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CITY OF ST. ANTHONY, MINNESOTA <br />TAX CAPACITY VALUE AND ESTIMATED MARKET VALUE OF TAXABLE PROPERTY Table 5 <br />Last Ten Fiscal Years <br />132 <br />Commercial/ <br />Total <br />Fiscal <br />Adjusted <br />Total <br />Estimated <br />Tax Capacity <br />Payable Residential <br />Industrial All <br />Tax <br />Disparity <br />Tax Capacity <br />Direct Tax <br />Market <br />as a Percent <br />Year Property <br />Property Other <br />Capacity <br />Contribution <br />Value <br />Rate <br />Value <br />ofEMV <br />1999 $4,141,434 * <br />$1,611,956 * $122,978 * <br />$5,876,368 <br />($162,799) <br />$5,713,569 <br />32.50% <br />$353,614,300 <br />1.62% ** <br />2000 4,532,263 <br />1,658,367 110,097 <br />6,300,727 <br />(184,724) <br />6,116,003 <br />30.63% <br />383,067,100 <br />1.60% ** <br />2001 4,970,738 <br />1,833,267 108,643 <br />6,912,648 <br />(201,588) <br />6,711,060 <br />30.55% <br />417,647,700 <br />1.61% <br />2002 3,979,387 * <br />1,467,645 * 86,976 * <br />5,534,008 <br />(319,514) <br />5,214,494 <br />50.33% <br />460,129,700 <br />1.13% ** <br />2003 4,703,934 <br />1,307,337 66,005 <br />6,077,276 <br />(318,956) <br />5,758,320 <br />47.05% <br />520,877,700 <br />1.11% <br />2004 5,061,743 <br />1,387,360 67,875 <br />6,516,978 <br />220,246 <br />6,737,224 <br />52.01% <br />576,666,300 <br />1.17% <br />2005 5,758,863 <br />1,509,783 70,799 <br />7,339,445 <br />(30,542) <br />7,308,903 <br />50.31% <br />636,972,900 <br />1.15% <br />2006 6,449,616 <br />2,001,921 65,285 <br />8,516,822 <br />(391,888) <br />8,124,934 <br />46.58% <br />730,541,000 <br />1.11% <br />2007 7,894,132 <br />2,575,759 * 64,903 <br />10,534,794 <br />(1,374,734) <br />9,160,060 <br />45.62% <br />893,542,800 <br />1.03% <br />2008 7,537,190 <br />2,684,972 67,599 <br />10,289,761 <br />(1,260,607) <br />9,029,154 <br />51.61% <br />869,823,300 <br />1.04% <br />Source: Official Statements for the <br />City of St. Anthony. <br />* A complete breakdown of tax <br />capacity was not available, these numbers have been estimated by <br />considering total <br />tax capacity and <br />the related percentage breakdown from the previous year <br />** The Minnesota Legislature reduced <br />some of the "class rates" used to calculate tax capacity values in levy years 1998,1999 and 2001. <br />The lower rates reduce the amount of Taxable Market Value that converts to value <br />for the calculation of property taxes and tax rates. <br />132 <br />