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ExecutiveSummary:StudyoftheMetropolitanAreaFiscalDisparitiesProgram <br />FortheMinnesotaDepartmentofRevenue <br />Withalljurisdictionscombined,mostsinglefamilyresidentialprototypesproducenetdeficits <br />withtheexceptionofsinglefamilydetachedunitsofhighervalueunderboththecurrenttaxing <br />systemandifFiscalDisparitieswereeliminated. <br />UnderthecurrentsystemwithFiscalDisparitiescombinedforalljurisdictions,officeand <br />industrialgeneratenetsurpluseswithretailandinstitutionalgeneratingnetdeficits.Retail <br />generatesnetdeficitsatboththecityandcountylevelandofficegeneratesanetdeficitatthe <br />citylevel. <br />OverallfindingsareessentiallythesameunderthecurrentŒޓÞz·wFiscal5z­¦©z·z;­““7ifit <br />wereeliminated.Thatis,whetheralanduseproducesanetdeficitornetsurplusisunaffected <br />byremovaloftheFiscalDisparitiesprogram.Whatisaffectedisthemagnitudeofthedeficitor <br />surplus.Residentialnetdeficitsgetlarger,duetotheremovalofFiscalDisparitiesrevenue <br />allocationandadecreasedtaxratesincethiscommunityisanetcontributor. <br />Fornonresidentiallanduseprototypes,theoverallresultislargernetsurplusesforofficeand <br />industrial,duetomoredirectrevenuecaptured.Theretaillanduseisstillanet7;Ez-z·““ <br />overburden,evenwithmoredirectpropertytaxrevenuescaptured. <br />Fornonresidentiallandusesexceptretailandinstitutionaluses,theoverallfiscalimpactisanet <br />surplus,indicatingthatthereisnotan{šÝ;©,Ò©7;“|intotaltoservetheselanduses.However, <br />forretail(andinstitutional)landuses,thereappearstobeanoverburdenintotal.Resultsvary <br />byjurisdictionlevelwhereserviceimpactsareexperienced. <br />35 <br /> <br />