To correct a typo I made originally, Minneapolis and St. Paul have 24.8% of the metro area population, not over 200% as I had typed.
Hennepin County is a net payer into the pool, Ramsey is a recipient. Terrell Brown Minneapolis -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]]On Behalf Of Eva Young Sent: Wednesday, February 12, 2003 12:12 PM To: [EMAIL PROTECTED] Subject: [TCMetro] Local Government Aid and Fiscal Disparities This comes from the Minneapolis Issues list. I think this is worthwhile discussion for the TCMetro list which has a better Signal to Noise level than Minneapolis Issues. Terrell Brown sent the post to Minneapolis Issues. Eva Young -----Original Message----- From: David Brauer Vicky writes: > Minneapolis is the RICHEST city in the state (20% of the taxable real > estate, but only 11% of the population.) What is the source of this data? For example, the population figure is wrong. Minneapolis had 382,618 people in the 2000 Census (http://www.metrocouncil.org/Census/news_265.htm); Minnesota had 4,919,479 people in the same census (http://www.census.gov/census2000/states/mn.html). That means we have 7.8 percent of the state population, not 11 percent. I'd bet Vicky's taxable real estate figure is also wrong - at least until I see a source. [TB] According to a MN House publication on fiscal disparities, Minneapolis and St. Paul combined had 25.9% of the -metro area- commerical/industrial tax base in 1998. The same cities had 224.8% of the population of the same area. http://www.house.leg.state.mn.us/hrd/pubs/fiscaldis.pdf (page 4) The same report (page 24) says that if the program were eliminated, Minneapolis taxes would have increased by 1% for Residential Homestead and .6% of Commercial/Industrial property. Incidently Local Government Aids and Fiscal Disparities are separate programs. Terrell Brown Loring Park terrell at terrellbrown dot org Eva Young Near North Minneapolis [EMAIL PROTECTED] Blog is up: http://lloydletta.blogspot.com _______________________________________________ Twin Cities Metropolitan Issues Forum http://www.e-democracy.org/tcmetro Rules: Sign posts with real name. You may not post more than twice a day. _______________________________________________ Twin Cities Metropolitan Issues Forum http://www.e-democracy.org/tcmetro Rules: Sign posts with real name. You may not post more than twice a day.
