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Management Review & Analysis – Tax Increment Financing Districts City of New Brighton Page 10 July 2017 The City is about average today versus similar cities in the use of TIF. Also shown are comparable cities’ tax rates and bond ratings. Although this is a small sample of municipalities, the amount of TIF used by a City does not seem to correlate directly with a City’s tax rate or bond rating. In conversations with rating agencies, we do know that market value growth is an important factor in maintaining New Brighton’s AA bond rating. Redevelopment plays an important factor in market value growth. Following is a table which demonstrates the historical market value growth of the City of New Brighton.