Minnesota Statutes Metropolitan Area (Ch. 473-473J) § 473F.02. Definitions

Subdivision 1. Terms. The terms defined in this section shall have the meanings therein ascribed to them for purposes ofsections 473F.01to473F.13unless context otherwise requires.

Subd. 2. Area. “Area” means the territory included within the metropolitan area as defined insection 473.121, subdivision 2, excluding lands constituting a major or an intermediate airport as defined undersection 473.625.

Subd. 3. Commercial-industrial property. “Commercial-industrial property” means the following categories of property, as defined insection 273.13, excluding that portion of such property which is exempt from taxation undersection 272.02:

Subd. 4. Residential property. “Residential property” means the following categories of property, as defined insection 273.13, excluding that portion of such property exempt from taxation pursuant tosection 272.02:

Subd. 5. Governmental unit. “Governmental unit” means a county, city, town, school district, or other taxing unit or body which levies ad valorem taxes in whole or in part within the area.

Subd. 6. Administrative auditor. “Administrative auditor” means the person selected pursuant tosection 473F.03.

Subd. 7. Population. “Population” means the most recent estimate of the population of a municipality made by the Metropolitan Council undersection 473.24and filed with the commissioner of revenue as of July 15 of the year in which a municipality's distribution net tax capacity is calculated.

Subd. 8. Municipality. “Municipality” means a city, town, or township located in whole or part within the area as defined in subdivision 2. If a municipality is located partly within and partly without the area, the references insections 473F.01to473F.13to property or any portion thereof subject to taxation or taxing jurisdiction within the municipality are to such property or portion thereof as is located in that portion of the municipality within the area, except that the fiscal capacity of such a municipality shall be computed upon the basis of the valuation and population of the entire municipality.

A municipality shall be excluded from the area if its municipal comprehensive zoning and planning policies conscientiously exclude most commercial-industrial development, for reasons other than preserving an agricultural use. The Metropolitan Council and the commissioner of revenue shall jointly make this determination annually and shall notify those municipalities that are ineligible to participate in the tax base sharing program provided in this chapter for the following year.

Subd. 9. Repealed byLaws 1991, c. 291, art. 1, § 63.

Subd. 10. County. “County” means each county in which a governmental unit is located in whole or in part.

Subd. 11. Repealed byLaws 1991, c. 291, art. 1, § 63.

Subd. 12. Adjusted market value. “Adjusted market value” of real and personal property within a municipality means the taxable market value, as defined insection 272.03, of all real and personal property, including the value of manufactured housing, within the municipality, adjusted for sales ratios in a manner similar to the adjustments made to city and town net tax capacities undersection 273.1325, subdivisions 1to6.

Subd. 13. Repealed byLaws 2013, c. 143, art. 14, § 111.

Subd. 14. Fiscal capacity. “Fiscal capacity” of a municipality means its adjusted market value, determined as of January 2 of any year, divided by its population, determined as of a date in the same year.

Subd. 15. Average fiscal capacity. “Average fiscal capacity” of municipalities means the sum of the adjusted market values of all municipalities, determined as of January 2 of any year, divided by the sum of their populations, determined as of a date in the same year.

Subds. 16 to 20. Repealed byLaws 1991, c. 291, art. 1, § 63.

Subd. 21. Metropolitan Council. “Metropolitan Council” or “council” means the Metropolitan Council created bysection 473.123.

Subd. 22. Levy. “Levy” means the amount certified to the county auditor pursuant to chapter 275, less all reductions made by the auditor pursuant to any provision of law in determining the amount to be spread against taxable property.

Subd. 23. Net tax capacity. “Net tax capacity” means the taxable market value of real and personal property multiplied by its net tax capacity rates insection 273.13.

Subd. 24. Local tax rate. “Local tax rate” means a governmental unit's levy, including any portion levied against market value undersection 126C.17, subdivision 10, divided by its net tax capacity.