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<br />Payable 1987
<br />Property Tax Data
<br />Prepared by the Minnesota
<br />Department of Revenue
<br />The payable 1987 property tax data
<br />for cities over 2,000 population is in
<br />two parts. The property tax data for
<br />the seven metropolitan counties
<br />(Anoka, Carver, Dakota, Hennepin,
<br />Ramsey, Scott, and Washington) is not
<br />directly comparable to the non-metro-
<br />politan counties as a result of the Fiscal
<br />Disparities Law. Table I pertains to the
<br />metropolitan counties; Table II pertains
<br />to the 80 non-metropolitan counties. If
<br />a city is in two counties, one of which
<br />is metro and one non-metro, the data
<br />is under the county which has the
<br />majority of the city's assessed value.
<br />Metropolitan Area
<br />A summary of the data for the 93
<br />metropolitan cities with population over
<br />2,000 is in Table I.
<br />The highest average mill rates in the
<br />metropolitan area were in New Prague
<br />with 146.667, Savage with 140.302,
<br />and Farmington with 139.413. The low-
<br />est average mill rate was in Edina with
<br />94.673.
<br />Per capita statistics for the metro-
<br />politan area, payable 1987, show that
<br />the average taxable value per capita is
<br />$7,036. The range is from a high of
<br />$16,623 in Wayzata, $15,738 in North
<br />Oaks, and $14,323 in Edina, to a low
<br />of $3,006 in Watertown. The average
<br />per capita for gross taxes levied is
<br />$920, with highs of $1,930 in Wayzata,
<br />$1,626 in North Oaks, and $1,572 in
<br />Eden Prairie; and a low of $378 in East
<br />Bethel. The average homestead credit
<br />per capita is $155, with highs of $221
<br />in Deephaven, $205 in Golden Valley,
<br />and $205 in North Oaks; and a low of
<br />$103 in Lexington. The net property
<br />tax burden, taxes payable in 1987, for
<br />the 93 metropolitan cities was
<br />$1,553,087,421, or $763 per capita.
<br />The per capita net tax burden in Min-
<br />neapolis was $939 and in St.Paul, $698.
<br />Table I. Metropolitan
<br />Area
<br />Table I gives information for the 93
<br />metropolitan cities. It shows the popu-
<br />lation, values, mill rates, gross taxes,
<br />credits, and net tax burden for property
<br />taxes payable in 1987.
<br />The population for each of the 93
<br />cities is the latest Metropolitan Council
<br />estimate, which represents the popula-
<br />tion as of April 1, 1987. The cities are
<br />in descending population order. Follow-
<br />ing the population, the tables show five
<br />values. The assessed value is first,
<br />followed by the tax increment value
<br />and contribution value which, when
<br />subtracted from the assessed value,
<br />gives the taxable value.
<br />For those cities containing power
<br />line assessed value, the value is not
<br />shown separately but has been sub-
<br />tracted to arrive at the taxable value.
<br />The final value is the fiscal disparity
<br />distribution value. This value, times
<br />the governmental unit's payable 1986
<br />mill rate, yields the 1987 fiscal disparity
<br />distribution tax. The 1987 distribution
<br />tax was subtracted from the govern-
<br />mental unit's payable 1987 tax levy to
<br />Table I
<br />Assessed Value
<br />1983 $13,727,538,890
<br />1984 $14,210,873,441
<br />1985 $14,896,308,501
<br />1986 $15,681,849,143
<br />1987 $16,648,327,195
<br />Total Taxes
<br />1983 $ 1,392,779,330
<br />1984 $ 1,528,350,909
<br />1985 $ 1,591,696,044
<br />1986 $ 1,738,334,590
<br />1987 $ 1,872,167,883
<br />Property Tax Credits
<br />1983 $ 284,214,069
<br />1984 $ 276,792,798
<br />1985 $ 283,660,373
<br />1986 $ 309,238,025
<br />1987 $ 319,080,464
<br />Average Mill Rate
<br />1983 101.459
<br />1984 107.548
<br />1985 106.852
<br />1986 110.850
<br />1987 . 112.454
<br />determine its local levy. The local levy,
<br />divided by the taxable value for local
<br />purposes, yields the local mill rate.
<br />In many cities more than one total
<br />mill rate exists, therefore the mill rates
<br />for governmental subdivisions are aver-
<br />age rates. The major local mill rate is
<br />the total 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 dis-
<br />trict pertain to the local levy on local
<br />taxable value. Tax increment levies are
<br />separate as well as contribution levies.
<br />The contribution assessed value for
<br />taxes payable in 1987 was taxed at the
<br />area-wide rate of 112.238 mills. The
<br />total tax burden on all property in a city
<br />is the sum of the various levies plus
<br />the power line levy if it exists for the
<br />city.
<br />Non-Metropolitan Area
<br />A summary of the 122 non-metropol-
<br />itan cities with populations over 2,000
<br />is in Table II.
<br />Percent Change
<br />1983-1984
<br />1984-1985
<br />1985-1986
<br />1986-1987
<br />Percent Change
<br />1983-1984
<br />1984-1985
<br />1985-1986
<br />1986-1987
<br />3.52 percent
<br />4.82 percent
<br />5.27 percent
<br />6.16 percent
<br />9.73 percent
<br />4.14 percent
<br />9.21 percent
<br />7.70 percent
<br />Percent Change
<br />1984-1985
<br />1983-1984 —2.61 percent
<br />1985-1986 92.4802 Perceperce:
<br />1986-1987 3.18 percent -'
<br />Percent Change
<br />4983-1984 ' -6.00 percent
<br />1984-1985 ' 41.65 percent
<br />1985-1986 - 3.74 percent '1
<br />1986-1987 445 percent
<br />Minnesota Citi
<br />T
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