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CITY OF RAMSEY
<br />Tax Capacities and Estimated Actual Value of Property
<br />Last Ten Fiscal Years
<br /> Ratio
<br />Year Tax Capacities of Total Tax
<br />Taxes Real Personal Estimated Capacity to
<br />Payable Property Property Total Actual Value Actual Value
<br />1989 $ 6,395,986 $ 281,042 $ 6,677,028 $ 287,874,500 2.3
<br />1990 (1) 4,917,274 321,440 5,238,714 310,995,600 1.7
<br />1991 5,515,951 326,960 5,842,911 343,669,500 1.7
<br />1992 5,944,724 355,546 6,300,270 374,851,400 1.7
<br />1993 6,022,813 379,313 6,402,126 396,107,700 1.6
<br />1994 6,475,216 400,216 6,875,432 435,480,250 1.6
<br />1995 7,457,659 418,100 7,875,759 499,131,000 1.6
<br />1996 8,621,356 432,856 9,054,212 564,733,300 1.6
<br />1997 9,640,047 453,115 10,093,162 618,386,300 1.6
<br />1998 10,365,679 435,004 10,800,683 712,463,000 1.5
<br />Note: Anoka County records were the source of assessed and actual values.
<br />(1) In 1990, the State of Minnesota redefined the tax base from "gross" tax capacity to "net" tax
<br />capacity.
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