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<br /> City of St. Anthony, Minnesota I o '0 00
<br /> Estimated Tax Impact-Task 3 Scenario A B C D
<br /> EDA Lease Revenue Request $46,165 -$35,234 $65,983 $50,317
<br /> Levy Levy Levy Levy
<br /> Authority Authority Authority Authority
<br /> Pay 2001 Pay 2001 Pay 2001 Pay 2001
<br /> Estimated Referendum 1999/2000 Rate on(c) Estimated Estimated Estimated . Estimated
<br /> Market Market Net Tax NTC= 0.00897914 0.00685295 0.01283376 0.00978671
<br /> Value(a) Value Capacity(b) RMV= 0.00000000 0.00000000 0.00000000 0.00000000
<br /> Homestead Residential
<br /> $75,000 $75,000 $750 $6.73 $5.14 $9.63 $7.34
<br /> 100,000 100,000 . 1,156 10.38 7.92 14.84 11.31
<br /> 125,000 125,000 1,569 14.08 10.75 20.13 15.35
<br /> 150,000 150,000 1,981 17.79 13.58 25.42 19.39
<br /> 175,000 175,000 2,394 21.49 16.40 30.72 23.42
<br /> 200,000 200,000 2,806 25.20 19.23 36.01 27.46
<br /> 225,000 225,000 3,219 28.90 22.06 41.31 31.50
<br /> 250,000 250,000 3,631 32.60 24.88 46.60 35.54
<br /> 300,000 300,000 4,456 40.01 30.54 57.19 43.61
<br /> 500,000 500,000 7,756 69.64 53.15 99.54 75.91
<br /> Commercial/industrial
<br /> $100,000 $100,000 $2,400 $21.55 $16.45 $30.80 $23.49
<br /> 250,000 250,000 7,000 62.85 47.97 89.84 68.51
<br /> 500,000 500,000 15,500 139.18 106.22 198.92 151.69
<br /> 1,000,000 1,000,000 32,500 291.82 222.72 417.10 318.07
<br /> 2,500,000 2,500,000 83,500 749.76 572.22 1,071.62 817.19
<br /> 5,000,000 5,000,000 168,500 1,512.99 1,154.72 2,162.49 1,649.06
<br /> Apartments(4 or More Units)
<br /> $100,000 $100,000 $2,400 $21.55 $16.45 $30.80 $23.49
<br /> 175,000 175,000 4,200 37.71 28.78 53.90 41.10
<br /> 250,000 250,000 6,000 53.87 41.12 77.00 58.72
<br /> 500,000 500,000 12,000 1 107.751 1 82.24 1 154.01 117.44
<br /> (a) Estimated market value is the basis from which the net tax capacity is calculated.
<br /> This value is not necessarily the price the property would bring if sold.
<br /> (b) The 199912000 net tax capacity values reflect the change in class rates enacted by the 1999 legislature.
<br /> (c) Tax rate increase is derived by dividing the levy on net tax capacity by the taxable net tax
<br /> capacity and by dividing the levy on referendum market value by the total referendum market value.
<br /> The dollar increase in taxes payable is derived by multiplying the net tax capacity by the net
<br /> tax capacity rate increase and the referendum market value by the referendum market value rate.
<br /> Prepared by:Springsted Incorporated(7/10/00) 00isd282.xis-Tlmp-CT3
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