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CITY OF RAMSEY <br />Tax Capacities and Estimated Actual Value of Property <br />Last Ten Fiscal Years <br />Year <br />Taxes <br />Payable <br />1990 <br />1991 <br />1992 <br />1993 <br />1994 <br />1995 <br />1996 <br />1997 <br />1998 <br />1999 <br /> Tax Capacities <br />Real Personal <br />Property Property Total <br /> <br />(1) $ 4,917,274 $ 321,440 $ 5,238,714 <br />5,515,951 326,960 5,842,911 <br />5,944,724 355,546 6,300,270 <br />6,022,813 379,313 6,402,126 <br />6,475,216 400,216 6,875,432 <br />7,457,659 418,100 7,875,759 <br />8,621,356 432,856 9,054,212 <br />9,640,047 453,115 10,093,162 <br />10,365,679 435,004 10,800,683 <br />11,383,205 411,465 11,794,670 <br /> Ratio <br /> of Total Tax <br />Estimated Capacity to <br />Actual Value Actual Value <br />$ 310,995,600 1.7 <br />343,669,500 l .7 <br />374,85 I ,400 1.7 <br />396, 107,700 1.6 <br />435,480,250 1.6 <br />499,131,000 1.6 <br />564,733,300 1.6 <br />618,386,300 1.6 <br />712,463,000 l .5 <br />797,271,000 1.5 <br />Note <br />(1) <br />Anoka County records were the source of assessed and actual values. <br />In 1990, the State of Minnesota redefined the tax base from "gross" tax capacity to "net" tax capacity. <br />-97- <br />