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ExecutiveSummary:StudyoftheMetropolitanAreaFiscalDisparitiesProgram <br />FortheMinnesotaDepartmentofRevenue <br />I.EXECUTIVESUMMARY <br />OVERVIEW OF THE STUDY <br />TischlerBisehasbeenretainedbytheMinnesotaDepartmentofRevenuetoanalyzetheTwinCities <br />MetropolitanAreaFiscalDisparitiesProgram.The{/w©Œ;­R.WeaverMetropolitanRevenue <br />Distribution!-·|enactedin1971,commonlyreferredtoastheMetropolitanFiscalDisparitiesprogram, <br />wasanattempttoaddressgrowingfiscalconcernswithinthesevencountyMinneapolisSt.Paulregion, <br />hometoover180citiesandtownships,over60schooldistricts,anddozensofothertaxingauthorities. <br />Thelawrequiresallcommunitiesinthesevencountyareatocontribute40percentofthegrowthin <br />theircommercial/industrialtaxbase(from1971)toaregionalpool. <br />TheobjectivesoftheProgramasstatedintheoriginalActwereasfollows: <br />Toprovideawayforlocalgovernmentstoshareintheresourcesgeneratedbythegrowthof <br />thearea,withoutremovinganyresourcesthatlocalgovernmentsalreadyhave. <br />Toincreasethelikelihoodoforderlyurbandevelopmentbyreducingtheimpactoffiscal <br />considerationsonthelocationofbusinessandresidentialgrowthandofhighways,transit <br />facilities,andairports. <br />Toestablishincentivesforallpartsoftheareatoworkforthegrowthoftheareaasawhole. <br />Toprovideawaywherebythe©;x­resourcescanbemadeavailablewithinandthroughthe <br />existingsystemoflocalgovernmentsandlocaldecisionmaking. <br />Tohelpcommunitiesindifferentstagesofdevelopmentbymakingresourcesincreasingly <br />availabletocommunitiesatthoseearlystagesofdevelopmentandredevelopmentwhen <br />financialpressuresonthemarethegreatest. <br />ngtheimpactoffiscalconsiderationsso <br />Toencourageprotectionoftheenvironmentbyreduci <br />thatfloodplainscanbeprotectedandlandforparksandopenspacecanbepreserved. <br />1 <br /> <br />