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<br />MINNESOTA. REVENUE <br /> <br />2005 LOCAL GOVERNMENT AID NOTICE <br /> <br />July 30, 2004 <br /> <br />CENTERVILLE CITY OF <br />CLERK-TREASURER <br />CITY HALL <br />1880 MAIN STREET <br />CENTERVILLE, MN 55038 <br /> <br />RECEIVED <br />AUG 0 2 200~ <br /> <br />THE 2005 CERTIFIED LGA FOR YOUR CITY IS: <br /> <br />$ <br /> <br />o <br /> <br />The following is a listing of the factors used in the calculation of your city's 2005 city LGA. Aid amounts <br />were determined based on legislative intent of the law. This is consistent with how aids were certified and <br />paid in 2004. Also, the road accidents factor does not change from 2004 due to incomplete data from <br />Public Safety for calendar year 2003. For an explanation of the factors used in the formula and example <br />calculations, please go to the Department of Revenue website at Vvvvw.taxes.state.mn.us (click on <br />Property Tax Administrators then State Aids and Credits). If you have any other questions regarding this <br />certification, you may contact Larry Bewley at larrv.bewlev@state.mn.us or at (651) 556-6096. <br /> <br />1. PRE-1940 HOUSING UNITS: <br />2. TOTAL HOUSING UNITS: <br />3. PRE-1940 HOUSING PERCENTAGE: <br /> <br />44 <br />1,095 <br />04.02 <br /> <br />4. 1993 POPULATION: <br />5. 2003 POPULATION: <br />6. POPULATION DECLINE PERCENTAGE: <br /> <br />2,095 <br />3,557 <br />00.00 <br /> <br />7. 2003 TOTAL CLASS 3 REAL PROPERTY MARKET VALUE: <br />8. 2003 TOTAL REAL AND PERSONAL MARKET VALUE: <br />9. COMMERCIAUINDUSTRIAL PERCENTAGE: <br /> <br />$ <br />$ <br /> <br />NA <br />NA <br />NA <br /> <br />10. TRANSFORMED POPULATION: <br />11. VEHICLE ACCIDENTS: <br />12. ROAD ACCIDENTS FACTOR: <br />13. METROPOLITAN AREA FACTOR: <br /> <br />NA <br />19 <br />.006 <br />35.20915 <br /> <br />14. HOUSEHOLD SIZE: 2.920 <br />15. SPENDING NEED CONSTANT: 355.0547 <br />16. CiTY REVENUE NEED: $ 210.62 <br />17. PAYABLE 2004 CITY NET LEVY: $ 1,539,363 <br />18. PAYABLE 2004 CITY NET TAX CAPACITY: $ 3,304,423 <br />19. TAX EFFORT RATE: .336245 <br />20. NEED INCREASE PERCENTAGE: .844291 <br />21. TACONITE PHASE IN: $ 0 <br />22. CITY FORMULA AID (20x(16x5-(18x19))+21): $ 0 <br /> <br />23. CITY BASE AID: $ 0 <br />24. TOTAL PRELIMINARY AID (22+23): $ 0 <br />25. TOTAL CERTIFIED 2004 CITY AID: $ 0 <br /> <br />26. MINIMUM/MAXIMUM ADJUSTMENT: $ ~ <br />27. TOTAL CERTIFIED 2005 CITY LGA (24+26):________.__._.___~___~ <br /> <br />Property Tax Division <br />Mail Station 3345 <br />St. Paul, MN 55146-3345 <br /> <br />T,[. 65 I -556-6096 <br />F<u. 651-556-3]28 <br />1TY. Call 711 for Minnesota Relay <br />An equal opportunity employer <br />