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EXHIBIT A <br />11 <br />OLD CLASSIFICATION RATIOS COMPARED TO NEW TAX CAPACITIES <br />TYPE OF PROPERTY <br />Residential Homestead <br />First $68,000 <br />$68,000 - 100,000 <br />over $100,000 <br />Commercial industrial <br />F rst 60,000 <br />$60,000 - 100,000 <br />Over $100,000 <br />1988 CLASSIFI- 1990 NET TAX <br />CATION RATIOS CAPACITIES <br />(189 gross rate) <br />17k 1.0$ (2.17$) <br />27 2.5 <br />27 3.3 <br />Agricultural Property <br />Homestead <br />House <br />First $65,000 <br />Over $65,000 <br />Land Under 320 acres <br />First $65,000 <br />Over $65,000 <br />Land Over 320 acres <br />First $65,000 <br />Over $65,000 <br />Non -Homestead <br />House, Garage, 1 acre <br />Land <br />Apartments <br />Residential Non -Homestead <br />M <br />28 3.3 <br />43 3.3 <br />43 5.25 (5.2 in 191, <br />5.15 in 192) <br />189 gross rate) <br />14 <br />0.805 <br />(1.75$) <br />18 <br />2.2 <br />14 <br />1.12 <br />(1.75$) <br />18 <br />1.44 <br />(2.25$) <br />14 <br />1.295 <br />(1.75$) <br />18 <br />1.665 <br />(2.25%) <br />18 <br />2.7 <br />18 <br />1.665 <br />34 <br />4.1 <br />28 <br />3.5 <br />SOURCE: League of Minnesota Cities <br />