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Taxes <br />Payable <br />Year <br />CITY OF ORONO, MINNESOTA <br />Tax Capacity <br />Estimated Market Value of Taxable Property (I) <br />Last 1'en Fiscal Years <br />Real Property Personal Property <br />Tax Capacity <br />Estimated <br />Market <br />Value Tax Capacity <br />Estimated <br />Market <br />Value <br />Fiscal <br />Disparities <br />Adjustment to <br />Tax Capacity <br />1989 S 14,049,094 S 477,834,580 $ 183.499 $ 3,495,200 $ 119,216 <br />1990 (2) 12,568,353 527,348,000 172,131 3,401,800 151,730 <br />1991 14,035,873 585,697,300 178,110 3,598,200 164,776 <br />1992 12,922,819 604,793,400 195,919 4,124,600 45,844 <br />1993 11,572,538 625,445,300 182,211 3,876,800 (15,389) <br />1994 12,007,816 654.919.200 183,655 3,992,500 (22.572) <br />1995 12,780,145 697,660,900 194,020 4,217,800 (62,597) <br />1996 13,942,213 756,861.400 200,133 4,350,700 (42,026) <br />1997 15,009,193 810,974.500 202,352 4,399,000 (51.753) <br />1998 14,939.610 870,268.000 175,312 <br />4,382,800 (24,387) <br />(1) All property, assessed, tax capacity, and estimated market values, and fiscal disparities adjustment are from <br />the Hennepin County Assessor. <br />(2) Ini 990, the State of Minnesota redefined the tax base from “gross” tax capacity to <br />“net” tax capacity. <br />-100- <br />i <br />L <br />I <br />I <br />V 4I <br />I <br />JJ $ <br />3* <br />r <br />i <br />c. <br />n <br />W