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.,�� _.._._. .____ _ �-- _ ____ _ �. ...._ r .._. � _..._... __ r-- . -_.__ _._..__ - - _.. � <br />Executi�e Summary <br />� In light of the budget difficulties which are currently being faced at the s#ate �evel, aid to local <br />governments will probably faif to increase within the near future and may disappear altogether. <br />• Falcon Heigh#s, because its commercial and industrial base is m�ch smailer than Roseviile's, has <br />a lower gross tax cap�city per capita than Roseville. <br />• If state aid is cut further, Falcon Heights may find it difficult to raise additional tax revenues <br />because of its relatively smafler tax capacity. Both cities will face statutory limits in their ability to <br />generate revenue through taxation because of levy limitations. If revenue cannot be sufficiently <br />raised, city services rr�ight be reduced. <br />• By contracting city services or by merging the two cities, savings could be achieved. <br />- These savings might be utilized to maintain current service levels. <br />- Under a contracting scenario, about $900,000 could be saved over the next five years. <br />- By merging, about $1,8�0,0�0 could be saved over the next five years. <br />- Addi#ional benefits would likely accrue u�der a merger as economies of scale are achieved in <br />departmen#al operations. <br />2 <br />ROS-0417 - 3430 - Waking Draft <br />