Update–September 25, 2011:
Effective in 2011, payments in the Sustainable Forests Incentive Program will remain fixed at $7 per acre. The maximum payment is limited to $100,000 to any taxpayer or tax ID number.
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- Family Forest Stewardship and Property Taxes (PDF, updated June 2012 by Mike Reichenbach and Mel Baughman). Be patient, it may take a minute or two to download!
- FAQs about the SFIA program (PDF)
- The slides and notes from the September 2011 webinar presentation (PDF, 2 MB)
- Property tax-related fact sheets from the MN Department of Revenue.
About woodland property taxes in Minnesota
Property taxes pay for important local government services. They also are a significant annual cost for you, the forest landowner. You may not fully recover costs, such as property taxes, associated with forest management, due to the 30 to 100 year time between harvests.
In addition, your land provides wildlife habitat, watershed protection, aesthetics, and biodiversity that benefit all Minnesotans. Because of the public benefits your forest land provides, the Minnesota Legislature created the Sustainable Forest Incentive Act (SFIA) and 2c Managed Forest Land Classification (Class 2c). In addition, the Green Acres/Rural Preserves program can be used to reduce ownership costs on sustainably managed forest land. This publication will help you decide which program, if any, best fits your situation.
A recently updated publication by Mike Reichenbach and Mel Baughman includes detailed overviews of the following information about your Minnesota woodland property taxes:
- Tax classifications and class rates
- How Minnesota’s Green Acres program works, including recent changes
- Rural Preserve Program: Qualifications, enrollment, and ending enrollment
- Sustainable Forests Incentive Act (SFIA): Qualifications, enrollment, incentive payment, acquiring enrolled land, and ending enrollment
- 2c Managed Forest Land Classification: Qualifications and enrollment
- Comparison between SFIA and Class 2c
- How to get forest management assistance
- More information