Laserfiche WebLink
MISCELLANEOUS RATES <br />Metropolitan Council <br />Applies to all municipalities <br />Metropolitan Transit Commission <br />Applies to all municipalities except <br />North Oaks where the rate is 2.702 <br />and Town of White Bear where the <br />rate is 2.693 <br />.567 <br />3.242 <br />Mosquito Control .349 <br />Applies to all municipalities <br />County Library 1.858 <br />Applies to all units except St. Paul <br />North Suburban Hospital District .126 <br />Applies to Blaine, Mounds View <br />and Spring Lake Park <br />St. Paul Housing Authority .551 <br />Applies only to City of St. Paul <br />Metro Watershed District (Ramsey- Wash.) .154 <br />Applies where designated by (M) on <br />reverse side. <br />Rice Creek Watershed District <br />Applies where designated by (R) on <br />reverse side. <br />Valley Branch Watershed District <br />Applies where designated by (V) on <br />reverse side. <br />.233 <br />1.067 <br />TAX COMPUTATION <br />Example of tax computation for 1984 on a Home- <br />stead Property in St. Paul - 625, assessed at <br />an Estimated Market Value of $70,000: <br />Assessed value is determined as follows: <br />17% x first $30,000 of Estimated <br />Market Value equals $ 5,100 <br />19% x next $30,000 of Estimated <br />Market Value equals 5,700 <br />30% x excess over $60,000 Estimated <br />Market Value equals 3,000 <br />Taxable Assessed Value $ 13,800 <br />This assessed value is the amount to <br />which the tax rate is applied. <br />.112450 x $13,800 equals gross tax $1,551.82 <br />*$12,900 x .112450 x 54% (Limit $650.) <br />equals Homestead Credit 650.00 <br />Tax Payable $ 901.82 <br />*Homestead Credit is paid on the 1st <br />$67,000 of Estimated Market Value only. <br />$12,900 is the resulting assessed value <br />on a homestead with a $67,000 Estimated <br />Market Value. <br />FISCAL DISPARITY SHARING FACTORS <br />Arden Hills <br />Blaine <br />Falcon Heights <br />Gem Lake <br />Lauderdale <br />Little Canada <br />Maplewood <br />Moundsview <br />New Brighton <br />North Oaks <br />North St Paul <br />Roseville <br />St. Anthony <br />St. Paul <br />Shoreview <br />Spring Lake Park <br />Vadnais Heights <br />White Bear Lake <br />Town of White Bear <br />.250215 <br />.194177 <br />. 179070 <br />.225732 <br />.102630 <br />.301531 <br />.169717 <br />. 239915 <br />.254813 <br />.197291 <br />. 182381 <br />. 216027 <br />.115038 <br />.144471 <br />.231277 <br />.175976 <br />.202814 <br />. 253989 <br />.243847 <br />TAX INCREMENT DISTRICT'S SHARING FACTORS <br />#11 Energy Park - St. Paul .439984 <br />1112 Blighted District - St. Paul .597686 <br />1113 Blaine .936499 <br />1114 Blaine .978512 <br />1121 New Brighton .046424 <br />1122 New Brighton .068107 <br />1123 New Brighton .303352 <br />1124 Block 40- Expansion of 7th <br />Place - St. Paul <br />1125 North St Paul <br />1126 Roseville <br />1127 Roseville <br />1128 Hammond Bldg. - St. Paul <br />1661 North St. Paul <br />1181 Park Nursery - St. Paul <br />1182 Seventh Place - St. Paul <br />FISCAL DISPARITY RATE <br />.621044 <br />.985355 <br />.164037 <br />.085227 <br />.357501 <br />.976022 <br />.954746 <br />.621044 <br />FD (Fiscal Disparity) rate . . . 101.727 <br />The appropriate FD sharing factor times <br />the assessed value of real or personal <br />property classified commercial or <br />industrial bears this rate. <br />WHAT IS A MILL? <br />A mill is one tenth of a cent or a <br />thousandth part of a dollar. Therefore, <br />one mill results in $1.00 of tax for <br />each $1,000 of assessed valuation. <br />Prepared by: <br />DEPARTMENT OF TAXATION & RECORDS ADMINISTRATION <br />Lou McKenna, Director <br />138 Court House <br />J St. Paul, Minnesota 55102 <br />Rev. 1 -16 -84 <br />