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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 />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 />2024 19,752,163 3,289,178 23,041,341 <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was rescinded for year beginning 2022.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 <br />