|
The cities are in descending
<br />population order . Following the
<br />population the tables show five
<br />values. The assessed value is first,
<br />followed by the tax increment
<br />value and contribution value
<br />which, when subtracted from the
<br />assessed value, give the taxable
<br />value.
<br />For those cities containing
<br />power line assessed value, this
<br />value is not shown separately but
<br />has been subtracted to arrive at
<br />the taxable value. The final value
<br />is the fiscal disparity distribution
<br />value. This value times the
<br />governmental unit's payable 1987
<br />mill rate yields its 1988 fiscal
<br />disparity distribution tax. The
<br />1988 distribution tax was
<br />subtracted from the governmental
<br />unit's payable 1988 tax levy to
<br />determine its local levy. The local
<br />levy divided by the taxable value
<br />for local purposes yields the local
<br />mill rate.
<br />In many cities more than one
<br />total mill rate exists, therefore the
<br />mill rates for governmental
<br />subdivisions are average rates. The
<br />major local mill rate is the total
<br />mill rate which applies to the
<br />majority of value in the city.
<br />The taxes shown by county, city,
<br />school district, and special taxing
<br />district pertain to the local levy on
<br />local taxable value. The increment
<br />levies arc separate as well as
<br />contribution levies. The contribu-
<br />tion assessed value for taxes
<br />payable in 1988 wasa taxed at the
<br />area -wide rate of 118.812 mills.
<br />The total tax burden on all
<br />property in a city is the sum of the
<br />various levies plus the power line
<br />levy if it exists for the city.
<br />Table II:
<br />Non - metropolitan area
<br />The population cited for each of
<br />the 126 cities in the non -
<br />metropolitan counties on Table II
<br />is the most recent estimate as of
<br />April 1, 1987. The cities are in
<br />descending population order for
<br />easy comparison of the data for
<br />municipalities of similar size.
<br />Table II contains the same
<br />information for the non -
<br />metropolitan cities as Table I
<br />included for the metro cities. The
<br />major difference is fiscal dis-
<br />parities which applies only in the
<br />seven- county metropolitan area
<br />Special taxing district levies on
<br />Table II for the non- metropolitan
<br />counties include levies for
<br />watersheds, hospitals, housing and
<br />redevelopment authorities, sanitary
<br />sewer districts, port authorities,
<br />transit commissions, and regional
<br />development commissions.
<br />Portrait of the Great American Investor
<br />She'll go wherever the story takes her. She
<br />invests her time in her work and her money
<br />in U.S. Savings Bonds. Bonds now pay
<br />competitive rates, like money market
<br />accounts. Find out more, call
<br />1- 800-US- BONDS.
<br />Bonds held less than five years earn a lower rate.
<br />U.S. SAY /NGS BONDS
<br />HE GREAT AMERICAN INVESTMENT
<br />A public service of this publication.
<br />Cities over 2,000: Metro area
<br />POPLLATION
<br />ASSESSED VAL1E
<br />TAX INCREMENT
<br />CONTRIBUTION VALIE
<br />LCCAL TAXABLE VALUE
<br />DISTRIBUTION VALUE
<br />NEW MILL RATE
<br />MINTY
<br />CITY
<br />SC1Utl
<br />SPECIAL
<br />TOTAL =AL MILL RATE
<br />MAJORITY LOCAL MILL RATE
<br />TAT BURDEN
<br />COUNTY
<br />CITY
<br />BODOL
<br />SPECIAL
<br />To Doom
<br />CONTRIBUTION
<br />TOTAL TAT MIDI
<br />Mons
<br />MIIKAPOL I5 ST PAUL BLOOIIIGTDN BROCELYN PARK BURNSVILLE
<br />355 ,800 265,100 85,299 53,842 46,686
<br />3, 383, 661, 874 1,861, 675, 745 1, 140, 289, 501 343,427,910 454,858, 398
<br />361,068,608 147,425,979 49,657,880 30,971,267 6,268,252
<br />360,737,923 135,134,244 138,479,286 27,362,547 57,225,489
<br />2,661,855,343 1,579,115,522 952,152,415 285,023,477 391,364,657
<br />272,569,420 254,244,111 47,589,926 50,526,410 32,059,907
<br />29.095 33.806 32.017 32.017 23.990
<br />35.030 37.416 16.807 23.831 21.304
<br />50.775 54.926 59.504 62.7% 62.951
<br />5.328 5.906 7.092 6.721 4.048
<br />120.228 132.054 115.420 125.365 112.294
<br />120.200 131.939 115.619 125.921 113.476
<br />77,446,681 53,382,845 30,485,064 9,125,5% 9,388,840
<br />93,244,793 59,084,299 16,002,826 6,792,395 8,337,633
<br />135,155,705 86,734,612 56,657,132 17,898,250 24,636,953
<br />14,182, 441 9, 326, 244 6, 752, 366 1, 915, 642 1,584,421
<br />43,401,402 19,452,977 5,736,062 3,896,977 711,296
<br />42,859,994 16,055,569 16,453,000 3,251,000 6,799,075
<br />406,291,016 244,036,546 132,086,450 42,890,742 51,456,218
<br />IT :44,715,411
<br />34TI16,613
<br />1214144
<br />37,186,463 15,855,895 8,326,629 6,737,975
<br />1,435, 629 345,9% 224,335 160,373
<br />722,292 16,201,191 11,550,964 6,896,348
<br />,254 115,684,859 34, 339, 776 44,559,070
<br />EDINA %MUTH COON RADIOS MIIIETEWA ST LOUIS PARK
<br />46,095 45,809 45.'74 43,742 43,700
<br />775,009,761 536,820,358 2533,814,575 646,741,741 469,051,266
<br />23,366,739 21,124.869 11,361.647 13,950,182 18,959,960
<br />64,666, 035 63, 728, 781 17, 995,700 94, 507, 113 47, 631, 564
<br />686,976,987 451,966,708 224 .457,228 538,284,446 402,459,722
<br />18,583,073 25,367,432 45,540,015 20,911,421 27,502,221
<br />32.017 32.017 30.766 32.017 32.017
<br />12.151 16.544 20.122 18.875 18.321
<br />48.117 59.117 60.181 55.301 59.413
<br />6.727 5. %3 6.107 6. 667 6.466
<br />99.011 113.641 119.176 112.860 116. 217
<br />97.315 113.396 119.031 108.124 117.123
<br />21,994,942 14,470,618 6.905,650 17,234,254 12,685,552
<br />8,347,458 7,477, 427 4,516,509 10,160,043 7,373,46.4
<br />33,054,941 26,719,095 13,956.992 29,767,6% - 23,911,514
<br />4,621,216 2,694,969 1,370,856 3,568,543 2,602,271
<br />2, 447,906 2, 380, 806 1,404.517 1,57s,410 2,220,650
<br />7,683,102 7,571,744 2,138,1% 11,228,581 5,659,201
<br />78,149,565 61,311.659 30,292,632 73,554,527 54,652,652
<br />8,760,426 7,912,464 7,795.321 $,861,925 8,192,613
<br />94,779 266,375 138,523 120,527 . 272,207
<br />8,0551,205 8,178,839 7,933,844 9,002,452 1,464,750
<br />- 19,294,360 53 ,135,820 22.358,768 64,752,075 ,416, 1111, 102
<br />Minnesota Cities
<br />
|