Mining Tax Guide - Minnesota State Legislature

Figure 28
Taconite Industry Occupation Tax Report Averages
on a Per Ton Basis
Occupation
tax paid
Taxable
value of
production
Royalty
Admin.
and misc.
expense
Sales and
use tax
paid
Taconite &
property
tax paid
Average
value1 Transportation2 Cost of
beneficiation 3 Cost of
Development
mining 4
Tons
produced
(000 tons)
Year
1982 23,445 53.95 12.66 31.01 6.23 2.21 0.42 0.27 4.44 2.08 (5.37) 0.14
1983 25,173 56.19 13.03 26.62 4.95 1.49 0.37 0.19 4.82 1.83 2.88 0.45
1984 35,689 56.48 13.08 19.85 4.23 2.00 0.27 0.20 4.53 1.69 10.63 0.84
1985 33,265 47.10 13.06 19.29 4.24 1.57 0.29 0.19 4.40 1.65 2.41 0.30
1986 24,017 47.14 13.02 18.47 4.32 0.90 0.32 0.22 4.48 1.50 3.69 0.26
1987 32,109 26.77 0.05 15.60 3.28 0.56 1.68 0.18 3.38 1.28 0.76 0.17
1988 39,786 24.33 14.90 3.56 0.86 1.52 0.19 2.73 1.18 (0.61) 0.08
1989 39,882 24.42 15.90 4.16 1.08 1.83 0.23 3.02 1.16 (2.97) 0.01
1990 43,176 27.44 16.29 4.51 1.08 1.93 0.26 3.01 1.13 (0.76) 0.05
1991 40,619 28.75 16.84 4.67 1.36 2.10 0.27 3.53 1.16 (1.17) 0.05
1992 39,428 28.86 17.00 4.49 1.43 2.10 0.27 4.28 1.29 (1.99) 0.04
1993 40,485 28.98 16.09 4.49 1.26 1.94 0.27 4.05 1.08 (0.21) 0.04
1994 42,448 30.14 16.43 4.71 1.58 1.94 0.27 3.76 1.09 0.38 0.05
1995 45,857 32.53 16.62 4.70 1.56 1.85 0.25 3.71 1.22 2.63 0.07
1996 44,618 31.75 18.01 5.28 1.68 2.04 0.27 4.02 1.27 (0.83) 0.06
1997 45,659 32.50 17.50 4.95 1.82 2.04 0.22 3.91 1.18 0.89 0.06
1998 45,196 32.69 17.58 4.94 1.64 2.03 0.03 3.90 1.19 1.25 0.05
1999 42,125 31.02 18.17 5.42 1.62 2.11 0.08 3.96 1.19 (1.57) 0.03
37
2000 45,762 32.03 19.14 4.98 1.62 2.13 0.12 3.55 1.32 (0.86) 0.03
2001 32,291 30.75 19.25 5.88 1.15 2.35 0.09 4.88 1.25 (4.09) 0.00
2002 38,313 31.68 16.74 5.16 1.27 1.92* 0.07 3.24 1.11 2.18 0.04
2003 34,935 33.37 16.11 5.74 1.05 1.72 0.08 3.73 1.24 (0.37) 0.04
2004 40,178 42.15 18.30 6.06 0.94 2.00 0.04 4.35 1.52 8.95 0.14
2005 40,202 47.60 20.94 6.68 1.24 1.91 0.11 4.67 2.17 9.89 0.16
2006 39,668 54.97 22.85 7.61 1.47 2.02 0.14 5.45 2.22 13.21 0.20
2007 38,687 61.35 25.25 8.17 1.40 2.09 0.14 5.65 2.55 16.10 0.27
2008 39,927 80.96 26.58 9.27 1.94 2.28 0.14 5.89 3.15 31.71 0.59
2009 17,645 58.69 31.51 10.42 1.61 4.12 0.16 13.24 2.84 (5.21) 0.02
2010 35,984 80.31 29.31 10.40 1.54 1.87 0.22 4.54 3.31 29.12 0.35
1. This average value will not match the values on Figure 24, because this is an average of all taconite produced (acid, flux, chips, concentrate).
2. Transportation consists of the rail and lake transportation allowance and marketing and marine insurance from the occupation tax directives through April 30, 1987.
3. Cost of beneficiation includes beneficiation labor, supplies, depreciation, interest, and miscellaneous, Figure 29.
4. Cost of mining is the total mining labor, mining supplies and depreciation, Figure 29.
For 1990 and later, the information on the above table comes from the Production Cost Summary Information Report (based on the pre-1990 Occupation Tax Report).
Occupation Tax Report no longer provides this detail.