My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
04-10-2013 Council Agenda
>
City Council Packets
>
2010-2019
>
2013
>
04-10-2013 Council Agenda
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/9/2014 2:12:25 PM
Creation date
4/8/2013 8:52:35 AM
Metadata
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
140
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
(AS MODIFIED APRIL 10, 2013) <br />The charts below include the captured tax capacity for the original and modified area of the District. <br />IMPACT ON TAX BASE <br />Ramsey County <br />City of Little Canada <br />Roseville Area ISD No. 623 <br />Est. 2012/Pay 2013 <br />Total Net <br />Tax Capacity <br />368,309,196 <br />7,641,319 <br />49,885,685 <br />Estimated Captured <br />Tax Capacity (CTC) <br />Upon Completion <br />100,524 <br />100,524 <br />100,524 <br />Percent of CTC <br />to Entity Total <br />0.0273% <br />1.3155% <br />0.Z015% <br />IMPACT ON TAX RATES - ORIGINAL PARCELS <br />Ramsey County <br />City of Little Canada <br />Roseville Area ISD No. 623 <br />Other <br />Total <br />Pay 2010 <br />Extension Rates <br />0.502480 <br />0.233887 <br />0.130653 <br />0 088170 <br />0.955190 <br />Percent Potential <br />of Total CTC Taxes <br />52.61% 68,000 34,169 <br />24.49% 68,000 15,904 <br />13.68% 68,000 8,884 <br />9.23% 68.000 5.996 <br />100.00% 64,953 <br />IMPACT ON TAX RATES - DISTRICT EXPANSION <br />Ramsey County <br />City of Little Canada <br />Roseville Area ISO No. 623 <br />Other <br />Total <br />Est. Pay 2013 Percent Potential <br />Extension Rates of Total CTC Tana <br />0.651440 53.08% 32,524 21,187 <br />0.308550 25.14% 32,524 10,035 <br />0.153930 12.54% 32,524 5,006 <br />0.113400 9,24% 32.524 3.688 <br />1.227320 100.00% 39,917 <br />The estimates listed above display the captured tax capacity when all construction is completed. The <br />tax rate used for calculations of the original parcels in the District is the actual Pay 2010 rate. The tax <br />rate used for calculations of the expanded portion of the District is the estimated Pay 2013 rate, since <br />Final Pay 2013 rates are not yet available. The total net capacity for the entities listed above are based <br />on estimated Pay 2013 figures. <br />(1) It is estimated that the total amount of tax increment that will be generated over the life of the <br />District is $2,080,000; <br />City of Little Canada Tax Increment Financing Plan for Tax Increment Financing District No. 6-1 2.15 <br />
The URL can be used to link to this page
Your browser does not support the video tag.