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SECOND HALF OF MINNESOTA PROPERTY TAXES DUE

 ST. PAUL, Minn., Oct. 5 /PRNewswire/ -- The deadlines for property owners to pay the second half of their property taxes are Oct. 15 for non-farm property and Nov. 15 for farm property, the Minnesota Department of Revenue said today.
 Payment may be made in person at county treasurers' offices or by mail. Payment must be postmarked no later than the date it is due.
 Approximately 60 percent of Minnesota's property owners handle payment of their property taxes themselves. The remaining property owners include an amount to cover property taxes in their monthly mortgage payments to banks or other financial institutions, which forward the money to the counties.
 In 1986, the Legislature gave farm property owners an extra month to pay property taxes without penalty because of the poor farm economy and common delays in harvesting and marketing crops due to unpredictable autumn weather. This extension is still in force.
 In Minnesota, property taxes collected by county treasurers are used entirely to fund local governments and schools.
 -0- 10/5/93
 /CONTACT: Leslee Ellen Lane, Communications Division, Minnesota Department of Revenue, 612-296-0193 or 800-657-3595/


CO: Minnesota Department of Revenue ST: Minnesota IN: SU:

CP-DS -- MN013 -- 8886 10/05/93 13:06 EDT
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Publication:PR Newswire
Date:Oct 5, 1993
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