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<br />1954494v3
<br />
<br />EXHIBIT D
<br />
<br />Impact on Other Taxing Jurisdictions and Other Financial
<br />Data Present Value Analysis As Required
<br />by Minnesota Statutes, Section 469.175(3)(2)
<br />
<br />City of Ramsey, Minnesota
<br />Tax Increment District No. 11
<br />
<br /> City of Al10ka I.S.D.#ll
<br /> lurnSe)l County Anoka-Hennepin Other Total
<br />Total Taxable NTC 2006/2007 ]Q.172,542 290.5&2.182 150.031.4&1 M 459,786.205
<br />Projected Retained NTC 249,625 249.625 249.625 0
<br />Hypothetical New l\'TC 19,422,167 290,831,807 150,281,l{J{i NA
<br />EKisting Local Tax Ralc 2006!2007 .~9.92S%. -,tl.b15'l:q 19.337% 5.744% 9$.684%
<br />Hypothetical Adj. Local Tax Rak 39.415% 30.649% 19.305% 5.744% 95.112%
<br />Difrerencc 0.513% 0.026% 0.032% NA .0.572%
<br />Hypothetical Talles on Retained NTe 98.389 76.507 48,190 \IA
<br />
<br />Statement 1:
<br />If the projected Retained Captured NcI Tax Capacity orthe T1F District was hypothetically available to each of
<br />the taxing jurisdictions above. the ~ult would be a lower local tax. nile (see Hypothetial Adjusted Tax Rate above)
<br />which would produce the same amounlo(taxes for each taxingjurisdiclion. In such a case. thetotallor;al tax rate
<br />would decrease by 0.572% (see Hypothetical Decrease in Local Tax Rate above). The hypothetical tax that the
<br />Retained Captured Net Tax Capacity of the TIF District would generate is also shown above.
<br />
<br />Staltemeat2:
<br />Since the projected Retained Captured Net Tax Capacity of the TlF District is DOt available to the taxingjurisdictions.
<br />then there is no impact on taxes levied or local tax rates.
<br />
<br />(1) Taxable net tax capacity II: total nCl tax capacity - captured TIF - Fiscal Disparities Co1\!nbuticn.
<br />(2) The impact on Ihese taxingjurisdittions n negligible since theyrcpresen1 only 6.00% of the total tax rate.
<br />
<br /> Annual Pr=nt
<br /> Gross Tax Vah"@
<br />y", Incrc:menl 8.25%
<br />I 2009 238.851 192,066
<br />2 2010 238,851 177.428
<br />3 2011 238,851 163.906
<br />4 2012 238.851 151.414
<br />5 2013 238,851 139.875
<br />6 2014 238,851 129.214
<br />7 2015 238,851 119.361
<br />8 2016 238,851 110,269
<br />9 2017 238,851 101,865
<br />10 2018 238.851 94,102
<br />II 2019 238,851 86,930
<br />12 2020 238,851 80,305
<br />13 2021 238,851 74,185
<br />14 2022 238.851 68,531
<br />IS 2023 238.851 63.308
<br />16 2024 238.851 58.483
<br />17 2025 238,851 54.026
<br />18 2026 238,851 49,909
<br />19 2021 238,851 46,105
<br />20 2028 238,851 42,591
<br />21 2029 238,851 39,345
<br />22 2030 238,851 '6,347
<br />23 2031 238,851 33,577
<br />24 2032 238,851 31.018
<br />25 2033 238.851 28,654
<br />U; 2034 238.85J 26,410
<br />27 2035 0 0
<br />28 2036 0 0
<br /> 6,210,126 2,199.290
<br />Prepared by: Northland Securities, Inc. ~ '1122/2006 11:34 fJN.
<br />
<br />,
<br />Market Value AnalysJs
<br />
<br />Present Value Dale
<br />Pres=n: Value Rate (Gross TIF)
<br />
<br />OllOIf01
<br />
<br />8.25%
<br />
<br />]nc~ in EMV With TIF District
<br />las: P.V of Gross Tax Increment
<br />
<br />$20.3(10,000
<br />2,199,290
<br />
<br />Subtotal
<br />Less; Increase in EMV Without TIF
<br />
<br />518,100,710
<br />o
<br />
<br />Diffcrcncc
<br />
<br />518,100,710
<br />
<br />T1F "1706 for Prinl. MVA-.lmpad
<br />
<br />D-l
<br />
<br />-181-
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