Agenda - Economic Development Authority - 10/09/2025

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FISCAL DISPARITIES ELECTION Pursuant to M.S., Section 469.777, Subd. 3, the City may elect one of two methods to calculate fiscal disparities. The City will choose to calculate fiscal disparities by clause b (inside). ESTIMATED IMPACT ON OTHER TAXING JURISDICTIONS The estimated impact on other taxing jurisdictions assumes that the redevelopment contemplated by the TIF Plan would occur without the creation of the District. However, the City has determined that such development or redevelopment would not occur "but for" tax increment financing and that, therefore, the fiscal impact on other taxing jurisdictions is $0. The estimated fiscal impact of the District would be as follows if the "but for" test was not met: Impact on Tax Base Entit 2024/Pay 2025 Total Net Tax Ca•acit Estimated Captured Tax Capacity (CTC) u.on com•letion Percent of CTC to Entit Total Anoka County City of Ramsey ISD 11 (Anoka -Hennepin) 542,102,975 42,470,228 284,887,195 106,010 106,010 106,010 0.0196% 0.2496% 0.0372% Entity Impact on Tax Rates Pay 2025 Percent of Extension Rate Total CTC Potential Taxes Anoka County City of Ramsey ISD 11 (Anoka -Hennepin) Other 30.2450% 46.2140% 13.5980% 3.5900% 93.6470% 32.30% 49.35% 14.52% 3.83% 100.00% 106,010 106,010 106,010 106,010 $32,063 48,992 14,415 3,806 $99,275 The estimates listed above display the captured tax capacity when all construction is completed. The tax rate used for calculations is the Pay 2025 rate. The total net capacity for the entities listed above are based on Pay 2025 figures. The District will be certified under the Pay 2026 rates, which were unavailable at the time this TIF Plan was prepared. City of Ramsey Tax Increment Financing District No. 19 (Zero Zone) 9