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HomeMy WebLinkAboutLocal Government Aid �+ a i �1 Ct TNF B ay0 V �+ 7N 0 r1NNL STATE OF MINNESOTA DEPARTMENT OF REVENUE P.O. Box 64446 St. Paul, MN 55164 612/296 -2286 August 8, 1986 TO: CITY FINANCE OFFICERS RE: 1987 LOCAL GOVERNMENT AID NOTICE The 1986 Legislature changed the formula for determining local government aid for cities. The amount of your city's 1987 local government aid under the new formula has been determined and is shown on the enclosed notice. The first of the two installments of this aid will be paid on July 15, 1987. The enclosed notice also lists the factors that pertain to your city which were used in determining your city's local government aid. The following is an explanation of these factors: 1. PAYABLE 1984 PROPERTY TAX LEVY: This is the total property tax levy for your city reported on your county auditor's Abstract of Tax Lists for the taxes payable year 1984. For all but two cities located within the seven county metropolitan area (Anoka, Carver, Dakota, Hennepin, Ramsey, Scott and Washington Counties), this amount includes the 1984 fiscal disparities distribution levy. 2. PAYABLE 1985 PROPERTY TAX LEVY: Same as line 1, except that it is for payable 1985. 3. PAYABLE 1986 PROPERTY TAX LEVY: Same as line 1, except that it is for payable 1986. 4. 1984 LOCAL GOVERNMENT AID: This is the amount of local government aid that your city was certified to receive in 1984. 5. 1985 LOCAL GOVERNMENT AID: This is the amount of local government aid that your city was certified to receive in 1985. 6. 1986 LOCAL GOVERNMENT AID: This is the amount of local government aid that your city was certified to receive in 1986. 7. 1983 ATTACHED MACHINERY AID: If your city qualified to receive attached machinery aid in 1983, this is the amount of your city's attached machinery aid for that year. 8. 1983 POPULATION ESTIMATE: If your city is located within the seven county metropolitan area, this is the April 1, 1983 population estimate determined by the Metropolitan Council. If your city is located outside of the metropolitan area, this is the April 1, 1982 population estimate determined by the State Demographer's Office. AN EQUAL OPPORTUNITY EMPLOYER o v e r C � 9. 1983 ATTACHED MACHINERY AID PER CAPITA: This is the amount determined by dividing your city's 1983 attached machinery aid (if any) by your city's 1983 population estimate. 10. ATTACHED MACHINERY AID ADJUSTMENT: If your city's 1983 attached machinery aid per capita is greater than $70, this adjustment is equal to the amount of your city's 1983 attached machinery aid. If your city's 1983 attached machinery aid is equal to or less than $70, there is no adjustment. 11. ADJUSTED 1984 LOCAL GOVERNMENT AID: This is the amount of your city's 1984 local government aid from line 4 minus your city's attached machinery aid adjustment (if any) from line 10. 12. ADJUSTED 1985 LOCAL GOVERNMENT AID: This is the amount of your city's 1985 local government aid from line 5 minus your city's attached machinery aid adjustment (if any) from line 10. 13. 1984 FISCAL NEED: This is the sum of your city's payable 1984 property tax levy from line 1 and your city's adjusted 1984 local government aid from line 11. 14. 1985 FISCAL NEED: This is the sum of your city's payable 1985 property tax levy from line 2 and your city's adjusted 1985 local government aid from line 12. 15. 1986 FISCAL NEED: This is the sum of your city's payable 1986 property tax levy from line 3 and your city's 1986 local government aid from line 6. 16. THREE YEAR SUM OF FISCAL NEED: This is the sum of your city's 1984, 1985 and 1986 fiscal need. 17. PRELIMINARY 1987 FISCAL NEED FACTOR: This is your city's 3 year sum of fiscal need divided by the number 3. It represents an average fiscal need for the three years. 18. 25% OF 1982 WATER WELL BONDS: For an applicable city, this is 25% of the principal amount of bonds issued in 1982 to pay for the construction or reconstruction of water wells which replaced a municipal water supply found to be an environmental health hazard by the State Department of Health. 19. FINAL 1987 FISCAL NEED FACTOR: This is your city's preliminary 1987 fiscal need factor from line 17 plus the adjustment for water well bonds if any, from line 18. 20. 1986 POPULATION ESTIMATE: If your city is located within the seven county metropolitan area, this is the 1986 population estimate determined by the Metropolitan Council. If your city is located outside of the metropolitan area, this is the 1985 population estimate determined by the State Demographer's Office. 21. FISCAL NEED PER CAPITA: This is your city's final 1987 fiscal need factor from line 19 divided by your city's 1986 population estimate from line 20. continued -2- City Finance Officers 1987 LGA Notice August 8, 1986 22. LOCAL EFFORT MILL RATE: This is a variable amount depending on your city's fiscal need per capita. If your city's fiscal need per capita is $350 or less, the local effort mill rate is equal to the fiscal need per capita divided by $17 per capita per mill. If your city's fiscal need per capita exceeds $350, the local effort mill rate is equal to 20.588 mills ($350/$17) plus the portion of your city's fiscal need per capita over $350 divided by $15 per capita per mill. The minimum local effort mill rate is 8.000 mills. 23. 1985 ADJUSTED ASSESSED VALUE: This is your city's taxable value for assessment year 1985 after adjustment for the assessor's level of assessment. The assessor's level of assessment is determined by the Property Equalization Division of the Department of Revenue. 24. 1987 FISCAL CAPACITY: This is your city's 1985 adjusted assessed value from line 23 multiplied by your city's local effort mill rate from line 22. 25. 1987 PRELIMINARY LOCAL GOVERNMENT AID: This is your city's final 1987 fiscal need factor from line 19 minus your city's fiscal capacity. If the fiscal capacity amount is greater than the fiscal need factor, your city's preliminary aid is zero. 26. ADJUSTED 1987 PRELIMINARY AID: This is the greater of your city's 1986 local government aid from line 6 or your city's 1987 preliminary local government aid from line 25. 27. FINAL ADJUSTED 1987 PRELIMINARY AID: For most cities, this is the same as line 26. However, if your city qualified for the attached machinery aid adjustment on line 10, this amount include's your city's attached machinery aid adjustment. 28. 1987 AID INCREASE: This is your city's final adjusted 1987 preliminary aid from line 27 minus your city's 1986 local government aid from line 6. If there is no increase, this amount is zero. 29. AID INCREASE ADJUSTED FOR APPROPRIATION LIMIT: The 1986 Legislature imposed a limit of $297,440,000 on the amount of local government aid that could be distributed to cities in 1987. Since the sum of the 1986 local government aid determined for cities amounted to $285,822,923 and since a city's minimum aid for 1987 is its 1986 local government aid, there is $11,617,077 of aid increase available to the cities for 1987. The total calculated aid increase for cities under the formula is $149,941,023. Part of this amount is reduced by the maximum aid limitations that follow this step. It was found that if the total aid increase at this step was reduced to $14,883,852 the total local government aid for cities after application of the maximum limits would be reduced to the appropriation limitation. Therefore, every city that had an aid increase for 1987 had its increase reduced to 9.92647% ($14,883,852 = $149,941,023) of the calculated amount in order to stay within the appropriation limitation. 30. 1987 LOCAL GOVERNMENT AID AFTER APPROPRIATION LIMIT: This is the sum of your city's 1986 local government aid from line 6 and your city's adjusted aid increase from line 29. over -3- 31. 1985 POPULATION ESTIMATE: If your city is located within the seven county metropolitan area, this is the April 1, 1985 population estimate determined by the Metropolitan Council. If your city is located outside of the metropolitan area, this is the April 1, 1984 population estimate determined by the State Demographer's Office. 32. 1986 LOCAL GOVERNMENT AID PER CAPITA: This is the 1986 local government aid from line 6 divided by your city's 1985 population estimate from line 31. 33. MAXIMUM AID IF 1986 LGA PER CAPITA IS GREATER THAN OR EQUAL TO $200.00: If your city's 1986 local government aid per capita is at least $200, your city's maximum local government aid for 1987 is equal to 104% of your city's 1986 local government aid from line 6. If your city's 1986 local government aid per capita is less than $200, no amount is entered on this line. 34. MAXIMUM AID IF 1986 LGA PER CAPITA IS LESS THAN $200.00: If your city's 1986 local government aid per capita is less than $200, your city's 1987 local government aid cannot exceed 105.8% of your city's 1986 local government aid from line 6. If your city's 1986 local government aid per capita is $200 or greater, no amount is entered on this line. 35. MAXIMUM AID IF 1986 LGA PER CAPITA IS LESS THAN $200.00: If your city's 1986 local government aid per capita is less than $200, your city's 1987 local government aid also cannot exceed $208 per capita, based on your city's 1985 population estimate from line 31. If your city's 1986 local government aid per capita is $200 or greater, no amount is entered on this line. 36. FINAL MAXIMUM AID: If your city's 1986 local government aid per capita is $200 or more, this is the maximum aid amount from line 33. If your city's 1986 local government aid per capita is less than $200, this is the lesser of the two maximums from lines 34 and 35. 37. 102% OF 1986 LGA: Cities of the first class are guaranteed a 1987 local government aid amount at least as great as 102% of their 1986 local government aid. For all other cities, no amount is entered on this line. 38. PRELIMINARY 1987 LGA: This is the lesser of your city's 1987 local government aid after the appropriation limit from line 30 or your city's final maximum aid from line 36. If your city is a city of the first class, this amount cannot be less than 102% of your city's 1987 local government aid from line 37. 39. REDUCTION FOR STATE COSTS: The 1985 Legislature provided that one -half of the annual cost to the State Demographer of developing population and household estimates for local units of government is to be deducted each year from the local government aid distributions. The total $16,000 reduction for this purpose has been allocated on a pro rata basis to all county governments, cities and towns entitled to receive local government aid in 1987. The reduction amounts to .005028% of your city's preliminary aid. 40. FINAL 1987 LOCAL GOVERNMENT AID: This is the amount of local government aid your city can expect to receive in 1987. It is equal to your city's preliminary aid from line 38 minus the reduction for state costs from line 39. continued -4- City Finance Officers 1987 LGA Notice August 8, 1986 Minnesota Statutes 1984, Section 477A.014 provides that a governmental unit may object to the amount of aid that the Department of Revenue has determined for it. No objection may be raised later than 60 days after receipt of this notice. Such objection should be addressed to Wallace 0. Dahl, Director, Local Government Aids and Analysis Division, Department of Revenue, P.O. Box 64446, St. Paul, Minnesota 55164. If you have any questions concerning this letter, please call me at (612) 296 -2286. Very truly yours, _ 9�� n WALLACE 0. DAHL, DIRECTOR Local Government Aids and Analysis Division WOD:RBG:mac Enclosure -5- � s MINNESOTA DEPARTMENT OF REVENUE LOCAL GOVERNMENT AIDS AND ANALYSIS DIVISION P.O. BOX 64446 SAINT PAUL, MINNESOTA 55164 PHONE= (612) 296 -2286 1987 LOCAL GOVERNMENT AID NOTICE AUGUST 8, 1986 CLERK - TREASURER CITY HALL OAK PARK HEIGHTS CITY OF P.O. BOX 2007 STILLWATER MN 55082 THE 1987 LOCAL GOVERNMENT AID FOR YOUR CITY IS S 99,651 . THE FOLLOWING IS A LISTING OF THE FACTORS USED IN THE CALCULATION OF YOUR CITY'S 1987 LOCAL GOVERNMENT AID. SEE THE ENCLOSED LETTER FOR AN EXPLANATION OF THESE FACTORS AND FOR ADDITIONAL INFORMATION CONCERNING THE DETERMINATION OF YOUR CITY'S LOCAL GOVERNMENT AID. 1. PAYABLE 1984 PROPERTY TAX LEVY: $ 696,764 2. PAYABLE 1985 PROPERTY TAX LEVY= $ 722,852 3. PAYABLE 1986 PROPERTY TAX LEVY: $ 722,333 4. 1984 LOCAL GOVERNMENT AID: $ 94,074 5. 1985 LOCAL GOVERNMENT AID: $ 99,718 6. 1986 LOCAL GOVERNMENT AID: $ 99,656 7. 1983 ATTACHED MACHINERY AID: $ 460 8. 1983 POPULATION ESTIMATE: 3,140 9. 1983 ATTACHED MACHINERY AID PER CAPITA (7/8): $ .15 10. ATTACHED MACHINERY AID ADJUSTMENT (7, IF 9 IS GREATER THAN $70.00) $ 11. ADJUSTED 1984 LOCAL GOVERNMENT AID (4-10): $ 94,074 12. ADJUSTED 1985 LOCAL GOVERNMENT AID (5 -10): $ 99,718 13. 1984 FISCAL NEED (1 +11): $ 790,838 14. 1985 FISCAL NEED (2 +12): $ 822,570 15. 1986 FISCAL NEED (3 +6): $ 821,989 16. 3 YEAR SUM OF FISCAL NEED (13 +14 +15): $ 2,435,397 17. PRELIMINARY 1987 FISCAL NEED FACTOR (16/3.0) $ 811,799 18. 25% OF 1982 WATER WELL BONDS: $ 19. FINAL 1987 FISCAL NEED FACTOR (17 +18): $ 811,799 20. 1986 POPULATION ESTIMATE: 3,392 21. FISCAL NEED PER CAPITA (19/20) $ 239.33 22. LOCAL EFFORT MILL RATE= 14.078 23. 1985 ADJUSTED ASSESSED VALUE: $ 51,125,542 24. 1987 FISCAL CAPACITY (22 X 23): $ 719,745 25. 1987 PRELIMINARY LOCAL GOVERNMENT AID (19 -24): $ 92,054 26. ADJUSTED 1987 PRELIMINARY AID (GREATER OF 6 OR 25): $ 99,656 27. FINAL ADJUSTED 1987 PRELIMINARY AID (10 +26): $ 99,656 28. 1987 AID INCREASE (27 -6): $ 29. AID INCREASE ADJUSTED FOR APPROPRIATION LIMIT (28 X .0992647) $ 30. 1987 LOCAL GOVERNMENT AID AFTER APPROPRIATION LIMIT (6 +29): $ 99,656 31. 1985 POPULATION ESTIMATE: 3,400 32. 1986 LOCAL GOVERNMENT AID PER CAPITA (6/31): $ 29.31 33. MAXIMUM AID IF 1986 LGA PER CAPITA IS GREATER THAN OR EQUAL TO $200.00 (6 X 1.04): $ 34. MAXIMUM AID IF 1986 LGA PER CAPITA IS LESS THAN $200.00 (6 X 1.058): $ 105,436 35. MAXIMUM AID IF 1986 LGA PER CAPITA IS LESS THAN $200.00 (31 X $208.00) $ 707,200 36. FINAL MAXIMUM AID (33 OR LESSER OF 34 OR 35): $ 105,436 37. 102% OF 1986 LOCAL GOVERNMENT AID (CITIES OF THE FIRST CLASS ONLY): $ 38. PRELIMINARY 1987 LGA (LESSER OF 30 OR 36, BUT NOT LESS THAN 37 FOR FIRST CLASS CITIES): $ 99,656 39. REDUCTION FOR STATE COSTS (38 X .00005028): $ 5 40. FINAL 1987 LOCAL GOVERNMENT AID (38 -39): $ 99,651