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4. Certain adjustments to levy limit bases are also reinstated. <br />In determining 19b9 levy limits, the adjustments permitted in <br />cities' levy limit bases will include: the loss of federal <br />general revenue sharing (from the previous year to the current <br />levy year), the amount of a permanent increase in the levy <br />limit base approved in a voter referendum, and one-half of the <br />discontinued special levy from the previous year for new <br />industrial and non-residential commercial development. <br />S. Levy limit bases altered. In determining the 1989 levy limit <br />bases for cities with populations over 5,000 (and taconite <br />towns previously subject to levy limits), the payable 1989 levy <br />limit bases will be established by returning to the city's <br />payable 1987 final levy limit base amount and running it <br />through two years' worth of adjustments for: inflation (capped <br />at three percent), population growth, one-half special levy for <br />industrial, non-residential commercial development, special <br />referendum levy, and loss of federal general revenue sharing <br />from the previous year to the current levy year. <br />For cities under 5,000 population, the payable 1989 levy limit <br />base will be established by taking the city's payable 1988 <br />adjusted levy limit base and applying one year's worth of <br />adjustments for: inflation (capped a three percent), population <br />growth, on -half special levy for industrial, non-residential <br />commercial development, special referendum levy, and loss of <br />federal general revenue sharing from the previous year to the <br />current levy year. <br />