Mining Tax Guide - Minnesota State Legislature

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Figure 9 Taconite Production Tax Distribution* Production year 2005 2006 2007 2008 2009 2010 City and township $2,047,900 $2,091,131 $2,053,321 $2,087,203 $1,741,289 1,707,978 Township Fund _ _ _ 1,161,019 961,848 938,421 Taconite municipal aid 6,454,084 6,588,041 6,484,790 6,568,276 5,361,555 5,234,627 M.S. 298.28, Subd 3(b)*** _ _ _ _ 49,156 93,382 Mining effects 1,769,593 1,806,224 1,773,075 1,802,316 1,503,108 1,474,603 School district — regular 1,512,883 1,567,083 1,553,181 1,579,632 1,329,597 1,296,216 School district fund 5,928,663 6,134,022 5,932,765 6,939,441 5,823,744 5,670,746 School Building Maintenance Fund _ _ _ 1,548,025 1,256,439 1,217,160 Taconite Levy Shortfall Payment _ _ _ _ 501,635 807,218 Taconite Referendum Fund 4,218,742 3,985,816 3,636,432 3,324,393 3,067,031 2,974,743 County 9,984,746 10,112,692 9,934,767 8,904,372 8,861,655 8,862,567 County road and bridge 2,637,217 2,671,467 2,623,622 4,527,635 3,760,396 3,657,961 Taconite Property Tax Relief 13,719,754 33,269 10,635,240 9,656,986 3,435,404 11,846,794 IRRRB ($.03 Indexed) 3,071,150 3,289,341 3,327,352 3,472,124 2,881,831 2,811,548 Range Association of Municipalities and Schools 104,092 137,886 136,469 139,165 113,697 110,294 Taconite railroad (fixed) 2,482,454 2,482,454 2,482,454 2,482,454 2,482,454 2,482,454 IRRRB (fixed) 1,252,520 1,252,520 1,252,520 1,252,520 1,252,520 1,252,520 School bond payments 4,767,129 3,747,420 4,265,993 4,360,743 4,119,962 4,021,158 Taconite Environmental Protection Fund 9,417,968 11,537,116 11,003,226 10,280,483 13,200,509 6,386,643 Producer Grant & Loan Fund 3,098,810 3,177,818 3,157,554 3,196,114 2,831,630 2,782,967 Douglas J. Johnson Economic Protection Trust Fund 2,864,404 4,001,532 3,682,303 3,197,366 4,302,341 842,910 IRRRB Educational Revenue Bonds _ 1,415,106 1,411,525 1,410,125 1,407,525 1,408,725 Iron Range Higher Education Acct _ _ 1,896,471 1,935,031 1,570,547 1,521,884 Biomass Energy Project Loan _ _ 3,882,294 _ _ _ Renewable Energy Initiative _ _ _ 5,998,597 _ _ Taconite Economic Development Fund 11,520,660 12,257,357 8,503,411 12,213,126 254,341 9,673,605 Hockey Hall of Fame _ 76,669 75,860 77,401 62,822 60,876 Transfer from schools to cities** _ 11,444 157,095 30,239 0 _ Public Works & Local Economic Development Fund _ 14,720,531 4,323,954 _ 9,032,845 _ Total $86,852,769 $93,096,939 $94,185,674 $98,144,786 $81,165,881 $79,138,000 16 * The production tax is collected and distributed in the year following production. For example, the 2010 production tax was collected and distributed during 2011. ** This is excess school levy reduction money that will be used to reduce levies of cities and townships within the school district. ***Prior to 2009, this amount was included in the Taconite municipal aid amounts.
Name Figure 10 Taconite Production Tax Distribution to Cities and Townships – 2011 (Based on 2010 production year tax revenues—not including Taconite Property Tax Relief dollars) 4.5 cent mining & conc. 4.0 cent mining effects 3.0 cent Township fund 17 Taconite railroad* Taconite municipal aid M.S. 298.28 Subd. 3 (b) COOK COUNTY Lutsen Township – – $13,227 – – – $13,227 Schroeder Township $6,828 – 6,047 $47,700 0 – 60,575 Tofte Township – – 8,093 – – – 8,093 CROW WING COUNTY Crosby – – – – 200,781 – 200,781 Ironton – – – – 42,154 – 42,154 Riverton – – – – 3,877 – 3,877 Trommald – – – – 2,697 – 2,697 Irondale Township – – – – 20,924 – 20,924 Rabbitt Lake Township – – – – 0 – 0 Wolford Township – – – – 0 – 0 ITASCA COUNTY Bovey – – – – 53,212 – 53,212 Calumet – – – – 29,297 – 29,297 Cohasset – – – – 0 – 0 Coleraine – – – – 70,658 – 70,658 Keewatin 51,584 55,811 – – 102,554 – 209,949 Marble – – – – 45,479 – 45,479 Nashwauk 11,116 47,459 – – 86,463 – 145,038 Taconite – – – – 17,979 – 17,979 Goodland Township – – 15,714 – – – 15,714 Greenway Township 15,630 – 27,744 – 21,212 – 64,586 Iron Range Township – – 11,399 – 5,102 – 16,501 Lawrence Township – – 14,675 – – – 14,675 Lone Pine Township 4,638 23,077 15,053 – 2,168 – 44,936 Nashwauk Township 55,211 33,844 22,075 – 13,113 – 124,243 LAKE COUNTY Silver Bay 91,371 – – 152,706 186,044 – 430,121 Beaver Bay Township 2,429 – 17,194 12,565 0 – 32,188 Crystal Bay Township – – 19,556 6,951 – – 26,507 Fall Lake Township – – 17,824 – – – 17,824 Silver Creek Township – – 37,191 20,612 – – 57,803 Stony River Township – – 5,385 19,943 – – 25,328 ST. LOUIS COUNTY Aurora 13,421 67,314 – – 144,353 – 225,088 Babbitt 100,906 169,032 – 166,767 182,148 – 618,853 Biwabik 0 21,511 – – 36,096 – 57,607 Buhl – 32,479 – – 70,583 – 103,062 Chisholm – 47,555 – – 433,266 – 480,821 Ely – – – – 261,167 – 261,167 Eveleth 62,888 103,745 – – 365,733 – 532,366 Gilbert 21,496 43,667 – – 166,417 – 231,580 Hibbing 341,106 166,793 – – 1,231,646 – 1,739,545 Hoyt Lakes 192,777 72,546 – 152,153 207,461 – 624,937 Kinney 10,364 5,489 – – 25,571 33,525 74,949 Leonidas 5,896 1,441 – – 5,662 – 12,999 McKinley – 2,111 – – 8,472 – 10,583 Mountain Iron 467,173 91,753 – – 314,618 – 873,544 Tower – – – – 26,274 – 26,274 Virginia 42,284 279,612 – – 718,754 – 1,040,650 Alango Township – – 7,904 – – – 7,904 Alborn Township – – 11,242 – – – 11,242 Alden Township – – 6,739 – – – 6,739 Angora Township – – 7,683 – – – 7,683 Ault Township – – 3,685 – – – 3,685 Total
Page 1 and 2: This document is made available ele
Page 3 and 4: 2011 PRODUCTION TAX DISTRIBUTION ..
Page 5 and 6: The Minnesota Mining Tax Guide is p
Page 7 and 8: Figure 3 History of Minnesota Tacon
Page 9 and 10: Definition The taconite production
Page 11 and 12: Distribution of Funds (M.S. 298.28)
Page 13 and 14: The index is calculated as follows:
Page 15 and 16: (c) Occupation Tax Grandfather Amou
Page 17 and 18: Douglas J. Johnson Economic Protect
Page 19: Figure 8 Taconite Residential Homes
Page 23 and 24: 166 Cook County 5 1996 2016 $503,46
Page 25 and 26: Million Tons 40 35 30 25 20 15 10 5
Page 27 and 28: Year Production tons (000’s) Prod
Page 29 and 30: Iron Range Resources & Rehabilitati
Page 31 and 32: Figure 20 FY 12 Iron Range Resource
Page 33 and 34: Figure 22 Taconite Industry Investm
Page 35 and 36: Final Directive - 2010 Occupation T
Page 37 and 38: Year Figure 23 Occupation Tax Mine
Page 39 and 40: Figure 26 Crude Ore Mined Company 2
Page 41 and 42: Figure 28 Taconite Industry Occupat
Page 43 and 44: Income Tax Withholding on Mining an
Page 45 and 46: Figure 31 Average Royalty Cost Per
Page 47 and 48: Mandatory Electronic Payments If yo
Page 49 and 50: Aggregate material is nonmetallic n
Page 51 and 52: Ad Valorem Tax on Auxiliary Mining
Page 53 and 54: 1996 4,448,800 1997 10,900 34,900 2
Page 55 and 56: Ad Valorem Tax on Severed Mineral I
Page 57 and 58: Taxes on Other Mining and Explorati
Page 59 and 60: Occupation Tax-Corporate Income Tax
Page 61 and 62: M.S. 298.225 — A Minnesota statut
Page 63 and 64: Index Map - Minnesota Mesabi Map Se

Mining Tax Guide - Minnesota State Legislature

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