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Exhibit VI <br />Estimated Impact on Other Taxing Jurisdictions Report <br />City of Ramsey, Minnesota <br />Tax Increment Financing (Redevelopment) District No. 14 <br />The COR Project <br />Scenario 2 - Without FD <br />Without <br />t or TIF District With Proiect and TIF District <br />(1) Taxable net tax capacity = total net tax capacity - captured TIF - fiscal disparity contribution, if applicable. <br />(2) The impact on these taxing jurisdictions is negligible since they represent only 6.66% of the total tax rate. <br />SPRINGSTED Page 26 <br />Projected <br />Hypothetical <br />2009/2010 2009/2010 Retained New Hypothetical Hypothetical <br />Tax Generated <br />Taxable 2009/2010 Taxable Captured Taxable Adjusted Decrease In <br />by Retained <br />Taxing <br />Net Tax Local Net Tax Net Tax Net Tax Local Local <br />Captured <br />Jurisdiction <br />Capacity (1) Tax Rate Capacity (1) + Capacity = Capacity Tax Rate (') Tax Rate ( *) <br />N.T.C. (') <br />City of Ramsey <br />22,452,307 37.811% 22,452,307 $12,647,452 35,099,759 24.187% 13.624% <br />3,058,990 <br />Anoka County <br />350,143,958 35.189% 350,143,958 12,647,452 362,791,410 33.962% 1.227% <br />4,295,360 <br />ISD #11 <br />222,953,724 19.939% 222,953,724 12,647,452 235,601,176 18.869% 1.070% <br />2,386,402 <br />Other (2) <br />- -- 6.627% - -- 12,647,452 - -- 6.627% - -- <br />- -- <br />Totals <br />99.566% 83.645% 15.921 <br />Statement 1: <br />If the projected Retained Captured Net Tax Capacity of the TIF District was hypothetically available to each of <br />the taxing jurisdictions above, the result would be a lower local tax rate (see Hypothetical Adjusted Tax Rate above) <br />which would produce the same amount of taxes for each taxing jurisdiction. In such a case, the total local tax rate <br />would decrease by 15.921 % (see Hypothetical Decrease in Local Tax Rate above). The hypothetical tax that the <br />Retained Captured Net Tax Capacity of the TIF District would generate is also shown above. <br />Statement 2: <br />Since the projected Retained Captured Net Tax Capacity of the TIF District is not available to the taxing jurisdictions, <br />then there is no impact on taxes levied or local tax rates. <br />(1) Taxable net tax capacity = total net tax capacity - captured TIF - fiscal disparity contribution, if applicable. <br />(2) The impact on these taxing jurisdictions is negligible since they represent only 6.66% of the total tax rate. <br />SPRINGSTED Page 26 <br />