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Debt Ratios G.O. G.O. Indirect & Direct Debt* Direct Debt To 1991 Indicated Market Value 0.72% 1.17% Per Capita (7,802 - 1991 Metropolitan Council Estimate) $299 $487 Excludes general obligation debt supported by revenues and this Issue, which is supported solely by revenues. I CITY TAX RATES, LEVIES AND COLLECTIONS Tax Capacity Rates for a City Resident in Hennepin County 1991/92 198818 1989190 1990/91 Total For Debt Only Hennepin County 27.101% 27.916% 30.114% 34.327% 2.025% City of St. Anthony 15.218 16.852 21.296 19.972 0.941 ISD 282 (St. Anthony) 59.728 33.188 58.686 53.664 -0- Special Districts* 5.797 5.631 7.365 5.996 0.829 Total 107.844% 83.587% 117.461% 113.959% 3.795% * Includes Metropolitan Council, Regional Transit District, Mosquito Control District, Hennepin Parks, Park Museum and County Regional Railroad Authority. NOTE: For property taxes payable in 1989, taxes were determined by multiplying the gross tax capacity by the tax capacity-rate, expressed as a percentage. This replaced the use of assessed value multiplied by mill rates. Beginning with taxes payable in 1990, net tax capacity has replaced gross tax capacity as the basis on which taxes are levied(see Appendix 11). Historic Trend of Mill Rates per $1,000 of Assessed Value for a City Resident in Hennepin County 1983184 1984/85 1985/86 1986187 1987188 Hennepin County 29.689 29.262 29.688 29.356 31.667 City of St. Anthony 11.359 12.906 14.727 15.543 19.987 ISD 282 53.748 51.423 60.818 63.304 62.310 Special Districts* 5.318 5.181 5.878 5.959 6.738 Total 100.114 98.772 111.111 114.162 120.702 * Includes Metropolitan Council, Regional Transit District, Mosquito Control District, Hennepin Parks, Park Museum and County Regional Railroad Authority. NOTE: The foregoing mill rates are computed on the basis of total levies and do not reflect reductions for State-paid property tax credits. - 10 -