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Exhibit IV SPRINGSTED Page 18 Estimated Impact on Other Taxing Jurisdictions ReportCity of Elk River, MinnesotaTax Increment Financing (Redevelopment) District The Truck Shop Redevelopment Project Draft TIF Plan ExhibitsWithoutProject or TIF District With Project and TIF DistrictProjected Hypothetical2016/2017 2016/2017 Retained New Hypothetical Hypothetical Tax GeneratedTaxable 2016/2017 Taxable Captured Taxable Adjusted Decrease In by RetainedTaxing Net Tax Local Net Tax Net Tax Net Tax Local Local CapturedJurisdiction Capacity (1) Tax Rate Capacity (1) + Capacity = Capacity Tax Rate (*) Tax Rate (*) N.T.C. (*)City of Elk River 22,868,723 46.193% 22,868,723 $64,530 22,933,253 46.063% 0.130% 29,725Sherburne County 88,154,298 50.458% 88,154,298 64,530 88,218,828 50.421% 0.037% 32,537ISD #728 33,371,816 36.659% 33,371,816 64,530 33,436,346 36.588% 0.071% 23,611Other (2) --- 4.509% --- 64,530 --- 4.509% --- --- Totals 137.819% 137.581% 0.238% * Statement 1: If the projected Retained Captured Net Tax Capacity of the TIF District was hypothetically available to each ofthe taxing jurisdictions above, the result would be a lower local tax rate (see Hypothetical Adjusted Tax Rate above)which would produce the same amount of taxes for each taxing jurisdiction. In such a case, the total local tax ratewould decrease by 0.238% (see Hypothetical Decrease in Local Tax Rate above). The hypothetical tax that theRetained Captured Net Tax Capacity of the TIF District would generate is also shown above.Statement 2: Since the projected Retained Captured Net Tax Capacity of the TIF District is not available to the taxing jurisdictions,then there is no impact on taxes levied or local tax rates. (1) Taxable net tax capacity = total net tax capacity - captured TIF - fiscal disparity contribution, if applicable. (2) The impact on these taxing jurisdictions is negligible since they represent only 3.27% of the total tax rate.