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ExecutiveSummary:StudyoftheMetropolitanAreaFiscalDisparitiesProgram <br />FortheMinnesotaDepartmentofRevenue <br />Figure12.Commercial/IndustrialTaxBasebyRegionalDevelopmentClassification:1996and2011 <br />PROPERTY TAX, AID, AND LOCAL DEVELOPMENT <br />PROGRAMS THAT INTERACT WITH FISCAL DISPARITIES <br />Thereportprovidesadescriptionofarangeofpropertytax,aid,andlocaldevelopmentprogramsthat <br />areinexistenceinMinnesotaandavailabletolocalgovernments.Thefollowingarediscussedinthe <br />bodyofthereport: <br />CategoryI:ClassificationandOtherTaxBaseFeatures <br />Classification <br />o <br />HomesteadMarketValueExclusion <br />o <br />CategoryII:AidsandRefunds <br />LocalGovernmentAid <br />o <br />CountyProgramAid <br />o <br />PropertyTaxRefund <br />o <br />DisparityReductionAid <br />o <br />CategoryIII:TIFandEconomicDevelopment <br />TaxIncrementFinancing <br />o <br />EconomicDevelopmentAbatements <br />o <br />MetroVacantLandPlatLaw <br />o <br />12 <br /> <br />