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Hor-ne2 Suites - No Inflation <br /> City of Ramsey, MN <br /> 'uU'U,`,kEHLERS, 82 Room Hotel <br /> 111pillsI11111111I qq- wom! <br /> MEMMEMEMEMEM <br /> Project Original Fiscal Captured Local Annual Semi-Annual State Admin. Semi-Annual Semi-Annual PERIOD <br /> %of Tax Tax Disparities Tax Tax Gross Tax Gross <br /> Tax Auditor at Net Tax Present ENDING Tax Payment <br /> OTC Capacity Capacity Incremental Capacity Rate Increment Increment 0.36% 40% Increment Value Yrs. Year Date <br /> - - - 02/01/25 <br /> 100% 58,625 (6,264) 52,361 95.108% 49,799 24,900 (90) (9,924) 14,886 14,169 0.5 2025 08/01/25 <br /> 24,900 (90) (9,924) 14,886 27,992 1 2025 02/01/26 <br /> 100% 117,250 (6,264) 110,986 95.108% 105,557 52,778 (190) (21,035) 31,553 56,577 1.5 2026 08/01/26 <br /> 52,778 (190) (21,035) 31,553 84,466 2 2026 02/01/27 <br /> 100% 117,250 (6,264) 110,986 95.108% 105,557 52,778 (190) (21,035) 31,553 111,674 2.5 2027 08/01/27 <br /> 52,778 (190) (21,035) 31,553 138,218 3 2027 02/01/28 <br /> 100% 117,250 (6,264) 110,986 95.108% 105,557 52,778 (190) (21,035) 31,553 164,115 3.5 2028 08/01/28 <br /> 52,778 (190) (21,035) 31,553 189,380 4 2028 02/01/29 <br /> 100% 117,250 (6,264) 110,986 95.108% 105,557 52,778 (190) (21,035) 31,553 214,030 4.5 2029 08/01/29 <br /> 52,778 (190) (21,035) 31,553 238,077 5 2029 02/01/30 <br /> 100% 117,250 (6,264) 110,986 95.108% 105,557 52,778 (190) (21,035) 31,553 261,539 5.5 2030 08/01/30 <br /> 52,778 (190) (21,035) 31,553 284,428 6 2030 02/01/31 <br /> 100% 117,250 (6,264) 110,986 95.108% 105,557 52,778 (190) (21,035) 31,553 306,759 6.5 2031 08/01/31 <br /> 52,778 (190) (21,035) 31,553 328,545 7 2031 02/01/32 <br /> 100% 117,250 (6,264) 110,986 95.108% 105,557 52,778 (190) (21,035) 31,553 349,800 7.5 2032 08/01/32 <br /> 52,778 (190) (21,035) 31,553 370,536 8 2032 02/01/33 <br /> 100% 117,250 (6,264) 110,986 95.108% 105,557 52,778 (190) (21,035) 31,553 390,767 8.5 2033 08/01/33 <br /> 52,778 (190) (21,035) 31,553 410,504 9 2033 02/01/34 <br /> 100% 117,250 (6,264) 110,986 95.108% 105,557 52,778 (190) (21,035) 31,553 429,760 9.5 2034 08/01/34 <br /> 52,778 (190) (21,035) 31,553 448,546 10 2034 02/01/35 <br /> 100% 117,250 (6,264) 110,986 95.108% 105,557 52,778 (190) (21,035) 31,553 466,874 10.5 2035 08/01/35 <br /> 52,778 (190) (21,035) 31,553 484,755 11 2035 02/01/36 <br /> 100% 117,250 (6,264) 110,986 95.108% 105,557 52,778 (190) (21,035) 31,553 502,200 11.5 2036 08/01/36 <br /> 52,778 (190) (21,035) 31,553 519,220 12 2036 02/01/37 <br /> 100% 117,250 (6,264) 110,986 95.108% 105,557 52,778 (190) (21,035) 31,553 535,824 12.5 2037 08/01/37 <br /> 52,778 (190) (21,035) 31,553 552,023 13 2037 02/01/38 <br /> 100% 117,250 (6,264) 110,986 95.108% 105,557 52,778 (190) (21,035) 31,553 567,827 13.5 2038 08/01/38 <br /> 52,778 (190) (21,035) 31,553 583,246 14 2038 02/01/39 <br /> 100% 117,250 (6,264) 110,986 95.108% 105,557 52,778 (190) (21,035) 31,553 598,289 14.5 2039 08/01/39 <br /> 52,778 (190) (21,035) 31,553 612,965 15 2039 02/01/40 <br /> 100% 117,250 (6,264) - 110,986 95.108% 105,557 52,778 (190) (21,035) 31,553 627,282 15.5 2040 08/01/40 <br /> 52,778 (190) (21,035) 31,553 641,251 16 2040 02/01/41 <br /> Total 1,633,148 (5,879) (650,907) 976,361 <br /> Present Value From 08/01/2024 Present Value Rate 6.00% f 1,072,613 (3,861) (427,601) 641,251 <br />