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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 />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 />2024 20,061,436 3,289,178 23,350,614 <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fee was rescinded for year beginning 2022.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 />