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V House Researcli estimates that the gross state costs of JIF through the <br />in'tergovemmental aid system, wias $54i million, in 1988i and pr 'ects that it grew to $70. <br />01 <br />$80 tniffidon in 11990, Twol altemative anialyses, are summanzed below. A more detalled <br />discussion is, attached., <br />Sm,au BUSIMM-HarnestgAd and AW g ese <br />jcuIWr. <br />e 1 11 CreiHts, Th programs do not <br />xist in 1990., <br />Homestead, and Aglic-ulturial Credit Aid jHACA)*, <br />is is the new program for <br />providing homeowner relief The initial ji state cost for HACA may have been <br />I I <br />affected by but "t w"111 not increase in future years as TIP captured value <br />MI <br />increases. <br />41 <br />IIACA Savinp's M"I 1990V HA <br />a <br />fr homelsi, bs' CA ws, not paid t'o IU d'stricts and the relivel- <br />iiniesisiesi and apartmnts IU-- <br />o u e dii,stricts was paid for with reduced <br />revenues. AW <br />This is a direct saviingi5 to the state totalling $.b*) nuMion (Mt- A) <br />toB) <br />$20 million . See attached discussion, <br />STATE COST <br />IM'PACT OF T'IF ON <br />ENTAL A, <br />.MAORI <br />ERNNhI ID PROGRAMS <br />M <br />$Goor000) <br />HDUSe <br />Alt. <br />19,88 1990+ <br />General Edu,ca,tio�n Aid <br />Offier Educafio�n Aids, <br />4 13 SO..S3** <br />"MaU RUS" eas Credi, 1.6 N/A <br />Hotne,stead, =-,d Agn'Cultilial Credits 10.9 ON/A <br />Assumes 27 7M, arinuial <br />