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31. Pre-1940 Housing Unit Percentage. This is used to detennine the City Revenue Need described in Point 32 below. 32. City Revenue Need. This is a component of thl: Local Government Aid fonnula provided by the State. The fonnula for this includes the CII Market Value Percentage (Point 28) and the total population of the City (Point 20). Any changes in these variables are reflected in marginal changed to the City Revenue Need variable. The fonnula for cities with a population greater than 2,500 is as follows: 3.462312 times the housing percentage plus 2.093826 times the CII percentage plus 6.862552 times the population decline percentage plus .00026 times the city population plus 152.0141. 33. Payable City Net Tax Capacity. This is the City's previous years net tax capacity, which in this definition is the total tax capacity minus FD Contribution Capacity and TIF revenues plus FD Distribution Tax Capacity. It is used to detennine the City Aid fonnula (Point 37). 34. Tax Effort Rale. This is the result 'of dividing the previous years statewide total payable net levy for all cities by the statewide total payable equalized net tax capacity for all cities. This rate is the same for all cities and is used to detennine the City Aid fonnula (Point 37). For purposes of the fiscal analysis, this value remains constant using the snapshot approach. 35. Need Increase Percentage. This is the percentage that is needed to increase the total local government aid for all cities to the amount of local government aid appropriated for cities in the current year. The need increase percentage is the same for all cities, and is used to detennine the City Aid fonnula (Point 37). For purposes of the fiscal analysis, this value remains constant using the snapshot approach. 36. City Base Aid. This is the total of Roseville's 1993 Local Government Aid, 1993 equalization aid. and 1993 disparity reduction aid. It is the base value from which increases have been calculated since 1993. The 1993 value for Roseville is $3.1 million and is added to the City Fonnula Aid (Point 37) each year to detennine the total Local Government Aid (Point 39). 37. City Formula Aid. This is added to the City Base Aid (Point 36) to derive the total aid for the year (Point 38). It is calculated each year based on the following fonnula referring to the points above: 35 x (32 x Previous Year's Population)-(33 x 34). 38. Total Aid. Total Aid is the sum of City Formula Aid and the City Base Aid. 39. Total Aid After Deductions. This is the final Local Government Aid amount after a minor amount of State administrative and other costs are subtracted. For purposes of the analysis, these costs will remain fixed given that a snapshot approach is used. Page 41 Tischler & Associates, Inc.