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WHEREAS: <br />WHEREAS: <br />WHEREAS: <br />WHEREAS: <br />WHEREAS: <br />WHEREAS: <br />WHEREAS: <br />WHEREAS: <br />WHEREAS: <br />WHEREAS: <br />place to generate the electricity to light their home, <br />and another a location to handle waste products. <br />the Minnesota fiscal disparities tax sharing system is <br />working and has achieved its objective; and <br />the economy of the State of Minnesota is currently <br />showing signs of uncertainty and commercial -industrial <br />property valuations may be drastically affected over <br />the next few years as a direct result; and <br />the State of Minnesota warns of budget problems for the <br />1991-1993 biennium which could result in additional <br />cuts in local governmental aid programs. Further cuts <br />in local governmental aid would drastically reduce the <br />ability of cities to fund essential services; and <br />without fiscal disparities the richest communities in <br />the metropolitan area would have a per capita <br />commercial -industrial tax base of 22 times as big as <br />the smallest; and <br />with the fiscal disparities system the spread between <br />richest and poorest is just 4 to 1; and <br />various recommendations to revise the current fiscal <br />disparities law do not take into account the problems <br />that many inner ring metropolitan cities face in terms <br />of service delivery demands that have changed over the <br />last ten to twenty years; and <br />various recommendations to alter or amend the current <br />fiscal disparities law do not specify what the fiscal <br />impacts are on the gainers and the losers; and <br />the largest current loser was once a gainer in the <br />fiscal disparities system and foresees a day when once <br />again it could be a gainer based on what is happening <br />in the marketplace; and <br />a reduction in the size of the fiscal disparity pool <br />would result in increased commercial -industrial <br />property taxes in metropolitan areas whose tax rates <br />are already the highest and reduce commercial - <br />industrial taxes in cities where rates are the lowest; <br />and <br />tax base sharing results in spreading the benefits of <br />regional centers and facilities to communities that do <br />not have them, but whose taxpayers support them either <br />through sales or income taxes. Further, fiscal <br />disparities helps promote orderly growth in the entire <br />metropolitan area; and <br />