Agenda - Council - 10/27/1981 - Laserfiche WebLink

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1982-83 MIMNESOTA LOCAL GOVERNMENT AID FOI~'~LA II. COUNTIES receive the same amount received in the previous year CITIES A?;D URBAN TOWNS (over 2,500'population) I I I I I I '1 I III. receive: Local Revenue Base (1~80 Lev5, Limit Base increased annually by percentage growth in CPI and percentage growth in ~opulation) 10 mills X EARC Initial = Aid Amount (a) This initial aid amount is compared to the foltowinj minimum aid amount and adjusted upward if necessary: $ per capita if the equalized mill rate is less than 10 mills between 10 and 20 mills greater than 20 mills (b) The resulting amount is compared to the following' maximum aid amount and adjusted downward if necessary: 115% 117%| 120% of previous year aid if previous year aid per capita is greater than $100 between $75 and $100 between $50 and $75-- less than $50 ALL OTHER CITIES IV. receive the same amount received in the previous year plus: $1~ [less than 10 mills $3~ per capita if the equalized {be~¢een 10 and 20 mills $5 mill rate is [greater than 20 mills ALL OTHER TO~S receive the same amount received in the previous year plus: $0} {less than 10 mills S3 per capita if the equalized be~veen 10 and 20 mills $5 mill rate is greater than 20 mills After making all calculations, aid amounts are totaled and compared with the appropriated amount. If the total is too high, all units are reduced proportionately, except that no unit will receive less than its previous year aid.