Agenda - Council - 10/28/1980 - Laserfiche WebLink

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lD _ LOCAL GOVERNMENT AID FORMULA; 1980 - Total Aid Distribution $64 X 1970 federal census population for 1980. $70 X 1970 federal census population for 1981. Count Governments capita for 1980 and $2 per capita for 1981. The 1 1979 aid amount plus $1 per cap « l _ increase . based on t 1970 A Xi97 • � coyn Y: Hennepin, Ramsey and t. Louis Counties will continue to receive no Local Government Aid. Cities and Towns purposes: 1) those limitettermi na don pur o 2) those cities h od Two separate groups are established for aid determination limitation (the levy lit o cities s a towns and a s bj ctttorthet6% levye� towns that are subject towns). limitation The cities and. towns exempt from . the 6% levy wi r receive and Towns: plus $1 (cities upon their "average equalized mill rate ". will receive in 1980 the a�"dependinghePo 1979 Local Government i They) $u or $ per capita, population (established by the The population used is the city or town's current pop limitation) even if is less than nothea1970 is same federal used for ation 68 levy "Average equalized population tiol not cgeduw population. Under this new aid formula, a able 1977, 1978 and 1979 mill rates rat avfrrgth with the 19 is federal census ft a population. for for the 1980 aids d is the sum re the P Y 1978 aggregate r e increase for the city or town, divided_by three and multiplied times the 1978 a99re9a e sales- ratio. If the average equalized mill rate is 10 or less, or If it.is -more than 10 but lesI than fais more e a1 - t $1 per caidtincreasesis$3 p to 20, the aid increase is $3 per cap ita (cities and towns) 20 mills, the aid increase is $5 per capita. For 1981, the exempt cities and towns will receive the amount of their 1980 Local er capita, depending on their Government Aid plus $1 (cities only), $4, or $ alierd mill rates will be based on average able equalized , 1979 and The average equ the p Y provisions of the formula remain the same. a able 11978, 1977 1980 mill rates and 1980 mill rattes s of the cities and towns and their 1979 aggregate sales ratios. All other p Lev Limit Cities 1979 For 1980, a "local revenue base "lima established,its y a m and the city or town's 1978 payable 1979 levy which 9 Loc is the vem al Government the d nt Aid. For the city of St Paul, it is its 1979 Local plus 85% of its 1978 payable 1979 levy limitation. For the city of i Mnneapoli Aid p t, the f 1 to it for 1980 since it will receivee established sst me a amm s it received g fn 1979)• does n97 apply "preliminary state aid factor al to 10 mills by sub tr a d in eq uay ablished bacting from its local revenue base an amount u l times t cto the city or town's 1979 adjusted assessed value. The p cnti state ad . factor is then adjusted to complply, with the initial minimum and maximum aid P rovisions limit city or town depends upon its average equalized the minimum aid the city or town is its 1979 The minimum aid for a levy equal to 20, the aid rate. If it is i a . or lets, plus $3 per capita. t it is more aid plus i d f t h e capita. If it is is more s 1979 p less than cr minimum aid for the city or town