Laserfiche WebLink
ExecutiveSummary:StudyoftheMetropolitanAreaFiscalDisparitiesProgram <br />FortheMinnesotaDepartmentofRevenue <br />Figure15.Commercial/IndustrialTaxCapacityPerCapitawithandwithouttheFiscalDisparities <br />ProgrambyCounty:2011 <br />TheaverageC/Itaxcapacityperpersonhasremainedconstantfrom1996to2011ataround$370per <br />8 <br />person.In1996,HennepinCountywastheonlycountywith aboveaverage percapitafiguresbothwith <br />andwithouttheFiscalDisparitiesProgram.In1996,HennepinandDakotacountieswerenet <br />contributors,thereforewiththeFiscalDisparitiesProgrambothhavealowerpercapitaamountwith <br />theprogramineffectthaneachwouldiftheprogramwereelited. <br />mina <br />In2011,HennepinCountystillhasahigherthanaveragepercapitaamount,underboth­-;“©zš­“Þz·w <br />andwithouttheprogram.RamseyCountyalsohasahigherthanaveragepercapitaamountwiththe <br />FiscalDisparitiesProgramandalowerthanaverageamountiftheprogramwereeliminated.Ifthe <br />programwereeliminated,Hennepin/šÒ“·äx­percapitavaluewouldincreaseby12percent,andall <br />othercountieswoulddecreaseintotalbyapproximately11percent. <br />Impact on Taxes Paid and Tax Rates <br />Oneofthequestionsaddressedinthisstudyistheimpactontaxespaidandtaxratesiftheprogram <br />weretobeeliminated.Theimpactontaxespaidisshownbelowinthefollowingfigures.Thedata <br />8 <br />Thepropertytaxreformsfrom1997to2002contributedtoloweredCommercial/Industrialtaxcapacities, <br />thereforeevenwithpopulationincreasing,theaveragevalueperpersonremainsataroundthe1996level. <br />17 <br /> <br />