�
<br />City of Pequot Lakes, Minnesota
<br />May 21, 2013
<br />Page 10
<br />Estimated
<br />Market
<br />Va�ue (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 />$100,000
<br />150,000
<br />250,000
<br />500,000
<br />1,000,000
<br />3,000,000
<br />5,000,000
<br />7,000,000
<br />10,000,000
<br />Pequot Lakes, Minnesota
<br />Estimated Tax Impact - Based on Net Tax Capacity
<br />Urban Tax Rate Phase-In
<br />Cumulative Impact from Base Year (2013)
<br />2012/2013
<br />Net Tax
<br />Capacity
<br />$300
<br />420
<br />554
<br />718
<br />990
<br />1,263
<br />1,808
<br />2,080
<br />2,353
<br />2,898
<br />3,443
<br />3,988
<br />4, 500
<br />5,000
<br />5,625
<br />6,250
<br />6,875
<br />7,500
<br />8,125
<br />8, 750
<br />9,375
<br />10,000
<br />10,625
<br />11,250
<br />$1,500
<br />2,250
<br />4,250
<br />9,250
<br />19,250
<br />59,250
<br />99,250
<br />139,250
<br />199,250
<br />Urban Tax Rate� 75.900%
<br />Homestead Residentiai
<br />Comme rcia l/lnd ustria l
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n!a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />n/a
<br />Year 1 Year 2 Year 3
<br />67.040% � 60.032% � 54.350% �
<br />-$27
<br />-37
<br />-49
<br />-64
<br />-88
<br />-112
<br />-160
<br />-184
<br />-208
<br />-257
<br />-305
<br />-353
<br />-399
<br />-443
<br />-498
<br />-554
<br />-609
<br />-665
<br />-720
<br />-775
<br />-831
<br />-886
<br />-941
<br />-997
<br />-$133
<br />-199
<br />-377
<br />-820
<br />-1,706
<br />-5,250
<br />-8, 794
<br />-12,338
<br />-17,654
<br />-$48
<br />-67
<br />-88
<br />-114
<br />-157
<br />-200
<br />-287
<br />-330
<br />-373
<br />-460
<br />-546
<br />-633
<br />-714
<br />-793
<br />-893
<br />-992
<br />-1,091
<br />-1,190
<br />-1,289
<br />-1,388
<br />-1,488
<br />-1,587
<br />-1,686
<br />-1,785
<br />-$238
<br />-357
<br />-674
<br />-1,468
<br />-3, 055
<br />-9,402
<br />-15,749
<br />-22,097
<br />-31,618
<br />-$65
<br />-91
<br />-119
<br />-155
<br />-213
<br />-272
<br />-390
<br />-448
<br />-507
<br />-624
<br />-742
<br />-859
<br />-970
<br />-1,077
<br />-1,212
<br />-1,347
<br />-1,482
<br />-1,616
<br />-1,751
<br />-1,886
<br />-2,020
<br />-2,155
<br />-2,290
<br />-2,424
<br />-$323
<br />-485
<br />-916
<br />-1,993
<br />-4,148
<br />-12,768
<br />-21,388
<br />-30,008
<br />-42,938
<br />Public Sector Advisors
<br />
|