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06-10-1991 Council Packet
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06-10-1991 Council Packet
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S’ <br />ft- <br />u <br />{. <br />^VV- •. <br />iIl^ -a- i>v: .w <br />L( <br />Summary of the 1991 Omnibus Tax Bill <br />I. Local Sales Tax Option...................................................2 <br />n. Class rate changes........................................................3 <br />in. Aid cuts/levy limits 1991, 1992....................................4 <br />rV. Special levies.................... 5 <br />V. Homestead and Agricultural Credit Aid (HACA)............5 <br />VI. Lccai Government Trust Fund......................................5 <br />Vn. Referenda Levy on \i ^rket Vaiue................................5 <br />Vni. Tax Increment Financing........................................... <br />EX. Truth in Taxation Changes............................................ <br />X. Fiscal Disparities - Technical Changes...........................7 <br />XI. Local Government Services Sharing and <br />Combination Services.......................................................8 <br />Xn. Miscellaneous Changes..............................................8 <br />.. .1
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