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Intergover~ment revenues % of total revenues is slight/y lower, however, <br />dependence on Intergoverr~ental revenues (primarily state aids) is <br />increasing 7?% faster than average. <br /> <br />~he special assessment % of total revenues (15% higher than average) <br />d~ponstrates the City's policy of assessing improve~ents so that citizens <br />do pot pay for improvements through the property tax. <br /> <br />Many other factors have a positive effect on Ramsey: <br /> <br />O~unty unemployment rate .8% below the state average. <br /> <br />Fiscal disparities continues to benefit the City, increasing 370.63% over <br />the 4 year period from 6% of property taxes in 1980 to 18% in 1983. <br /> <br />~he staff level is 40% lower than other con, unities in the 10,000 to <br />20,000 population group. <br /> <br />Fund balances remain at 44.8% of current expenditues as cx)mpared to the <br />average of 28.5%. ~his means that Ramsey can, without revenues, support <br />the expenditures made in the first 5.4 months of the year. ~e first <br />property tax & special assessment settl~mlent, homestead credit allocation, <br />and local government aid payments are received in July of each year. <br />~hese revenues contribute the largest % of the total revenues. ~e state <br />average for con, unities of the same population group can support, on the <br />average, only the first 3 months expenditures. <br /> <br />Ramsey is one of 24 governmental units and public retirement systems in <br />the entire State of Minnesota that hold a certificate of conformance in <br />financial reporting. <br /> <br />S_um~arv of indicators.- <br /> <br />Following is a list of the statistics provided in the Financial t~ealth Profile <br />(1980 to 1983) comparing Ramsey to Statewide averages for the 10,000 to 20,000 <br />population group. When reviewing the list consider the following two factors: <br /> <br />Reflects the change from 1980 to 1983. <br />Reflects the current rate (1983). <br /> <br />% (~ange % ~ange <br /> <br />Population 5.62% ^ 1.71% ^ <br /> <br />Property values <br /> Market Value <br /> Assessed Value <br /> Sales Ratio <br /> <br />63.15% ^ 59.36% ^ <br />50.98% ^ 43.81% ^ <br />83.60% * <br /> <br /> <br />