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"OPERATING STRUCTURES" IS DEFINED TO MEAN ALL STRUCTURES OWNED OR <br />USED BY A RAILROAD COMPANY IN THE PERFORMANCE OF RAILROAD <br />TRANSPORTATION SERVICES,INCLUDINr WITHOUT LIMITATION, FRANCHISES, <br />BRIDGES, TRESTLES, TRACKS, SHOPS, DOCKS, WHARVES, BUILDINGS AND <br />OTHER RELATED STRUCTURES. ALL OPERATING STRUCTURES EXCEPT <br />RAILROAD BRIDGES, TRESTLES, TRACKS, DOCKS AND WHARVES, SHOULD BE <br />TAXABLE. <br />THE PRESENT SYSTEM FOR VALUING AND TAXING NON -OPERATING PROPERTY <br />SHOULD NOT BE CHANGED. <br />NO TAXING JURISDICTION SHOULD LOSE REVENUE BECAUSE OF THE CHANGE: <br />FROM THE EXISTING UNIT VALUE SYSTEM TO THE NEW LOCAL ASSESSMENT <br />SYSTEM. <br />-4 UNIT ASSESSED VALUE FOR BUDGETING <br />Due to fluctuating or decreasing state aids and credits and <br />increasing assessed values in property it is difficult for local <br />units to judg^ the impact of budget decisions on individual <br />property taxes. Only one or two counties in the Metropolitan Area <br />provide a close estimate of local units total assessed values in <br />time for use during the local budget process. <br />THE AMM URGES THE METROPOLITAN COUNTIES TO PROVIDE LOCAL UNITS <br />WITH AT LEAST A CLOSE ESTIMATE OF TOTAL ASSESSE) VALUE OF THAT <br />UNIT BY AUGUST 1ST. FOR USE DURING THE BUDGET PROCESS. <br />D-5 MALTING STRUCTURES PROPERTi CLASS <br />Recently a Minnesota Tax Court decision declared that portions of <br />the structures used in the process of converting grain into malt <br />were attached machinery and therefore exempt from real property <br />`,axa'ion. The impact of this decision on property taxes in <br />certain areas w'th"W 'concentration of malting operations is <br />significant. In addition the AMM is concerned that based on this <br />precedent the courts could extend the exemption to any structure <br />specifically designed for warehousing certain goods or commodities <br />such as grain elevators. The legislature has specifically <br />designated electric generating plants and equipment as real <br />;roperty subject to property taxes. Therefore, <br />THE AMM REQUESTS THE LEGISLATURE TO SPECIFICALLY DESIGNATE ALL <br />STRUCTURES USED IN THE PROCESS OF CREATING MALT FROM GRAIN AS <br />WELL AS STRUCTURE USED FOR STORAGE: AND DRYING GRAIN TO BE REA:. <br />PROPERTY SUBJECT TO PROPERTY TAXATION. <br />I-E ASSESSMENT EQUALIZATION <br />