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HomeMy WebLinkAboutUntitled • Northern�•�*�Q Gnwpr Cogmpany 145 Univers 4151sli U L c\A St. Paul, Mi bro r,(-1 Telephone( lj balm( January -° E. 'C r To: Members, Property Tax Advisory Group FEB - 21998 Fr: Tom Weaver, Northern States Power Company Re: Legislative proposals regarding the personal property tax I would like to invite the members of the Property Tax Advisory Group to an informal meeting on Tuesday, February 3rd at 9:30 a.m. in the St. Croix room, 1st floor at the League of Minnesota Cities Building. The purpose of this meeting is to share NSP's proposal on personal property taxes with you, as well as for us to hear about any proposals you may have for this legislative session. You can plan on the meeting lasting about an hour. Please RSVP with Evaline at 229-2582. I look forward to seeing you on Tuesday. JAN.30.1998 5:20PM NSP STATE METRO LOCAL N0.187 P.2/2 Northern States Power Company RN' 145 University Ave,W.,Suite 470 St.Paul,Minnesota 55103 Telephone(612)229-2545 January 29, 1998 To: Members, Property Tax Advisory Group Fr: Tom Weaver, Northern States Power Company Re: Legislative proposals regarding the personal property tax I would like to invite the members of the Property Tax Advisory Group to an informal meeting on Tuesday, February 3rd at 9:30 a.m. in the St. Croix room, 1st floor at the League of Minnesota Cities Building. The purpose of this meeting is to share NSP's proposal on personal property taxes with you, as'well as for us to hear about any proposals you may have for this legislative session. You can plan on the meeting lasting about an hour, Please RSVP with Eva line at 229-2582. I look forward to seeing you on Tuesday. • • • I i 02-05-1998 10:03 P.01 • • COALITION QF UTILITY CITIES Fax News Legislative Alert Representative Loren Jennings has introduced legislation(HF 3009)that would phase out property taxes on electric utility generating machinery by 2007(Senator Novak is authoring the Senate bill, SF 2748). NSP has also unveiled its proposal to phase out property taxes on electric utility generating machinery over 5 years,and replace it with a kilowatt/hour charge on retail customers. Although NSP's bill has not yet been introduced,NSP's summary of both proposals is attached. One or both of these proposals will likely be heard in the House Regulated Industries Committee- chaired by Rep. Jennings -sometime next week. In the Senate,Jennings'bill has been referred to the Local Government Committee,chaired by Sen. Vickerman. Please call your legislators and make the following points about this proposed tax exemption. 1. This tax exemption would dramatically raise property taxes in your community, and make it extremely difficult to make future capital improvements. 2. The state is not going to deregulate this year, and it should wait to have the tax discussion until after deregulation occurs and a competitive market exists. At that time, more information will be available on the competitive position of Minnesota's utilities. The state may also want to know the deregulated rates paid by various consumers before it considers shifting more of the tax burden onto them. 3. None of the investor-owned utilities has demonstrated a need for this exemption. In fact, objective evidence indicates that they will all flourish if the state eventually deregulates. 4. Giving away the tax exemption now significantly reduces the state's ability to get the investor-owned utilities to come to the table during future deregulation discussions. These bills will be heard next week. Contact your legislator this weekend and ask them to contact the following legislators to encourage them to vote against personal property tax breaks for utilities: Senator Steve Novak Senator Doug Johnson Speaker Phil Carruthers Representative Loren Jennings Prepared by Flaherty&Koebele for the Coalition of Utility Cities 02-05-1998 10:03 P.02 • • Personal Property Taxes Summary of NSP Bill • Five year phase-out of personal property taxes on generation • Replaced with kilowatt-hour charge on IOU retail customers; extended statewide after customer choice • Phase out kwh charge for five years beginning in 2005 • New generation facilities will pay at current level of phase-out • Newinvestment in current plants will be exempt from personal property taxes or the kwh charge • Kwh charge to be itemized on customers bills • Credit protection program for communities which receive more than 25% of property tax revenues from generation facilities Sun mary of HF 3008 (Jennlnasl • Phase out personal property taxes on generation through 2006 02-05-1998 10:03 P.03 • • House Committee on Regulated Industries & Energy Chair: Loren Jennings (D,Harris) Vice-Chair: Rep.Mike Delmont(D, Lexington) Lead Republican: Ken Ozment(R,Rosemount) Rep. Iry Anderson(D, Intl. Falls) Rep. Edgar Olson (D, Fosston) Rep. Bruce Anderson(R, Buffalo Township) Rep.Mark Olson(R, Big Lake) Rep. Mindy Greiling (D, Roseville) Rep.Mike Osskopp (R, Lake City) Rep.Alice Hausman (D, St. Paul) Rep. Gene Pelowski(D, Winona) Rep. Bill Hilty (D,Finlayson) Rep. Jean Wagenius (D,Mpls) Rep. Mark Holsten(R, Stillwater) Rep. Ken Wolf(R, Burnsville) Rep. Phyllis Kahn (D, Mpls) Rep. Tom Workman(R, Chanhassen) Rep. Becky Kelso (D, Shakopee) 01-16-1998 10:44 P.01 • S • • FAX COVER SHEET TO: Mike Robertson,Oak Park Heights FAX #: 6124390574 You should receive 4 pages including this cover sheet. FROM: FLAHERTY & KOEBELE PHONE #: 6122258840 FAX ID: uz387002 Received For Broadcast: 2/05/98 10:01 AM Delivered To Recipient: 2/05/98 10:03 AM 12OA NNW Vi SIILI DNIAI9J371 SI1f37gOaid INT" VFW DOA a711OHS0s88-SZZ(ZI9)1V373ga01QNd111,311r7ATW3 'H'IHISSOd SV MOOS SV INatenDall I LYRIaolaay ELL os.XVII sum,uA Iaa ISV7Id Air Northern States Power Company RSP 145 University Ave.W.,Suite 470 St. Paul, Minnesota 55103 Telephone(612)229-2545 OWE Date: January, 1998 •SAH 2 2 � To: Property Tax Reform Advisory Group From: Steering Committee Subject: Update/ Report on Tax Reform The Property Tax Reform Advisory Group met on Wednesday, December 17 at the League of Minnesota Cities Building. At that meeting, the Steering Committee presented its work which is summarized in the attached Report on Tax Reform. Although we were thoughtful and creative, we were not able to develop one proposal that addresses the interest and concerns of all parties. As you can see from the report we explored many innovative possibilities. When we began these Advisory Group discussions last May, we had two purposes. The first purpose was to have these discussions be an educational tool for us all. We believe we have been successful in reaching that goal. We have learned more about the electric industry restructuring, utility taxation and local government financing. We believe we also have a much greater understanding of the concerns and interests of both the host communities and NSP. Our second hope was that we could jointly develop a proposal to take to the State Legislature. At present, we do not have a proposal, but we believe we have made strides in this area. The Steering Committee believes that this formal Advisory Group meeting process has accomplished its work. However, we recommend that the conversations to find a solution continue on a more informal basis. If you have additional thoughts or more information to share, please feel free to contact one of the Steering Committee members. A list is attached. Thank you for working with us throughout these last six months. Attachments: Steering Committee Report on Tax Reform List of Steering Committee members • NSP - Host Community Property Tax Advisory Group Steering Committee Report Property Tax Reform December 1997 iiiiiil :iiiiig CO CO N V' OD to O CA CO CO O O CO ' , ii:i:iii e— 00 V• O 01.0 CO CD CA M Ln CA :•`: Ln O O Ln f� CO Ln Ln O Ln Ln O N Ln '>i'>i CO O N (O NCA N V• co N N M M N a E': CO Ln ti O V• 00 , f` Ln O CA Ln M o COig N �O q N CO N M M N N CO 03 COCON iiiiiiiii iiiiiiiiii N N N N N N N N NNNNNN ::;: e- e- e- e- e- e- e- e- r e- e- e- e- r i:iiiiiii CO CO CO CO CO CO CO CO CO O o O (O CO :iiiiiiiii O O O f` t7 Ln Ln O CO M e- e- Ln O O e- CO V' O Co coCA IN Lo iiiiiiiiii M V iiiiiiii Ln CO O o ti Co Ln e- CC) CO N N M N V• M N N ONO N N CO Ln 1 - O V Ln e- ti lb CA co O M o co N O� co N co N M M N N M CO N NNNNNNNNAjAk NNNNNN ::: e- e- e- e- e- e- '% e— e- e- - e- e- r `3 CO CO CO CO (O CO CO CO o CO CO O O O :'•'"'` N N ti e- NCO 0 CV CO C) M N U) M ia iii,0 0 M M • ow co o •zr CO 0 0 0 e- 0 •._ e- e- M e- e- O M V V O e- e- V e- (f) Ln Ln (O CC) co O Ln L0 00 Ln Cf) Ln Ln IC) Ln E #:i Ln Ln Ln e- Ln Ln Ln Ln Ln e- Ln O Ln Ln Ln Ln p ; ;;z z z z zz z z � z z z z z z 0) N 0 0 0 _ a) o 0) o 0 _ 0 c L 0. c •L a a C C d .0 L a) . a d c C a asC Y C w «: C - (n 'Cr) m U) E W U) Cl) t- U) (1) iiiiiiiiii 0. 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S NSP - Host Community Property Tax Advisory Group Steering Committee Report on Property Tax Reform Executive Summary December 1997 Situation Analysis: Unlike municipal utilities, cooperatives and other businesses, investor owned utilities in Minnesota pay personal property taxes on equipment. NSP believes these taxes present a serious problem in a competitive market, and that the matter should be resolved before competition among electric suppliers opens up in the state. Some local government officials agree that a problem exists, and others do not. Some believe an independent authority, such as the PUC, should decide whether a problem exists and the dollar extent of it. Others believe deregulation of the industry should occur before these tax issues are addressed. Still others believe the value of Minnesota power plants will increase under deregulation because they can produce power more cheaply than other regions so they would be in greater demand. Lack of consensus on the reality and size of the problem makes resolution nearly impossible. The Steering Committee did agree, however, that if a problem exists, it has three elements: money, the source of the money and security issues. Local governments want to focus on protecting local taxpayers and do not believe communities could replace utility property tax revenues from other local sources. NSP would prefer to repeal the personal property tax but recognizes that local governments should receive replacement revenues, preferably through general fund dollars, but this is a politically difficult approach. Whether a potential solution reduces or eliminates the personal property tax for utilities, focuses on cutting NSP's costs through credits, or does some of each, there are legal concerns about how the change would be funded. Solutions lie within three fundamental approaches: 1) do nothing; 2) retain the current personal property tax system but reduce IOUs' tax burden by reducing the property tax, reducing other taxes, providing IOUs with state-paid tax credits, or reducing other state- imposed costs of IOUs; or 3) end the current system and provide a replacement revenue stream for communities. The group could not reach a consensus on which approach to take. Local governments prefer the first or second approach; NSP prefers the third. Despite the lack of agreement, the group discussed and examined potential elements of reform in two major categories, as follows. • • Potential solutions retaining the centrally assessed property tax system: If this avenue were to be pursued, property tax reform should include a variety of changes to the system, including: reducing the class rate on utility personal property; removing the statewide general education levy from utility personal property; enacting a limited market value concept for utility operating property that would limit increases; and expanding the disparity reduction aid. NSP believes property tax credits are unworkable for constitutional reasons. Additional tax credit ideas were explored by the group, including income tax credit for personal property taxes paid, income tax exemption and other state fees with a credit for property taxes paid. Further ways to reduce IOU costs were also examined, such as paying some costs now borne by IOUs out of state funds or reducing costs of some programs by cutting back on requirements or requiring state funding. In short, local governments prefer to retain the current property tax system. They are open to paying IOUs out of state funds or cutting state-imposed costs, but would prefer not to rely on general fund aid. NSP believes ideas proposed to date that retain the current property tax system have problems of constitutionality or revenue sufficiency. Potential solutions eliminating the centrally proposed property tax system: The following options were explored, with no consensus: 1)Reform restricted to the utility tax problem: No agreement from the host communities is expected, unless they can be satisfied it meets their security needs. 2) Statutory reform addressing local governments'concerns about the state/local fiscal system from within the general fund: There is little chance of agreement, and general fund solutions are generally viewed as lacking security. The current system is dependable, but any state revenue stream replacing it is viewed as undependable. 3) Statutory reform of the state/local fiscal system outside the general fund: Local governments are less opposed to a purely statutory reform program that's outside the general fund and would prefer a constitutional amendment for security reasons but recognize this presents major political problems. The group explored several methods of bypassing the general fund, as well as other ideas, including an energy consumption tax, local or metro sales tax, local payroll tax, local income tax, and others. 4) Constitutional amendment coupled with statutory reform of the state/local fiscal system: This would dedicate certain revenue sources to local governments, but it would be politically difficult to pass an amendment that would be perceived to guarantee the status quo to the few communities that are now wealthy due to a power plant site. i • Steering Committee Report on Reform Discussions I. How to View the Problem A. Does a problem exist? 1. Local governments have not agreed that a problem exists. a. Some local officials believe that the value of Minnesota power plants will increase under deregulation because they can produce power cheaper than areas outside the MAPP, that they will be in great demand. They see some hope of increasing local revenues under the existing system, but apparently are willing to settle for the status quo. b. Some local officials believe that an independent authority, such as the PUC, should be involved in deciding whether a problem exists and, if so, the dollar extent thereof. This could be part of the trigger mechanism. c. Some local officials think it is premature to discuss tax issues before deregulation occurs and a competitive market exists. Then it would be much easier to decide whether a problem exists and, if so, the dollar extent thereof. d. Some local officials agree that there is a problem. 2. NSP believes that utility personal property taxes present a serious problem for them in a competitive market, and this problem must be solved ahead of competition. 3. Lack of consensus on both the reality and the size of the problem makes it next to impossible to agree on a solution. B. If there is a problem, the Steering Committee viewed it as one with three elements: Money 2. Source of money: a. Local governments- (1) Primary focus is on protecting local taxpayers. (2) Do not think it is possible for many communities to replace utility property tax revenues from other local sources. 1 • (3) Do not want revenues flowing from the state general fund to them for security reasons. (4) Are not sufficiently convinced of the existence or extent of problem for IOUs to warrant agreeing now to eliminate the centrally assessed property tax system. (5) Probably would not oppose any reasonable proposal to raise funds for the state general fund that are then paid out to the IOUs. However, constitutionally this would not appear viable. (6) Open-minded regarding the possibility of the IOUs' proposing an electricity consumption fee, though as a practical matter would be more interested if it ever appeared that the Legislature might actually enact a solution paying them out of the general fund. (7) Need some way to protect local bond ratings and capacity. No replacement revenue will be as reliable as the property tax. b. NSP - (1) Does not think it is practical for some communities to replace utility property tax revenues entirely from other local sources. (2) Prefers to repeal the personal property tax but recognizes that replacement revenues should be provided to local governments, rather than providing assistance to NSP, for constitutional/legal reasons. (3) Prefers replacement of personal property tax through general fund dollars, but recognizes the political difficulty of this approach, and would support a consumption fee for replacement. 3. Security- a. For NSP, security is about competitiveness(present and prospective future)and risk(of additional legislated change or from competing sources of energy). For local governments, security refers to fear of the loss of reliable revenues and creditworthiness. 2 • • b. Local governments want to retain the current property tax system, including taxation of utility personal property. This is a security concern. c. NSP wants to eliminate the disparity created by the personal property tax. This is a competitive security concern. d. Whether a possible solution reduces or eliminates the personal property tax, focuses on cutting NSP's costs through credits, or does some of each, there is concern about how the change will be funded. This is a legal concern. (1) General fund solutions are seen by both sides as inherently short on security. For local governments, the concern focuses on the likelihood that a replacement revenue stream will be taken away, diverted, or not allowed to grow sufficiently in the future. NSP is concerned about both the political viability and constitutionality of proposals aimed squarely at benefiting utilities and their customers. (2) Avoiding the general fund, which could be done by having a tax be locally collected and administered, but with distribution in accordance with a state wide formula, is viewed with some interest on the local government side. (3) A constitutional amendment is seen as the ideal way to solve the security concern,but very difficult politically. Probably it would only be worth considering in the context of a major reform of the state/local fiscal system that would provide local governments with revenue source flexibility beyond the property tax, as opposed to a$60-$200 million repair of the existing system that deals solely with utility property taxes. C. There are three fundamental approaches to a solution. 1. Do nothing. 2. Retain the current property tax system, including taxation of utility personal property, and some or all of the following: a. Reduce IOUs' tax burden by- (1) Reducing the property tax; (2) Reducing other utility taxes; 3 • . (3) Providing IOUs with state-paid tax credits; (4) Reducing other state-imposed costs of IOUs. b. Fund the reductions with- (1) A replacement revenue stream for communities, subject to the security concerns noted above; (2) Credits for the IOUs, subject to the legal concerns noted above. (3) Reduction of other IOU costs through some combination of transferring responsibilities back to the general fund or reducing certain required expenditures. 3. End the centrally assessed property tax system, completely repealing the property tax on utility personal property and providing a replacement revenue stream for communities, subject to the security concerns noted above. D. There is no consensus on which basic approach to take. 1. Local governments prefer the first or second approach due to a combination of security concerns and lack of consensus that there really is a problem. Probably the only hope for their up front acceptance of the third approach is as part of a major state/local fiscal system reform proposal that addresses their deep concerns about revenue system flexibility and stability. 2. NSP prefers the third approach, for constitutional/legal concerns and because solutions under the second approach do not provide sufficient relief. II. Potential Elements of Reform Retaining the Centrally Assessed Property Tax System A. Property Tax System Changes. 1. Reduce the class rate on utility personal property(and possibly operating system buildings). a. To 3.5% as business property generally is reduced to that legislated target, with 1998 being thought a likely year to get this done. 4 • • b. To whatever the rate is on the first value increment of business property(now 2.7%), which might have some stability, this would be more problematical to sell to host communities, presumably requiring greater attention to replacement revenue streams than just hanging with business property generally. c. To the 1% level of low value homes, which might suffice to reduce major bonding concerns over loss of tax base, and might have some stability(as treating such property like most homes in exchange for taxing personal property), but would be difficult to impossible to sell to host communities. d. To the .4%level (or some other level below 1%), which would solve much or all of NSP's money problem in the first instance (though leave it with security concerns), but is not thought to be workable due to the risk that it would cause bond rating problems, be opposed by the host communities, and be very difficult to sell politically. (Utilities equated with disabled homeowners and family farmers?) 2. Remove the statewide general education levy from utility personal property. One estimate is that this might save NSP $40-45 million and a similar amount for the other IOUs combined. Adjustment to the incidence of the General Education Levy would not reduce school district revenues or otherwise harm them financially. 3. Enact a limited market value concept for utility operating property that would limit increases to the increase in the implicit price deflator for governmental purchases(or some other appropriate index). This would not apply to new additions. This would only be helpful if the belief of some that Minnesota power plants will be more valuable under competition is borne out. Limited market value is questionable from a policy perspective, but that has not stopped the Legislature from using it in other situations. 4. Expand the disparity reduction aid along the following lines: Each power plant would be a special taxing district(and a unique taxing jurisdiction). The aid amount could be set at whatever level was desired, up to and including the most recent level of utility personal property tax paid by the power plant. Aid would be paid to the communities in the special district (city, county, school and special taxing districts) and would reduce, on a dollar for dollar basis, the property taxes that otherwise would be collected from the property in the special district. a. The DRA approach would reduce the property tax rate in the special district (i.e., on the power plant)to whatever level the 5 • • Legislature desired, or to whatever extent the money appropriated would provide. This would be a general fund aid program payable to local governmental units, but benefiting the IOUs. b. The amount of aid would be subject to the annual general fund funding battle. If it were reduced, the taxes in the special district (i.e., on the power plant)would increase, and if it were eliminated, such taxes would be at whatever level they would be at without the program. c. Is there a constitutional problem? The program plainly would only be enacted to benefit in-state generation, but there would be no direct payment to IOUs. (1) If funded from moneys paid by out-of-state generators, there could be a problem. (2) What about an electricity consumption tax flowing through the general fund? (3) If there were no special tax at all on electricity, the situation would simply be the typical one of attempting to benefit in- state businesses with incentives. Would there be something special about the rationale for moving from monopoly to competition in the electric industry that would make this susceptible to challenge where the typical subsidy of in-state business production clearly is not? B. Other Tax Credits 1. NSP thinks that property tax credits are unworkable for constitutional reasons, at least if funded from an electricity consumption tax, or enacted contemporaneously therewith(See West Lynn Creamery). Local governments are not so sure it is unworkable. Other states that are exploring these issues will probably have their approaches either upheld or struck down in federal court in time for Minnesota to potentially consider similar approaches. 2. Income tax credit for personal property taxes paid. a. NSP feels that the amount is inadequate. Local governments disagree on total amount necessary, and many feel that total amount need not come from a single source. 6 • • • b. Perceived adequacy problem could be exacerbated if IOUs are broken up into separate, unrelated entities, as income and property tax levels might not correlate well. c. NSP feels West Lynn raises a potential constitutional challenge. 3. Income tax exemption. 4. Other state fees with a credit for property taxes paid. (GM v. Tracy?) C. Other Ways to Reduce IOU Costs 1. Pay some costs now borne by IOUs out of state funds. Local governments think these are worth exploring, but NSP believes that their would be political issues and that the potential relief would be inadequate. a. State-mandated social programs affecting rates. b. Conservation improvement programs. c. Pollution control measures. d. Repair of utility infrastructure damage caused by natural disasters (which would seem to have major legal issues). 2. Reduce costs of some programs by cutting back on requirements or requiring state funding. a. Very vague. b. Clearly would require a political battle. Takes this out of the realm of just dealing with money. D. Local governments prefer to retain the current property tax system. They are open to paying IOU's out of state funds or cutting state-imposed costs,but would prefer not to rely on general fund aid. E. NSP believes that anything proposed to date that retains the current property tax system has problems of constitutionality or revenue sufficiency. III. Potential Elements of Reform Eliminating the Centrally Assessed Property Tax System A. Reform restricted to the utility tax problem. 1. There appears to be no chance of the host communities agreeing now to such a reform unless they are satisfied that it meets their security needs and 7 i • that the utilities can demonstrate that they actually need it. 2. No purely statutory general fund solution would be viewed now as meeting local governments' security needs. 3. Theoretically, a constitutional amendment could solve local governments' and NSP's security problems, but it seems unlikely that a constitutional amendment focused solely on the utility tax problem would have any chance of passage by either the Legislature or the voters. B. Statutory reform addressing local governments' concerns about the state/local fiscal system from within the general fund. 1. There appears to be little chance of the host communities agreeing now to such a reform because local governments regard reliance on funding from the state general fund as inherently insecure. This includes any imaginable augmentation of general fund revenues to make this affordable. 2. General fund solutions are viewed as lacking security and likely to be taken away as fast as they are created. 3. The major concern appears to be the dependability of the property tax and insecurity of any state revenue stream to replace it, and not over whether IOUs would benefit unduly if property taxes are reduced, though proposing the elimination of the personal property tax will make undue benefit an issue. C. StatutoryReform of the State/Local Fiscal System Outside the General Fund. 1. Local governments are slightly less opposed to a purely statutory reform program that is outside the general fund. They would prefer a constitutional amendment for security reasons, but recognize that there are major political problems in passing one. 2. Methods of bypassing general fund. a. Provide local authority to switch on a tax, with revenues retained in community in which collected. Problem: No significant help to host communities on the property tax problem because of a lack of local tax base. b. Enact a tax at the state level, with revenues retained in community in which collected. Same problem. c. Enact a tax at the state level, administered and collected by the Department of Revenue, with distribution to local governments in accordance with a statutory formula. This could be described as a 8 dedicated revenue source. It could get money to host communities. It might be perceived as more secure than a general fund aid program, but security is still seen as a big issue. d. Enact a tax at the state level, with joint administration by Revenue and the counties and distribution of proceeds pursuant to statutory formula. Similar to c, but probably seen as slightly more secure. Problems: administrative complexity; potential political difficulty if advertised as a local tax if the revenues flow to communities other than where collected. (Electricity production tax modeled on taconite production tax as an example.) 3. Other ideas discussed a. Electricity (or energy) consumption tax. b. Local sales tax. c. Metro sales tax. d. Local payroll tax(city, school, or county). e. Local income tax(county, school, or city). f. A statutory distribution program(whether built into the tax or as a non-general fund aid, or perhaps even a general fund aid)that would distribute money based on the cost(or physical extent or value?) of infrastructure. (1) Infrastructure clearly would include utility operating systems. Here is where host communities benefit. (2) Could also include major public infrastructure. (3) Given(1), might also include business property(or perhaps industrial, but not commercial). (4) May also be a way to encourage whatever is needed to provide Minnesotans with full access to the benefits of the information revolution. g. Revisit LGA formula. This is almost certainly unworkable. h. End levy limits. i. Annexation reform to deal with the problem of people fleeing city property taxes, but returning to use city services. Note that some 9 • of the foregoing options could make this less of an issue. j. Perhaps shifting more of the burden of K-12 funding to the state (assuming that the traditional problems of volatility in the sales and • income taxes can be overcome), but explicit recognition of the state wide nature of the K-12 operating levies is of greater initial interest. D. Constitutional Amendment Coupled with Statutory Reform of the State/local Fiscal System. 1. Constitutional amendment would dedicate certain revenue sources to local governments. 2. It seems to be agreed that it would be politically difficult to pass an amendment perceived principally as guaranteeing the status quo to the handful of communities that are now exceptionally wealthy relative to other communities due to the power plant site. 3. It might be possible to eliminate the current details on gas tax distribution from the Constitution, if the price for providing such flexibility were to dedicate not only the gas tax(or a hefty portion thereof), but also one or more other revenue sources to local governments. 4. Possible additional taxes for dedication include: a. Electricity or energy consumption tax. b. Business activities tax. c. Guaranteed local right to piggy-back on certain state wide taxes. 5. Provision regarding the state responsibility for funding education might also be considered. 6. Development of a proposal would require recognition and resolution of tension over specificity vs. generality. Could a proposal that dedicated certain revenue sources to local governments, but left the Legislature with some flexibility on distribution among them find favor with local governments? Could a proposal that got very specific about distribution formulas find favor with legislators, governor and the public? 10