ISD No. 77 Mankato Area Public Schools    
November 7, 2023 Bond Referendum    
Estimated Tax Impact Calculator    
Enter your parcel ID without "." or "-" in the box below and click update to see your estimated tax impact. For assistance in obtaining your Parcel ID, please use the link below:    
Blue Earth County Parcel Information    
Le Sueur County Parcel Information    
Nicollet County Parcel Information    
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(Taxes Payable 2024)    
       
School District Question 1    
Shall the board of Independent School District No. 77 (Mankato Area Public Schools), Minnesota be authorized to issue general obligation school building bonds in an amount not to exceed $105,000,000 for acquisition and betterment of school sites and facilities including, but not limited to, safety and security improvements at buildings districtwide, improvements to support early childhood learning, a swimming pool addition in the west attendance area, and improvements to Mankato West High School?    
Annual Tax Impact    
Monthly Tax Impact    
       
School District Question 2    
If School District Question 1 is approved, shall the board of Independent School District No. 77 (Mankato Area Public Schools), Minnesota be authorized to issue general obligation school building bonds in an amount not to exceed $15,000,000 for acquisition and betterment of school sites and facilities including, but not limited to, stadium facility improvements at Mankato East High School and Mankato West High School?    
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. 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:    
Mankato Area Public Schools
   
507-387-1868      
     
PMA Securities, LLC
   
Albertville, MN      
Email Us      
Prepared for ISD No. 77 by PMA Securities, LLC with property data provided by Blue Earth, Le Sueur and Nicollet Counties