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<br /> <br /> <br /> <br />1999 Laws <br />Chapter 243, Art. <br />6, See. 2 adding <br />Minn. Stat. A <br />204B.135, subd. 5 <br />(as amended by <br />1999 Laws Ch 249 <br />See. 21) <br /> <br />~ <br /> <br />A sample <br />resolution can be <br />found In <br />Appendix J <br /> <br /> <br />Tax rate certification <br /> <br />A new law requires that all cities aver 500 populatian and all counties <br /> <br />. The pravision is based an a Missauri law and was <br />passed by the Legislature in response to cancerns that cities and counties <br />were claiming they were freezing taxes when, in fact, the levy was <br />increasing but being affset by tax base grawth. <br /> <br />Under the law, the caunty auditar is required to. pravide infarmatian to. <br />affected cities and the caunty baard that will, allaw the lacal gavernment <br />to. calculate \ [ r ~ I U ~ ~_ JI Jll L JJ~I]! ~dH J tilE IL. J IIf' <br />1m l' II t. Essentially, .1 <br />. The caunty auditar is . <br />required to. pravide this infarmatian by October 1 af each year. <br /> <br />The city cauncil ar cauIlo/ board must" <br />.','><'mr' :0- :"I.~'J.J llLJ~.d1 JI JI r rI J Jt. l L ' IITllllmJIT <br />11'<,{ :1rhe, resalutian must be fIled with the caunty auditar by Octaber <br />20 af each year. If a city ar caunty fails to. file this resalutian by Octaber <br />20, the caunty auditar is~ prahibited fram spreading a levy that wauld <br />result in a higher tax rate, unless the increased rate is due to. either a <br />change in the general abligation debt levy,ar a reduction in tax capacity <br />due to. a classificatian change, praperty exemptian, court judgment, ar <br />caunty errar. The levy and tax rate are adjusted to. exclude levy far <br />general abligatian bands and fiscal disparities, if applicable. <br /> <br />If a city files the resalutian:'it may still certify a fmallevy that results in a <br />canstant ar decreased tax rate. It may therefare be prudent to. fIle the <br />resolutian by the Octaber 20 deadline if yaur preliminary levy wauld <br />cause a tax rate increase even if yau plan to. certify a lower final levy in <br />, December.' <br /> <br />Guidelines for Preparing City Budgets 2000 <br /> <br />21 <br />