This morning, the Blue Earth County Board of Commissioners approved a program to provide property tax relief through a waiver of the late payment penalty of first half property tax payments for eligible property tax payers from May 15 to July 15.
While most property taxpayers experiencing a financial hardship related to COVID-19 will qualify, the Health Pandemic Abatement excludes any properties with taxes that are escrowed. To qualify, taxpayers will need to submit a brief application online. Applications must be received no later than May 15, 2020. Continue reading “Blue Earth County Property Tax Penalty Waived Through July 15 for Qualifying Taxpayers”
With COVID-19 hitting businesses tremendously hard, all levels of government and other organizations have made a number of financial resources for businesses available. Below is a comprehensive list of those resources with links to where you can learn more. Continue reading “COVID-19 Business Loan/Grant Resources”
The late payment penalty for first-half property taxes for qualifying Nicollet County property owners who are financially impacted by the COVID-19 crisis has been waived from May 15 to July 15, 2020. Continue reading “Nicollet County Property Tax Penalty Waived Through July 15 for Qualifying Taxpayers”
On behalf of our business community, Greater Mankato Growth has been in discussions with County leadership in both Blue Earth and Nicollet Counties regarding concern we’ve heard from several business owners that they will have difficulty making their May 15 property tax payment. Discussions have focused on how counties could waive late payment penalties for property taxes in a way that targets the businesses most impacted, while also not jeopardizing the fiscal stability of our county, city and school district partners. On Tuesday this week both the Nicollet and Blue Earth County Boards will consider property tax deferral options. Continue reading “Property Tax Deferral”
As you’ve likely seen, state/federal/local governments are considering a number of policy options to support businesses during these unprecedented times. Greater Mankato Growth will do all we can to keep our business community up to date on the latest developments via this blog page and our COVID-19 resources page. Check back frequently as the policy situation is rapidly evolving.
In addition, Greater Mankato Growth in partnership with the Minnesota Chamber of Commerce is taking proactive measures to advocate for business support measures. This morning Greater Mankato Growth signed onto a letter with our chamber colleagues from across the state asking the state of Minnesota to do the following: Continue reading “GMG Advocacy on Business Support”
Greater Mankato Growth works hard to ensure that your membership investment creates value for your business. One of the way’s we do that is through our public affairs advocacy on key policy issues. In addition to pursuing our own advocacy agenda, GMG partners with the Minnesota Chamber of Commerce to support state-level policies that benefit the business community – and 2017 was a very successful year at the legislature.
From a reduction in the statewide property tax to a reduction in unemployment insurance taxes, every business will see savings from these legislative initiatives. In all, advocacy efforts advanced by the MN Chamber and supported by GMG generated nearly $4 billion in estimated business savings. Check out the infographic below for more details. Continue reading “Bang For Your Membership Buck”
Governor Dayton took action Tuesday on all the major bills sent to him – signing all the budget bills and tax bills to avoid a government shutdown. The Governor did veto a bill that would have preempted local governments from setting their own labor standards.
However, negotiations may not be done as Gov. Dayton line-item vetoed the House and Senate legislative budgets in an attempt to force them back to the table to negotiate some issues he has concerns with. Legislative leadership already has indicated that it will likely go to court to challenge Dayton’s line-item veto of the legislative appropriations as unconstitutional due to the separation of powers.
Continue reading “Tax Relief Signed Into Law”