Levy Year
<br />Tax Payable Year
<br />
<br />CITY OF ElK RIVER
<br />PROPERT X DATA
<br />(Payable yea. 91 - 2001)
<br />
<br /> 10/26/01
<br />Proposed
<br /> 2001 2000 1999 1998 1997 1996 1995 1994
<br /> 2002 2001 2000 1999 1998 1997 1996 1995
<br />
<br />1993
<br />1994
<br />
<br />1992
<br />1993
<br />
<br />1991
<br />1992
<br />
<br />199o
<br />1991
<br />
<br />LE~_Y_ and AIDS
<br />TotalLevy $ 5,118,288 $ 5,058,511 $ 4,596,694 $ 4,230,293 $ 3,852,494 $ 3,544,555 $ 3,163,819 $ 2,837,744
<br />Limited Levy 4,211,077 3,328,156 3,445,099
<br />Special Levy 385,017 301,058 407,395
<br />Unlimited Levy 5,058,511 3,544,555 3,163,819 2,837,744
<br />
<br />HACA & Equalization Aid 0 001,264 601,225 601,079 601,385 601,240 593,380 614,397
<br /> Percent Increase(Decrease) 0.01% 0.02% -0.05% 0.02% 1.33% -3.42% 0.O0%
<br />
<br />Net Levy 5,118,288 4,457,247 3,995,469 3,629,214 3,251,109 2,943.309 2,570,439 2,223,347
<br />Percent Increase(Decrease) 14.83% 11.56% 10.O9% 11.63% 10.46% 14.51% 1 5.61% 27.42%
<br />
<br />Levy Distribution (Gross)
<br />General Fund 4,340,783 3,809,355 3,489,800 3,139,530 2,939,800 2,619,859 2,286,O82
<br />Library 66,650 06,650 02,500 54.950 54,950 50,600 50,600
<br />Debt Service 275,602 385,017 350,921 348.903 223,133 219,387 258,490
<br />Dam Loan 32,572 32,572 32,572 32,572 32,572 32,572 32,572
<br />SWM 61,350 57,500 59.500 5t,473 169,100 241,401 210,000
<br />Development Fund 137,383 145,000 135,000 125,000 125,000
<br />Infrastructure/Capital Imp. 144,171 100,000 100,O00 100,000
<br />
<br />EBQ~ERT Y VALUES
<br />Market Value 997,330,900 867,190,078 777,417,699 712,271,190 645,916,470 565,589,913 519.105,699 470,973,100
<br />Percent Increase 15.01% 11.55% 9.15% 10.27% 14.20% 8.95% 10.22% 12.47%
<br />Total Net Tax Capacity 12,175,972 14,906,332 13,350,134 12,605,479 12,644,462 12,251,909 11,028,524 9,894,097
<br />Percent Increase -18.32% 11.66% 5.91% -0.31% 3.20% 11.09% 11.47% 14.08%
<br />TIF Tax Capacity 421,434 338,009 141,898 229,853 261,339 326,877 333,668 583,834
<br />Percent of Total 3.46% 2.27% 1.06% 1.82% 2.07% 2.67% 3.03% 5.90%
<br />Taxable Net Tax Capacity 11,754,538 14,568,263 13,208,236 12,375,626 12,383,123 11,925,032 10,694,856 9,310,263
<br />Percent Increase -19.31% 10.30% 6.73% -0.06% 3.84% 11.50% 14.87% 15.64%
<br />
<br />~ RAT E~_
<br />City
<br />
<br />County
<br />School
<br />HRA '
<br />EDA
<br /> Total NTC Rate
<br />
<br />43.544% 30.596% 30.248% 29.324% 26.255% 24.683% 24.033% 23.958%
<br />
<br />$ 2,359.297
<br />
<br /> 2,359,297
<br />
<br /> 814,399
<br /> -5.54%
<br />
<br /> 1,744,898
<br /> 11.33%
<br />
<br /> 2,026,082
<br /> 41,700
<br /> 258,943
<br /> 32,572
<br />
<br />418,748,955
<br />4.40%
<br />8,073,154
<br />1.69%
<br />621,742
<br />7.17%
<br />8,051,412
<br />1.55%
<br />
<br />21.902%
<br />
<br />$ 2,217,797
<br />
<br /> 2,217,797
<br />
<br /> 650,427
<br /> 9.73%
<br />
<br /> 1,567,370
<br /> 1.67%
<br />
<br /> 1,872,900
<br /> 41,70O
<br /> 270,625
<br /> 32,572
<br />
<br />401,100,782
<br /> 13.16%
<br /> 8,529,004
<br /> 3.82%
<br /> 600,641
<br /> 7.04%
<br /> 7,928,363
<br /> 3.60%
<br />
<br />20.560%
<br />
<br />$ 2,134,349
<br /> 1,750,384
<br /> 383,965
<br />
<br /> 592,775
<br /> 15.65%
<br />
<br /> 1,541,574
<br /> -1.10%
<br />
<br /> 1,676,112
<br /> 41,700
<br /> 383,905
<br /> 32,572
<br />
<br />381,819,248
<br />7.72%
<br />8,557,927
<br />4.17%
<br />596,612
<br />6.97%
<br />7.961,315
<br />4.03%
<br />
<br />19.742%
<br />
<br />$ 2,068,852
<br /> 1,052,844
<br /> 416,008
<br />
<br /> 511,677
<br />
<br /> 1,557,175
<br /> 11.22%
<br />
<br /> 1,589,453
<br /> 41,700
<br /> 392,027
<br /> 32,572
<br />
<br />354,456,943
<br />
<br /> 8,215,289
<br />
<br /> 562,270
<br /> 6.84%
<br /> 7,653,019
<br />
<br />20.690%
<br />
<br /> 47.531% 32.341% 31.468% 30.265% 27.235% 24.392% 23.574% 22.380% 21.807% 19.883% 19.474% 18.220%
<br /> 45.111% 63.870% 56.027% 59.886% 56.539% 02,359% 54,530% 56.511% 63.103% 61.209% 64.386% 54.938%
<br /> 1.111% 0.741% 0.729% 0.709% 0.633% 0.574% 0.587% 0.600% 0.612% 0.599% 0.312% 0.300%
<br /> 1.538% 0.996% 0.977% 0.946% 0.842% 0.759% 0.773% 0.792% 0,793% 0.774% 0.698% 0.685%
<br /> 138.835% 128.544% 119.449% 121.130% 111.504% 112.767% 103.497% 104.247% 108.217% 103.025% 104.612% 94.845%
<br />School Market Value Rate 0.08241% 0.20271% 0.11132% 0.13029% 0.05131% 0.05274% 0.05256% 0.05050%
<br />Education Homestead Credit" n/a 26.535% 30.500% 24.444% 11.173% n/a n/a n/a
<br />State of Minnesota Tax (C/I) 60.000%
<br />City Share of Total Tax Rate - 23.80% 25.32% 24.21% 23.55% 21.89% 23.22% 22.98%
<br />Excluding School Market Value Tax
<br /> (City Share of actual property tax payment is less than percentagea listed above becauJe addition of School Market Value Tax decreases the City'a ~hare.)
<br />
<br />"Starting with taxes payable 2000, ag land receives Educational Homestead Credit at a reduced rate.
<br />State tax applies only to Commercial/Industrial and Seasonal Recreation property.
<br />
<br />0.05252%
<br /> n/a
<br />
<br />20.24%
<br />
<br />n/a
<br />n/a
<br />
<br />19.96%
<br />
<br />nta
<br />n/a
<br />
<br />18.87%
<br />
<br />n/a
<br />
<br />21.81%
<br />
<br />AnnuallCharts:Propert7 Tax Data
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