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THE VALUE OF MUNICIPAL <br />LIQUOR OPERATIONS <br />•“Without municipal liquor profits, cities would need to either reduce their <br />budgets or increase their fees and property taxes” <br />•“In general, they do not operate any differently than a private liquor store” <br />•“Municipal stores must abide by the same laws and three-tier distribution model” <br />•“Residents also benefit from a publicly owned asset that generates an economic <br />return on equity and capital, putting taxpayer dollars to productive use” <br />-Valuation Viewpoints, Shenehon Business & Real Estate Valuations <br />THE VALUE OF ST. ANTHONY VILLAGE WINE AND SPIRITS <br />Our Profits are transferred to the <br />General Fund and can be used to: <br />•Provide Property Tax Levy Relief <br />•Provide Funds for Equipment <br />Purchases for Police, Fire and Public <br />Works Departments <br />•Supplement General Fund Purchases <br />47