2025 Session Last amended: 2011 session

§ 274.175 — Values Finalized

Plain-Language Summary

Property assessments become final on July 1 of the assessment year, and no changes in value are allowed after that date except for narrow clerical corrections and certain special assessments. This deadline gives both property owners and taxing authorities certainty about the values that will be used to calculate the tax bill.

274.175 VALUES FINALIZED.

The assessments recorded by the county assessor and the county auditor under sections 273.124, subdivision 9; 274.16; 274.17; or other law for real and personal property are final on July 1 of the assessment year, except for property added to the assessment rolls under section 272.02, subdivision 38, and assessments certified to the auditor under sections 270.87; 273.33, subdivision 2; 273.37, subdivision 2; and 273.3711 or deleted because of tax forfeiture pursuant to chapter 281. No changes in value may be made after July 1 of the assessment year, except for corrections permitted in sections 273.01 and 274.01, or assessments certified to the auditor under sections 270.87; 273.33, subdivision 2; 273.37, subdivision 2; and 273.3711.

History:

1Sp1989 c 1 art 9 s 30; 1990 c 480 art 7 s 16; 2009 c 88 art 10 s 14; 2011 c 112 art 3 s 8

History: History: 1Sp1989 c 1 art 9 s 30; 1990 c 480 art 7 s 16; 2009 c 88 art 10 s 14; 2011 c 112 art 3 s 8

Practical Notes

If you believe your property’s assessed value is wrong, you must act before July 1 of the assessment year by going through the local and county board appeal process. Waiting until after July 1 generally means you cannot change the value for that year’s taxes. Limited exceptions exist for homestead corrections and certain state-certified assessments.

Source: Minnesota Office of the Revisor of Statutes