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7 , <br /> Final Report <br /> for residential properties are calcucaced by mu : . . ,,eying a per• <br /> tentage of the assessed valuation of the parcel by the local <br /> tax rate . In the metropolitan area the fiscal disparities law <br /> has affected the calculation of the property tax for commercial <br /> and industrial properties . Appendix B describes the property <br /> tax revenues including homestead credit generated by alterna- <br /> tive types as defined in Appendix A for three jurisdictions : <br /> city , school district and county . City revenues comprise 1 <br /> 15 . 69% of the total taxes levied by the city , school district , <br /> county , metropolitan council and other jurisdictions . <br /> Revenues shown in Appendix B include monies paid to the city <br /> by other governmental agencies for homestead credit as well <br /> as locally generated property taxes . Table 1 below summar- <br /> izes the ,totalmunicipal revenues expected from property taxes <br /> for the various land uses ; they are listed below in order <br /> of the rate of return to the city . <br /> Table 1 <br /> Municipal Revenues* <br /> Land Use Type City Share <br /> 1 . Commercial Shopping Center $ 191 , 133 . 00 • <br /> 2 . Multi-Family Residential ( R-4 ) $ 176 , 830. 00 <br /> 3 . Mix : Commercial and R-4 $116 , 705 . 00 • <br /> 4 . Industrial/Office $ 101 , 684 . 00 <br /> 5 . Townshouses (R-3 ) $ 100 , 207 . 00 <br /> 6 . Single Family ( R-1 ) $ 39 , 494 . 00 <br /> 7 . Vacant $4 , 330. 00 <br /> * Sources of revenue include property taxes and homestead credits . <br /> B. School District Revenues <br /> In addition to the property tax , considerable revenue is gen- <br /> erated fir the school d -t ict by state fo-u-n--d-ation aids . $ 1333 <br /> per pupil unit in foundation aid was received by the school dis- <br /> trict in the study year ( 1981 ) . Pupil unit ( PU ) does not di- <br /> rectly correspond to the number of students , as placement in <br /> school results in various PU designations ; . 5 PU for kinder- <br /> garten , 1 . 0 PU for elementary , and 1 . 4 PU for secondary . For <br /> the purposes of the study , revenue projections were made based <br /> on the number of actual pupils . This results in a somewhat <br /> conservative estimate . Appendix C details the populations an- <br /> ticipated from development of the residential alternatives and <br /> the revenues generated by the state ' s foundation aid and the <br /> property tax to the Mounds View School District . Revenues <br /> generated by development type in descending order of total <br /> property tax dollars raised for the school district are shown <br /> in Table 2 . <br /> 4111 <br /> ,_c <br />