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CITY PROPERTY VALUES <br /> 1999 Indicated Market Value of Taxable rtY <br /> Pro P a $442,650,440` <br /> ' Calculated by dividing the Hennepin and Ramsey county 1999 estimated market values of <br /> $281,631,300 and $101,435,800, respectively by the 1999 sales ratios of 88.3% and 82.0%, <br /> respectively for the City as determined by the State Department of Revenue. <br /> 1999 Net Tax Capacity: $6,300,727 <br /> Hennepin Ramsey <br /> County County Total <br /> Real Estate $4,098,656 $2,091,974 $6,190,630 <br /> Personal Property 74,475 35,622 110,097 <br /> Total $4,173,131 $2,127,596 $6,300,727 <br /> 1999 Taxable Net Tax Capacity: $6,116,003 <br /> 1999 Net Tax Capacity $6,300;727 <br /> Less: Captured Tax Increment Tax Capacity (790,953) <br /> Contribution to Fiscal Disparities (368,413) <br /> Plus: Distribution from Fiscal Disparities 974,642 <br /> 1999 Taxable Net Tax Capacity $6,116,003 <br /> 1999 Taxable Net Tax Capacity by Property Class <br /> Real Estate: <br /> Residential Homestead $3,574,834 58.4% <br /> Non-Homestead Residential 957,429 15.7 <br /> Commercial/Industrial, Railroad and <br /> Public Utility' 1,473,643 24.1 <br /> Personal Property 110,097 1.8 <br /> Total $6,116,003 100.0% <br /> Reflects adjustments for fiscal disparities and captured tax increment tax capacity. <br /> - 8 - <br />