Greetings!
There are three timely articles we are highlighting in this issue of The Advisor have a direct impact on you. First, the 2011 Omnibus Tax Bill included major changes in Minnesota's property tax system. The bill eliminates the Market Value Homestead Credit and replaces it with a change in the calculation of tax capacity. As the article explains, this "Homestead Credit Shift of 2011" will lead to widespread increases in property taxes, and the impact will vary widely across the state. Also, we recently introduced the Ehlers Budget Projection Model, which will help you to manage your next year's budget and develop reliable projections for future years.
Finally, we'dlike to introduce our newly redesigned website to you. We continueously are looking for ways to help you make sound decisions and to provide you with the tools you need to help you run your school district. Be sure to check it out and give us your ideas on what you'd like to see.
Steve Apfelbacher
President and CEO
[email protected]
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