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I have served the City of Isanti as Mayor since 2007. We have accomplished great things together and I look forward to building on our success. United, we move forward to a better future. You may contact me at 763-442-8749 or e-mail me at george@georgewimmer.com.

Tuesday, January 27, 2009

Governor's LGA Cut Proposal.

Gov. Pawlenty's 2010-11 budget proposal recommends a $99.6 million cut to funding for 2009 Local Government Aid (LGA) and Market Value Homestead Credit (MVHC) reimbursement for cities. The proposed cut to 2010 aid and credit is $185.8 million. The governor did not propose any reductions to police and fire aids. ~ from the League of Minnesota Cities.


*****revised numbers just provided 1/28/09*****

The Governor’s proposal will cut $140,075 (27%) and leaving $373,813 for 2009. 2010 there will be a $292,501 (57%) cut leaving $201,283 according to the Governor’s proposal. This is the first proposal and these can change dramatically before we get to the final budget numbers.

Cambridge looks to lose 33% in 2009 and 70% in 2010. Times they are a changing....

The drastic cut in 2010 makes our LGA Flip process even more important to accomplish as Isanti would not be affect till 2011 and by then we should be moving strongly forward in our tax base. If these numbers hold we should be in pretty good shape so long as we follow the plan and continue being fiscally disciplined.

2 comments:

Anonymous said...

Does the county get LGA from the state, and have you heard anything about how they are handling the cuts?

George said...

The County does get the state funds as we get LGA. To my knowledge the County has not done anything regarding the cuts. Frankly the County has answered higher cost the same way many have by simply raising taxes.

I have been disappointed that the Commissioners gave themselves a raise this year as so many others have faced cuts.