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2016.12.05 CC PowerPoint Budget Hearing
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2016.12.05 CC PowerPoint Budget Hearing
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2/23/2017 12:05:49 PM
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2/23/2017 12:04:04 PM
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City Council
Document Type
PowerPoint Presentation
Meeting Date
12/5/2016
Meeting Type
Regular
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Fiscal Disparities <br />• Property tax base sharing program unique <br />to the 7 -county metro area <br />• Portion of growth in commercial, industrial, <br />and public utility property value goes into a <br />tax base sharing pool <br />• Distributed to each taxing jurisdiction <br />based on market value per capita <br />• Cities with relatively less market value per <br />capita receive a larger distribution than <br />cities with greater market value wealth per <br />capita <br />
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