Webinar: MVHC Changes—Q&A for Cities

Here is a link to the League of Minnesota Cities webinar on the elimination of the Homestead Credit and the creation of the Market Value Exclusion.

Hear are my thoughts:

• Local governments get beat up by the state, yet again.
• We are really fortunate that Rochester is conservative with TIF.
• This really is going to hurt local for-profit businesses that own property.
• There is a reason why the state credit rating was downgraded and Rochester’s was not…