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Fiscal Year <br />City of Ramsey <br />General Governmental Tax Revenues By Source <br />Last Ten Fiscal Years <br />(modified accrual basis of accounting) <br />Property Tax Franchise <br />Ad Valorem Tax Increment Fees <br />Total <br />2014 $ 8,876,590 $ 668,181 $ $ 9,544,771 <br />2015 9,504,143 671,256 10,175,399 <br />2016 9,984,895 700,001 10,684,896 <br />2017 10,437,665 712,946 11,150,611 <br />2018 11,432,770 983,764 12,416,534 <br />2019 11,797,398 1,074,836 12,872,234 <br />2020 12,453,173 1,229,175 423,045 14,105,393 <br />2021 13,091,658 1,754,914 2,071,476 16,918,048 <br />2022 15,643,887 1,988,871 4,859 17,637,617 <br />2023 17,886,867 1,864,647 19,751,514 <br />Franchise fees were implemented in 2020 with a full year of collections in 2021. The franchise <br />fee was rescinded for year beginning 2022. <br />143 <br />