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Agenda Packets - 1988/07/11
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Agenda Packets - 1988/07/11
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6/16/2025 11:48:20 AM
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6/16/2025 11:48:20 AM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
7/11/1988
Description
Regular Meeting
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EXHIBIT D <br />P <br />ALTERNATIVE LGA formula: Only available to cities with populations <br />over 2,500 and generally to cities with <br />below average tax capacity ($1,900 is <br />average tax capacity per household) <br />LOCAL E <br />AID REVENUE X - rTAX CAPACITY PER HOUSEHOLD`NEED ` J <br />* Local Revenue Need equals 50$ of the lesser of: <br />- city's 1988 levy plus LGA or <br />- per household revenue guarantee provided by basic formula. <br />Alternative aid is reduced by the additional aid which the city <br />receives from the basic LGA formula and from disparity reduction aid. <br />ADDITIONAL LGA PROVIDED UNDER ALTERNATIVE FORMULA: 1989 DISTRIBUTION <br />NON -METRO AREA <br />Q�Jor cities/regional centers .............. <br />Moderate size/sub-regional centers......... <br />Taconite areas ............................. <br />Cities under 500 population ................ <br />TOTAL NON -METRO ............................ <br />ALTERNATIVE # OF CITIES <br />LGA DISTRIBUTED RECEIVING <br />$ 8.8 <br />million <br />35 <br />2.8 <br />million <br />28 <br />0.02 <br />million <br />1 <br />0.0 <br />0 <br />------------------------ <br />11.62 <br />million <br />64 <br />METRO AREA <br />Minneapolis ................................ 0.0 0 <br />St. Paul ................................... 0.0 0 <br />Suburban cities ............................ 0.4 million 8 <br />------------------ ----------------------------------------------------- <br />TOTALMETRO ................................ 0.4 million 8 <br />TOTAL...................................... 12.02 million 72 <br />i,_,urce: House Research Department estimates and League of Minnesota <br />Cities <br />
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