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09-10-13
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<br />Table 9 <br />Arden Hills Estimated 2010 and 2012 Population and Housing Units <br /> <br /> Estimated PopulationHousing Units Persons per Unit 2010 Bedr <br />Persons <br />per <br />Residential Type 201020122010201220102012 Number bedroom <br /> <br /> <br /> <br />Bethel Exempt 2 1,7781,77800NANA NANA <br />Other Exempt 7 3503501621622.1602.160 NANA <br />Residential Apartment 4 1551551031031.5051.505 NANA <br /> <br />Residential Condominium 1 10410471711.4651.465 NANA <br /> <br />Residential Duplex 10 303015152.0002.000 340.88 <br />Residential Mobile Home Park 1 6866862692692.5502.550 NANA <br />Residential Single Family 2070 5,5495,6242,0702,0982.6812.681 7,1020.78 <br /> <br />Residential Townhouse 349 6356353493491.8191.819 8920.71 <br /> <br />Commercial Residential and Other 3 2652651414NANA NANA <br />Total 9,5529,6273,0533,0813.1293.125 8,028NA <br /> <br />Note: Estimated 2012 Population increase = 28 additional single family housing units * 2.68 persons per unit=75 persons <br /> <br /> <br />A. Commercial/Industrial Fiscal Disparities Contribution <br /> <br />Table 10 shows that about 32 % of the cityÓs taxable market valu <br />comes from Commercial / Industrial (C/I) land use. As a result, <br />contributed about 37% of its C/I Tax Capacity to the metropolita <br />Fiscal Disparities Law, or $2,505,319. Using the 2011 Tax rate <br />of the increase in CI value since 1971 is contributed to the reg <br />Since much of the cityÓs CI growth has occurred since 1971, Arde <br />very near to (but will never exceed) 40%. Detailed information <br />property contributes is not yet available, so the amounts for ea <br />using the citywide average of 37.423%. Map 9 shows the distribution of Arden HillsÓ Fiscal <br />Disparities contribution. <br /> <br />B. Residential Fiscal Disparities Distribution <br /> <br />As stated earlier, the distribution a city or township (minor civil division, or ÐMCDÑ) receives <br />from Fiscal Disparities is based on a formula that uses the inve <br />To illustrate, the calculation of Arden HillsÓ distribution is s <br /> <br />First, each MCDÓs taxable market value is equalized for differen <br />and the amount contributed to Fiscal Disparities is deducted to <br />Value (IMV). Since we do not yet have the actual parcel amounts <br />Indicated Market Value for Arden Hills for 2012 was $997,260,763 <br />capita was $997,260,763 divided by the 2010 population of 9,552, <br />of $104,403. <br /> <br /> <br />17 <br />
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