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EXHIBIT F
<br /> CITY PROPERTY VALUES
<br /> • 1993 Indicated Market Value of Taxable Property: $463,888,473*
<br /> *
<br /> Calculated by dividing the county assessor's estimated market value of $478,427,403 by the 1992
<br /> sales ratio of 90.2%for the City. (1993 sales ratios are not yet available.)
<br /> 1993 Taxable Net Tax Capacity: $8,051,412
<br /> Real Estate:
<br /> Residential $2,953,015 34.0%
<br /> Commercial, Industrial and Public Utility3,855 846rriptrrmimmmirrf.44,5
<br /> Non-Homesteadesi en is
<br /> Agricultural 430,697 5.0
<br /> Other 304,481 3.5
<br /> Personal Property 51,037 0.6
<br /> Subtotal $8,673,154 100.0%
<br /> Less: Captured Tax Increment Tax Capacity (621,742)
<br /> Total $8,051,412
<br /> Trend of Values
<br /> Assessor's
<br /> Indicated Estimated
<br /> e Tax
<br /> Market Value(a) Market Value Caoalcitv(b)
<br /> III 1993 $463,888,473 $418,427,403 38,051,412
<br /> 1992 444,688,339 401,108,882 7,923 444
<br /> 1991 441,409,535 381,819,248 7,961,315
<br /> 1990 409,776,812 354,456,943 7,653,019
<br /> 1989 351,048,380 309,273,623 , 6,331,671
<br /> (a) Calculated by dividing the assessor's estimated market value by the certified sales ratio for each
<br /> year, as determined by the State Department of Revenue. (1993 sales ratios are not yet available.)
<br /> (b) For an explanation of tax capacity rates, see Appendix II.
<br /> •
<br /> Ten of the Largest Taxpayers in the City
<br /> Taxpayer Type of Business 1993 Net
<br /> Tax Capacity
<br /> United Power Association Utility
<br /> Northern States Power and Utility (Resource $ 920 438
<br /> United Power Association Recovery Facility) '
<br /> Scherer LTD Partnership Shopping Center 11119,572
<br /> 19,573
<br /> CHW Properties, Inc. Apartments
<br /> Anoka Electric Cooperative Utilitysg 119,000
<br /> Elk River Shopping Center Shopping Center 103,817
<br /> Alitool Manufacturing Co., Inc. Metal Stamping Plant 194,
<br /> ir Iowa Public Service 94,453
<br /> Commercial 86,058
<br /> Individual Apartments
<br /> A< Anoka Medical Clinic 69,119
<br /> II Total
<br /> 67.984
<br /> 32,236,945`
<br /> Represents 27.8%of the City's 1993 taxable net tax capacity.
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