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IMPACT ON TAX BASE <br /> <br />2004/2005 Estimated Captured <br />Total Net Tax Capacity (CTC) Percent of CTC <br />Tax Capacity Uyon Com~etion to Entity Total <br />Ramsey County 372,289,367 1,490,140 0.4003% <br />City of Mounds View 6,679,189 1,490,140 22.3102% <br />Mounds View ISD No. 621 70,841,477 1,490,140 2.1035% <br />IlViPACT ON TAX RATES <br />2004!2005 Percent Potential <br />Extension Rates of Total CTC Taxes <br />Ramsey County 49.210% 39.13% 1,490,140 733,298 <br />City of Mounds View ~ 46.966% 37.34% 1,490,140 699,859 <br />Mounds View ISD No. 621 22.112% 17.58% 1,490,140 329,500 <br />Other 7.480% 5.95% 1,490,140 111,462 <br />Total 125.768% 100.00% 1,874,119 <br />The estimates listed above display the captured tax capacity when all construction is completed. The tax rate <br />used for calculations is the actua12004/Pay 2005 rate. The total net capacity for the entities listed above are <br />based on actual Pay 2005 figures. The District will be certified under the actua12005/Pay 2006 rates, which <br />were unavailable at the time this TIF Plan was prepared. <br />(As Modified February 13, 2006) <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 fmancing 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 />• Mounds View Economic Developmatt Authority Tax Increment Financing Plan for Tax Increment Financing District No. 5 2-12 <br />