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City of Arden Hills Tax Increment Financing District No. 5: TCAAP 10 Entity Pay 2019 Extension Rate Percent of Total CTC Potential Taxes Ramsey County 52.879% 46.78% 4,654,336 2,461,189 City of Arden Hills 25.555% 22.61% 4,654,336 1,189,425 ISD No. 621 26.330% 23.30% 4,654,336 1,225,505 Other 8.265% 7.31%4,654,336 384,677 Total 113.030% 100.00% 5,260,796 Impact on Tax Rates The estimates listed above display the captured tax capacity when all construction is completed. The tax rate used for calculations is the Pay 2019 rate. The total net capacity for the entities listed above are based on Pay 2019 figures. The District will be certified under the Pay 2020 rates, which were unavailable at the time this TIF Plan was prepared. Pursuant to M.S. Section 469.175 Subd. 2(b): (1) Estimate of total tax increment. It is estimated that the total amount of tax increment that will be generated over the life of the District is $154,637,343; (2) Probable impact of the District on city provided services and ability to issue debt. An impact of the District on police protection is expected. With any addition of new residents or businesses, police calls for service will be increased. New developments add an increase in traffic, and additional overall demands to the call load. The City currently contracts with the Ramsey County Sheriff Department for police services and it is expected that the proposed development will necessitate new capital investment in vehicles and staff. The probable impact of the District on fire protection is expected. The City expects that the proposed development will necessitate new capital investment in vehicles, facilities and staff. The impact of the District on public infrastructure is expected to be significant. New roads, utilities and a water tower will need to be developed for the area. It is anticipated that these facilities will be paid for by the development. In addition, it is anticipated that there will be additional costs associated with street maintenance, sweeping, plowing, lighting, sidewalks and trails that may become the responsibility of the City, if not provided for under a special service district or home owner association(s). The probable impact of any District general obligation tax increment bonds on the ability to issue debt for general fund purposes is expected to be minimal. It is not anticipated that there will be any general obligation tax increment debt issued in relation to this project, therefore there will be no impact on the City's ability to issue future debt or on the City's debt limit. (3) Estimated amount of tax increment attributable to school district levies. It is estimated that the amount of tax increments over the life of the District that would be attributable to school district levies, assuming the school district's share of the total local tax rate for all taxing jurisdictions remained the same, is $36,022,816;