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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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Last modified
3/18/2025 2:50:50 PM
Creation date
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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Fiscal Disparities —City Contribution <br />• 2010 Current Tax Capacity - $25,384,228 <br />• 2010 Captured TIF Tax Capacity — ($3,799,536) <br />• 2010 Fiscal Disparities Contribution — ($2,797,825) <br />— Taxable Net Tax Capacity (TNTC) - $18,786,867 <br />— TNTC is the value which the City's combined levy is <br />spread against, resulting in Tax Rate. <br />• The City contributes $2,797,825 to the Fiscal <br />Disparity Pool for redistribution <br />Public Sector Advisors Springsted <br />
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