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<br /> , <br /> . <br /> .. rr- . ., ,-- ,w.. <br /> RECt:'.i\1 t::L <br /> e AHociation of MI\R. 1 ~ l<jSh <br /> Metropolitan ~. ',,,- <br /> nT\ nl:- ~\~..L~P'; ,1:.1 <br />- Municipalitie~ BULLETIN <br />~ <br /> DATE: March 13, 1996 <br />- <br /> TO: Board of Directors <br /> Legislative Contacts <br /> FROM: AMM Staff <br />- <br />- RE: Levy and Revenue Base Infonnation/Updated Bill Tracking Report <br />- <br /> Enclosed for your infonnation are the following: <br />- <br /> . Computer run showing levy and revenue base increases for metro cities and a total <br />- comparison for metro, outstate and statewide. <br />-e . Two graphs prepared by the LMC based on state data comparing city expenditures to <br /> other governments for the period 1981 though 1993. City revenue data is also given for <br />. the same period. <br /> . Bill tracking report (updated as of 3/14/96). <br />I It has been represented by some business interests and legislators that city levies exceeded <br /> the "Price of Government" targets. As shown below and verified by the computer run totals, <br />I this is not true. The preliminary 1996 city levies for Truth in Taxation hearings were higher <br /> but final levies were lower by nearly $4 million. <br />I 1996 City Net Tax Capacity Levies <br /> Comparison to Price of Government Targe,ts <br />I Price of Government Preliminary 1996 City Levies (for Final 1996 Certified City Property <br /> Pay 1996 Target for Cities T-N-T statements) Tax Levies <br />I 686,237,000 693,214,000 682,454,000 <br /> Based on information provided by the Minnesota Department of Revenue and House Research Department <br />I <br />Ie 145 Univmity AV/llU/ I/clt <br /> (Over...) Ilint Plul, HinntlOtl WOJ-lD44 <br /> (b12) 115-4000 <br /> fax: 1&1'11'/'1 <br />I <br />