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TEE District No. 3 -2 <br />Unit of Government <br />City of Little Canada <br />Ramsey County <br />1.5.D. No. 623 <br />Other <br />Unit of Government <br />City of Little Canada <br />Ramsey County <br />I.S.D. No. 623 <br />Other <br />Total <br />1994/95 Tax <br />Capacity <br />$7,324,643 <br />331,881,978 <br />48,404,361 <br />NA <br />1994/95 Tax <br />Rate <br />20.3480% <br />45.3710% <br />74.1700% <br />6.8280% <br />146.7170% <br />Estimated <br />Captured <br />Tax Capacity <br />$41,400 <br />41,400 <br />41,400 <br />41,400 <br />Percent <br />of Total <br />13.8689% <br />30.9242% <br />50.5531% <br />4.6539% <br />% Captured to <br />Jurisdiction <br />Total <br />0.5652% <br />0.0125% <br />0.0855% <br />NA <br />Estimated <br />Captured <br />Tax Capacity <br />41,400 <br />41,400 <br />41,400 <br />41,400 <br />Estimated <br />Taxes <br />8,424 <br />1 8,784 <br />30,706 <br />2,827 <br />60,741 <br />Table 2 -5 <br />Estimated Impact on Taxing Jurisdictions <br />IMPACT ON TAX BASE <br />Ramsey County <br />I.S.D. No. 623 <br />City of Little Canada <br />IMPACT ON TAX RATES <br />Ramsey County <br />I.S.D. No. 623 <br />City of Little Canada <br />Other <br />Total <br />1998/1999 <br />Total Net <br />Tax Capacity <br />283,315,293 <br />37,831,819 <br />5,793,530 <br />Estimated Captured <br />Tax Capacity (CTC) <br />Upon Project Completion <br />25,806 <br />25,806 <br />25,806 <br />Original Tax <br />Capacity Rate <br />0.453710 <br />0.741700 <br />0.203480 <br />0.068280 <br />1.467170 <br />Percent <br />of Total <br />30.92% <br />50.55% <br />13.87% <br />4.65% <br />100.00% <br />Percent of CTC <br />to Entity Total <br />0.0091 % <br />0.0682% <br />0.4454% <br />Potential <br />CTC Taxes <br />25,806 11,708 <br />25,806 <br />25,806 <br />25.806 <br />19,140 <br />5,251 <br />1,762 <br />37,862 <br />Table 2 -4 <br />Economic and Fiscal Implications <br />1999 Modifications <br />aacd un 1 "ay 1TlJ ltgntca. <br />yu avauautc. <br />Page 153 <br />c tun taw <br />1ct t.alrakstty to tl,c CttftYws 1t3A,d aL,uvt, at <br />2 -11 <br />