Mining Tax Guide
Mining Tax Guide 2019 2019 Distribution of Production Tax (Based on 2018 Production Year) Total Production Tax — $103,789,847* Production Tax per taxable ton – $2.751. Taxable tonnage – 34,934,314 tons. Property Tax Department of Iron Range Cities and Townships School Districts Counties Resources & Rehabilitation Other Relief and Misc. (IRRR) $12,253,888 $19,746,967 $12,049,363 $12,576,381 $9,420,461 35.1 cpt 56.5 cpt 34.4 cpt $37,742,787 27.0 cpt 36.0 cpt 108.0 cpt City and Township Taconite School Regular Taconite Property IRRR Fund** Taconite Economic Mining & Conc Fund** $0.0343 Fund** County Fund** Tax Relief $3,481,195 Development Fund $1,958,947 $1,450,450 $7,133,755 $12,576,381 10.0 cpt $9,224,587 5.6 cpt 4.1 cpt*** 20.4 cpt 36.0 cpt 26.4 cpt IRRR Fixed Fund Regular School Township Fund $1,252,520 $0.2472 Fund** County Road and $1,174,750 3.6 cpt $9,521,706 Bridge Fund** Range Association 3.4 cpt 27.3 cpt*** $4,131,231 Iron Range Higher of Municipalities & Schools** 11.8 cpt Education Acct. $126,006 Taconite Municipal Aid** Taconite Railroad $1,746,717 0.4 cpt 5.0 cpt $5,997,930 $1,106,935 Taconite 17.2 cpt 3.2 cpt*** Railroad Producer Grant & Loan Fund Hockey $784,377 $3,007,800 Hall of Fame 2.2 cpt Taconite Railroad Building Maintenance Fund 8.6 cpt $69,868 $591,142 $1,397,372 0.2 cpt 1.7 cpt 4.0 cpt Educational Revenue Bonds $3,990,384 Mining Effects** Taconite Referendum** 11.4 cpt $1,692,584 $6,178,596 4.8 cpt 17.7 cpt Iron Range School Cons.
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