|
<br />1971165v3
<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. 13
<br />
<br />Total Tuable NTe 200612007
<br />Projected Retained NTC
<br />Hypothetical New me
<br />Existing Local Tax Rate 20(1612007
<br />Hypothetical A(lj. Loeal Tax Rate
<br />Difference
<br />Hypothetical Taxes on Retained NTe
<br />
<br />Cityo( Anoka 1.5.D.#1I
<br />Rumsey County Anok:!.Hennepin
<br />19.172,542 290.582,182 J50,03l,481
<br />593,586 593,586 593,586
<br />19,766,128 291,175,768 150,625.067
<br />39.928% 30.675% 19.337%
<br />38.n9D/a 30.612% 19.261%
<br />1.199% 0.063% 0.076%
<br />229,890 181,711 114,329
<br />
<br />Other Total
<br />
<br />459.786,205
<br />
<br />Statemcotl:
<br />If the projected Retained Captured Net Tax Capacity ofthe TIf District was hypothct:icaJ1y available 10 each of
<br />the taxing jurisdictions above. the result would be a lower local tax rate (see Hypothetical Adjusted Tax Rate abo"e)
<br />which would produce the same amount of taxes for eacb taxing jurisdiction. In such a case, tbe 1olal100al tax rate
<br />would decrease by 1.338% (see Hypolhelical DeCfC$SC in Local Tax Rate above). The hypothetical laX 1hat the
<br />Retained Captured Net Tax Capacity of the TIP District would generate is also shown above.
<br />
<br />Statement 1:
<br />Since the projected Retained Captured Net Tax Capacity of the TlF DIstrict is not available to the wcingjunsdictions.
<br />then there is no impact on taxes levied or tocal tax rateS.
<br />
<br />(1) Taxable net tax capacity:= total net tax capacity - captured TIP. Fiscal Disparities Contribution.
<br />(2) The impact on these talting jwisdicrions is neiligible since they represent only 6.000/0 of the total taX rate.
<br />
<br />NA
<br />o
<br />NA
<br />5.744%
<br />5.744%
<br />NA
<br />NA
<br />
<br />95.684%
<br />94.346%
<br />1.338%
<br />
<br /> AMual Present
<br /> Gross Tax Val.. @
<br /> Year Increment 7.00%
<br />I 2009 250,374 207,866
<br />2 2010 455.640 353,535
<br />3 2011 463.530 336,128
<br />4 2012 471,537 319,565
<br />5 2013 479,666 303,807
<br />6 2014 487,917 288,816
<br />7 2015 496,290 274,554
<br />8 2016 504.790 260,987
<br />9 2017 513,417 248,082
<br />10 2018 513,417 231,852
<br />11 2019 513,417 216,684
<br />12 2020 513,417 202,509
<br />13 2021 513,417 189,260
<br />14 2022 513,417 176,879
<br />15 2023 513,417 165,307
<br />16 2024 0 0
<br />17 2025 0 0
<br />18 2026 0 0
<br />19 2027 0 0
<br />20 2028 0 0
<br />21 2029 0 0
<br />22 2030 0 0
<br />23 2031 0 0
<br />24 2032 0 0
<br />25 2033 0 0
<br />26 2034 D 0
<br />27 2035 0 0
<br />28 2036 0 0
<br /> 7,203,663 3,775,831
<br />Prepared by: Northland SecurtUes,lnc. -1211912008 2:59 PM
<br />
<br />Market Value Analysts
<br />
<br />PreseDt Value Date
<br />Present Value Rate (Oross TlF)
<br />
<br />Increase in EMV With TIP District
<br />Less: P.V afOress Tax Increment
<br />
<br />Subtotal
<br />Less: Increase in EMV Without TIF
<br />
<br />Difference
<br />
<br />01101107
<br />7.00%
<br />
<br />564,429.553
<br />3,775,831
<br />
<br />$60,653,722
<br />o
<br />
<br />$60,653,722
<br />
<br />D-1
<br />
<br />TlF 120706.><1.. MVA-1mpact
<br />
<br />-241-
<br />
|