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ExecutiveSummary:StudyoftheMetropolitanAreaFiscalDisparitiesProgram <br />FortheMinnesotaDepartmentofRevenue <br />selfsustaining.Onlythoserevenuesandcosts directlyattributed tothelanduseareassumedwiththe <br />exceptionofFiscalDisparitiesProgramrevenue.TheapproachtakenforFiscalDisparitiesrevenue <br />allocatesthedistributionlevyinthejurisdictionusingthefactorsintheFiscalDisparitiesdistribution <br />Eš©’ÒŒ““’;Œämarketvaluesandpopulation.Therefore,theresidentialprototypesinthisanalysis <br />get{©;Ý;tributionleviesinthe{‘z·wFiscal5z­¦©z·z;­|scenario. <br />nue-©;7z·|fordis <br />Indirect,orspinoff,impactsarenotincluded.Anaveragecostapproachistakenandwhere <br />appropriate,revenuesandcostsareallocatedtoresidentialdevelopment,nonresidentialdevelopment, <br />orbothwithproportionatesharefactors. <br />Asnoted,therearetwoscenariosanalyzed:(1)CurrentwithFiscalDisparities(CurrentSystem);and(2) <br />WithoutFiscalDisparities(HypotheticalScenario).Inthelatterscenario,thetaxratesareadjustedto <br />assumethesameamountoflevyintherespectivelocality;therefore,fornetcontributors,thetaxrates <br />areassumedtodecreaseanthetaxratesareassumedtoincrease.However,other <br />dfornetrecipients, <br />revenuesources(suchasstatefundingthatmaybeaffectedbychangestotheFiscalDisparities <br />program)are not adjusted.Theconceptistotestwhatwouldhappentorevenuegenerationbytypeof <br />landuseiftheFiscalDisaritiesprogramweretobedismantledandlevelsofservice’z“·z“;7“ <br />p <br />withoutcloudingtheresultswithchangestootherfundingprograms. <br />TheCostofLandUsefiscalimpactresultsforalllevelsofgovernmentarediscussedintermsofannual <br />netresultsforeachlanduseprototype.Thefiguresshownetfiscalresultsbytypeoflandusefor <br />residentialdevelopmentandnonresidentialdevelopment.Forresidentialdevelopment,resultsare <br />shown perresidentialunit andfornonresidentialdevelopmentresultsareshown per1,000squarefeet <br />offloorarea inallfigures.Datapointsabovethe$0linerepresentnetsurplue <br />ses;datapointsbelowth <br />$0linerepresentnetdeficits.Wherenetdeficitsareshown,onecanassumean{šÝ;©,Ò©7;“|forthat <br />particularprototypelanduse. <br />Summaryresultsareprovidedbelowforeachofthecaseexamplejurisdictionsforalllevelsof <br />government. <br />SummaryResultsofCostofLandUseFiscalImpactAnalysis <br />Resultsforeachcaseexamplearepresentedintotallayeringeach†Ò©z­7z-·zš“x­resultsinonechart.For <br />eachcaseexample,fiscalimpactsummaryresultsareshownfirstwiththeFiscalDisparitiesprogram <br />followedbyfiscalimpactsummaryresultswithouttheFiscalDisparitiesprogram.Whileresultsare <br />presentedintotal(combinedresultsfromthecity,county,andschooldistrict),itshouldbe <br />acknowledgedthatlocalgovernmentsprovideservicesandinfrastructureseparately.Therefore,a{“;· <br />­Ò©¦ŒÒ­|perlanduseatonelevelofgovernment(e.g.,city,county,schools)doesnotoffseta{“;· <br />7;Ez-z·|atanotherlevel. <br />27 <br /> <br />