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4 4. City of New Brighton TIF District Summary <br /> City of New Brighton,Minnesota <br /> Summary of Existing Tax Increment Financing(TIF)Districts-Payable Year 2021 <br /> City TIF# 26 27 I 29 31 32 33 34 <br /> Brighton Northwest Northwest <br /> Ken's BCPII South(Soo Marv's <br /> Name/Description Corporate Market Line) Quadrant(West) Quadrant(East) Transmission Midtown Village <br /> Business Park Ill includes Haz includes Haz <br /> TIF Authority City City City City City City City <br /> County TIF# 258-0,258-1.274- <br /> 205 216 219 0,274-1 275-0.275-1 276 331 <br /> County Ramsey Ramsey Ramsey Ramsey Ramsey Ramsey Ramsey <br /> School District# 621 621 621 621 621 621 621 <br /> Type of TIF District Redevelopment Redevelopment Redevelopment Redevelopment Redevelopment Redevelopment Redevelopment <br /> Fiscal Disparities A A A A A A B <br /> Date Certified 1/22/1999 1/22/1999 1/22/1999 1/22/1999 1/22/1999 1/22/1999 1/22/1999 <br /> 1st Year Increment Collected 1999 1999 1999 1999 1999 1999 1999 <br /> Last Year of District(as required) 12/31/2024 12/31/2024 12/31/2024 12/31/2024 12/31/2024 12/31/2024 12/31/2024 <br /> Interfund Loan Interfund Loan <br /> G.O.TIF 2015B G.O.TIF 2015B Interfund Loan <br /> Current Obligations Pooling Interfund Loan Interfund Loan Interfund Loan G.O.TIF 2015B G.O.TIF 2015B $2.1M PayGO <br /> G.O.TIF 2015B G.O.TIF 2015B $1.6M PayGO <br /> G.O.TIF 2015B G.O.TIF 2015E <br /> Current Tax Rate 114.018% 114.018% 114.018% 114.018% 114.018% _ 114.018% 114.018% <br /> Frozen Tax Rate 122.918% 122.918% 122.614% 110.985% 111.508% 109.170% 124.538% <br /> Current Net Tax Capacity 928,153 38,058 41,962 1,203,170 762,604 23,410 52,661 <br /> Less:Base Net Tax Capacity 73,031 3,050 3,900 0 0 2,126 52,661 <br /> Sharing Factor 0.921316 0.919859 0.907059 0.974087 1.000131 0.909184 0.000000 <br /> Equals:Retained Captured NTC 855,122 35,008 38,062 1,171,992 762,704 21,284 0 <br /> Times:Applicable Tax Rate 114.018% 114.018% 114.018% 114.018% 114.018% 114.018% 114.018% <br /> Equals:Projected Tax Increment 974,990 39,915 43,397 1,336,278 869,618 24,268 0 <br /> 10 <br />