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Blaine/Mounds View/Spring Lake Park, MN Prepared August 29, 1990 <br /> 4111$4,450,000 G.O. Fire Improvement Bonds By SPRINGSTED Incorporated <br /> Impact of Pro-Rata Share of Debt Service <br /> TAX BILL IMPACT* <br /> City of Mounds View (21 .15%) <br /> Residential Homestead Property Net Tax Capacity Rate: 104.693% <br /> Minnesota Property Class: 1A Estimated Increase: 1 .388% <br /> Est'. Net Tax Capacity Rate with Project: 106.081% <br /> SECTION A - 1990 PROJECTED TAX PAYMENT WITHOUT PROJECT <br /> Al Estimated Market Value**: $75,000 $100,000 $125,000 <br /> A2 Net Tax Capacity: 820 1 ,320 2,070 <br /> A3 Net Tax: 858 1 ,382 2,167 <br /> A4 Property Tax Bill: 858 1 ,382 2,167 <br /> SECTION B - 1990 PROJECTED TAX PAYMENT WITH PROJECT <br /> 81 Estimated Market Value**: $75,000 $100,000 $125,000 <br /> 82 Net Tax Capacity: 820 1 ,320 2,070 <br /> B3 Net Tax: 870 1 ,400 ' 2,196 <br /> 84 Property Tax Bill: 870 1 ,400 2,196 <br /> Estimated 1990 Tax Increase <br /> Due to Project: $12 $18 $29 <br /> • <br /> * The above schedule shows the estimated increase in taxes payable at various <br /> market values if the estimated tax capacity rate increase due to the above <br /> project were added to the current tax capacity rate for taxes payable in 1990. <br /> ** Estimated market value is the basis from which net tax capacity is calculated. <br /> This value is not necessarily the price the property would bring if sold. <br /> • <br /> • <br />