City of Pequot Lakes, Minnesota
<br />May 21, 2013
<br />Page 4
<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 />2012/2013
<br />Net Tax Year 1
<br />Capacity Rural Tax Rate� 37.950% � 44.693%
<br />Homestead Residential
<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 />$114
<br />159
<br />210
<br />272
<br />376
<br />479
<br />686
<br />789
<br />893
<br />1,100
<br />1, 306
<br />1,513
<br />1, 708
<br />1,898
<br />2,135
<br />2, 372
<br />2,609
<br />2,846
<br />3, 083
<br />3, 321
<br />3,558
<br />3, 795
<br />4, 032
<br />4,269
<br />$134
<br />188
<br />248
<br />321
<br />443
<br />564
<br />808
<br />930
<br />1,051
<br />1,295
<br />1, 539
<br />1,782
<br />2, 011
<br />2,235
<br />2,514
<br />2, 793
<br />3, 073
<br />3, 352
<br />3,631
<br />3, 911
<br />4,190
<br />4,469
<br />4, 749
<br />5,028
<br />Year 2 Year 3
<br />50.027% � 54.350%
<br />$150
<br />210
<br />277
<br />359
<br />495
<br />632
<br />904
<br />1,041
<br />1,177
<br />1,450
<br />1,722
<br />1, 995
<br />2,251
<br />2, 501
<br />2,814
<br />3,127
<br />3,439
<br />3, 752
<br />4, 065
<br />4, 377
<br />4,690
<br />5, 003
<br />5, 315
<br />5,628
<br />Public Sector Advisors
<br />�
<br />$163
<br />228
<br />301
<br />390
<br />538
<br />686
<br />982
<br />1,131
<br />1,279
<br />1,575
<br />1,871
<br />2,167
<br />2,446
<br />2,718
<br />3, 057
<br />3, 397
<br />3, 737
<br />4, 076
<br />4,416
<br />4, 756
<br />5, 095
<br />5,435
<br />5, 775
<br />6,114
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