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Fiscal Disparities Effect on Tax Rate <br />Hypothetical 2021 Tax Rate Calculation <br />TIF Calc Option A <br />TIF Calc Option B <br />$9,546,014 <br />Hypothetical Certified 2021 Levy <br />$9,546,014 <br />- $928,112 <br />Less: Area Wide Levy <br />- $928,112 <br />$8,617,902 <br />= Local Levy <br />$8,617,902 <br />I $23,374,075 <br />Taxable Net Tax Capacity (TNTC) <br />I $25,247,922 <br />= 36.869% <br />Local Tax Rate <br />= 34.133% <br />= 2.736% <br />The increase in Tax Rate as a result of Option <br />Public Sector Advisors Springsted <br />