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City of St. Anthony, Minnesota Tax Increment Financing District No. 4-Ramsey County Estimated Impact an Other Taxing Jurisdictions cn Without TIF District With TIF District > ------- -------- Projected Potential Tax Retained Generated 0 1992/93 1992/93 1992/93 Captured New Adjusted Decrease In by Retained Taxing Net Tax Local Net Tax Net Tax Net Tax Local Local Captured Jurisdiction Capacity (1) Tax Rate Capacity Capacity Capacity Tax Rate Tax Rate N.T.C. ----- - --------------------- -------------------- --------------------- -- ------------------- -------------------- ----------------- > r) i City of St. Anthony 5,088,851 23.479% 5,088,851 20,345 5,109,196 23.386% 0.093% 4,758 0 '71 Ramsey County 282,966,817 42.380% 282,966,817 20,345 282,987,162 42.377% 0.003% 8,622 En ISD#282 5,952,975 61.122% 5,952,975 20,345 5,973,320 60.914% 0.208% 12,393 n Other (2) --- 5.471% --- 20,345 --- 5.471% --- 1,113 0 lid Totals 132.452% 132.147% 0.305% 26,885 0 P0 Statement 1: If the projected Retained Captured Net Tax Capacity of the TIF District was hypothetically available to each of the taxing jurisdictions above,the result would be a lower local tax rate (see Adjusted Tax Rate above) which 0 would produce the same amount of taxes for each taxing jurisdiction. In such a case, the total local tax rate would decrease by 0.305%(see Decrease in Local Tax Rate above). The potential tax that the Retained Captured Net Tax,Capacity of the TIF District would generate is also shown above. d Statement 2: If no projected Retained Captured Net Tax Capacity'r-.available to the taxing jurisdictions,then there is no impact on taxes levied or local tax rates. 0 z (1) Equals total net tax capacity - captured tax increment NTC - contribution to fiscal disparities. (2) The impact on these taxing jurisdictions is negligible since they represents only 4.13%of the total tax rate.