2013 Minnesota Mining Tax Guide
Mining Tax Guide SS J. A. Campbell in Taconite Harbor, ca. 1957-1964 (2005.0038.3318), Minnesota State Representative Fred A. Cina Papers, Iron Range Research Center, Chisholm, MN November 2013 2013 Distribution of Taconite Production Tax (2012 Production Year) Total Taconite Production Tax $102,633,021* Production tax is $2.465 per taxable ton. The average taxable tonnage was 38,310,339 tons. * Includes $8,428,275 from the State General Fund (22.0 cpt) cpt = cents per taxable ton Property tax Cities and townships School districts Counties IRRRB Other relief and misc. $13,893,864 $15,799,889 $14,270,998 $29,729,364 $16,493,071 $12,445,835 32.5 cpt 36.3 cpt 41.2 cpt 37.2 cpt 43.1 cpt 77.6 cpt City and Township Taconite School Regular IRRRB Fund** Taconite Economic Mining & Conc $0.0343 Fund** County Fund** Taconite Property $3,636,468 Development Fund Fund** $1,566,247 $9,000,065 Tax Relief $1,666,971 9.5 cpt $12,231,412 $2,066,752 4.1 cpt*** 23.5 cpt 31.9 cpt 5.4 cpt 4.4 cpt Regular School County Road and IRRRB $.1572 Fund** Bridge Fund** Fixed Fund Range Association Township Fund $6,908,326 $4,486,556 Public Works $1,252,520 of Municipalities & $1,223,128 18.0 cpt*** 11.7 cpt Projects 3.2 cpt Schools** 3.2 cpt $14,826,100 $137,802 Taconite Taconite 38.7 cpt Iron Range Higher Education Acct. 0.4 cpt Taconite railroad railroad $1,915,517 5.0 cpt Municipal Aid** $1,106,935 $784,377 2.0 cpt $6,355,475 2.9 cpt *** Producer Grant Hockey 16.6 cpt & Loan Fund Hall of Fame Building $3,176,600 $76,621 Maintenance Fund 8.3 cpt 0.2 cpt Taconite railroad $1,506,072 $591,142 3.9 cpt IRR Educational 1.5 cpt Revenue Bonds Taconite $1,411,925 Referendum** 3.7 cpt Mining effects** $3,091,236 $1,758,238 8.1 cpt Taconite Env.
[Show full text]