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June 27, 1980 <br />S i /V L OF MINNESOTA <br />DEPARTMENT OF REVENUE <br />CENTENNIAL OFFICE BUILDING <br />SAINT PAUL, MINNESOTA 55145 <br />PHONE: <br />TO: THE FINANCE OFFICERS OF CITIES AND TOWNS SUBJECT TO THE 8% LEVY LIMITATION <br />(MINNESOTA STATUTES, SECTIONS 275.50 TO 275.56, AS AMENDED) <br />RE: THE DETERMINATION OF WHICH CITIES AND TOWNS HAVE 1980/1981 LEVY LIMIT BASES <br />PER CAPITA THAT ARE BELOW 85 PERCENT OF THE AVERAGE 1980/1981 LEVY LIMIT <br />BASE PER CAPITA FOR THE CITIES AND TOWNS WITHIN THE SAME COUNTY <br />As required under Minnesota Statutes, 1979 Supplement, Section 275.52, Subdivision <br />4(d), the Department of Revenue has determined for each county the average 1980/1981 <br />levy limit base per capita for those cities and towns in the county that are subject <br />to the 8% levy limitation. This provision permits any city or town which has a levy <br />limit base per capita that is below 85% of the average for its county to apply for <br />an adjustment to its 1980/1981 levy limit base. <br />The enclosed table shows the 1980/1981 levy limit base er capita <br />town in your county subject to the 8% levy limitation, the average for <br />is per capita, and 85% of the average. A city which is joint in two or more counties <br />considered <br />thesecounties. The followingsisuaneexplanation $ofetheltable: ° within each of <br />Column <br />Descr_ iption <br />1 Payable 1980 levy limit base before any street maintenance and refuse collection <br />adjustments and before the deduction of 1980 aids. <br />2 Payable 1980 levy limit base adjustment for street maintenance and refuse <br />collection claimed on the payable 1980 Form 280. <br />3 <br />Base adjustment for one -half of the payable 1980 special levy for increased <br />industrial and commercial development costs which cannot be claimed as a <br />special levy for taxes payable in 1981. <br />4 Adjusted levy limit base <br />(columns 1 + 2 + 3), <br />5 Payable 1981 levy limit base (column 4 X 1.08; 1.06 for Duluth, Minneapolis <br />and St. Paul). <br />6 The levy limit population for the taxes payable year 1980. <br />7 Levy limit base per ca p ita (column 5 <br />t column 6) <br />8 County average levy limit base <br />subject to levy limits). Per capita (column 7 t number of cities /towns <br />9 85% of the county average levy limit base capita (column 8 X <br />per ca ita .85). <br />(0 V E R) <br />AN EQUAL OPPORTUNITY EMPLOYER I : "7 <br />� 5 <br />