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City of Pequot Lakes, Minnesota
<br />May 21, 2013
<br />Page 6
<br />Estimated
<br />Market
<br />Value (a)
<br />$50, 000
<br />70, 000
<br />85, 000
<br />100, 000
<br />125, 000
<br />150, 000
<br />200, 000
<br />225, 000
<br />250, 000
<br />300, 000
<br />350, 000
<br />400,000
<br />450, 000
<br />500, 000
<br />550,000
<br />600, 000
<br />650, 000
<br />700, 000
<br />750, 000
<br />800, 000
<br />850, 000
<br />900, 000
<br />950, 000
<br />1, 000, 000
<br />Pequot Lakes, Minnesota
<br />Estimated Tax Impact - Based on Net Tax Capacity
<br />Rural Tax Rate Phase-In
<br />Cumulative Impact from Base Year (2013)
<br />2012/2013
<br />Net Tax
<br />Capacity Rural Tax Rate � 37.950%
<br />Homestead Residential
<br />$300 � n/a
<br />420 n/a
<br />554 n/a
<br />718 n/a
<br />990 n/a
<br />1,263 n/a
<br />1, 808 n/a
<br />2,080 n/a
<br />2, 353 n/a
<br />2, 898 n/a
<br />3,443 n/a
<br />3,988 n/a
<br />4, 500 n/a
<br />5, 000 n/a
<br />5,625 n/a
<br />6,250 n/a
<br />6, 875 n/a
<br />7, 500 n/a
<br />8,125 n/a
<br />8, 750 n/a
<br />9, 375 n/a
<br />10,000 n/a
<br />10,625 n/a
<br />11,250 n/a
<br />Year 1
<br />44.693%
<br />$20
<br />28
<br />37
<br />48
<br />67
<br />85
<br />122
<br />140
<br />159
<br />195
<br />232
<br />269
<br />303
<br />337
<br />379
<br />421
<br />464
<br />506
<br />548
<br />590
<br />632
<br />674
<br />716
<br />759
<br />Year 2
<br />50.027%
<br />$36
<br />51
<br />67
<br />87
<br />120
<br />152
<br />218
<br />251
<br />284
<br />350
<br />416
<br />482
<br />543
<br />604
<br />679
<br />755
<br />830
<br />906
<br />981
<br />1, 057
<br />1,132
<br />1,208
<br />1,283
<br />1,359
<br />Year 3
<br />54.350% �
<br />$49
<br />69
<br />91
<br />118
<br />162
<br />207
<br />296
<br />341
<br />386
<br />475
<br />565
<br />654
<br />738
<br />820
<br />923
<br />1, 025
<br />1,128
<br />1,230
<br />1, 333
<br />1,435
<br />1, 538
<br />1, 640
<br />1, 743
<br />1, 845
<br />Public Sector Advisors
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