Austin, MN Map
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City of Austin
500 4th Avenue NE
Austin, MN 55912
(507)437-9940
© 1999, City of Austin
Updated April, 2004
City of Austin, Minnesota
Government
| Structure Information | ||||
| Organization: | Mayor\Council | |||
| Budget: 2002 | $ 24,031,464 | |||
| City Bond Rating: | A1 | |||
| Comprehensive Land Use Plan: | Yes | |||
| Locally Controlled Loan Program: | Yes | |||
| Recycling: | Yes | |||
| Fire Insurance Rating: | 5 | |||
| Industrial Plans Approved By: | City Building Official, City Council, Economic Dev | |||
| Public Protection Services | ||||
| Service Type | Regular | Part-Time | Volunteer | Seasonal |
| Fire | 10 | 22 | - - - | - - - |
| Police | 29 | - - - | - - - | - - - |
| Sheriff | 18 | - - - | - - - | - - - |
| EMT | 17 | - - - | - - - | - - - |
Property Taxes
| Property Tax Information | Assessed Market Value Information | ||
| Municipal Tax Rate | 23.55% | Commercial | $124,314,257 |
| County Tax Rate | 36.43% | Residential | $548,179,268 |
| School Tax Rate | 47.12% | Other | $6,812,843 |
| Misc. Tax Rate | 1.21% | Total | $679,306,369 |
| Total Tax Rate | 108.32% | ||
| Minnesota commercial real estate
taxes are based upon market value of taxable property as set by the local assessor. To
compute the tax for the year 2002, first compute the tax capacity by multiplying all
property value up to $150,000 times .024, plus any value over $150,000 times .034. Tax
capacity times the tax rate equals taxes owed. In some localities where voters have
approved referendums, an additional referendum tax must be added, calculated by
multiplying the referendum tax rate times the total market value of the commercial
property. Net tax capacity on a $200,000 business: ($150,000 * .024) + ($50,000 * .034) = $3,600 + $1,700 = $5,300 |
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Economic Development Services
| Economic Development Authority: | Yes | Incentives |
| Housing Redevelopment Authority: | Yes | The City of Austin, Riverland Community/Technical College, and the Development Corp. of Austin provide an integrated network that offers training, financing and site development assistance to expanding businesses. City-owned industrial land and buildings are incentive priced to expanding businesses. |
| County Development Corporation: | No | |
| Chamber of Commerce: | Yes | |
| Port Authority: | Yes |
| Contact Information | |||
|
George Brophy President/CEO Development Corp of Austin 329 N. Main, Suite 106-L Austin, MN 55912 (507) 433-9495 |
James Hurm City Administrator Austin, City of 500 - 4th Ave NE Austin, MN 55912 (507) 437-9940 |
Craig Hoium Community Development Austin, City of 500 - 4th Ave NE Austin, MN 55912 (507)437-9952 |
Bonnie Rietz Mayor Austin, City of 500 - 4th Ave NE Austin, MN 55912 (507) 437-9940 |