|
MINNESOTA DEPARTMENT OF REVENUE
<br />t LOCAL GOVERNMENT AIDS AND ANALYSIS DIVISI
<br />P.O. BOX 64446
<br />SAINT PAUL, MINNESOTA 55164
<br />PHONE: (612) 296-2286
<br />' 1986 LOCAL GOVERNMENT AID NOTICE
<br />CLERK- TREASURER
<br />CITY HALL
<br />' RAMSEY CITY OF
<br />15153 NOWTHEN BLVD NW
<br />ANOKA MN 55303
<br />7. 1983 ATTACHED MACHINERY AID: $ 11818
<br />8. 1983 POPULATION ESTIMATE: 10,660
<br />9. 1983 ATTACHED MACHINERY AID PER CAPITA (7/8)= $ .17
<br />10. ATTACHED MACHINERY AID ADJUSTMENT (7, IF 9 IS GREATER THAN $70.00); $
<br />ADJUSTED 1984 LOCAL GOVERNMENT AID (5-10):
<br />$
<br />239,697
<br />' 11.
<br />12.
<br />ADJUSTED 1985 LOCAL GOVERNMENT AID (6 -10):
<br />$
<br />254,079
<br />13.
<br />THE
<br />1986 LOCAL GOVERNMENT
<br />AID
<br />FOR YOUR CITY IS $
<br />284,391 .
<br />$
<br />1,067,117
<br />26.
<br />1985 FISCAL NEED (3 +12):
<br />$
<br />1,172,119
<br />' 15.
<br />16.
<br />3 YEAR SUM OF FISCAL NEED (13 +14 +15):
<br />$
<br />3,157,185
<br />17.
<br />PRELIMINARY 1986 FISCAL NEED FACTOR (16/3.0)
<br />FOLLOWING IS A LISTING
<br />OF
<br />THE FACTORS USED IN
<br />THE CALCULATION OF YOUR
<br />CITY'S
<br />68,385
<br />' THE
<br />1986
<br />LOCAL GOVERNMENT AID.
<br />SEE
<br />THE ENCLOSED LETTER
<br />FOR AN EXPLANATION
<br />OF THESE
<br />10,860
<br />32.
<br />FACTORS
<br />AND FOR ADDITIONAL
<br />INFORMATION
<br />CONCERNING
<br />THE DETERMINATION OF
<br />YOUR
<br />CITY'S
<br />LOCAL GOVERNMENT AID.
<br />34.
<br />MAXIMUM AID IF 1985 LGA PER CAPITA IS LESS THAN $150.00 (6 X 1.12):
<br />$
<br />284,568
<br />'
<br />1.
<br />PAYABLE 1983 PROPERTY
<br />TAX
<br />LEVY:
<br />$150.00 (31 X $159.00)
<br />$
<br />668,715
<br />36.
<br />2.
<br />PAYABLE 1984 PROPERTY
<br />TAX
<br />LEVY:
<br />102: OF 1985 LOCAL GOVERNMENT AID (CITIES OF THE FIRST CLASS ONLY):
<br />$
<br />715,682
<br />3.
<br />PAYABLE 1985 PROPERTY
<br />TAX
<br />LEVY=
<br />$
<br />765,724
<br />'
<br />4.
<br />1983 LOCAL GOVERNMENT
<br />AID:
<br />$
<br />159,744
<br />5.
<br />1984 LOCAL GOVERNMENT
<br />AID:
<br />$
<br />239,697
<br />6.
<br />1985 LOCAL GOVERNMENT
<br />AID:
<br />$
<br />254,079
<br />7. 1983 ATTACHED MACHINERY AID: $ 11818
<br />8. 1983 POPULATION ESTIMATE: 10,660
<br />9. 1983 ATTACHED MACHINERY AID PER CAPITA (7/8)= $ .17
<br />10. ATTACHED MACHINERY AID ADJUSTMENT (7, IF 9 IS GREATER THAN $70.00); $
<br />18.
<br />ADJUSTED 1984 LOCAL GOVERNMENT AID (5-10):
<br />$
<br />239,697
<br />' 11.
<br />12.
<br />ADJUSTED 1985 LOCAL GOVERNMENT AID (6 -10):
<br />$
<br />254,079
<br />13.
<br />1983 FISCAL NEED (1 +4):
<br />$
<br />917,949
<br />14.
<br />1984 FISCAL NEED (2 +11):
<br />$
<br />1,067,117
<br />26.
<br />1985 FISCAL NEED (3 +12):
<br />$
<br />1,172,119
<br />' 15.
<br />16.
<br />3 YEAR SUM OF FISCAL NEED (13 +14 +15):
<br />$
<br />3,157,185
<br />17.
<br />PRELIMINARY 1986 FISCAL NEED FACTOR (16/3.0)
<br />$
<br />1,052,395
<br />18.
<br />25% OF 1982 WATER WELL BONDS:
<br />$
<br />8.000
<br />'
<br />19.
<br />FINAL 1986 FISCAL NEED FACTOR (17 +18):
<br />$
<br />1,052,395
<br />20.
<br />1985 POPULATION ESTIMATE:
<br />$
<br />11,110
<br />21.
<br />FISCAL NEED PER CAPITA (19/20);
<br />S
<br />94.73
<br />22.
<br />LOCAL EFFORT MILL RATE:
<br />8.000
<br />23.
<br />1984 ADJUSTED ASSESSED VALUE:
<br />$
<br />61,835,086
<br />24.
<br />FISCAL CAPACITY (22 X 23):
<br />$
<br />494,681
<br />25.
<br />1986 PRELIMINARY LOCAL GOVERNMENT AID (19 -24):
<br />$
<br />557,714
<br />26.
<br />ADJUSTED 1986 PRELIMINARY AID (GREATER OF 6 OR 25);
<br />$
<br />557,714
<br />27.
<br />FINAL ADJUSTED 1986 PRELIMINARY AID (10 +26):
<br />$
<br />557,714
<br />28.
<br />1986 AID INCREASE (27 -6):
<br />$
<br />303,635
<br />29.
<br />AID INCREASE ADJUSTED FOR APPROPRIATION LIMIT (28 X .2252226)
<br />$
<br />68,385
<br />30.
<br />1986 LOCAL GOVERNMENT AID AFTER APPROPRIATION LIMIT (6 +29):
<br />$
<br />322,464
<br />31.
<br />1984 POPULATION ESTIMATE:
<br />10,860
<br />32.
<br />1985 LOCAL GOVERNMENT AID PER CAPITA (6/31):
<br />$
<br />23.40
<br />33.
<br />MAXIMUM AID IF 1985 LOA PER CAPITA IS GREATER THAN
<br />OR EQUAL TO $150.00 (6 X 1.06):
<br />$
<br />34.
<br />MAXIMUM AID IF 1985 LGA PER CAPITA IS LESS THAN $150.00 (6 X 1.12):
<br />$
<br />284,568
<br />35.
<br />MAXIMUM AID IF 1985 LGA PER CAPITA IS LESS THAN
<br />$150.00 (31 X $159.00)
<br />$
<br />1,726,740
<br />36.
<br />FINAL MAXIMUM AID (33 OR LESSER OF 34 OR 35)=
<br />$
<br />284,568
<br />37.
<br />102: OF 1985 LOCAL GOVERNMENT AID (CITIES OF THE FIRST CLASS ONLY):
<br />$
<br />38. PRELIMINARY 1986 LGA (LESSER OF 30 OR 36, BUT NOT LESS THAN
<br />37 FOR FIRST CLASS CITIES)• $ 284,568
<br />39. REDUCTION FOR STATE COSTS (38 X .00062325)-
<br />40. FINAL 1986 LOCAL GOVERNMENT AID (38 -39)• $ 284,391
<br />R
<br />
|