throughout the year to estimate the market value of each property for the following January 2 assessment date. Every fifth year, an appraiser will physically review the property, both the interior and exterior. If the owner is not home, a door tag is left explaining the inspection process. The appraiser will still perform an exterior review at that time. In addition, all new construction, alterations or improvements will be viewed in the current year.
Certified Property Tax Levy
The Certified Property Tax Levy is the primary funding source for the County budget and the source of revenue over which the County has the most control. The levy request is determined by first applying all other funding sources against the costs for the budget year and then determining the amount needed to cover remaining costs. Once established, the property tax levy cannot be increased during the year. The County's annual budget includes the amount of property taxes levied for the year and estimated penalty fees.
The Property Taxation offers additional information on property taxes including the following:
More information on property taxes can also be found on the Minnesota Department of Revenue site.
Sales tax in Carver County is 7.375% throughout the county. The Minnesota Department of Revenue offers a Sales Tax Rate Calculator to determine the state and local general sales and use tax rates that apply to sales made in Minnesota.