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Tax Capacity Rates Tax capacity rates over the past five-assessable/collection years have been as follows: 1998/99 1999/00 2000/01 2001/02 2002/03 Tax Tax Tax Tax Tax Levy Yearl Capacity Capacity Capacity Capacity Capacity Collection Year Rates Rates Rates Rates Rates Anoka County 32.265% 30.861% 28.859% 37.976% 37.714% City of Centerville 48.862 49.184 49.287 69.466 59363 ISO No. 12, Centennial 64.802 58.230 69.574 37.758t 37369 t NMISDNo.916 .333 .261 .314 .070 .098 Metropolitan Council .886 .824 .779 1.417 1.418 Metro Transit 4.799 4.502 4.575 1.453 J.740 Metropolitan Mosquito District .340 .334 .310 .476 .551 Rice Creek Watershed .809 .765 .940 1.174 1.208 Anoka County Railroad Authority .474 1.210 1.064 1.393 1.378 Anoka County HRA .893 .944 .920 1.227 1.290 Totals: ~ill ]47 1]5 156.622 152.410 142.]29 Tax Levies and Collections Lew Year/Collection Year ]998/1999 ]999/2000 2000/2001 2001/2002 Original Gross Tax Levy $866,194 $ ] ,095,00] $ 1,320,028 $ 1,480,623 Property Tax Credits 1 ( 104,075) ( ]]0,001) 110,028) ( I I7 ,295) Levy Adjustments 2,379 1.230 2.084 983 Net Tax Levy $764,498 $ 986,230 $ ],212,084 $ ],364,3]] Amount Collected during Collection Year $750,139 $ 969,996 $ ],]88,726 $ 1,342,480 Percent of Net Tax Levy Collected 98.12% 98.35% 98.07% 98.40% Amount Delinquent at end of Collection Year $ 14,359 $ 16,234 $ 23,358 $ 21,83] Delinquencies Collected as of (12/30/02) ( 13,]80) ( 14,060) ( 16,241) ( 0) Delinquencies Abated or Cancelled as of (12/3 ]/02) ( 327) J73 ( 55) 2.670) Total Delinquencies Outstanding as of (12/31/02) $ 852 $ 2,347 $ 7,062 $ ]9,]6] Percent of Net Tax Levy Collected 99.89% 99.76% 99.42% 98.60% Note: 2002/2003 Gross Tax Levy $1,480,623 2002/2003 Net Tax Levy ],364,3] ] t Effective 2002, the State of Minnesota took over most of the funding for the school districts., including the general fund, transportation, etc. The only funding that remains for school districts is community service, general debt service, and general net tax capacity. J Property tax credits are aids prQvided by the State of Minnesota and paid directly to the City. Cities currently deduct property tax credits prior to certitying values with the county auditor. -23 - ..