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Management Report and Recommendations 12/31/1990
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Management Report and Recommendations 12/31/1990
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Management Report and Recommendations
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12/31/1990
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YEAR & <br />. STATUTE <br />REFERENCE <br />MOW <br />CITY OF LINO LAKES. MINNESOTA <br />STATE LEGISLATIVE ACTION <br />Appendix A <br />Page 1 of 11 <br />INITIAL YEAR <br />ESTIMATED <br />IMPACT <br />1991 MS 275.51 #30 Authorized contingent addition to the levy limit by the If local sales and use <br />Subd. 7 amount of lost aid of local governments located in a County tax is adopted, there <br />where the local sales and use tax was not enacted. will be no impact. <br />1991 MS #29 Further reductions in local government aid for aids <br />477A.0132 payable in 1992. Estimated reduction percent is 3.9% of <br />Subd 1 and 2 1992 revenue base. <br />Revenue replaced by property tax levy authority. <br />Statewide decrease in <br />1992 LGA of $35 <br />million. City of Lino <br />Lakes decrease <br />$73,000. (Replaced <br />by levy authority) <br />1991 #28 Approved LGA cut for December, 1991 aid payment. Statewide reduction <br />MS 477A.0132 Cut is estimated to be 1.6% of 1992 revenue base. Aid cut of $14.3 million. <br />Subd. 1 and 2 not replaced with levy authority. City of Lino Lakes <br />reduction $30,000. <br />MS 273.1398 #27 Adjusted the HACA base as the 1991 certified HACA Statewide estimate <br />not yet calculated. <br />City of Lino Lakes - <br />no impact. <br />less any 1991 permanent HACA reductions. <br />Prepared by Voto, Tautges, Redpath & Co., Ltd. June 20, 1991 <br />
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