1991-019
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CITY OF HOPKINS
Hennepin County, Minnesota
RESOLUTION NO. 91-19
RESOLUTION OF SUPPORT FOR HENNEPIN COUNTY BOARD OF
COMMISSIONERS' POSITION ON FISCAL DISPARITIES
WHEREAS, The Fiscal Disparities Program was enacted by the 1971 legislature
and implemented in 1975, and
WHEREAS, the ~oal of Fiscal Disparities is to allow all communities in the metro
region to share in the region's growth, regardless of where that
growth occurs, and
WHEREAS, the growth of the Fiscal Disparities pool is tied directly to the growth
of commercial/industrial property value in the metro area, and
WHEREAS, about two-thirds of the pool comes from inflation on properties that
have had no physical development since the program was enacted,
and
WHEREAS about 75% of all municipal tax base losses in 1991 were experienced
by cities in Hennepin County, and
WHEREAS, approximately $320,000 of commercial/industrial property value in
taxes is transferred out of the City of Hopkins requiring higher
property taxes as a result of Fiscal Disparities, and
WHEREAS, the Hennepin County Board of Commissioners has endorsed a
proposal to limit the size of the tax base contribution pool to its 1991
level of $291 million by adjusting the -contribution rate;
NOW, THEREFORE, BE IT RESOL YED by the City Council of the City of
Hopkins that it hereby supports the position of the Hennepin County Board of
Commissioners and urges the Legislature to consider limiting the size of the tax
base contribution pool as proposed.
Adopted this6lLday of~6, 1991.
By
ATIEST: ~
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}.aI:l1es A. Genelhe, Ity er ·
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