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IMPACT ON TAX RATES <br />Ramsey County <br />City of Arden Hilis <br />Mounds View ISD No. 621 <br />Otl�er <br />Total <br />Pay 20I0 <br />Extension Rates <br />0.502481 <br />o.2a6�z6 <br />0.245549 <br />0.079530 <br />1.054326 <br />Percent <br />of Toial <br />47.b6% <br />21.50% <br />23.29% <br />7.54°/a <br />100A0% <br />Potential <br />CTC Taxes <br />305, F 99 I53,357 <br />305,199 b9,i93 <br />345,199 74,957 <br />305,194 24,272 <br />321,779 <br />The estimates listed abo�e display the captured tax capacity when all construction is completed. Tl�e tax rate <br />used For calculations is the actual Pay 2010 rate. The total n�t capacity far the entities Iisted above are based <br />on ac#ual Pay 2010 figures. The District will be certified under the actual Pay 20ll rates, which were <br />unavailable at the time this TIF Plan was prepared. <br />I'ursuant to M.S. Section 469.175 �ubd. 2(b): <br />{1) �stinnate of total tax increment. It is estimated that the total arr►aunt of tax increment that will be <br />generated over the life of the District is $3,67$,fl 12; <br />(2) Probable im act of th.e Dzstrict on ci rovided ser�ices and abili to issue debt. No innpact af ihe <br />District on police protection is expected since Presbyterian Ho�cnes is replacing the old, demolished <br />units with the same number of new units. <br />The prohable impact of�►e District on fire protection is not expected to be significant. Typicaliy new <br />buildings generate few ca�ls, if any, and are of superior construction and sprinkl�red. <br />The iznpact of the District on public infrastructure is expected to be minimal. The deveiopmeni is <br />not expected to significantly impact any traffic mavements in the area since the nurnber of units will <br />remain the same. The current infrastructure for sanitary sewer, storm sewez- and water is adequate to <br />handle the volume generated from the proposed development. Based on the development plans, there <br />are no additional costs associated with street maintenance, sweeping, plowing, lighting and <br />sidewalks. <br />The probable impact of any District general obligat�an ta�c increment bonds on the ability to issue <br />debt for general fund purposes is expected to be minimal. It is not anticipated that there will be any <br />general obligation debt issued in relation to this project, tk�erefore there will be no impact on the <br />City's ability to issue future debt or on the City's debt limit. <br />(3} Estimated amount of tax increment attributable to schooi distric� Ievies. It is estimated that khe <br />amount of tax incre�nents ov�r the life o� the District tha# would be atEributable to schooi district <br />levies, assuming the school district's share of the total IocaI tax rate for aIl taxing jurisdictions <br />remained the same, is $856,609; <br />(4) Estimated amount of tax iz►crement attributable to coun Ievies. It is estinnated that the amount of <br />tax incr�zrients over the life of the Dis#rict that would be attributable to county levies, assuming the <br />county's share of the total local tax rat� for all taYing jurisdictions remained the sazne, is $1,'�52,940; <br />(5) Additional information requested bv the countv_or school.district. The Ciiy is not aware of any <br />Gity of Arden Hills Tax Incremeni Financing Plan for TIF District Na. 4 2-8 <br />