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MINNESOTA° REVENUE <br /> July 17, 2003 <br /> ST ANTHONY CITY OF <br /> CLERK-FINANCE DIRECTOR <br /> CITY HALL <br /> 3301 SILVER LAKE ROAD <br /> ST ANTHONY, MN 55418 <br /> TO: ALL CITY CLERKS/ADMINISTRATORS <br /> RE: CERTIFICATION OF CY 2003 LGA AND MARKT VALUE CREDIT <br /> REDUCTIONS <br /> Following is the amount of local government aid (LGA) your city was scheduled to receive in <br /> CY 2003, the amount of the CY 2003 LGA reduction(per 1St Special Session Laws 2003, <br /> Chapter 21, Article 5, Section 12), and the net amount of LGA payable in CY 2003. <br /> 1. CY 2003 LGA: $ 198,563 <br /> .2. CY 2003 LGA REDUCTION: $ 198;563 <br /> 3. CY 2003 NET LGA (1-2): $ 0 <br /> Following is the amount of market value credit your city is scheduled to receive in CY 2003, the <br /> amount of the market value credit reduction (per 1St Special Session Laws 2003, Chapter 21, <br /> Article 5, Section 12), and the net amount of market value credit payable in CY 2003 (half of <br /> which will be paid in October 2003 and half in December 2003). NOTE: the amount of market <br /> value credit includes real and personal residential and ag property only. It does not include <br /> manufactured home market value credit. <br /> 4. CY 2003 MARKET VALUE CREDIT: $ 189,156 <br /> 5. CY 2003 MARKET VALUE CREDIT REDUCTION: $ �68,:785 <br /> 6. CY 2003 NET MARKET VALUE CREDIT (4-5): $ 120,371 <br /> Further information regarding 2003 LGA and market value credit reductions may be found at <br /> the Department of Revenue website: .www.taxes.state.mn.us. If you have any further questions <br /> regarding 2003 aid and credit reductions,please contact Shawn Wink at (651) 296-3394. <br /> Property Tax Division Tel: 651-296-3394 <br /> Mail Station 3345 Pax: 651-297-2166 <br /> St.Paul,MN 55146-3345 TTY: Call 711 for Minnesota Relay <br /> An equal opportunity employer <br />