Laserfiche WebLink
I <br />I <br /> <br />I <br />I <br />I <br />I <br /> <br />I <br />I <br />I <br />I <br />I <br /> <br /> CITY OF RAMSEY <br /> <br />Calculation of Actual and Revised 1979 Local Government Aid Under Proposal <br /> <br /> 1. Population* ~ <br /> <br /> 2. 3 Year Average Mill Rate <br /> 3. 1977 Sales Ratio <br /> 4. Aid Distribution Factor (1 x 2 x 3) <br /> 5. S~ of Aid Distribution Factors for Metro Area <br /> 6. Local Government Aid Ratio (4 % 5) <br /> <br /> 7. Aid Available for Distribution to the Cities <br /> and Towns in the Metro Area <br /> <br /> 8. 1979 Preliminary Aid <br /> <br /> 9. Minimum 1979 Local Government Aid <br /> <br />10. Adjusted 1979 Preliminary Local Goverrm~nt Aid <br /> (Greater of 8 or 9) .$ <br /> <br />11. Reduction Adjustn~nt to Grandfather the Aids for <br /> Cities and Towns in the Metro Area <br /> W]]ose Preliminary Ai'dsWere Less <br /> Than Their Minimum Aids <br /> <br />12. Final 1979 Local Government Aid (10 x 11) $ <br /> <br />Actual Revised <br />5,453 8,570 <br />9.577' 91577 <br />.852 .852 <br />44.494321 69.927806 <br />42,431.588791 '42,457.022276~* <br />.001048613 .001647026 <br /> <br />$ 108,491,345 $ 108,491,345 <br />$ 113,765 $ 178,688 <br />$ 85,620 $ 85,620 <br /> <br />113,765 $ 178,688 <br /> <br />.99372919~ .993729195 <br /> <br /> 113,052- $ 177,567 <br /> <br />*The population for the revised calculation is the April 1, 1978 Metropolitan Council <br /> estimate of 8,570. The population for the actual calculation is the average of the <br /> April 1, 1978 Metropolitan Council estimate of 8,570 and the 1970 federal census <br /> population of 2,'336. <br /> <br />**Assuming only the City of Ramsey's aid distribution facto~ is ch~n. ged. <br /> <br /> <br />