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Subsection 3 -15. Estimated Impact on Other Taxing Jurisdictions <br />The estimated impact on other taxing jurisdictions assumes that the redevelopment contemplated by the TIF <br />Plan would occur without the creation of the District. However, the EDA or City has determined that such <br />development or redevelopment would not occur "but for" tax increment financing and that, therefore, the <br />fiscal impact on other taxing jurisdictions is $0. The estimated fiscal impact of the District would be as <br />follows if the "but for" test was not met: <br />IMPACT ON TAX BASE <br />Ramsey County <br />City of Little Canada <br />Roseville ISD No. 623 <br />2001/2002 <br />Total Net <br />Tax Capacity <br />266,595,503 <br />5,662,648 <br />36,450,230 <br />Estimated Captured <br />Tax Capacity (CTC) <br />Upon Completion <br />110,333 <br />110,333 <br />110,333 <br />Percent of CTC <br />to Entity Total <br />0.0414% <br />1.9484% <br />0.3027% <br />IMPACT ON TAX RATES <br />Ramsey County <br />City of Little Canada <br />Roseville ISD No. 623 <br />Other <br />Total <br />2001/2002 Percent <br />Extension Rates of Total CTC <br />0.553660 54.74% 110,333 <br />0.296940 29.36% 110,333 <br />0.100190 9.91% 110,333 <br />0.060630 5.99% 110,333 <br />1.011420 100.00% <br />Potential <br />Taxes <br />61,087 <br />32,762 <br />11,054 <br />6,689 <br />111,593 <br />The estimates listed above display the captured tax capacity when all construction is completed. The tax rate <br />used for calculations is the actual 2001 /Pay 2002 rate. The total net capacity for the entities listed above are <br />based on actual Pay 2002 figures. The District will be certified under the actual 2002/Pay 2003 rates, which <br />were unavailable at the time this TIF Plan was prepared. <br />Subsection 3 -16. Supporting Documentation <br />Pursuant to M.S. Section 469.175 Subd la, clause 7 the TIF Plan must contain identification and description <br />of studies and analyses used to make the determination set forth in M.S. Section 469.175 Subd 3, clause <br />(2)and the findings are required in the resolution approving the TIF district.. Following is a list of reports <br />and studies on file at the City that support the Authority's findings: <br />Rice Street and Little Canada Road Redevelopment Plan <br />Developer Market Studies. <br />Economic Development Authority of the City of Little Canada <br />Tax increment Financing Plan for Tax Increment Financing District No. 3.3 3 -8 <br />