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to the Committee, the Committee reacts to those proposals and <br />provides direction for further research to refine or redirect those <br />specific proposal that is <br />alternatives. Dozens or even hundreds of individual computer run <br />may be needed in oparticipants. a p include the <br />ts <br />willacceb <br />able ed the participants. athioeosalnma Of the system that <br />will be considered in designing p <br />following: <br />Classifications and assessment ratios. <br />- LGA, disparity aid, and other e4,:elization formulas. <br />homestead credit, other credits, and, in the case of <br />The homes <br />the alternative proposal, transition aid payments or other <br />programs that replace the homestead credit. <br />Categorical aids, such as the welfare takeover that are <br />ate -id aids. <br />either in addition to or in lieu of othe�os�p <br />Fiscal disparities or tax base sharing P gams. <br />income adjusted pruparty tax refunds or an income adjusted <br />homestead credit. <br />Extensive computer analysis is needed to assess the <br />I6 <br />Groups to focus the research <br />inter -related imp aiorof changes Constituency elements of e system.Policy <br />will be necessary in the process. without some initial <br />effort vary early <br />agreements, the research effort could become unfocused and would <br />more likely be unproductive. The research ahekmembersthe <br />offirst <br />the <br />several meetings would be designed me heir <br />Committee reach a preliminary agreement on the direction that the <br />proposals should take, specific proposals may <br />The research needed to de P <br />suggested. <br />lre� <br />assuming that the Committee agrees that these <br />include some of the more specific research tasks aagre Y <br />by Committee members, <br />I specific research tasks are needed•ested so far include: <br />5ume of the specific items sugB city size <br />Analysis of impact and appropriateness of using <br />as a basis for distributing aids. <br />Elimination of split elassifications; impact on tax <br />burdens and on the distribution of 3 tax systems that do <br />Research on the design of new property <br />not require or encourage mill rate buy downs or mill rate <br />equalization. <br />Research on single aid programs that could replace the <br />multiple programs in current law. <br />