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City of Ramsey <br />Governmental Activities Tax Revenues By Source <br />Last Ten Fiscal Years <br />(accrual basis of accounting) <br />Property Tax <br />Fiscal Year Ad Valorem Tax Increment Franchise Fees Total <br />2014 8,755,276$ 668,181$ -$ 9,423,457$ <br />2015 9,393,365 671,256 - 10,064,621 <br />2016 9,974,695 700,001 - 10,674,696 <br />2017 10,423,864 712,946 - 11,136,810 <br />2018 11,400,536 983,764 - 12,384,300 <br />2019 11,819,552 1,074,836 - 12,894,388 <br />2020 12,515,773 1,229,175 423,045 14,167,993 <br />2021 13,006,098 1,754,914 2,071,476 16,832,488 <br />2022 15,648,606 1,988,871 4,859 17,642,336 <br />2023 18,262,335 1,864,647 - 20,126,982 <br />Franchise fees were implemented in 2020 with a full year of collections in 2021. The franchise fee <br />was rescinded for year beginning 2022. <br />140