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CITY OF RAMSEY, MINNESOTA <br />PROPERTY VALUE, CONSTRUCTION AND BANK DEPOSITS <br />Last Ten Fiscal Years <br />Commercial <br />Property Value (1) Construction <br />Fiscal Number of <br />Year ~mmercial Residential ~~1 ni <br />Value Units Value <br />1987 (2) (2) $ 59,306,145 19 $ 1,854,800 195 $ 16,887,000 <br />1988 (2) (2) 62,238,704 30 3,625,500 184 15,066,000 <br />1989 (2) (2) 8,292,924 11 884,000 121 12,196,000 <br />1990 (2) (2) 6,222,143 13 3,041,600 119 10,799,300 <br />1991 (2) (2) 6,886,878 6 596,000 152 13,349,300 <br />1992 (2) (2) 6,919,514 5 638,000 281. 25,718,000 <br />1993 $ 2,387,511 $ 4,313,699 6,701,210 2 67,000 377 38,240,000 <br />1994 2,457,589 4,591,665 7,049,254 4 1,170,000 238 23,776,000 <br />1995 2,873,223 4,697,763 7,570,986 9 3,309,000 207 19,557,000 <br />1996 2,959,793 5,770,427 8,730,220 18 13,738,000 276 26,878,000 <br />(1) Total propety values for 1987 - 1988 is the assessed value and for 1989 - 1996 is the tax capacity value. <br />(2) Property values, broken down by class for 1987 - 1992, was not available and will be updated for years after 1993. <br />New -Residential <br />Construction <br />Table 13 <br />-112- <br />