![Minnesota Property Taxes Set For 2015 Increase](http://townsquare.media/site/67/files/2014/03/Cash-300x199.jpg?w=980&q=75)
Minnesota Property Taxes Set For 2015 Increase
ST. PAUL, Minn. (AP) - Property taxes owed this year are set to increase by 3.4 percent on average statewide.
The Minnesota Department of Revenue released an analysis Friday showing a $286 million increase in planned property tax collections for 2015.
That's a slightly smaller increase from previous estimates released in the fall. But the statewide increase doesn't paint the whole picture of what taxpayers will see on their bills.
Lawmakers last year approved larger refunds and tax credits that may soften the blow. The actual increases vary widely by city, county and school district.
Property tax bills also factor in value, location and type of property.
More From AM 1240 WJON
![Rice Proposes 1.86% Decrease to City’s Tax Rate](http://townsquare.media/site/67/files/2020/07/Rice-City-Hall.jpg?w=980&q=75)
![Waite Park Proposing 6.1% Increase to 2022 City Tax Rate](http://townsquare.media/site/67/files/2019/01/Waite-Park-Council.jpg?w=980&q=75)
![Stearns County Takes Action on Penalty for Property Taxes](http://townsquare.media/site/67/files/2017/11/Money-stock-image.jpg?w=980&q=75)
![Stearns County to Offset 2018 Spending Increase Through Growth](http://townsquare.media/site/67/files/2016/05/Mike-Williams.jpg?w=980&q=75)
![Stay Informed on Tax Credits: School Supplies, Property Taxes, Credits for Farmers](http://townsquare.media/site/67/files/2013/07/tax-returns.jpg?w=980&q=75)
![‘Fine-Tuning’ Of Taxes Is In The Wind At Legislature](http://townsquare.media/site/67/files/2014/08/capitol.jpg?w=980&q=75)
![Stearns County Property Tax Deadline Approaching](http://townsquare.media/site/67/files/2011/11/Stearns-County-2.jpg?w=980&q=75)
![Stearns County Sets 2015 Budget, Levy](http://townsquare.media/site/67/files/2011/01/stearns_county.jpg?w=980&q=75)
![Officials Brace for Reaction to Property Tax Statements](http://townsquare.media/site/67/files/2010/12/tax_hike_large.jpg?w=980&q=75)