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City of St. Anthony <br /> January 12, 2001 <br /> Page 2 <br /> v <br /> 1999 Payable 2000 Date <br /> 2000 <br /> No Abatement 2000 <br /> Configuration Abatement Configuration <br /> 2000 With Decertified TIF' With Decertified TIF <br /> Configuration Districts Districts <br /> Net Tax Capacity 6,300,727 6,300,727 6,300,727 <br /> Less Captured TIF (790,953) (701,953) (701,953) <br /> Less Cont.to F/D (368,413) (368,413) (368,413) <br /> Plus Dist.from F/D 974,642 974,642 974,642 <br /> Taxable NTC 6,116,003 6,205,003 6,205,003 <br /> Net General Taxes Levied 1,871,925 1,871,925 1,871,925 <br /> Abatement Taxes Levied 0 0 27,240 <br /> Tax Capacity Rate 30.607% 30.168% 30.607% <br /> City Tax Increment Rec'd 242,086 211,765 214,846 <br /> Total Tax Revenues 2,114,011 2,083,690 2,114,011 <br /> Txs Pd for Abatement 0 26,547 27,240 <br /> Other Required Cont. 0 693 0 <br /> Total Abatement 0 27,240 27,240 <br /> You will note from above that if a tax levy adjustment for abatement is not made, then the taxes <br /> required by the abatement district will be insufficient to meet the required amount. Further, that <br /> in addition to the shortfall of taxes paid by the abatement parcels, the municipality would be <br /> required to contribute additional funds from other sources. <br /> • <br />