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of will with will ein- mic ea can and to )ro- r of D. °en ible ire - n's as :er- the for tine ire Iu nsoe 4 z on 6 3 ers 3 5 n �? 6 io 9 8 i 30 ' I � 9Qg Li VAI property t data Prepared by the Minnesota Department of Revenue Cities over 2,000 The payable 1986 property tax data for cities over 2,000 population is in two parts. The property tax data for the seven metropolitan counties (Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, and Washington) is not directly comparable to the non -metro- politan counties as a result of the Fiscal Disparities Law. Table I per- tains to the metropolitan counties; Table II pertains to the 80 non -metro- politan counties. If a city is in two counties, one of which is metro and non -metro, the data is under the county which has the majority of the city's assessed value. Metropolitan area The following is a summary of the data for the 91 metropolitan cities with populations over 2,000 (Table (I). Assessed value 1982 1983 1984 1985 1986 $12,319,328,347 $13,727,538,890 $14,210,873,441 $14,896,308,501 $15,681,849,143 Total taxes 1982 1983 1984 1985 1986 $1,227,407,121 $1,392,779,330 $1,528,350,909 $1,591,696,044 $1,738,334,590 Percent Change 1982 -1983 = 11.43% 1983 -1984 = 3.52% 1984 -1985 = 4.82% 1985 -1986 = 5.27% Percent Change 1982 -1983 = 13.47% 1983 -1984 = 9.73% 1984 -1985 = 4.14% 1985 -1986 = 9.21% Property tax credits 1982 $270,266,642 1983 $284,214,069 1984 $276,791,798 1985 $283,660,373 1986 $309,238,025 Percent Change 1982 -1983 = 5.16% 1983 -1984 = - 2.61% 1984 -1985 = 2.48% 1985 -1986 = 9.02% Average mill rate 1982 1983 1984 1985 1986 99.633 101.459 107.548 106.852 110.850 Percent Change 1982 -1983 = 1.83% 1983 -1984 = 6.00% 1984 -1985 = - 0.65% 1985 -1986 = 3.74% The highest average mill rates in the metropolitan area were in Savage with 128.406, Jordan with 126.264 and St. Paul with 125.963. The lowest aver- age mill rate was in North Oaks with 93.590. Per - capita statistics for the metro- politan area, payable 1986, show that the average taxable value per capita is $6,863. The range is from a high of $15,703 in North Oaks, $15,370 in Wayzata and $14,174 in Edina, to a low of $3,031 in Watertown. The average per capita for gross taxes levied is $869 with highs of $1,796 in Wayzata, $1,571 in Eden Prairie, and $1,508 in Oak Park Heights, and a low of $357 in Lexington. The average homestead credit per capita is $153 with highs of $218 in Deephaven, $203 in Golden Valley, and $199 in Robbins - dale, and a low of $93 in Lexington. The net property tax burden, taxes payable in 1986, for the 91 metropoli- tan cities was $1,429,096,558 or $715 per capita. The per- capita net tax bur- den in Minneapolis was $852 and in St. Paul $686. Table I: metropolitan area Table I gives information for the 91 metropolitan cities. It shows the popu- lation, values, mill rates, gross taxes, credits, and net tax burden for prop- erty taxes payable in 1986. The population for each of the 91 cities is the latest Metropolitan Council estimate, which represents the popula- tion as of April 1, 1986. The cities are in descending population order. Fol- lowing the population the tables show five values. The assessed value is first, followed by the tax increment value and contribution value which, when subtracted from the assessed value, give the taxable value. For those cities containing power - line assessed value, this value is not shown separately but has been sub- tracted to arrive at the taxable value. The final value is the fiscal disparity distribution value. This value times the governmental unit's payable 1985 mill rate yields its 1986 fiscal disparity distribution tax. The 1986 distribution tax was subtracted from the govern- mental unit's payable 1986 tax levy to determine its local levy. The local levy divided by the taxable value for local purposes yields the local mill rate. In many cities more than one total mill rate exists, therefore the mill rates for governmental subdivisions are average rates. The majority local mill rate is the total mill rate which applies to the majority of value in the city. Non - metropolitan area Following is a summary of the 122 non- metropolitan cities with popula- tions over 2,000 (Table II). Assessed value 1982 $3,498,089,568 Percent Change 1983 $3,685,340,081 1982 -1983 = 5.35% 1984 $3,685,705,350 1983 -1984 = ' 1985 $3,735,250,627 1984 -1985 = 1.34% 1986 $3,983,770,542 1985 -1986 = 6.65% 'Less than .01% Total taxes 1982 1983 1984 1985 1986 $373,850,281 $393,378,804 $426,382,293 $443,463,242 $485,348,870 Percent Change 1982 -1983 = 5.22% 1983 -1984 = 8.39% 1984 -1985 = 4.01% 1985 -1986 = 9.45% Property tax credits 1982 1983 1984 1985 1986 $97,471,498 $102,368,344 $99,273,408 $103,724,569 $112,684,642 Percent Change 1982 -1983 = 5.02% 1983 -1984 = - 3.02% 1984 -1985 = 4.48% 1985 -1986 = 8.64% Average mill rate 1982 106.873 Percent Change 1983 106.742 1982 -1983 = -0.12% 1984 115.685 1983 -1984 = 8.38% 1985 118.724 1984 -1985 = 2.63% 1986 121.832 1985 -1986 = 2.62% The highest average mill rate in the non - metropolitan cities was 211.022 mills in the city of South International Falls. The lowest average mill rate was 79.181 in the city of Monticello. When reviewing the per - capita sta- tistics for payable 1986, findings show October 1986 17