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MINNESOTA Department of Revenue <br /> Property Tax Division Mail Station 3340 St. Paul, MN 55146-3340 <br /> Phone (612) 296-3155 Fax(612)297-2166 <br /> • <br /> Payable 2002 Overall Levy Limitation Notice August 22, 2001 <br /> ST ANTHONY CITY OF <br /> CLERK-FINANCE DIRECTOR <br /> CITY HALL 3301 SILVER LAKE ROAD <br /> ST ANTHONY MN 55418 <br /> The payable 2002 overall levy limitation for your city is: $ 2,199,967 <br /> The following is a listing of the factors used in determining your city's payable 2002 <br /> overall levy limitation. See the enclosed letter for an explanation of these factors and for <br /> additional information concerning your city's overall levy limitation. <br /> 1. Adjusted Levy Limit Base for Payable 2000: $ 2,168,857 <br /> 2. Payable 2000 Matching Funds Special Levy: $ <br /> 3. Beginning Levy Limit Base for Payable 2002 (1 + 2): $ 2,168,857 <br /> 4. Implicit Price Deflator Adjustment (March 2000/March 1999): 1.043041 <br /> 5. Household Growth Adjustment <br /> a. 1998 Households: 3,896 <br /> b. 1999 Households: 3,901 <br /> • c. Ratio of 1999 to 1998 Households (b/a, but not less than 1.000): 1.001283 <br /> 6. Adjustment for Pay' 2000 Market Value of New C/I Construction <br /> a. Payable 1999 Total Taxable Market Value: $ 353,614,300 <br /> b. Payable 2000 Market Value of New C/I Construction: $ 181,400 <br /> c. 50%of Line b (6b x 0.5): $ 90,700 <br /> d. Adjustment (1 +Ratio of 6c to 6a): 1.000256 <br /> 7. Levy Limit Base Adjusted for Pay' 2001 Factors ( 3 x 4 x 5c x 6d): $ 2,265,689 <br /> 8. Alternative Levy Limit Base for Payable 2001 (Detail on Page 2): $ 2,259,847 <br /> 9. Effective Levy Limit Base for Payable 2001 (Greater of 7 or 8): $ 2,265,689 <br /> 10. Payable 2001 Opt-Out City Transit Services Levy: $ <br /> 11. Levy Limit Base after Transit Services Levy Adj. (9— 10): $ 2,265,689 <br /> 12. Implicit Price Deflator Adjustment (March 2001/March 2000): 1.033630 <br /> 13. Household Growth Adjustment <br /> a. 1999 Households: 3,901 <br /> b. 2000 Households: 3,697 <br /> c. Ratio of 2000 to 1999 Households (b/a, but not less than 1.000): 1.000000 <br /> 14. Adjustment for Pay' 2001 Market Value of New C/I Construction <br /> a. Payable 2000 Total Taxable Market Value: $ 383,067,100 <br /> b. Payable 2001 Market Value of New C/I Construction: $ 615,000 <br /> c. 50% of Line b (14b x 0.5): $ 307,500 <br /> d. Adjustment (1 +Ratio of 14c to 14a): 1.000803 <br /> • Cont... <br /> An equal opportunity employer TTY/TDD: (6/2)215-0069 <br />