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Management Review & Analysis – Tax Increment Financing Districts City of New Brighton Page 11 July 2017 Taxable Percent ChangeTax Payable Year Market Value From Prior YearFinal 2017 1,957,574,500$ 7.40%2016 1,823,144,000 5.30%2015 1,732,108,600 6.00%2014 1,633,681,900 0.00%2013 1,633,150,100 -6.00%2012 * 1,737,100,500 -9.10%2011 1,910,547,900 -4.70%2010 2,005,697,200 -4.10%2009 2,091,744,100 -1.10%2008 2,115,568,700 4.40%* Note - A portion of the decrease in value for Pay 2012 is due to the change in calculation of the Market Value Homestead Credit, which was shifted from a tax REMAINDER OF PAGE LEFT INTENTIONALLY BLANK