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1 <br /> 1991 Changes CO Minnesota's Property Tax System Sectember 1991 <br /> Property Tax Aids and Aid Reductions Pagc 5 <br /> Tnblc 2 <br /> Major Property Tax Aids (in millions) <br /> Final Amount <br /> Payable 1990 Certified 1991 1991 Certified 1992 <br /> Homestead &Agricultural <br /> Credit Aid (HACA) <br /> Counties $288.5 $176.4 $143.0 15144.1 <br /> Cities 142.3 158.6 155.3 173.2 <br /> Towns 19.9 21.5 19.1 1 22.9 <br /> School Districts 164.2 149.9 149.9 171.2 <br /> Special Taxing Districts 22.5 2$.7 23.9 27.0 <br /> Total $637.4 $535.1 $491.2 1$538.4 <br /> Local Government Aid (LGA) <br /> Counties $1.5 $6.1 $0 $0 <br /> Cities 317.8 318.4 4 283.6 279.6 <br /> Towns 2.3 2.2 4 1,5 2.2 <br /> Total $327.6 $326.7 $285.2 $281.9 <br /> Equalization Aid (cities $19.5 $19.5 $19.5 $19.4 <br /> only) <br /> Disparity Reduction Aid (LIRA) s <br /> ✓ Counties $15.0 $14.9 $14.9 $14,5 <br /> Cities 14.2 143 14.3 13.9 <br /> Towns 0.9 0.8 0.8 OS <br /> School Districts 12.9 12.9 12.9 12.6 <br /> Special Taxing Districts 93 0.3 _ 0.3 , 0.3 <br /> Total $43.3 $43.3 $43.3 $42.1 <br /> Total Property Tax Relief Aid <br /> Counties $311.0 $197.4 $157.9 $158.6 <br /> Cities 493.8 510,8 472.7 1486.1 <br /> Towns 23.1 245 21.4 1 25.9 <br /> School Districts 177.1 162.8 162.8 1183.8 <br /> Special Taxing Districts 22.8 29.0 2A.2 27. <br /> Total $1,027.8 $924.5 $839.0 $881.7 <br /> Douse jtesearchpepartmenc <br /> 4 Differences between 1990 and 1991 certified LGA amounts are due to differences in state costs deductd from this <br /> program and the change in the status of Otsego from a town to a city. I, <br /> s nisparity reduction aid amounts reflect adjustment for 90% tax rate limitation. Payable 1992 figures deflect <br /> estimated effect of 90% tax rate limitation. <br /> TT 'd 8T:trT 000Z OZ daS 60ZO-96Z-TS9:x�3 Xdl Aiei3d0?id <br />