ISD No. 511 Adrian Public Schools    
November 7, 2023 Referendum    
Estimated Tax Impact Calculator    
Enter your parcel ID in the yellow box below and click update to see your estimated tax impact. For assistance in obtaining your Parcel ID, please use the link below:    
Nobles County Parcel Information    
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Taxpayer Name    
Estimated Market Value                        
(Taxes Payable 2024)    
School District Question 1    
The board of Independent School District No. 511 (Adrian), Minnesota has proposed a capital project levy authorization in the maximum amount of 3.1139% times the net tax capacity of the School District. The proposed capital project levy authorization will raise approximately $300,000 for taxes first levied in 2023, payable in 2024, and would be authorized for ten (10) years. The estimated total cost of the projects to be funded over that time period is approximately $3,000,000. The proposed authorization will provide funds for technology and safety security improvements; textbooks and curriculum-related equipment; and maintenance and renovation projects. The projects to be funded have received a positive review and comment from the Commissioner of Education. Shall the capital project levy authorization proposed by the board of Independent School District No. 511 (Adrian), Minnesota be approved?    
Annual Tax Impact    
Monthly Tax Impact    
School District Question 2    
Shall the board of Independent School District No. 511 (Adrian), Minnesota be authorized to issue general obligation school building bonds in an amount not to exceed $5,335,000 for acquisition and betterment of school sites and facilities including, but not limited to, roof system, playground,  parking lot, sidewalk and retaining wall improvements?    
Annual Tax Impact    
Monthly Tax Impact    
For agricultural land classified as 2a, 2b or 2c the Ag2School credit passed into law in May 2019 establishes  a 70% credit for taxes payable in 2023 and beyond on school district debt service levies including the proposed property tax levy for question 2. The tax impacts shown above are after the 70% reduction in taxes eligible for taxes payable in 2024 as a result of this credit. 
The tax calculator is intended for illustrative and informational purposes only. The figures shown above represent the estimated tax increase for the proposed referendum questions on property taxes payable in 2024. The calculations are based on current property tax laws. The valuation data is based on preliminary property values for taxes payable in 2024 provided by the counties which is believed to be accurate but not guaranteed. The tax impacts do not include other categories of the school district's property tax levy, nor does it include property taxes for other taxing jurisdictions. The calculation does not take into account any other applicable property tax refunds or deferrals for which a taxpayer may be qualified, or consider future potential changes in district wide property values, individual homeowner reassessment, state law changes and other factors.
Please contact one of the following for questions:    
Adrian ISD 511
PMA Securities, LLC      
Albertville, MN
Email Us      
Prepared for ISD No. 511 by PMA Securities, LLC with property data provided by Nobles County