Instructions for the Spring Mini Abstract Property Tax Division

Instructions for the 2007 Spring Mini Abstract Property Tax Division INSTRUCTIONS FOR THE 2007 Spring Mini Abstract The instructions are divided into thirteen sections: Section I Section II Section III Section IV Section V Section VI Section VII Section VIII Section IX Section X Section XI Section XII Section XIII Changes and Important Notes Electronic File, Printout and Submission Guidelines Record Identification Entries Estimated Market Values Agricultural Data Agricultural Market Values Non-Agricultural Market Values Miscellaneous Data Non-Farm Land and Building Market Values Total New Improvements Plat Exclusion Values Estimated Market Value of Class Shifts Limited Market Value Reductions Section I Changes for 2007 and Important Notes The 2007 Spring Mini Abstract has the same basic layout as the 2006 Fall Mini Abstract. Changes from the 2006 Spring Mini Abstract are noted below. Changes for 2007: 1. New Submission Instructions!! E-mailing a file is no longer an option for submission. A new procedure using the DOR Electronic Data Exchange is described below in Section II - Electronic File, Printout, and Submission Guidelines. 2. Item 415 has been added to the abstract for the final estimated market value of all land classified as apartments. The market value entered here is that portion of value reported in item 230 representing land only. Item 230 consists of apartments - 4 or more units (item 200), nonprofit community service and student housing (item 205), and qualifying low income rental housing (item 225). Item 418 is for the final estimated market value of all buildings classified as apartments. The market value entered here is that portion of value reported in item 230 representing buildings only. 3. Two new class shift items have also been added to the abstract. Item 890 is for the estimated market value of 2006 fall mini abstract class shifts – all other property, and item 990 is for the estimated market value of 2007 spring mini abstract class shifts – all other property. Other Important Notes: 1. First Year Increase Due to Platting: The increase in estimated market value for the first year only due to platting when those parcels were not reclassified should be entered in Items 700 through 795. After the first year, the value increase will be included in both the fall and spring abstracts, so no adjustment is needed. 2. Class Shifts: Estimated market value of properties which changed classification should be entered in Items 800 through 990. The value as entered on the 2006 Fall Mini Abstract, before the class change, should be entered in Items 800 through 890. The value reflected on the 2007 Spring Mini Abstract, after the class change, should be entered in Items 900 through 990. We will use the following comparisons to calculate local effort on the five-year history report: Estimated market values from the 2007 Spring Mini (excluding new improvements, excluding ag preserves, excluding 2007 values from the second class shift column and excluding first year EMV increase due to platting) will be compared to estimated market values from the 2006 Fall Mini (excluding ag preserves values from the 2006 Fall Mini and excluding 2006 values from the first class shift column reported on the 2007 Spring Mini). Remember that four instances should not be treated as class shifts: residential to cabin, cabin to residential, commercial to industrial, and industrial to commercial. The following situations should be treated as a class shifts: exempt to taxable, taxable to exempt, real property to personal, personal property to real, and annexation of parcels (unless the entire city or township is being annexed). Please see the information entitled “Local Effort Calculation and the Mini Abstracts,” also posted on this web site, for more information concerning these fields. 3. The limited market value reduction fields, Items 1000 to 1060, may be zero-filled on the Spring Mini Abstract. 4. Economic development partial exemptions: The Legislature has partially exempted from property taxes certain properties or portions of properties that are inside border city development zones, Job Opportunity Building Zones, Ag Processing Facility Zones, or outside of border city development zones. The estimated market value on the 2007 Spring Mini Abstract should include all of these exempted values. 5. Except where green acres (low) values, open space deferments or plat law exclusions are specifically requested, all market values on the 2007 Spring Mini Abstract are estimated market value. Estimated market values are before any deferments, reductions, limitations, exclusions, or exemptions under the green acres, open space, plat law, mold or lead mitigation, limited, Job Zone, “This Old House,” “This Old Business,” and border city development zone exemption provisions. 6. Please note the following if you have green acres and platting on the same parcel: 1) The green acre value (value after deferment) for these parcels will not include any of the increase in value due to platting, and 2) Item 290 (green acres farm land - high value) for these parcels will equal the estimated market value minus plat exclusion value. 2 7. HGA treatment: The estimated market value for the house, garage and one acre (HGA) on nonhomestead farm property, as well as the second or third HGA on a farm homestead is to be included in items 180, residential non-homestead market value, and 190, total residential, on the Mini Abstract. 8. New improvement values are to be included in all values on the abstract. They are also to be reported separately in the second column headed "Total New Improvements". The new improvement values should include building value and site improvement value. Please note that the total new improvements reported in items 460 through 575 are to reflect the total new improvement value even though a portion of that value may be excluded due to the “This Old House” or “This Old Business” provisions. 9. Property NOT reported: Please note that personal property, manufactured homes not qualifying as real estate, minerals, railroad operating property, and public utility values, whether state or locally assessed, are NOT to be reported on the mini abstract. Be sure these values are excluded from the total market values reported on the mini abstract. Locally assessed railroad non-operating properties are to be included with commercial property on line 240. 10. Please remember that the total current tax increment district value must be included in the values recorded. Section II Electronic File and Submission Guidelines Please call our office if you encounter a problem in meeting any of the requirements for the file or the printout. In most cases we should be able to come up with something that will work for you while still meeting our needs. Electronic File Sending Spring Mini Abstract Data via email is no longer an option for submission. The preferred method is to login to the DOR web site using the DOR Electronic Data Exchange facility described below. All data must be in ASCII format. All fields must be in character format. All data must be right-justified with leading zeros. Fields with no value must be zero-filled Record identification fields must contain no blanks. The file should contain one record of information for each city and township. A county total record must also be included. The city/town code on the county total record must be nine-filled. The record length is 1422. Web Login – Electronic Data Exchange (EDE) The Property Tax EDE address and more detailed instructions are found at: 3 http://www.taxes.state.mn.us/taxes/property_tax_administrators/other_supporting_content/ede.shtml Login using your supplied login and password. Note: you will need to change your password the first time you login. Your login info will be sent separately. Click Send a File and select Spring Mini Abstract. Click the Browse… button to identify the file to submit from your local hard drive or network. Add a comment about the data submission if appropriate. You may click View Files Sent to see a list of files submitted and their receipt status (receipts are maintained for two weeks). Logout when finished. For password issues only, contact: Efile.Support@state.mn.us (For file format issues and other questions, contact: Jonetta Feiner at: jonetta.feiner@state.mn.us or 651-556-6097.) IMPORTANT: You are responsible for maintaining the integrity and security of your DOR login. o o o o Keep passwords secure Change passwords regularly Change passwords in the event of a personnel change If you require additional logins please email: Efile.Support@state.mn.us We will confirm receipt of your mailed data by e-mail. If you are unable to send us a file using the DOR Electronic Data Exchange facility, a diskette or CD is acceptable. Regardless of how you send your electronic data, a computer printout that follows the enclosed printout format must also be submitted. If problems occur in reading your file, the printout will be used as a backup. Printout The only required page to be submitted for the Spring Mini Abstract printout is the county grand total page. We will use it to verify that the electronic data is correct. It must follow the printout format that is enclosed. The county name must appear on the printout, but it is acceptable to abbreviate the headings or title in a manner that would make the printout easier to generate. Please be sure the item numbers on your printout for any given item are the same as those shown for that item on our format. All items must appear and be in order even if your county does not have value for each of them. You may continue to send the entire printout if you prefer. The Assessor’s certification must accompany the printout. Mailing Printouts and assessor certifications (and any CDs or diskettes) must be mailed to the address below. When mailing a diskette or compact disc, please use a mailer designed for that purpose. We have received improperly wrapped diskettes that were damaged and therefore unusable. Mailing address (for submission of abstracts only): Minnesota Department of Revenue Property Tax Division P.O. Box 64451 St. Paul, Minnesota 55164-0451 4 Faxing Printouts and assessor certifications may be faxed to (651) 556-3128. Section III Record Identification Entries The required file layout for submitting the 2007 Spring Mini Abstract electronic file has been posted. The Spring Mini Abstract file should contain one record for each city or township in your county. A county total record must also be included. Do not include any records for total cities or total townships on the electronic file. Both the Spring Mini Abstract electronic file and the printout are to include record identification entries as described below. The first six characters of each record on the file are intended as the record identification fields. All city/town records as well as the county total record must contain appropriate data in these fields. Item 1: County Code Characters 1 and 2 should contain the county code. All records for a county will have the same twodigit code. For example, Carlton County would show 09 and Ramsey County would show 62 on each record, etc. The printout will also list this two digit county code in the upper left corner. The county code for the county total record is the two-digit county code. Item 2: City/Township Code Characters 3 through 6 should contain our four-digit city/town code. All townships begin with two zeros and all cities end with two zeros. The city/town code contained on any given record is to be the four-digit code for that city as shown on the code listing that you previously received from our office. The city/township code for the county total record is '9999'. Section IV Item 10: Land Estimated Market Values Enter the final estimated market value of all taxable land, both agricultural and non-agricultural. For those counties with "green acres" land, the amount listed here should include the estimated market value (before any green acres deferment). Do not include any state assessed railroad land values, any mineral values or any public utility land values. Item 20: Buildings and Improvements Enter the total final estimated market value of all buildings and other improvements classified as real property, both agricultural and non-agricultural. Do not include any public utility values or railroad operating property values. 5 Item 30: Total Estimated Market Value Enter the sum of the final estimated market value of land, buildings and other improvements reported in 10 and 20. This total must not include any public utility values, mineral values or railroad operating property values. Section V Agricultural Data Item 40: Number of Acres of Deeded Farm Land Enter in this item only that portion of land devoted exclusively to agricultural pursuits and the acreage on which the buildings related to agricultural activities are located. This includes acreage devoted to roads, drainage ditches, etc., of the affected property and any exempt wetlands or native prairie acreage; in other words, exactly that which is on the legal description. The acreage of land classified as timberland or seasonal residential recreational property should not be included. Note: Be sure to round total deeded acres to the nearest whole number. Do not show decimal amounts on the printout or electronic file. Item 50: Number of Acres of Tillable Farm Land Enter the number of tillable farm land acres in item 50. Tillable farm land is defined as land normally used in the production of cash crops or animal feed. Include tillable land that would be used primarily for such production but is currently lying fallow or that has been set aside under federal or state programs such as RIM, CRP, and CREP. Properties within these programs are only included if they continue to be valued as tillable farm land. Also include the number of green acres that are tillable. Do not include all the green acres, only those that are tillable. Do not include native haylands, sloughs, permanent pasture lands, timberlands, native prairie, or wetlands. Also, do not include the value of the one acre that the house is on. Note: Be sure to round total tillable acres to the nearest whole acre. Do not show fractional amounts. Item 60: Total Value of Tillable Farm Land Enter the total estimated market value for tillable farm land. However, for green acres properties, this value will be the green acres (low) value amount shown in item 300, associated with the tillable green acres. Do not report the entire amount of value shown in item 300, only that portion that is tillable green acres market value. Also include the value of would-be tillable land that has been set aside under federal or state programs such as RIM, CRP, and CREP. Item 70: Farm - House, Garage, and 1 Acre Enter the total final estimated market value of the farm house, garage, and one acre of properties classified as agricultural homestead. Do not include any other agricultural homestead or any nonhomestead property values. Item 80: Number Acres of Timberlands (Class 2b) Enter the number of acres of class 2b timberlands property. Do not show any decimal amounts. 6 Item 85: Farm Land before Green Acres Deferment Enter in item 85 the final estimated market value of farm land, exclusive of structures, which is directly related to agricultural pursuits. For green acres land, the value shown here is the estimated market value before green acres deferment (the high value). Do not include timberlands, seasonal residential recreational property, or any exempt wetlands, or native prairie values. Do not include the value of the one acre associated with a non-homestead house and garage; this value belongs in item 180 - residential non-homestead, item 190 - total residential, and item 400 - residential land. Item 90: Farm Land after Green Acres Deferment Enter in item 90 the final estimated market value of farm land, exclusive of structures, which is directly related to agricultural pursuits. For green acres land, the value shown here is the estimated market value after green acres deferment (the low value). Do not include timberlands, seasonal residential recreational property, or any exempt wetlands, or native prairie values. Do not include the value of the one acre associated with a non-homestead house and garage; this value belongs in item 180 - residential non-homestead, item 190 - total residential, and item 400 - residential land. Item 100: Total Farm Buildings Including Homestead Residence Enter the final estimated market value of the homestead residence, garage and other buildings which are located on the land recorded in item 90. Any non-homestead house and garage value should not be included in item 100. These "non-homestead residences," should be included in items 180 - residential non-homestead, 190 - total residential, and item 410 - residential buildings. Section VI Agricultural Market Values Item 110: Total Farm Homestead Market Value (Class 2a and 1b) Enter the final estimated market value of farms classified as homestead property. For those properties qualifying under green acres, the value shown should be the estimated market value (before any green acres deferment). Item 120: Total Farm Non-Homestead Market Value (Class 2b and 1d) Enter the final estimated market value of farms classified as non-homestead property. Do NOT include the value of any non-homestead house, garage and one acre value. For those properties qualifying under green acres, the value shown should be the estimated market value (before any green acres deferment). Also enter in item 120 the final estimated market value of migrant housing structures. Item 130: Total Farm Market Value Enter the final estimated market value of farms, the sum of items 110 and 120. If green acres properties are involved here, this item will not equal the sum of items 90 and 100 since those items reflect the green acres value (after deferment). Item 140: Timberlands (Class 2b) Enter the final estimated market value of all land that is classified as timberlands. Item 150: Non-Commercial Seasonal Residential Recreational Property [Class 4c(1)] 7 Enter the final estimated market value of non-commercial seasonal residential recreational property. Seasonal residential recreational property used commercially is reported in item 260. This item is the sum of items 380 and 390. Item 160: Total Agricultural Market Value Enter in this item the sum of the estimated market value of all property classified as agricultural: items 130, 140 and 150. Section VII Non-agricultural Market Values Item 170: Total Residential Homestead Market Value Enter in this item the sum of the final estimated market value of all property classified as residential homestead. Item 180: Total Residential Non-Homestead Market Value Enter in this item the sum of the final estimated market value of all property classified as residential non-homestead. Include the value of the house, garage and first acre on farm non-homestead property (the non-homestead residences, Class 4b or 4bb). Item 190: Total Residential (Class 1a, 1b, 4b and 4bb) This item is the sum of Items 170 and 180 as well as the sum of Items 400 and 410. Enter the final estimated market value of all residential property. Include both residential homestead and nonhomestead residential property with 1-3 units, as well as the market value of all non-homestead residences. Non-homestead residences include the house, garage and first acre on farm non-homestead property (4bb), and the second or third HGA on a farm homestead (4b). Include non-agricultural homestead manufactured homes which are classified as real property (i.e., a manufactured home that is located on the owner's land and meets certain criteria). Manufactured homes continuing to be classified as personal property are not to be included in this abstract. The homestead portion of commercial seasonal residential recreational property (class 1c) is also to be included. Do not include noncommercial seasonal residential recreational. For split classifications (i.e., residential homestead/commercial), only the value of the homestead is included in this item. Item 200: Apartments - 4 or More Units (Class 4a) Enter the combined final estimated market values of class 4a apartments of 4 or more units including for-profit hospitals licensed by the state and non-exempt nursing homes. Please note: The value of any units classified as homesteads should be reported in Item 190. Item 205: Nonprofit Community Service, Student Housing [Class 4c(3), 4c(4)] Enter in item 205 the land and structure estimated market value for post-secondary student housing of not more than one acre of land that is owned by a non-profit corporation, exclusively used by a student cooperative, sorority, or fraternity for housing and is located within two miles of the border of a college campus. 8 Item 205 should also include the final estimated market value of structures and land up to a maximum of one acre that is owned by non-profit community service oriented organizations which were not used for revenue-producing activities more than 6 days in the calendar year proceeding the year of assessment. Item 225: Qualifying Low-Income Rental Housing (Class 4d) Enter in item 225 the land and structure estimated market value of rental housing which meets the criteria as specified in M.S. 273.128. Item 230: Total Apartment Enter the sum of items 200, 205 and 225. This item is the sum of items 415 and 418. Be sure you do not include Item 235 in this total. Item 235: Manufactured Home Parkland [Class 4c(5)] Enter the final estimated market values of manufactured home park land, regardless of the number of lots in the park. Item 240: Commercial Land and Buildings [Class 3a, 3b, 4c(2)] This item is the sum of items 420 and 430. Enter the final estimated market value of land and buildings whose primary use is commercial. Include the portions of buildings classified as commercial or as commercial seasonal residential recreational property (exclude portions classified as a homestead) that are used for commercial purposes more than 250 days a year. Telephone operating property is included in this item; however, do not include the value of tools, implements, machinery, equipment, poles, lines, cables, wires, conduit or station connections which are part of a telephone communications system, regardless of attachment to or installation in real property and regardless of size, weight, or method of attachment or installation. Border city development zone commercial property, parking ramps, airport properties, and locally assessed railroad non-operating properties are also included. Also enter in item 240 the final estimated market value of land and buildings of any golf courses qualifying as class 4c property under M.S. 273.13, Subd.25(d)(2). Item 250: Industrial Land and Buildings (Class 3a, 3b) This item is the sum of items 440 and 450. Enter the final estimated market value of land and buildings whose primary use is industrial. This includes border city development zone industrial property. Also included are land and buildings owned by a refinery and devoted to refining operations. Item 260: Commercial Seasonal Residential Recreational [Class 1c, 4c(1), 4c(6)] Enter the final estimated market value of qualifying commercial seasonal residential recreational property. Any portion of commercial seasonal residential recreational property actually classified as homestead, should be included with the value in items 170 and 190. Any portion of the property which is operated as a gift shop, bar, restaurant, or other nonresidential facility not directly related to temporary and seasonal residential occupancy should be entered in item 240. Golf courses qualifying as class 4c property under M.S. 273.13, Subd.25(d)(2) should also be entered in item 240. Item 265: Bed and Breakfast Up to Five Units [Class 4c(9)] 9 Enter the final estimated market value of bed and breakfast units up to five units qualifying as class 4c(9). Item 270: All Other Property Enter the final estimated market value for all other property not included in any other class. Item 280: Total Non-Agricultural Market Value Enter on line 280 the sum of lines 190 and 230 through 270. Section VIII Miscellaneous Data Item 290: Green Acres Farm Land - High Value Enter the total estimated market value of all green acres farm land (value before the green acres deferment). Do not include any other farm value in this item. This value was included in items 10, 85, 110, and 120. This value should be the highest and best use for farm land that is under the green acres provision. If some parcels contain land that is not in the green acres program, its value should not be reported here. For parcels with both green acres and plat exclusion value, the number shown in item 290 should be the estimated market value minus the plat law exclusion value shown in item 590 or 600. Item 300: Green Acres Farm Land - Low Value Enter the total green acres value of all green acres farm land (value after the green acres deferment). This value is the market value that is subject to ad valorem levy. All or a portion of this value is also included with values shown on lines 60 and 90. Do not include any other farm land value in this item. If some parcels contain land that is not in the green acres program, its value should not be reported here. If a green acres parcel also comes under the plat law, the value shown in item 300 for that parcel should be the green acres value (which is after green acres deferment and excludes the entire increase due to platting). Item 310: Green Acres Tillable Farm Land - Low Value Enter the total green acres value of all tillable green acres farm land (value after the green acres deferment). The value reported in item 310 reflects the portion of market value reported in item 300 associated with tillable green acres. Item 320: Number of Acres under Green Acres Enter the total number of deeded acres of farm land under the green acres provision. The number of green acres reported in this item should include only those green acres that have a green acres deferment value. For example, if an 80 acre farm has 10 acres enrolled in the green acres program, only report 10 in item 320. Note: Be sure to round acres to nearest whole acre. Do not show fractional amounts. Item 330: Number of Tillable Acres under Green Acres 10 Enter the total number of deeded acres of tillable farm land under the green acres provision. The number of green acres reported in this item should include only those green acres that have a green acres deferment value and are tillable. Note: Be sure to round acres to nearest whole acre. Do not show fractional amounts. Item 340: Agricultural Preserves Value Enter the value of the land and non-residential buildings under the Agricultural Preserves Program. This program applies only to the seven metropolitan area counties. Do not include any value of land under the County Conservation program. Item 350: Number of Acres under Agricultural Preserves or County Conservation Program Enter the number of deeded acres of land under the Agricultural Preserves Program (seven metropolitan counties only), or the number of deeded acres of land under the County Conservation Program. Note: Be sure to round acres to nearest whole acre. Do not show fractional amounts. Item 360: Open Space Deferment - Commercial Enter the amount of estimated market value that is deferred under the open space law (M.S. 273.112) for properties classified as commercial. Item 370: Open Space Deferment - Commercial Seasonal Residential Recreational Enter the amount of estimated market value that is deferred under the open space law (M.S. 273.112) for properties classified as commercial seasonal residential recreational. Section IX Non-farm Land and Building Market Values Item 380: Non-Commercial Seasonal Residential Recreational Land (Class 4c) Enter the final estimated market value of all land classified as non-commercial seasonal residential recreational. The market value entered here is that portion of value reported in item 150 representing land only. Item 390: Non-Commercial Seasonal Residential Recreational Buildings (Class 4c) Enter the final estimated market value of all buildings classified as non-commercial seasonal residential recreational. The market value entered here is that portion of value reported in item 150 representing buildings only. 11 Item 400: Residential Land (Class 1a, 1b, 4b, and 4bb) Enter the final estimated market value of all land classified as residential. (Do not include noncommercial seasonal residential recreational.) The market value entered here is that portion of value reported in item 190 representing land only. Item 410: Residential Buildings (Class 1a, 1b, 4b, and 4bb) Enter the final estimated market value of all buildings classified as residential. (Do not include noncommercial seasonal residential recreational.) The market value entered here is that portion of value reported in item 190 representing buildings only. Item 415: Apartment Land [Class 4a, 4c(3), 4c(4), 4d] Enter the final estimated market value of all land classified as apartment. The market value entered here is that portion of value reported in item 230 representing land only. Item 418: Apartment Buildings [Class 4a, 4c(3), 4c(4), 4d] Enter the final estimated market value of all buildings classified as apartment. The market value entered here is that portion of value reported in item 230 representing buildings only. Item 420: Commercial Land (Class 3a, 3b, and 4c) Enter the final estimated market value of all land classified as commercial. The market value entered here is that portion of value reported in item 240 representing land only. Item 430: Commercial Buildings (Class 3a, 3b, and 4c) Enter the final estimated market value of all buildings classified as commercial. The market value entered here is that portion of value reported in item 240 representing buildings only. Item 440: Industrial Land (Class 3a and 3b) Enter the final estimated market value of all land classified as industrial. The market value entered here is that portion of value reported in item 250 representing land only. Item 450: Industrial Buildings (Class 3a and 3b) Enter the final estimated market value of all buildings classified as industrial. The market value entered here is that portion of value reported in item 250 representing buildings only. Section X Total New Improvements Note: The new improvement market value should be reported according to the actual use of the new improvement. New improvement values reported on the mini abstract will include any new improvement value that is excluded under "This Old House" or “This Old Business.” However, it is only considered a new improvement the first year of existence. 12 Item 460: Total New Improvements Enter in item 460 the total estimated market value of all new improvements reported in items 470 through 575. Item 470: Farm Homestead (Class 2a and 1b) Enter the new improvement market value of the farm homestead residence, garage and other farm homestead properties. The amount reported in item 470 is the new improvement amount associated with the market value reported in item 110. Item 480: Farm Non-Homestead (Class 4b and 1d) Enter the new improvement market value of non-homestead farm property. Do not include any new improvement market value of any non-homestead "residence." The amount reported in item 480 is the new improvement amount associated with the market value reported in item 120. New improvement amounts associated with migrant housing should be reported here. Item 490: Non-Commercial Seasonal Residential Recreational (Class 4c) Enter new improvement market value of non-commercial seasonal residential recreational property. The amount reported in item 490 is the new improvement amount associated with the market value reported in item 150. Item 500: Residential Homestead (Class 1a and 1b) Enter the new improvement market value of non-agricultural homestead property. Include in this item the new improvement value of the homestead portion only of any split classification property. The amount reported in 500 is the new improvement amount associated with the value reported in item 170. Item 510: Residential Non-Homestead (Class 4b and 4bb) Enter the total new improvement market value of the house, garage and one acre located on farm nonhomestead properties, and residential non-homestead (3 or less units) property. The amount reported in item 510 is the new improvement amount associated with the market value reported in item 180. Item 520: Apartments 4 or more units (Class 4a) Enter the sum of the new improvement market values for apartments of 4 or more units, including forprofit hospitals licensed by the state and non-exempt nursing homes. The amount reported in item 520 is the new improvement amount associated with the market value reported in item 200. Item 525: Nonprofit Community Service, Student Housing [Class 4c(3) and 4c(4)] Enter the sum of new improvement market values for nonprofit community service oriented organizations and post-secondary student housing. The amount reported in item 525 is the new improvement amount associated with the market value reported in item 205. 13 Item 545: Qualifying Low-Income Rental Housing (Class 4d) Enter the sum of new improvement market values for class 4d qualifying low-income rental housing property. The amount reported in item 545 is the new improvement amount associated with the market value reported in item 225. Item 548: Manufactured Home Parkland [4c(5)] Enter the sum of the new improvement market values for manufactured home parkland. The amount reported in item 548 is the new improvement amount associated with the market value reported in item 235. Item 550: Commercial Buildings [Class 3a, 3b, 4c(2)] Enter new improvement market values of commercial property, including class 3b border city development zone value. The amount reported in item 550 is the new improvement amount associated with the market value reported in item 240. Item 560: Industrial Buildings (Class 3a, 3b) Enter the new improvement market values of industrial buildings, including class 3b border city development zone building value. The amount reported in item 560 is the new improvement amount associated with the market value reported in item 250. Item 570: Commercial Seasonal Residential Recreational [Class 1c, 4c(1), and 4c(6)] Enter the new improvement market values of qualifying commercial seasonal residential recreational properties. The amount reported in item 570 is the new improvement amount associated with the market value reported in item 260. Item 575: Bed and Breakfast Up to Five Units [Class 4c(9)] Enter the new improvement market values of qualifying bed and breakfast units up to five units. The amount reported in item 575 is the new improvement amount associated with the market value reported in item 265. Section XI Plat Exclusion Values Items 580 through 680: Plat Exclusion Values (by property type) M.S. 273.11, Subd. 14, provides that land platted on or after August 1, 1991, and not improved with a permanent structure shall have the increase in value due to platting spread out over a three or seven year period (depending on where it is located and when it was platted). The amount of value increase that is excluded in any given year is reported in items 580 through 690. Item 580 reflects the total estimated market value that is excluded under the plat law. Items 590 through 690 reflect the plat law excluded value by property type. The sum of items 590 through 690 equals item 580. Items 700 through 795: First Year Estimated Market Value Increase Due to Platting (by property type on those properties that were not reclassified). 14 It is NOT acceptable to zero fill these fields on the 2007 Spring Mini Abstract. On those properties that were not reclassified, enter the estimated market value increase due to platting by property type for the first year only. After the first year, the value increase will be reflected in the appropriate estimated market value items on both the fall and spring mini abstracts and no adjustment is needed. It should be noted that although the new plat increase column will appear on both the fall and spring mini abstracts, only the spring mini has the potential to have any value reported for the total increase due to platting since this increase does not actually come on until the January 2 assessment after the parcel is platted. Important: Do not report the first year value increase in items 700 through 795 on property that has been reclassified. If the parcels were reclassified at the same time that platting occurred, they will be reported in Section XII for class shifts and excluded there when local effort is calculated. Section XII Estimated Market Value of Class Shifts In order to calculate local effort accurately, certain values should be excluded from the 2006 Fall Mini Abstract as well as the 2007 Spring Mini Abstract for property that has changed classifications from fall to spring. Items 800 through 890: Estimated Market Value of Class Shifts: 2006 Fall Mini Abstract (by property type) For property that shifted classifications between the 2006 Fall Mini Abstract and the 2007 Spring Mini Abstract, enter the estimated market value of the property in the appropriate fields as it was reported in the 2006 Fall Mini Abstract, before the class change. Do not include property values if the class shift was between residential and non-commercial seasonal residential recreational (cabins) classifications or between commercial and industrial classifications. The following situations should be treated as a class shift: exempt to taxable, taxable to exempt, real property to personal, personal property to real, and annexation of parcels (unless the entire city or township is being annexed). The document entitled “Local Effort Calculation and the Mini Abstracts,” also posted on this site, contains more information concerning these fields. Items 900 through 990: Estimated Market Value of Class Shifts: 2007 Spring Mini Abstract (by property type) For property that shifted classifications between the 2006 Fall Mini Abstract and the 2007 Spring Mini Abstract, enter the estimated market value of the property in the appropriate fields as it is reported in the 2007 Spring Mini Abstract, after the class change. Do not include property values if the class shift was between residential and non-commercial seasonal residential recreational (cabin) classifications or between commercial and industrial classifications. The following situations should be treated as a class shift: exempt to taxable, taxable to exempt, real property to personal, personal property to real, and annexation of parcels (unless the entire city or township is being annexed). 15 The document entitled “Local Effort Calculation and the Mini Abstracts,” also posted on this web site, contains more information concerning these fields. Section XIII Limited Market Value Reductions Items 1000 through 1060: Limited Market Value Reductions These items may be zero-filled on the 2007 Spring Mini. 16