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APPENDIX II Summary of Building Permits SUMMARY OF TAX LEVIES, PAYMENT PROVISIONS, AND MINNESOTA REAL PROPERTY VALUATION Total Permits Commercial/Industrial New Housing Year Number Value Number Value Number Value Following is a summary of certain statutory provisions effective through 1992 relative to tax levy 1993 to 5-1 31 $ 516,300 11 $ 117,700 20 $ 398,600 procedures, tax payment and credit procedures, and the mechanics of real property valuation. ( ) The summary does not purport to be inclusive of all such provisions or of the specific 1992 229 2,445,015 10 878,400 8 190,000 provisions discussed, and is qualified by reference to the complete text of applicable statutes, 1991 197 2,654,350 21 615,250 19 1,218,000 rules and regulations of the State of Minnesota in reference thereto. This summary reflects 1990 183 4,110,450 17 633,500 28 2,748,000 changes to Minnesota property tax laws enacted by the State Legislature during the 1992 1989 216 10,316,838 63 9,062,638 5 572,000 + Regular Session. Education Property Valuations (Chapter 273, Minnesota Statutes) Assessor's Estimated Market Value The City is within the jurisdiction of Independent School District 282 which is headquartered in St. Anthony. The City constitutes 85% of the District's valuation. The District had a 1992/93 Each parcel of real property subject to taxation must, by statute, be appraised at least once enrollment of 1,083 in kindergarten through grade 12. The District employs a total staff of 176, every four years as of January 2 of the year of appraisal. With certain exceptions, all property of which 85 are teachers and administrators. is valued at its market value which is the value the assessor determines to be the price he believes the property to be fairly worth, and which is referred to as the "Estimated Market Parochial education is available at St. Charles Borromeo School, which currently has 400 Value." students in kindergarten through grade eight. Indicated Market Value Because the Estimated Market Value as determined by an assessor may not represent the price of real property in the marketplace, the "Indicated Market Value" is generally regarded as GOVERNMENTAL ORGANIZATION AND SERVICES more representative of full value. The Indicated Market Value is determined by dividing the - Estimated Market Value of a given year by the same year's sales ratio determined by the State Department of Revenue. The sales ratio represents the overall relationship between the The City of St. Anthony has been a municipal corporation since 1946 and is a statutory City Estimated Market Value of property within the taxing unit and actual selling price. operating under the council-manager plan. The City Council is composed of the Mayor and four Council members, all elected at large. The current Council members are: Tax Capacity For property taxes payable in 1989, the value of the property used to determine the property Expiration of Term •___ tax was Gross Tax Capacity. Gross Tax Capacity, like Assessed_Value, was calculated by applying a statutory formula to the Estimated Market Value. Generally,-Gross Tax Capacity is " Clarence J. Ranallo Mayor December 31, 1995 approximately 12.5% of Assessed Value for most classifications of property. The Gross Tax Richard A. Enrooth Member December 31, 1993 Capacity multiplied by the Tax Capacity Rate, instead of the Mill Rate, determined the tax Dorothy Fleming Member December 31, 1995 payable on a parcel of property. George E. Marks Member December 31, 1995 George Wagner Member December 31, 1993 Beginning with taxes payable in 1990, Net Tax Capacity has replaced Gross Tax Capacity as the basis on which taxes are levied. The Estimated Market Value multiplied by the appropriate The City Manager, Mr. Thomas D. Burt, is responsible for the daily administration and operating class rate (gross or net) yields the tax capacity (gross or net). Net Tax Capacity differs from function of the City and implementation of Council directives. The Financial Director, Mr. Roger Gross Tax Capacity primarily by having lower values for homesteaded residential and certain Larson is responsible for maintaining the records and accounts of the City's operations. The agricultural property. City has a total of 54 full-time employees. The formulas for converting Estimated Market Value to Assessed Value and Tax Capacity represent a basic element of the State's property tax relief system and are therefore subject to annual revisions by the State Legislature. City Services For taxes payable in 1988 and for prior years, property taxes were levied based on "Assessed Municipal water is available to nearly all residents. One mobile home park has its own private Value." Assessed Value of real property was calculated by applying the statutory formula well and several residents are supplied water by the City of Minneapolis. St. Anthony has a applicable to the property's classification. water system of three wells and two storage facilities with capacity of 2,250,000 gallons. The City's last increase in water rates was effective April 1, 1992 for the July 1, 1992 billing, raising Property Tax Payments and Delinquencies the rate from 800 per 1,000 cubic feet to 830 per 1,000 cubic feet. (Chapters 276, 279-282 and 549, Minnesota Statutes) Interceptor sewer lines and wastewater treatment plants in the metropolitan area are owned Ad valorem property taxes levied by local governments in Minnesota are extended and and operated by the Metropolitan Waste Control Commission ("MWCC"), an agency of the collected by the various counties within the State. Each taxing jurisdiction is required to certify Metropolitan Council. MWCC finances its operations through user charges to each of the the annual tax levy to the county auditor within five (5) working days after December 20 of the _ 10 - II-1