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City of Ramsey
<br />October 20, 2010
<br />Page 11
<br />Calculated with Fisc
<br />Existing Levy Amount*
<br />380,860
<br />345,609
<br />342,787
<br />99,517
<br />47,382
<br />47,306
<br />47,313
<br />47,319
<br />47,326
<br />47,332
<br />47,338
<br />47,344
<br />47,350
<br />47,355
<br />47,361
<br />47,366
<br />47,371
<br />47,376
<br />New District
<br />Fiscal Disparity
<br />Year Tax Capacity
<br />2011 N/A
<br />2012 65,435
<br />2013 92,333
<br />2014 179,476
<br />2015 216,931
<br />2016 547,496
<br />2017 656,985
<br />2018 947,145
<br />2019 1,249,348
<br />2020 1,558,204
<br />2021 1,873,846
<br />2022 2,191,042
<br />2023 2,515,124
<br />2024 2,835,672
<br />2025 3,163,073
<br />2026 3,425,430
<br />2027 3,671,502
<br />2028 3,758,982
<br />2029 3,848,212
<br />2030 3,939,226
<br />2031 4,032,060
<br />2032 4,126,751
<br />2033 4,223,336
<br />2034 4,321,853
<br />2035 4,422,340
<br />2036 4,524,836
<br />2037 4,629,383
<br />Frozen
<br />Tax Rate
<br />N/A
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />99.566%
<br />Increased
<br />TIF
<br />Revenue
<br />N/A
<br />65,151
<br />91,932
<br />178,697
<br />215,990
<br />545,120
<br />654,134
<br />943,034
<br />1,243,926
<br />1,551,442
<br />1,865,713
<br />2,181,533
<br />2,504,208
<br />2,823,365
<br />3,149,345
<br />3,410,563
<br />3,655,568
<br />3,742,668
<br />3,831,511
<br />3,922,130
<br />4,014,561
<br />4,108,841
<br />4,205,007
<br />4,303,096
<br />4,403,147
<br />4,505,199
<br />4,609,291
<br />Option A
<br />al Disparities from outsi
<br />New Levy Amount
<br />N/A
<br />22,710
<br />31,802
<br />60,669
<br />72,541
<br />180,760
<br />216,292
<br />309,173
<br />404,448
<br />500,454
<br />597,298
<br />693,493
<br />790,726
<br />886,036
<br />982,557
<br />1,059,966
<br />1,132,530
<br />1,160,344
<br />1,187,678
<br />1,215,639
<br />1,244,942
<br />1,274,854
<br />1,305,387
<br />1,336,554
<br />1,368,367
<br />1,400,840
<br />1,433,986
<br />de District
<br />Combined
<br />Impact of Fiscal Disparities**
<br />Total Levy Amount Tax Rate
<br />380,860 1.83%
<br />368,318 1.64%
<br />374,589 1.61%
<br />160,186 0.62%
<br />119,922 0.44%
<br />228,066 0.81%
<br />263,605 0.91%
<br />356,493 1.20%
<br />451,774 1.47%
<br />547,786 1.73%
<br />644,636 1.98%
<br />740,837 2.21%
<br />838,075 2.43%
<br />933,391 2.62%
<br />1,029,917 2.81%
<br />1,107,332 2.93%
<br />1,179,901 3.03%
<br />1,207,721 3.02%
<br />1,187,678 2.86%
<br />1,215,639 2.84%
<br />1,244,942 2.82%
<br />1,274,854 2.80%
<br />1,305,387 2.79%
<br />1,336,554 2.77%
<br />1,368,367 2.75%
<br />1,400,840 2.74%
<br />1,433,986 2.72%
<br />*This is the existing levy amount based on the currently existing TIF Districts, as projected for 2011
<br />"This column shows the combined impact of the existing TIF Districts and the new proposed District. Prior to 2021, the decertification of the existing
<br />Districts offsets the cost of the new District resulting in the decreasing levy amount.
<br />Option B
<br />Calculated with Fiscal Disparities from within District
<br />Increased
<br />TIF
<br />Revenue
<br />N/A
<br />Impact of Fiscal Disparities
<br />From Existing Districts
<br />Existing Levy Amount***
<br />380,860
<br />345,609
<br />342,787
<br />99,517
<br />47,382
<br />47,306
<br />47,313
<br />47,319
<br />47,326
<br />47,332
<br />47,338
<br />47,344
<br />47,350
<br />47,355
<br />47,361
<br />47,366
<br />47,371
<br />47,376
<br />Tax Rate
<br />1.83%
<br />1.54%
<br />1.47%
<br />0.38%
<br />0.17%
<br />0.17%
<br />0.16%
<br />0.16%
<br />0.15%
<br />0.15%
<br />0.15%
<br />0.14%
<br />0.14%
<br />0.13%
<br />0.13%
<br />0.13%
<br />0.12%
<br />0.12%
<br />0.00%
<br />0.00%
<br />0.00%
<br />0.00%
<br />0.00%
<br />0.00%
<br />0.00%
<br />0.00%
<br />0.00%
<br />"' Levy Savings are realized as existing TIF Districts are decertified
<br />If the new District is calculated without Fiscal Disparities the City
<br />will realize savings as existing Districts are decertified, however
<br />the increased TIF revenue from the new District will not be realized.
<br />
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