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Total COR Development Area (City Owned)
<br />Retail /Commercial Districts
<br />Base Market Value
<br />Base Tax Capacity
<br />Base Market Value
<br />Base Tax Capacity
<br />Land Building Total
<br />Total
<br />Land Building Total
<br />Total
<br />46,825,715 0 46,825,715
<br />Post Development Market Value
<br />830,775
<br />Post Dev Tax Cap.
<br />27,124,136 0 27,124,136
<br />Post Development Market Value
<br />527,483
<br />Post Dev Tax Cap.
<br />Land Building Total
<br />Total
<br />Land Building Total
<br />Total
<br />46,825,715 224,664,452 271,490,167
<br />4,580,877
<br />27,124,136 113,059,650 140,183,786
<br />2,773,676
<br />1 224,664,452
<br />Growth
<br />3,750,102
<br />1 113,059,650
<br />Growth
<br />2,246,193
<br />Year Base TC Total TC Incremental Growth
<br />Build -Out Schedule: 10- Years, starting with construction in 2014
<br />Year Base TC Total TC Incremental Growth
<br />1 - 2012 18,474 298,086 279,612
<br />2 - 2013 36,948 399,334 362,386
<br />3 - 2014 67,277 656,179 588,901
<br />4 - 2015 97,606 794,471 696,865
<br />5 - 2016 180,684 1,684,866 1,504,182
<br />6 - 2017 263,761 2,047,778 1,784,017
<br />7 - 2018 346,839 2,451,645 2,104,807
<br />8 - 2019 429,916 2,863,590 2,433,674
<br />9 - 2020 512,994 3,283,774 2,770,781
<br />10 - 2021 596,071 3,712,362 3,116,291
<br />11 - 2022 660,674 4,048,273 3,387,598
<br />12 - 2023 725,278 4,390,902 3,665,624
<br />13 - 2024 778,026 4,703,340 3,925,313
<br />14 - 2025 830,775 5,022,026 4,191,251
<br />15 - 2026 830,775 5,122,466 4,291,692
<br />16 - 2027 830,775 5,224,916 4,394,141
<br />17 - 2028 830,775 5,329,414 4,498,639
<br />18 - 2029 830,775 5,436,002 4,605,228
<br />19 - 2030 830,775 5,544,722 4,713,948
<br />20 - 2031 830,775 5,655,617 4,824,842
<br />21 - 2032 830,775 5,768,729 4,937,955
<br />22 - 2033 830,775 5,884,104 5,053,329
<br />23 - 2034 830,775 6,001,786 5,171, 011
<br />24 - 2035 830,775 6,121,821 5,291,047
<br />25 - 2036 830,775 6,244,258 5,413,483
<br />26 - 2037 830,775 6,369,143 5,538,368
<br />1 - 2012 0 0 0
<br />2 - 2013 0 0 0
<br />3 - 2014 0 0 0
<br />4 - 2015 0 0 0
<br />5 - 2016 52,748 752,102 699,354
<br />6 - 2017 105,497 976,721 871,225
<br />7 - 2018 158,245 1,220,875 1,062,630
<br />8 - 2019 210,993 1,469,912 1,258,919
<br />9 - 2020 263,741 1,723,929 1,460,188
<br />10 - 2021 316,490 1,983,027 1,666,538
<br />11 - 2022 369,238 2,247,307 1,878,069
<br />12 - 2023 421,986 2,516,873 2,094,886
<br />13 - 2024 474,734 2,791,829 2,317,095
<br />14 - 2025 527,483 3,072,285 2,544,802
<br />15 - 2026 527,483 3,133,731 2,606,248
<br />16 - 2027 527,483 3,196,406 2,668,923
<br />17 - 2028 527,483 3,260,334 2,732,851
<br />18 - 2029 527,483 3,325,540 2,798,058
<br />19 - 2030 527,483 3,392,051 2,864,568
<br />20 - 2031 527,483 3,459,892 2,932,409
<br />21 - 2032 527,483 3,529,090 3,001,607
<br />22 - 2033 527,483 3,599,672 3,072,189
<br />23 - 2034 527,483 3,671,665 3,144,182
<br />24 - 2035 527,483 3,745,099 3,217,616
<br />25 - 2036 527,483 3,820,000 3,292,518
<br />26 - 2037 527,483 3,896,400 3,368,918
<br />City of Ramsey
<br />October 20, 2010
<br />Page 6
<br />The following charts below show the current base values, the projected growth values, and the projections for future Tax Capacity.
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