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ISD 282 -St. Anthony-New Brighton, Minnesota
<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= 0.00745223 0.00566760 0.01065136 0.00812247
<br /> Value(a) Value Capacity(b) RMV= 0.00000000 0.00000000 0.00000000 0.00000000
<br /> Homestead Residential
<br /> $75,000 $75,000 $750 $5.59 $4.27 $7.99 $6.09
<br /> 100,000 100,000 . 1,156 8.61 6.57 12.31 9.39
<br /> 125,000 125,000 1,569 11.69 8.92 16.71 12.74
<br /> 150,000 150,000 1,981 14.76 11.27 21.10 16.09
<br /> 175,000 175,000 2,394 17.84 13.61 25.49 19.44
<br /> 200,000 200,000 2,806 20.91 15.96 29.89 22.79
<br /> 225,000 225,000 3,219 23.98 18.31 34.28 26.14
<br /> 250,000 250,000 3,631 27.06 20.65 38.68 29.49
<br /> 300,000 300,000 4,456 33.21 25.34 47.46 36.19
<br /> 500,000 500,000 7,756 57.80 44.11 82.61 63.00
<br /> Commercial/Industrial
<br /> $100,000 $100,000 $2,400 $17.89 $13.65 $25.56 $19.49
<br /> 250,000 250,000' 7,000 52.17 39.81 74.56 56.86
<br /> 500,000 500,000 15,500 115.51 88.16 165.10 125.90
<br /> 1,000,000 1,000,000 32,500 242.20 184.85 346.17 263.98
<br /> 2,500,000 2,500,000 83,500 622.26 474.91 889.39 678.23
<br /> 5,000,000 5,000,000 168,500 1,255.70 958.36 1,794.75 1,368.64
<br /> Apartments(4 or More Units)
<br /> $100,000 $100,000 $2,400 $17.89 $13.65 $25.56 $19.49
<br /> 175,000 175,000 4,200 31.30 23.89 44.74 34.11
<br /> 250,000• 250,000 6,000 44.71 34.13 63.91 48.73
<br /> 500,000 500,000 12,000 89.43 68.251 97.47
<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.)ds-Tlmp-DT3 P19�
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