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3 <br /> •1 TB: Paul Ogren said it best, that this is a nice make-do way to resolve this year's problem, <br /> 2 but the problem is long term. Next year they'll be back and next year we can look <br /> 3 at losing our HACA. What we get in aid is about 25% of our budget. This is a nice <br /> 4 thing for re-election and a lot of campaign promises of no tax, but the long haul is <br /> 5 it's going to severely affect services in St. Anthony and all communities. We're <br /> 6 looking at a 25% reduction, some of these cities are zero LGA but they are actually <br /> 7 receiving HACA, so it's drastic cut back of services as we know them today. <br /> 8 GW: The first line here says, there are no cuts in the aids to counties, townships and <br /> 9 special districts. <br /> 10 TB: That's right. <br /> 11 DE: That doesn't look fair either. <br /> 12 DF: How much is in the other account, you said there's two, one is the rainy day fund and <br /> 13 the other one's the reserve fund? <br /> 14 TB: They are one in the same, the rainy day has $500 million. It's non-dedicated funds. <br /> 15 GW: Roger had it listed as $66 thousand, I think that was an earlier indication of how <br /> much, now it's $71.6, but he had it on the basis of a prior formula where it only came <br /> 17 out to $28 thousand. <br /> 18 TB: That was based on the governor's speech. <br /> 19 DE: OK, that was including the counties, townships and local districts. <br /> 20 TB: Right. They are taking about 13% out of the Trust Fund. That money was supposed <br /> 21 to go to help cities so they wouldn't have to have LGA. Now they're taking away <br /> 22 LGA plus they're taking the Trust Fund. Taxes will not go down for the residents, <br /> 23 they will stay the same. Cities are going to help bail out the state and resolve their <br /> 24 poor financial practices. <br /> 25 GW: Is money going into the Trust Fund? <br /> 26 TB: There's money in that supposed account. But the governor has said many times, he's <br /> 27 going to do magic new miracles in accounting. It's pushing numbers around the page. <br /> 28 Governor's administrations have moved numbers around from year to year and <br /> 29 delayed the deficit. It's there, but I don't know that we're ever going to see it. <br />