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04-09-1975 Council Agenda
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04-09-1975 Council Agenda
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WENDELL R. ANDERSON <br />GOVERNOR <br />Dear :.E'.- ,;islator: <br />STATE ()V MINN I ?tic)'1'.\ <br />OFFICE OF THE (I0 VKU,N-o:: <br />S'l'. 2'AU7. 55155 <br />In his budget message, Governor Anderson tronosed a return <br />of r.. gross earnings taxes to local governments. This refund, es- <br />_..at: to cost over 946 million in 1976, will hn _ nt7-uar 130?ense <br />in st.55te aid to municipalities and counties. Enclose:_ is an estimate <br />of the distribution of these funds for the county or counties in <br />which your district lies. <br />In a time of fiscal difficulty of local governments, it is <br />necessary for the State to take steps to relieve pressure on <br />these communities. If the State does not provide unds, local <br />communities will be forced to raise local hroaerty ,..;cg's. This year, <br />1975, local property taxes are expected to rise 15 to 2D ::ercent. <br />• Property taxes will rise by at least that ..uch. a, ^a.,. ... 197 unless <br />the State takes action. <br />Governor Anderson has proposed sever a' _ } to pr <br />this undesirable increase in local property taxes tr <br />with adequate school aids, the two most important s'- <br />age of the "Inceme- 7'djusted Prooerty Tax Relief Syst <br />vides state prooerry tax relief directly to homeownht nd rent <br />and the refund of gross earnings taxes to iocai governments. <br />The attached estimate should hell; <br />1 <br />the gross earnings aids on communities in your _._n <br />Sincere <br />l e e r t <br />John E. <br />Staff P\ <br />Taxa t i . <br />?OS <br />S <br />
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