HomeMy WebLinkAboutLocal Government Aid MINNESOTA DEPARTMENT OF REVENUE
LOCAL GCVERNMENT AIDS
AND ANALYSIS DIVISION
AUGUST 2, 1979
CLERK- TREASURER
OAK PARK HEIGHTS C I T Y OF
14168 57TH ST �NO.
STILLWATER MN 55082
THE PURPOSE OF THIS LETTER IS TO INFORM YOU OF THE AMOUNT OF LOCAL
GOVERNMENT AID THAT YOUR GOVERNMENTAL UNIT WILL RECEIVE IN CALENDAR
YEAR 1980 AND OF THE FACTORS USED IN CALCULATING THIS AID AMOUNT.
THE 1980 LOCAL GOVERNMENT AID FOR A CITY OR TOWN EXEMPT FROM THE 6%
LEVY LIMITATION IS EQUAL TO, ITS 1979 LOCAL GOVERNMENT AID PLUS AN
ADDITIONAL PER CAPITA AID DISTRIBUTION DEPENDING CN THE LEVEL OF ITS
AVERAGE EQUALIZED MILL RATE. THE AVERAGE EQUALIZED MILL. RATE IS THE
AVERAGE MILL RATE FOR TAXES PAYABLE YEARS 1977, 1978 AND 1979 .
MULTIPLIED BY THE 1978 ASSESSMENT /SALES RATIO. ADDITIONAL PER CAPITA
AID DISTRIBUTIONS ARE MADE ACCORDING TO THE FOLLOWING SCHEDULE.
AVERAGE EQUALIZED AID INCREASE
MILL RATE CITIES TOWNS
------------- - - - - -- -------- - - - - -- ------- - - - ---
10 MILLS OR LESS `S1 PER CAPITA NONE
10 MILLS - 20 MILLS $3 PER CAPITA $3 PER CAPITA
OVER 20 MILLS $5 PER CAPITA $5 PER CAPITA
THE FOLLOWING FACTORS PERTAIN TO YOUR GOVERNMENTAL UNIT.
1. AVERAGE MILL RATE FOR TAXES PAYABLE
YEARS 19771 1978, 1979 8.929
2. 1978 ASSESSMENT /SALES RATIO ..939
3. AVERAGE EQUALIZED MILL RATE (1 X 2) 8.384
4, PER CAPITA AID INCREASE 1
5. CURRENT POPULATION 2,130`
6. AID INCREASE {4 X 51 E 2,130
7. 1979 LOCAL GOVERNMENT AID S 77,434'
8. 1980 LOCAL GOVERNMENT AID (6 + 7) $ 79064
MINNESOTA STATUTES 1978 SECTION 477A9019 SUBDIVISION 4D PROVIDES
THAT A GOVERNMENTAL UNIT MAY OBJECT TO THE AMOUNT OF AID THAT THE
DEPARTMENT OF REVENUE HAS DETERMINED FOR ITS SUCH OBJECTION IS TO BE
RAISED WITHIN 60 DAYS AFTER RECEIPT OF THIS NOTIFICATION. ANY
OBJECTION SHOULD BE ADDRESSED TO WALLACE 0. DAHL, DIRECTOR, LOCAL
GOVERNMENT AIDS AND ANALYSIS DIVISION, DEPARTMENT OF REVENUE•
CENTENNIAL OFFICE BUILDING, ST. PAUL, MINNESOTA 55145,
IF YOU HAVE AVY QUESTIONS CONCERNING THIS LETTER, PLEASE CONTACT
RICHARD GARDNER AT (612) 296 -2246.
VERY TRULY YOUR S•
WALLACE 0. DAHL, DIRECTOR
LOCAL GOVERNMENT AIDS AND ANALYSIS DIVISION