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City of Lino Lakes, Minnesota
<br />Management Report, Page 4
<br />The above total State aids consist of the following amounts:
<br />State Aids 1980 1981 1982 1983 1984 1985 1986 1987
<br />Local Government Aid $146,504 $157,862 $148,794 $171,011 $185,196 $196,177 $219,728 $232,159
<br />Homestead Credits 78,792 112,911 111,829 139,767 188,906 227,711 238,336 265,530
<br />Police Aid 11,296 12,188 14,326 14,245 13,970 13,509 18,722 26,828
<br />MSA - Streets 8,080 -0- 13,110 13,935 13,935 13,935 13,935
<br />Other Aids 3,030 9,930 8,140 10,943 1,120 3,727 320 7,222
<br />Totals
<br />Percent change
<br />$239,622 $300,971 $283,089 $349,076 $403,127 $455,059 $491,041 $545,674
<br />25.60% (5.94 %) 23.31% 15.48% 12.88$
<br />7.91% 11.13%
<br />A graph of the above state aids compared to property taxes is as follows:
<br />$800,000
<br />$700,000
<br />$600,000
<br />$500,000
<br />$400,000
<br />$300,000
<br />$200,000
<br />$100,000
<br />$0
<br />General & Special
<br />Revenue Funds
<br />-4 $800,000
<br />- $700,000
<br />• - $600,000
<br />$500,000
<br />$400,000
<br />$300,000
<br />$200,000
<br />$100,000
<br />1980
<br />1981
<br />1982
<br />1983
<br />1984
<br />1985
<br />1986
<br />$0
<br />1987
<br />Other Aids
<br />0 Homestead Credits II Local Government •■• Property Taxes
<br />Aid
<br />The 1988 local government aid will reflect a zero increase over 1987. The 1989
<br />local government aid, however, is currently anticipated to reflect a 22.7% increase (or
<br />$55,160). The current LGA formula, however, is under a constitutional challenge by
<br />various metro cities. We recommend that the City closely monitor the effects of this
<br />lawsuit and incorporate flexibility into the 1989 budget.
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