Politics & Government

Zero to $300K: Mound Leads the Way Getting LGA Funds among Lake Minnetonka Cities

Mound and Long Lake are the only cities around Lake Minnetonka getting Local Government Aid money under new state formulas the Minnesota Legislature approved Monday.

 

Changes to the formula state government uses made a difference for only one of the cities around Lake Minnetonka: Mound is due to get more than $300,000 in Local Government Aid funds in 2014.

Mound got zero in 2013, like Deephaven, Excelsior, Greenwood, Minnetrista, Orono, Shorewood, Spring Park, Tonka Bay and Wayzata.

Find out what's happening in Lake Minnetonkawith free, real-time updates from Patch.

Long Lake is the only other city to be allotted LGA money in 2013, and it's the only other city besides Mound getting it in 2014. Long Lake's take: $26,410.

The omnibus tax bill passed the Minnesota Senate 36-30 just a few minutes before midnight Monday—the legislative session's legal deadline.

Find out what's happening in Lake Minnetonkawith free, real-time updates from Patch.

According to Session Daily, "the bill would make changes to the distribution of local government aid through a new formula. Counties and townships would also see an increase in state aid—all in an effort to lower property taxes, supporters say."

City Certified 2013 LGA HF 677 2014 LGA Deephaven 0 0 Excelsior 0 0 Greenwood 0 0 Long Lake $26,410 $26,410 Minnetrista 0 0 Mound 0 $301,146 Orono 0 0 Shorewood 0 0 Spring Park 0 0 Tonka Bay 0 0 Wayzata 0 0

Related:

  • Mound Would Be Lake Minnetonka's Big Winner under New Local Government Aid Bill


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