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Re: Natives Allowed to hunt Moose again
LSF Member
Joined:
02/28/2005
Posts: 3005
Quote:

LOW1 wrote:
Quote:

Bandersnatch wrote:
Quote:

LOW1 wrote:
Yes, there would have to be two components on each side. the "static" value of the casino/res/trust properties, the "static" value of the 13 million acres, the revenue generated by the casino/res/trust properties and the revenue generated by the 13 million acres.


I am going to guess that the 13 million acres produces at least $50 million in property tax alone.


Depending on location. Exemptions for this that and the other thing, don'tcha know.


In 2015 Mille Lacs County generated about $15 million in property tax. http://www.auditor.state.mn.us/Search/CountySearch.aspx

This doesn't include the other counties that now exist on the 13 million acres.

I assume that city property taxes are in addition to this?


If the Bands published The Take we could have a real conversation!

The last estimate that I heard on the Mille Lacs Band for both Casinos was right around 750K on just the Slots. I believe that was Per Week.

But that was Years ago

Posted on: 9/13 13:00:53
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Re: Natives Allowed to hunt Moose again
LSF Member
Joined:
03/29/2013
Posts: 119
Quote:

Bandersnatch wrote:
Quote:

LOW1 wrote:
Quote:

Bandersnatch wrote:
Quote:

LOW1 wrote:
Yes, there would have to be two components on each side. the "static" value of the casino/res/trust properties, the "static" value of the 13 million acres, the revenue generated by the casino/res/trust properties and the revenue generated by the 13 million acres.


I am going to guess that the 13 million acres produces at least $50 million in property tax alone.


Depending on location. Exemptions for this that and the other thing, don'tcha know.


In 2015 Mille Lacs County generated about $15 million in property tax. http://www.auditor.state.mn.us/Search/CountySearch.aspx

This doesn't include the other counties that now exist on the 13 million acres.

I assume that city property taxes are in addition to this?


If the Bands published The Take we could have a real conversation!

The last estimate that I heard on the Mille Lacs Band for both Casinos was right around 750K on just the Slots. I believe that was Per Week.

But that was Years ago


I added up the property taxes collected in 2015 for Crow Wing, Mille Lacs, Atkin, Pine, Kanabec, Isanti, Chisago, Benton and Morrison counties and came up with about $175 million for that year.

That just the county tax revenue and doesn't include the income which was earned in those counties from the 13 million acres.

Posted on: 9/13 13:09:54
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Re: Natives Allowed to hunt Moose again
LSF Member
Joined:
02/28/2005
Posts: 3005
Quote:

LOW1 wrote:
Quote:

Bandersnatch wrote:
Quote:

LOW1 wrote:
Quote:

Bandersnatch wrote:
Quote:

LOW1 wrote:
Yes, there would have to be two components on each side. the "static" value of the casino/res/trust properties, the "static" value of the 13 million acres, the revenue generated by the casino/res/trust properties and the revenue generated by the 13 million acres.


I am going to guess that the 13 million acres produces at least $50 million in property tax alone.


Depending on location. Exemptions for this that and the other thing, don'tcha know.


In 2015 Mille Lacs County generated about $15 million in property tax. http://www.auditor.state.mn.us/Search/CountySearch.aspx

This doesn't include the other counties that now exist on the 13 million acres.

I assume that city property taxes are in addition to this?


If the Bands published The Take we could have a real conversation!

The last estimate that I heard on the Mille Lacs Band for both Casinos was right around 750K on just the Slots. I believe that was Per Week.

But that was Years ago


I added up the property taxes collected in 2015 for Crow Wing, Mille Lacs, Atkin, Pine, Kanabec, Isanti, Chisago, Benton and Morrison counties and came up with about $175 million for that year.

That just the county tax revenue and doesn't include the income which was earned in those counties from the 13 million acres.


I still think that is a drop in the bucket compared to the Casino take of just the Mille Lacs Bands properties.

Posted on: 9/13 13:29:29
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