Harris v. County of Hennepin

OPINION

MEYER, Justice.

This case presents the question of whether property tax relief under Minnesota’s equalization relief statute should be calculated based on a property’s actual market value or its limited market value. The Minnesota Tax Court concluded that equalization relief is based on a property’s limited market value. We reverse.

The legislature has provided various mechanisms to alleviate the property tax burdens on certain classes of property. One form of relief is designed to alleviate the impact of unequal assessment among similarly situated, comparable properties, otherwise known…