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League of Minnesota Cities How to estimate your 2011 levy limit Page 2 Special Levies for 2011 There are several special levies allowed beyond this levy limit. Below is a list of the most frequently used "special levies." Those marked with an "*" are special levies that cities can use for the first time for payable 2011. For a complete list of special levies, see MS 275.70, subd 5. • *Levies to recover 2010 LGA cuts in ratified unallotments • *Levies to recover 2010 MVHC reimbursement cuts in ratified unallotments • *Levies to recover 2010 LGA cuts in supplemental budget passed by 2010 legislature • *Levies to recover 2010 MVHC reimbursement cuts in supplemental budget • *Levies to recover 2011 MVHC reimbursement cuts in supplemental budget • Levies for bonds and most certificates of indebtedness. • Voter approved levies. • Levies to pay for federal or state matching requirements. • Levies for natural disaster recovery. • Levies for property tax abatements. • Levies for increases in PERA employer contributions. • Levies to repay a federal or state loan for a transportation or capital project. • Levy increases to fund police and firefighter relief associations. • Levies related to foreclosure costs • Levies for police and firefighter wage and benefit costs. Example of how to estimate the levy limit Information needed for calculation: ✓ Pay 2010 adjusted levy limit base = $900,000 = levy limit base for pay 2011 ✓ Percent change in number of households over last year = 2% ✓ Percent change in total market value of all property types as a result of new construction of commercial/industrial property= 0% ✓ 2011 estimated LGA= $3,250 ✓ 2011 taconite aid= $0 • 2011 wind energy production tax= $0 ✓ 2011 utility transition aid = $0 Calculation: Step 1: $900,000 Step 2: $900,000 x 1.68%= $915,120 Step 3: $915,120 x (1+half of 2%) = $915,120 x 1.01 = $924,271 Step 4: $924,271 x (1+0) = $924,271 x 1 = $924,271 (adjusted levy limit base for pay 2010) Step 5: $924,271 — $3,250 — 0 — 0 - 0 = $921,021 (2011 levy limit) For more information about levy limits, contact the following League of Minnesota Cities staff: Gary Carlson Jennifer O'Rourke Rachel Walker Director of Intergovernmental Relations Intergovernmental Relations Policy Analysis Manager (651) 281-1255 or (800) 925-1122 Representative (651) 281-1236 or (800) 925-1122 gcarlsonrudmc.org (651) 281-1261 or (800) 925-1122 rwalkericclmc.ore iorourkeuclmc.ore