The Free Press, Mankato, MN

Local News

January 22, 2013

Area legislators’ reaction to Dayton's proposal largely partisan

(Continued)

MANKATO —

In Blue Earth and Nicollet counties, just 1 percent of taxpayers would be impacted by the income tax hike on high earners. In Rochester’s Olmsted County, by contrast, 2.4 percent of earners would be impacted.

More than 3,500 Mankato-area college students would see the $300 bump in their state grants, Mankato Area Public Schools would see $184 more per student in state funding and homeowners would see double-digit reductions in property taxes in Nicollet County (down 13.4 percent) and Blue Earth County (down 11 percent), according to the governor’s office. A typical Blue Earth County household with a median family income of $68,000 and a home valued at $162,000 would see no increase in income taxes and a $517 reduction in property taxes.

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