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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
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 Distribution <br />• The City is a net recipient from the redistribution of <br />Fiscal Disparities <br />• For 2010 the City received a distribution of <br />$3,665,400 of Fiscal Disparity Tax Capacity <br />• The FD distribution is multiplied by the previous <br />year's tax rate resulting in the area wide levy <br />• Area wide levy: $3,665,400 x 39.263% = $1,439,199 <br />Public Sector Advisors Springsted <br />
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