Archive for July, 2010
CLICK any photo for the full size version. Additional photos are featured in the photo slideshow at the bottom of this post! If all of the photos don’t show up, please refresh your page.
Noon: It is a gray day at The Wilds – not much wind, no rain for the moment.
An article from the 7-15-10 issue of Finance and Commerce and arranged by NAIOP.
By Mark Haveman, Executive Director, Minnesota Taxpayers Association
A recent report by the League of Minnesota Cities painted a picture of severe fiscal stress compounded by property tax levels that are becoming intolerable. While there is no doubt that city governments are facing tremendous budget challenges, it’s much more difficult to assess whether residential property tax burdens really are exceeding thresholds of affordability. Until recently, information that linked property taxes paid to actual homeowner income was not available. But thanks to a report released by the Minnesota Department of Revenue earlier this year, information is now available providing important perspective on how significant the ability-to-pay problem really is.
Tom Emmer, endorsed Republican candidate for governor, is a blunt-speaking lawyer with lots of opinions on what’s gone wrong with Minnesota state government. But he may not have been fully prepared for more than 30 equally blunt-speaking members who were invited to join him at one of his “listening tour” whistle stops, held at NAIOP’s headquarters.
Emmer didn’t pussyfoot around when assessing what has brought the state to its budgetary brink, and the fast-approaching legislative session faced with the daunting task of solving a deficit of historic proportions. (more…)