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FISCAL DISPARITIES ELECTION <br />Pursuant to M.S., Section 469.777, Subd. 3, the City may elect one of two <br />methods to calculate fiscal disparities. <br />The City will choose to calculate fiscal disparities by clause b (inside). <br />ESTIMATED IMPACT ON OTHER TAXING JURISDICTIONS <br />The estimated impact on other taxing jurisdictions assumes that the <br />redevelopment contemplated by the TIF Plan would occur without the <br />creation of the District. However, the City has determined that such <br />development or redevelopment would not occur "but for" tax increment <br />financing and that, therefore, the fiscal impact on other taxing jurisdictions is <br />$0. The estimated fiscal impact of the District would be as follows if the "but <br />for" test was not met: <br />Impact on Tax Base <br />2020/Pay 2021 <br />Entity Total Net Tax <br />Capacity <br />Esti mated <br />Captured Tax <br />Capacity (CTC) <br />upon <br />completion <br />Percent of CTC <br />to Entity Total <br />Anoka County <br />City of Ramsey <br />ISD No. 11 <br />386,212,504 <br />28,227,332 <br />221,874,868 <br />442,127 <br />442,127 <br />442,127 <br />0.1145% <br />1.5663% <br />0.1993% <br />Entity <br />Impact on Tax Rates <br />Pay 2021 Percent of <br />Extension Rate Total <br />CTC <br />Potential Taxes <br />Anoka County <br />City of Ramsey <br />ISD No. 11 <br />Other <br />31.0860% <br />39.2510% <br />16.1520% <br />4.7170% <br />91.2060% <br />34.08% <br />43.04% <br />17.71% <br />5.17% <br />100.00% <br />442,127 <br />442,127 <br />442,127 <br />442,127 <br />$ 137,440 <br />173,539 <br />71,412 <br />20,855 <br />$ 403,247 <br />City of Ramsey <br />Tax Increment Financing District No. 18 (Oppidan Industrial) 9 <br />