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IMPACT ON TAX RATES
<br />The estimates listed above display the captured tax capacity and tag rates based upon the estimates for
<br />the 2005/Pay 2006 rate. The total net capacity for the entities listed above are based on the highest
<br />estimated Captured Tax Capacity.
<br />(ASMODIFIED ONAUGUST22, 2006)
<br />Sources of Revenue/Bonded Indebtedness
<br />The HRA or City reserves the right to incur bonded indebtedness or other indebtedness as a result of the
<br />TIF Plan. As presently proposed, the project will be financed by a bond issue or an interfund loan.
<br />Additional indebtedness may be required to finance other authorized activities. The total principal
<br />amount of bonded indebtedness, including a general obligation: (GO) TIF bond, or other indebtedness
<br />related to the use of tax increment financing will not.exceed $12,200,000 without a modification to the TIEF
<br />Plan pursuant to applicable statutory requirements.
<br />Tax Increment
<br />Interest
<br />Developer Fee
<br />Other
<br />Interfund Loans
<br />Transfers.
<br />Bond Principal
<br />TIF Note Principal
<br />$12,200,000
<br />$4,000,000
<br />$100,000
<br />$1,200,000
<br />$12,200,000
<br />$12,200,000
<br />$12,200,000
<br />$12,200,000
<br />The other financing sources list above is included for purposes of OSA reporting for the TIF District. It
<br />is not intended to be cumulative. Transfers are included in case money is moved from. one fund to
<br />another before an expenditure.
<br />Housing and Redevelopment Authority of St. Anthony Modification to the TIE Plan for TIF District No. 3 2
<br />22
<br />2005/2006
<br />Percent
<br />Potential
<br />Extension
<br />of Total
<br />CTC
<br />Taxes
<br />Rates
<br />Ramsey County
<br />0:46686
<br />38.08%
<br />883140
<br />412,303
<br />City of St. Anthony
<br />0.45868
<br />37.41%
<br />883140
<br />405,079
<br />ISD No. 282
<br />0.21764
<br />17.75%
<br />883,140
<br />1929207
<br />Other
<br />0.08284
<br />6.76%
<br />883140
<br />73,159
<br />Total
<br />1.22602 .
<br />100.00%
<br />1,0823747
<br />The estimates listed above display the captured tax capacity and tag rates based upon the estimates for
<br />the 2005/Pay 2006 rate. The total net capacity for the entities listed above are based on the highest
<br />estimated Captured Tax Capacity.
<br />(ASMODIFIED ONAUGUST22, 2006)
<br />Sources of Revenue/Bonded Indebtedness
<br />The HRA or City reserves the right to incur bonded indebtedness or other indebtedness as a result of the
<br />TIF Plan. As presently proposed, the project will be financed by a bond issue or an interfund loan.
<br />Additional indebtedness may be required to finance other authorized activities. The total principal
<br />amount of bonded indebtedness, including a general obligation: (GO) TIF bond, or other indebtedness
<br />related to the use of tax increment financing will not.exceed $12,200,000 without a modification to the TIEF
<br />Plan pursuant to applicable statutory requirements.
<br />Tax Increment
<br />Interest
<br />Developer Fee
<br />Other
<br />Interfund Loans
<br />Transfers.
<br />Bond Principal
<br />TIF Note Principal
<br />$12,200,000
<br />$4,000,000
<br />$100,000
<br />$1,200,000
<br />$12,200,000
<br />$12,200,000
<br />$12,200,000
<br />$12,200,000
<br />The other financing sources list above is included for purposes of OSA reporting for the TIF District. It
<br />is not intended to be cumulative. Transfers are included in case money is moved from. one fund to
<br />another before an expenditure.
<br />Housing and Redevelopment Authority of St. Anthony Modification to the TIE Plan for TIF District No. 3 2
<br />22
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