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CITY TAX RATES, LEVIES AND COLLECTIONS
<br /> 40 Tax Capacity Rates for a City Resident in Hennepin County
<br /> 1997/98
<br /> For
<br /> 1993/94 1994/95 1995/96 1996/97 Total Debt Only
<br /> Hennepin County 37.441% 37.454% 37.270% 35.515% 38.386% 2.515%
<br /> City of St. Anthony 26.160 26.031 28.507 26.653 29.372 2.938
<br /> ISD 282 (St. Anthony) 66.481 65.790 76.430 72.105 58.269 7.923
<br /> Special Districts' 6.200 6.357 6.900 6.659 7.743 1.472
<br /> Total 136.282% 135.632% 149.107% 140.932% 133.770% 14.848%
<br /> Includes Metropolitan Council, Regional Transit District, Mosquito Control District, Hennepin Parks,
<br /> Park Museum and County Regional Railroad Authority.
<br /> NOTE: Taxes are determined by multiplying the net tax capacity by the tax capacity rate, expressed as a
<br /> percentage. (See Appendix ll.)
<br /> City Tax Levies and Collections
<br /> Collected During Collected
<br /> Gross Net Collection Year As of 11-31-98
<br /> Levy/Collect Levy` Levy Amount Percent Amount Percent
<br /> 1998/99 $2,187,561 $1,853,353 (In Process of Collection)
<br /> 1997/98 2,085,857 1,751,479 (Currently Unavailable)
<br /> 1996/97 1,998,389 1,664,011 $1,659,139 99.7% $1,662,040 99.9%
<br /> 1995/96 1,993,156 1,679,803 1,674,382 99.8 1,677,585 99.9
<br /> 1994/95 1,860,075 1,532,942 1,499,816 97.8 1,532,276 99.9
<br /> 1993/94 1,796,608 1,436,657 1,412,929 98.3 N/A N/A
<br /> The net levy excludes Homestead and Agricultural Credit Aid ("HACA'). The net levy is the basis for
<br /> computing the tax capacity rates.
<br /> FUNDS ON HAND
<br /> As of 12/31198
<br /> Fund Cash and Investments
<br /> General $ 998,355
<br /> Special Revenue 383,318
<br /> HRA Fund 485,335
<br /> Capital Equipment 78,957
<br /> Debt Service:
<br /> Taxes and Special Assessments 713,042
<br /> Tax Increment 1,478,952
<br /> Capital Projects 883,405
<br /> Community Center 52,104
<br /> Enterprise 6,505,020
<br /> Miscellaneous 159,591
<br /> Total $11,738,079
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