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NEM <br />NNW <br />YEAR & <br />STATUTE <br />REFERENCE <br />CITY OF LINO LAKES. MINNESOTA <br />STATE LEGISLATIVE ACTION <br />Appendix A <br />Page 11 of 11 <br />INITIAL YEAR <br />ESTIMATED <br />IMPACT <br />1988 <br />MS 477A.013 <br />Subd. 3 <br />#1 Local government aid (LGA) formula modified to <br />reflect a per household aid factor compared to prior year tax <br />capacity and tax base increase. Expenditure/unlimited ratio <br />factor established as component of LGA formula. Lower of <br />three -part formula to calculate initial LGA increase. <br />Statewide 1989 aid <br />increased $79.3 <br />million, Lino Lakes <br />increase of <br />$98,666. <br />Prepared by Voto, Tautges, Redpath & Co., Ltd. <br />June 20, 1991 <br />