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<br />CITY OF ELK RIVER <br />PRELIMINARY 1995 TAX RATE INFORMATION <br /> <br />. <br />Levy Yeer 1994 1993 1992 1991 1990 <br />Tax Payable Year 1995 1994 1993 1992 1991 <br />Total Levy 2,837.744 2,359.297 2.217,797 2,134,349 2.068.852 <br /> <br />.; <br /> <br />. <br /> <br />HACA & Equalization Aid <br /> <br />614.397 <br /> <br />614.399 <br /> <br />660.427 <br /> <br />592,775 <br /> <br />511,677 <br /> <br />Net Levy <br />Percent Incrsase(Decrease) <br /> <br />2,223,347 <br />27.42% <br /> <br />1.744,898 <br />11.33% <br /> <br />1,567.370 <br />1.67% <br /> <br />1,641,674 <br />.1.10% <br /> <br />1,557,176 <br />11.22% <br /> <br />/ <br />I <br /> <br />Market Value <br /> <br />439.686,403 418.748,956 <br /> <br />401.100.782 381.819.248 354.466,943 <br /> <br />Net Tax Capacity <br />TIF Tax Capacity <br />Total Tax Capacity <br /> <br />8.623,983 <br />482,829 <br />9,106,812 <br /> <br />8,051.412 <br />821,742 <br />8,673,154 <br /> <br />7,928,363 <br />600,641 <br />8,629.004 <br /> <br />7,961,316 <br />696,612 <br />8,657.927 <br /> <br />7,663,019 <br />662,270 <br />8,215,289 <br /> <br />Tex Rates <br />CITY' <br />Urban 25.885 21.902 20.560 19.472 20.690 <br />Rural 24.648 19.769 13.122 17.102 18.276 <br />TOTAL <br />Urban 108.217 '. 103.026 104.612 94.845 <br />Rural 106.184 ., 96.587 101.972 92.431 <br />CITY' SHARE OF TOTAL TAX RATE <br />Urban 20.24% ... 19.96% 18.61% 21.81% <br /> <br />.City fate does not include HRA and EDA Special Taxing Dieotrict levies. <br />..1994 Total Tax Rates do not include School Excess levy Referendum tax rate; <br />actuel pay 1994 rate will be higher. <br />.. "The City percentage will decrease when excess School levy is added. <br /> <br />ALL 1995 INFORMATION IS VERY PRELIMINARY: IT ASSUMES A FIVE PERCENT <br />INCREASE IN NET TAX CAPACITY AND A 170,000 NTC INCREASE DUE TO <br />THE TERMINIATION OF TIF DISTRICT #1 <br /> <br />Finance Dept. <br /> <br />6:16 PM 8/30/94 <br />