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State Changes in <br />Limited Market Value Credit <br />r Limited Market Value/Phase out <br />Limits the amount of taxable value a property <br />can be increased in one year. <br />r. Phase Out Extended — 2 Years (2010) <br />x; Maximum Increase in Taxable Valuation: <br />• 2005 — 2009 Maximum Taxable Value a Property <br />can Increase is 15% of Prior Years Value. <br />• 2010 Taxable Value = Full Value of Property <br />5 <br />Changes in Fiscal <br />Disparity Distribution <br />ww Fiscal Disparities Pool <br />St. Anthony Receives Money from the Fiscal <br />Disparities Pool. <br />• 2005 - $395,820 <br />Commercial Property Values are Becoming <br />Better Balanced Throughout the Metro Area. <br />Future Pool Distributions that St. Anthony <br />Receives Could Be Less than the Current Level. <br />State Changes in <br />Limited Market Value Credit <br />r Limited Market Value/Phase out <br />Limits the amount of taxable value a property <br />can be increased in one year. <br />r. Phase Out Extended — 2 Years (2010) <br />x; Maximum Increase in Taxable Valuation: <br />• 2005 — 2009 Maximum Taxable Value a Property <br />can Increase is 15% of Prior Years Value. <br />• 2010 Taxable Value = Full Value of Property <br />5 <br />