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Agenda - Council Work Session - 12/14/2010
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Agenda - Council Work Session - 12/14/2010
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3/18/2025 2:50:50 PM
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12/9/2010 7:46:56 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
12/14/2010
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What is Fiscal Disparities (FD)? <br />• A method of sharing commercial and industrial (C11) <br />tax base growth amongst metro cities <br />• A portion of CA tax base growth is contributed to <br />regional pool, Ramsey contribution is 41.9115% <br />• The pooled tax base is redistributed to cities <br />through a formula based on population and market <br />value of property <br />• Program enhances the tax bases of communities <br />with lower tax capacities, reducing disparity <br />between communities <br />Public Sector Advisors Springsted <br />
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