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• 10/01/98 <br /> PROPOSED <br /> CITY TAX RATE <br /> Actual Pr Increase <br /> 1998 1999 (Decrease) <br /> Total Levy $ 1,740,856 $ 1,85 ,357 $112,501 <br /> Fiscal Disparities Distn ution ( 87,043) 93,295) $ 6,252 <br /> from Ramsey County. <br /> Fiscal Disparities Distributio (192,657) (206,491) $ 13,834 <br /> from Hennepin County. <br /> Local Levy $ 1,461 56 $ 1,553,567 $ 92,411 <br /> Divided by Total of Hennepin and $4, 4,964 $4,821,673 * ($ 153,291) <br /> Ramsey County Total Local Tax Capac <br /> • Proposed Rate 29.372% 32.221% 2.849% <br /> * There have been Class Rat h es for Commer ' , Apartments and Residential <br /> Properties for collectible 99 taxes which decrease the City's Total Tax Capacity <br /> by $153,291. <br /> "The estimated tax r e is based on current valuation ates from Hennepin and <br /> Ramsey Counties. Any reduction in Valuations, Fiscal ' parities, or Class Rates, <br /> could change th ity's total local levy or tax capacity wlu increases the total tax rate. <br />