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Bonds Annual Disclosure Report 2022MUNICIPAL SECONDARY MARKET DISCLOSURE ANNUAL REPORT This Annual Report is being filed with the Municipal Securities Rule Making Board through the Electronic Municipal Market Access ("EMMA") website pursuant to Securities and Exchange Commission Rule 15c2- 12(b)(5)(i)(C)and(D). Obligated Person: City of New Hope, Minnesota Issues Subject to Full Disclosure: Issue Identification Issue Date 6-Digit CUSIP No. $1,330,000 General Obligation Taxable Tax Increm ent Refunding Bonds, Series 2012B 1/11/2012 64544P $2,695,000 General Obligation Tax Increm ent Refunding Bonds, Series 2012A 1/11/2012 64544P $5,960,000 General Obligation Tax Increm ent Bonds, Series 2015A 6/17/2015 64544P $3,825,000 General Obligation Street Reconstruction Bonds, Series 2015B 12/30/2015 64544P $4,855,000 General Obligation Street Reconstruction Bonds, Series 2016A 12/29/2016 64544P $18,435,000 General Obligation Capital Improvement Plan Bonds, Series 2017A 12/28/2017 64544P $9,520,000 General Obligation Tax Abatement Bonds, Series 2018A 12/20/2018 64544P $5,235,000 General Obligation Tax Abatement Bonds, Series 2019A 7/18/2019 64544P $2,020,000 General Obligation Tax Abatement Bonds, Series 2021A 3/11/2021 64544P The Following Have Been Authorized by the Issuer to Distribute this Information Publicly: Dissemination Agent Contact Name/Title:Rose Xiong, Public Finance Analyst Company:Ehlers & Associates, Inc. Address:3060 Centre Pointe Drive, Roseville, MN 55113 Phone:(800) 552-1171 Email Address:rxiong@ehlers-inc.com This Annual Financial Information Report (this Annual Report) has been prepared and is being provided to the secondary market only in compliance with the contractual agreement of the Issuer, entered into in accordance with Rule 15c2-12 promulgated by the U.S. Securities and Exchange Commission, to update annually the following financial information and operating data which was provided in the Final Official Statement relating to the above noted obligations. The information provided in this Annual Report speaks only as of its date and is subject to change without notice. The delivery of this Annual Report may not under any circumstances, create an implication that there has been no other change to the information provided about the Issuer or otherwise in the Final Official Statement. The presentation of information in this Annual Report is intended to show recent historical information and is not intended to indicate future or continuing trends with respect to the Issuer. The Issuer has not agreed in any way to notify the secondary market of subsequent changes to the information in this Annual Report, other than an undertaking to provide notice of certain specific reportable events. City of New Hope, Minnesota Page 1 Municipal Secondary Market Disclosure Annual Report Date of Report: July 31, 2023 Type of Filing:online via: http://emma.msrb.org/ Fiscal Period Ending:12/31/2022 Issuer Filing Deadline:12/31/2023 Final Audited Financial Statements, on File with EMMA: Fiscal Year End: 12/31/2022 - Submitted on 6/29/2023 ANNUAL FINANCIAL INFORMATION REPORT UPDATE Reporting Requirements Current Property Valuations Trend of Valuations Direct Debt Tax Levies and Collections Tax Capacity Rates Population Trend Employment/Unemployment Data City of New Hope, Minnesota Page 2 Municipal Secondary Market Disclosure Annual Report Date of Report: July 31, 2023 CURRENT PROPERTY VALUATIONS 2022/23 Economic Market Value $2,935,111,940 1 2022/23 Assessor's Estimated Market Value Real Estate $2,738,068,600 Personal Property 9,841,800 Total Valuation $2,747,910,400 2022/23 Net Tax Capacity Real Estate $33,031,992 Personal Property 193,291 Net Tax Capacity $33,225,283 Less: Captured Tax Increment Tax Capacity2 (1,912,890) Fiscal Disparities Contribution3 (3,670,779) Taxable Net Tax Capacity $27,641,614 Plus: Fiscal Disparities Distribution3 4,481,308 Adjusted Taxable Net Tax Capacity $32,122,922 1 According to the Minnesota Department of Revenue, the Assessor's Estimated Market Value (the "AEMV") for the City of New Hope (the "City") is about 93.69% of the actual selling prices of property most recently sold in the City. The sales ratio was calculated by comparing the selling prices with the AEMV. Dividing the AEMV of real estate by the sales ratio and adding the AEMV of personal property and utility, railroads and minerals, if any, results in an Economic Market Value ("EMV") for the City of $2,935,111,940. 2 The captured tax increment value shown above represents the captured net tax capacity of tax increment financing districts in the City. 3 Each community in the seven-county metropolitan area contributes 40% of the growth in its commercial- industrial property tax base to an area pool which is then distributed among the municipalities on the basis of population, special needs, etc. Each governmental unit makes a contribution and receives a distribution-- sometimes gaining and sometimes contributing net tax capacity for tax purposes. City of New Hope, Minnesota Page 3 Municipal Secondary Market Disclosure Annual Report Date of Report: July 31, 2023 TREND OF VALUATIONS Levy Year Assessor's Estimated Market Value Assessor's Taxable Market Value Net Tax Capacity1 Adjusted Taxable Net Tax Capacity2 Percent Increase/Decrease in Estimated Market Value 2018/19 $1,921,182,700 $1,831,436,951 $25,296,074 $23,074,453 7.15% 2019/20 2,106,273,300 2,021,382,123 27,383,824 25,362,003 9.63% 2020/21 2,257,016,100 2,177,389,934 27,338,807 27,085,553 7.16% 2021/22 2,382,189,700 2,308,596,615 28,720,529 28,373,044 5.55% 2022/23 2,747,910,400 2,693,654,510 33,225,283 32,122,922 15.35% Source:Current Property Valuations and Trend of Valuations have been furnished by Hennepin County. DEBT DIRECT DEBT3 General Obligation Debt (see schedules following) Total G.O. debt secured by tax abatement revenues $14,015,000 Total G.O. debt secured by tax increment revenues 5,125,000 Total G.O. debt secured by taxes 20,295,000 Total G.O. debt secured by utility revenues 746,000 Total General Obligation Debt $40,181,000 1 Net Tax Capacity is before fiscal disparities adjustments and includes tax increment values. 2 Adjusted Taxable Net Tax Capacity is after fiscal disparities adjustments and does not include tax increment values. 3 Outstanding debt is as of April 24, 2023. City of New Hope, Minnesota Page 4 Municipal Secondary Market Disclosure Annual Report Date of Report: July 31, 2023 Ci t y  of  Ne w  Ho p e ,  Mi n n e s o t a Sc h e d u l e  of  Bo n d e d  In d e b t e d n e s s Ge n e r a l  Ob l i g a t i o n  De b t  Se c u r e d  by  Ta x  Ab a t e m e n t  Re v e n u e s (A s  of  04 / 2 4 / 2 0 2 3 ) 33 2 0 8 7 3 3 6 5 1 7 3 3 3 4 1 7 3 3 8 9 4 2 3 3 9 4 3 7 3 4 8 8 0 4 Da t e d Am o u n t Ma t u r i t y Fi s c a l  Ye a r   En d i n g P r i n c i p a l I n t e r e s t P r i n c i p a l I n t e r e s t P r i n c i p a l I n t e r e s t T o t a l  Pr i n c i p a l T o t a l  In t e r e s t T o t a l  P  & I Pr i n c i p a l   Ou t s t a n d i n g %  PaidFiscal Year  Ending 20 2 3 0 1 4 3 , 0 7 8 0 7 4 , 1 7 5 2 6 0 , 0 0 0 1 5 , 5 5 0 2 6 0 , 0 0 0 2 3 2 , 8 0 3 4 9 2 , 8 0 3 1 3 , 7 5 5 , 0 0 0 1 . 8 6 % 2023 20 2 4 54 0 , 0 0 0 2 7 5 , 3 5 6 3 0 0 , 0 0 0 1 4 2 , 3 5 0 2 7 0 , 0 0 0 1 2 , 9 5 0 1 , 1 1 0 , 0 0 0 4 3 0 , 6 5 6 1 , 5 4 0 , 6 5 6 1 2 , 6 4 5 , 0 0 0 9 . 7 8 % 2024 20 2 5 56 0 , 0 0 0 2 5 0 , 5 5 6 3 1 0 , 0 0 0 1 3 0 , 1 5 0 2 8 5 , 0 0 0 1 0 , 2 5 0 1 , 1 5 5 , 0 0 0 3 9 0 , 9 5 6 1 , 5 4 5 , 9 5 6 1 1 , 4 9 0 , 0 0 0 1 8 . 0 2 % 2025 20 2 6 58 5 , 0 0 0 2 2 1 , 9 3 1 3 2 5 , 0 0 0 1 1 7 , 4 5 0 2 9 5 , 0 0 0 7 , 4 0 0 1 , 2 0 5 , 0 0 0 3 4 6 , 7 8 1 1 , 5 5 1 , 7 8 1 1 0 , 2 8 5 , 0 0 0 2 6 . 6 1 % 2026 20 2 7 61 5 , 0 0 0 1 9 1 , 9 3 1 3 3 5 , 0 0 0 1 0 4 , 2 5 0 3 1 0 , 0 0 0 4 , 4 5 0 1 , 2 6 0 , 0 0 0 3 0 0 , 6 3 1 1 , 5 6 0 , 6 3 1 9 , 0 2 5 , 0 0 0 3 5 . 6 0 % 2027 20 2 8 64 5 , 0 0 0 1 6 6 , 8 8 1 3 5 0 , 0 0 0 9 0 , 5 5 0 1 3 5 , 0 0 0 1 , 3 5 0 1 , 1 3 0 , 0 0 0 2 5 8 , 7 8 1 1 , 3 8 8 , 7 8 1 7 , 8 9 5 , 0 0 0 4 3 . 6 7 % 2028 20 2 9 66 5 , 0 0 0 1 4 7 , 2 3 1 3 6 5 , 0 0 0 7 8 , 0 7 5 1 , 0 3 0 , 0 0 0 2 2 5 , 3 0 6 1 , 2 5 5 , 3 0 6 6 , 8 6 5 , 0 0 0 5 1 . 0 2 % 2029 20 3 0 68 5 , 0 0 0 1 2 6 , 9 8 1 3 7 5 , 0 0 0 6 6 , 9 7 5 1 , 0 6 0 , 0 0 0 1 9 3 , 9 5 6 1 , 2 5 3 , 9 5 6 5 , 8 0 5 , 0 0 0 5 8 . 5 8 % 2030 20 3 1 70 5 , 0 0 0 1 0 6 , 1 3 1 3 8 5 , 0 0 0 5 5 , 5 7 5 1 , 0 9 0 , 0 0 0 1 6 1 , 7 0 6 1 , 2 5 1 , 7 0 6 4 , 7 1 5 , 0 0 0 6 6 . 3 6 % 2031 20 3 2 73 0 , 0 0 0 8 4 , 6 0 6 3 9 5 , 0 0 0 4 3 , 8 7 5 1 , 1 2 5 , 0 0 0 1 2 8 , 4 8 1 1 , 2 5 3 , 4 8 1 3 , 5 9 0 , 0 0 0 7 4 . 3 8 % 2032 20 3 3 75 0 , 0 0 0 6 1 , 9 3 8 4 1 0 , 0 0 0 3 1 , 8 0 0 1 , 1 6 0 , 0 0 0 9 3 , 7 3 8 1 , 2 5 3 , 7 3 8 2 , 4 3 0 , 0 0 0 8 2 . 6 6 % 2033 20 3 4 77 5 , 0 0 0 3 8 , 1 0 9 4 2 0 , 0 0 0 1 9 , 3 5 0 1 , 1 9 5 , 0 0 0 5 7 , 4 5 9 1 , 2 5 2 , 4 5 9 1 , 2 3 5 , 0 0 0 9 1 . 1 9 % 2034 20 3 5 80 0 , 0 0 0 1 3 , 0 0 0 4 3 5 , 0 0 0 6 , 5 2 5 1 , 2 3 5 , 0 0 0 1 9 , 5 2 5 1 , 2 5 4 , 5 2 5 0 1 0 0 . 0 0 % 2035 8, 0 5 5 , 0 0 0 1 , 8 2 7 , 7 3 1 4 , 4 0 5 , 0 0 0 9 6 1 , 1 0 0 1 , 5 5 5 , 0 0 0 5 1 , 9 5 0 1 4 , 0 1 5 , 0 0 0 2 , 8 4 0 , 7 8 1 1 6 , 8 5 5 , 7 8 1 Ta x  Ab a t e m e n t  Bo n d s Se r i e s  20 2 1 A 03 / 1 1 / 2 0 2 1 $2 , 0 2 0 , 0 0 0 12 / 0 1 Ta x  Ab a t e m e n t  Bo n d s Se r i e s  20 1 9 A 07 / 1 8 / 2 0 1 9 $5 , 2 3 5 , 0 0 0 02 / 0 1 Ta x  Ab a t e m e n t  Bo n d s Se r i e s  20 1 8 A 12 / 2 0 / 2 0 1 8 $9 , 5 2 0 , 0 0 0 02 / 0 1 Ci t y  of  Ne w  Ho p e ,  Mi n n e s o t a Sc h e d u l e  of  Bo n d e d  In d e b t e d n e s s Ge n e r a l  Ob l i g a t i o n  De b t  Se c u r e d  by  Ta x  In c r e m e n t  Re v e n u e s (A s  of  04 / 2 4 / 2 0 2 3 ) 38 0 8 1 3 8 0 8 1 3 8 0 8 2 3 8 0 8 2 3 2 7 9 6 1 3 2 8 9 8 7 Da t e d Am o u n t Ma t u r i t y Fi s c a l  Ye a r   En d i n g P r i n c i p a l I n t e r e s t P r i n c i p a l I n t e r e s t P r i n c i p a l I n t e r e s t T o t a l  Pr i n c i p a l T o t a l  In t e r e s t T o t a l  P  & I Pr i n c i p a l   Ou t s t a n d i n g %  PaidFiscal Year  Ending 20 2 3 0 6 , 4 1 6 0 1 6 , 2 4 3 0 5 0 , 2 1 0 0 7 2 , 8 6 9 7 2 , 8 6 9 5 , 1 2 5 , 0 0 0 . 0 0 % 2023 20 2 4 26 5 , 0 0 0 9 , 7 8 5 9 0 , 0 0 0 3 0 , 9 1 0 3 8 5 , 0 0 0 9 6 , 5 7 0 7 4 0 , 0 0 0 1 3 7 , 2 6 5 8 7 7 , 2 6 5 4 , 3 8 5 , 0 0 0 1 4 . 4 4 % 2024 20 2 5 27 5 , 0 0 0 3 , 3 6 9 9 5 , 0 0 0 2 7 , 5 0 6 3 9 0 , 0 0 0 8 8 , 7 2 3 7 6 0 , 0 0 0 1 1 9 , 5 9 8 8 7 9 , 5 9 8 3 , 6 2 5 , 0 0 0 2 9 . 2 7 % 2025 20 2 6 95 , 0 0 0 2 3 , 8 4 9 4 0 0 , 0 0 0 7 9 , 7 2 5 4 9 5 , 0 0 0 1 0 3 , 5 7 4 5 9 8 , 5 7 4 3 , 1 3 0 , 0 0 0 3 8 . 9 3 % 2026 20 2 7 10 5 , 0 0 0 1 9 , 8 9 4 4 1 0 , 0 0 0 6 9 , 6 0 0 5 1 5 , 0 0 0 8 9 , 4 9 4 6 0 4 , 4 9 4 2 , 6 1 5 , 0 0 0 4 8 . 9 8 % 2027 20 2 8 10 0 , 0 0 0 1 5 , 6 4 3 4 2 0 , 0 0 0 5 8 , 7 0 0 5 2 0 , 0 0 0 7 4 , 3 4 3 5 9 4 , 3 4 3 2 , 0 9 5 , 0 0 0 5 9 . 1 2 % 2028 20 2 9 10 0 , 0 0 0 1 1 , 2 9 3 4 3 0 , 0 0 0 4 7 , 0 1 3 5 3 0 , 0 0 0 5 8 , 3 0 5 5 8 8 , 3 0 5 1 , 5 6 5 , 0 0 0 6 9 . 4 6 % 2029 20 3 0 10 0 , 0 0 0 6 , 7 4 3 4 4 5 , 0 0 0 3 4 , 4 2 5 5 4 5 , 0 0 0 4 1 , 1 6 8 5 8 6 , 1 6 8 1 , 0 2 0 , 0 0 0 8 0 . 1 0 % 2030 20 3 1 95 , 0 0 0 2 , 2 0 9 4 5 5 , 0 0 0 2 0 , 9 2 5 5 5 0 , 0 0 0 2 3 , 1 3 4 5 7 3 , 1 3 4 4 7 0 , 0 0 0 9 0 . 8 3 % 2031 20 3 2 47 0 , 0 0 0 7 , 0 5 0 4 7 0 , 0 0 0 7 , 0 5 0 4 7 7 , 0 5 0 0 1 0 0 . 0 0 % 2032 54 0 , 0 0 0 1 9 , 5 7 0 7 8 0 , 0 0 0 1 5 4 , 2 8 8 3 , 8 0 5 , 0 0 0 5 5 2 , 9 4 0 5 , 1 2 5 , 0 0 0 7 2 6 , 7 9 8 5 , 8 5 1 , 7 9 8 Ta x  In c r e m e n t  Bo n d s Se r i e s  20 1 5 A 06 / 1 7 / 2 0 1 5 $5 , 9 6 0 , 0 0 0 02 / 0 1 Ta x a b l e  Ta x  In c r e m e n t  Re f u n d i n g   Bo n d s Se r i e s  20 1 2 B 01 / 1 1 / 2 0 1 2 $1 , 3 3 0 , 0 0 0 02 / 0 1 Ta x  In c r e m e n t  Re f u n d i n g  Bo n d s Se r i e s  20 1 2 A 01 / 1 1 / 2 0 1 2 $2 , 6 9 5 , 0 0 0 02 / 0 1 Ci t y  of  Ne w  Ho p e ,  Mi n n e s o t a Sc h e d u l e  of  Bo n d e d  In d e b t e d n e s s Ge n e r a l  Ob l i g a t i o n  De b t  Se c u r e d  by  Ta x e s (A s  of  04 / 2 4 / 2 0 2 3 ) 32 8 2 4 4 3 2 9 5 5 4 3 2 9 3 0 2 3 3 1 5 3 3 3 3 0 9 7 1 3 3 3 6 9 6 Da t e d Am o u n t Ma t u r i t y Fi s c a l  Ye a r   En d i n g P r i n c i p a l I n t e r e s t P r i n c i p a l I n t e r e s t P r i n c i p a l I n t e r e s t T o t a l  Pr i n c i p a l T o t a l  In t e r e s t T o t a l  P  & I Pr i n c i p a l   Ou t s t a n d i n g %  PaidFiscal Year  Ending 20 2 3 0 3 0 , 2 6 9 0 5 2 , 0 5 0 0 2 7 4 , 6 5 0 0 3 5 6 , 9 6 9 3 5 6 , 9 6 9 2 0 , 2 9 5 , 0 0 0 . 0 0 % 2023 20 2 4 26 0 , 0 0 0 5 6 , 6 3 8 3 0 5 , 0 0 0 9 9 , 5 2 5 1 , 0 7 5 , 0 0 0 5 2 2 , 4 2 5 1 , 6 4 0 , 0 0 0 6 7 8 , 5 8 8 2 , 3 1 8 , 5 8 8 1 8 , 6 5 5 , 0 0 0 8 . 0 8 % 2024 20 2 5 26 5 , 0 0 0 4 9 , 7 5 6 3 1 0 , 0 0 0 9 0 , 3 0 0 1 , 1 3 0 , 0 0 0 4 7 8 , 6 0 0 1 , 7 0 5 , 0 0 0 6 1 8 , 6 5 6 2 , 3 2 3 , 6 5 6 1 6 , 9 5 0 , 0 0 0 1 6 . 4 8 % 2025 20 2 6 27 0 , 0 0 0 4 3 , 7 3 8 3 2 0 , 0 0 0 8 0 , 8 5 0 1 , 1 6 5 , 0 0 0 4 3 2 , 5 2 5 1 , 7 5 5 , 0 0 0 5 5 7 , 1 1 3 2 , 3 1 2 , 1 1 3 1 5 , 1 9 5 , 0 0 0 2 5 . 1 3 % 2026 20 2 7 27 5 , 0 0 0 3 7 , 2 6 3 3 3 0 , 0 0 0 7 1 , 1 0 0 1 , 2 2 5 , 0 0 0 3 7 2 , 7 7 5 1 , 8 3 0 , 0 0 0 4 8 1 , 1 3 8 2 , 3 1 1 , 1 3 8 1 3 , 3 6 5 , 0 0 0 3 4 . 1 5 % 2027 20 2 8 28 5 , 0 0 0 3 0 , 2 6 3 3 4 0 , 0 0 0 6 1 , 0 5 0 1 , 2 8 5 , 0 0 0 3 2 2 , 8 7 5 1 , 9 1 0 , 0 0 0 4 1 4 , 1 8 8 2 , 3 2 4 , 1 8 8 1 1 , 4 5 5 , 0 0 0 4 3 . 5 6 % 2028 20 2 9 29 0 , 0 0 0 2 2 , 3 5 0 3 5 0 , 0 0 0 5 0 , 7 0 0 1 , 3 2 5 , 0 0 0 2 8 3 , 7 2 5 1 , 9 6 5 , 0 0 0 3 5 6 , 7 7 5 2 , 3 2 1 , 7 7 5 9 , 4 9 0 , 0 0 0 5 3 . 2 4 % 2029 20 3 0 29 5 , 0 0 0 1 3 , 5 7 5 3 6 0 , 0 0 0 4 0 , 0 5 0 1 , 3 6 5 , 0 0 0 2 3 6 , 5 5 0 2 , 0 2 0 , 0 0 0 2 9 0 , 1 7 5 2 , 3 1 0 , 1 7 5 7 , 4 7 0 , 0 0 0 6 3 . 1 9 % 2030 20 3 1 30 5 , 0 0 0 4 , 5 7 5 3 7 5 , 0 0 0 2 9 , 0 2 5 1 , 4 2 0 , 0 0 0 1 8 0 , 8 5 0 2 , 1 0 0 , 0 0 0 2 1 4 , 4 5 0 2 , 3 1 4 , 4 5 0 5 , 3 7 0 , 0 0 0 7 3 . 5 4 % 2031 20 3 2 38 5 , 0 0 0 1 7 , 6 2 5 1 , 4 7 5 , 0 0 0 1 2 2 , 9 5 0 1 , 8 6 0 , 0 0 0 1 4 0 , 5 7 5 2 , 0 0 0 , 5 7 5 3 , 5 1 0 , 0 0 0 8 2 . 7 1 % 2032 20 3 3 39 5 , 0 0 0 5 , 9 2 5 1 , 5 3 5 , 0 0 0 7 0 , 4 2 5 1 , 9 3 0 , 0 0 0 7 6 , 3 5 0 2 , 0 0 6 , 3 5 0 1 , 5 8 0 , 0 0 0 9 2 . 2 1 % 2033 20 3 4 1, 5 8 0 , 0 0 0 2 3 , 7 0 0 1 , 5 8 0 , 0 0 0 2 3 , 7 0 0 1 , 6 0 3 , 7 0 0 0 1 0 0 . 0 0 % 2034 2, 2 4 5 , 0 0 0 2 8 8 , 4 2 5 3 , 4 7 0 , 0 0 0 5 9 8 , 2 0 0 1 4 , 5 8 0 , 0 0 0 3 , 3 2 2 , 0 5 0 2 0 , 2 9 5 , 0 0 0 4 , 2 0 8 , 6 7 5 2 4 , 5 0 3 , 6 7 5 Ca p i t a l  Im p r o v e m e n t  Pl a n  Bo n d s Se r i e s  20 1 7 A 12 / 2 8 / 2 0 1 7 $1 8 , 4 3 5 , 0 0 0 02 / 0 1 St r e e t  Re c o n s t r u c t i o n  Bo n d s Se r i e s  20 1 6 A 12 / 2 9 / 2 0 1 6 $4 , 8 5 5 , 0 0 0 02 / 0 1 St r e e t  Re c o n s t r u c t i o n  Bo n d s Se r i e s  20 1 5 B 12 / 3 0 / 2 0 1 5 $3 , 8 2 5 , 0 0 0 02 / 0 1 Ci t y  of  Ne w  Ho p e ,  Mi n n e s o t a Sc h e d u l e  of  Bo n d e d  In d e b t e d n e s s Ge n e r a l  Ob l i g a t i o n  De b t  Se c u r e d  by  Ut i l i t y  Re v e n u e s (A s  of  04 / 2 4 / 2 0 2 3 ) 33 3 6 0 6 3 3 9 0 3 8 3 3 3 6 0 7 3 3 9 0 3 9 Da t e d Am o u n t Ma t u r i t y Fi s c a l  Ye a r   En d i n g P r i n c i p a l I n t e r e s t P r i n c i p a l I n t e r e s t T o t a l  Pr i n c i p a l T o t a l  In t e r e s t T o t a l  P  & I Pr i n c i p a l   Ou t s t a n d i n g %  Pa i d Fiscal  Year  Ending 20 2 3 23 , 0 0 0 1 , 4 2 2 5 5 , 0 0 0 2 , 8 9 5 7 8 , 0 0 0 4 , 3 1 7 8 2 , 3 1 7 6 6 8 , 0 0 0 1 0 . 4 6 % 2023 20 2 4 23 , 0 0 0 2 , 4 5 2 5 6 , 0 0 0 5 , 2 4 0 7 9 , 0 0 0 7 , 6 9 2 8 6 , 6 9 2 5 8 9 , 0 0 0 2 1 . 0 5 % 2024 20 2 5 23 , 0 0 0 2 , 0 6 1 5 6 , 0 0 0 4 , 6 8 0 7 9 , 0 0 0 6 , 7 4 1 8 5 , 7 4 1 5 1 0 , 0 0 0 3 1 . 6 4 % 2025 20 2 6 24 , 0 0 0 1 , 6 6 9 5 7 , 0 0 0 4 , 1 2 0 8 1 , 0 0 0 5 , 7 8 9 8 6 , 7 8 9 4 2 9 , 0 0 0 4 2 . 4 9 % 2026 20 2 7 24 , 0 0 0 1 , 2 6 0 5 8 , 0 0 0 3 , 5 5 0 8 2 , 0 0 0 4 , 8 1 0 8 6 , 8 1 0 3 4 7 , 0 0 0 5 3 . 4 9 % 2027 20 2 8 25 , 0 0 0 8 5 2 5 8 , 0 0 0 2 , 9 7 0 8 3 , 0 0 0 3 , 8 2 2 8 6 , 8 2 2 2 6 4 , 0 0 0 6 4 . 6 1 % 2028 20 2 9 25 , 0 0 0 4 2 6 5 9 , 0 0 0 2 , 3 9 0 8 4 , 0 0 0 2 , 8 1 6 8 6 , 8 1 6 1 8 0 , 0 0 0 7 5 . 8 7 % 2029 20 3 0 59 , 0 0 0 1 , 8 0 0 5 9 , 0 0 0 1 , 8 0 0 6 0 , 8 0 0 1 2 1 , 0 0 0 8 3 . 7 8 % 2030 20 3 1 60 , 0 0 0 1 , 2 1 0 6 0 , 0 0 0 1 , 2 1 0 6 1 , 2 1 0 6 1 , 0 0 0 9 1 . 8 2 % 2031 20 3 2 61 , 0 0 0 6 1 0 6 1 , 0 0 0 6 1 0 6 1 , 6 1 0 0 1 0 0 . 0 0 % 2032 16 7 , 0 0 0 1 0 , 1 4 1 5 7 9 , 0 0 0 2 9 , 4 6 5 7 4 6 , 0 0 0 3 9 , 6 0 6 7 8 5 , 6 0 6 Dr i n k i n g  Wa t e r  Re v e n u e  No t e Se r i e s  20 1 3 05 / 1 3 / 2 0 1 3 $1 , 0 3 5 , 0 0 0 08 / 2 0 Wa t e r  Bo n d Se r i e s  20 1 0 03 / 2 2 / 2 0 1 0 $4 1 8 , 6 4 4 08 / 2 0 TAX LEVIES, COLLECTIONS AND RATES TAX LEVIES AND COLLECTIONS Tax Year Net Tax Levy1 Total Collected Following Year Collected to Date % Collected 2018/19 $15,253,488 $15,172,310 $15,248,321 99.97% 2019/20 16,797,376 16,662,434 16,789,419 99.95% 2020/21 17,392,896 17,351,675 17,381,570 99.93% 2021/22 18,209,371 18,157,068 18,157,068 99.71% 2022/23 19,053,985 In process of collection Property taxes are collected in two installments in Minnesota--the first by May 15 and the second by October 15.2 Mobile home taxes are collectible in full by August 31. Minnesota Statutes require that levies (taxes and special assessments) for debt service be at least 105% of the actual debt service requirem ents to allow for delinquencies. 1 This reflects the Final Levy Certification of the City after all adjustments have been made. 2 Second half tax payments on agricultural property are due on November 15th of each year. City of New Hope, Minnesota Page 9 Municipal Secondary Market Disclosure Annual Report Date of Report: July 31, 2023 TAX CAPACITY RATES1 2018/19 2019/20 2020/21 2021/22 2022/23 Hennepin County 41.861%41.084%38.210%38.535%34.542% City of New Hope 67.990%66.089%63.940%64.323%58.504% I.S.D. No. 281 (Robbinsdale Area Schools)29.909%26.477%25.529%26.507%24.092% Hennepin County Railroad Authority 1.807%1.388%1.323%1.329%1.188% Hennepin HRA 0.535%0.801%0.722%0.771%0.663% Metropolitan Council 0.659%0.616%0.631%0.659%0.576% Metro Mosquito 0.427%0.412%0.381%0.377%0.331% Metro Transit 1.456%1.433%1.256%1.204%1.066% Park Museum 0.705%0.710%0.707%0.722%0.647% Three Rivers Park District 2.961%2.859%2.793%2.787%2.473% Referendum Market Value Rates: I.S.D. No. 281 (Robbinsdale Area Schools)0.26683%0.25032%0.24121%0.21608%0.21763% Source: Tax Levies and Collections and Tax Capacity Rates have been furnished by Hennepin County. 1 After reduction for state aids. Does not include the statewide general property tax against commercial/industrial, non-homestead resorts and seasonal recreational residential property. City of New Hope, Minnesota Page 10 Municipal Secondary Market Disclosure Annual Report Date of Report: July 31, 2023 U.S. CENSUS DATA Population Trend: The City 2010 U.S. Census population 20,339 2020 U.S. Census population 21,986 Percent of Change 2010 - 2020 8.10% 2022 Metropolitan Council Population Estim ate 21,552 Source:2010 and 2020 Census of Population and Housing, U.S. Census Bureau (https://data.census.gov/cedsci), and 2022 Preliminary Population Estimates, Metropolitan Council (https://metrocouncil.org/). EMPLOYMENT/UNEMPLOYMENT DATA Rates are not compiled for individual communities within counties. Average Employment Average Unemployment Year Hennepin County Hennepin County State of Minnesota 2019 691,369 2.8%3.3% 2020 670,358 6.6%6.3% 2021 666,210 3.8%3.8% 2022 686,159 2.5%2.7% 2023, May 697,007 2.9%2.9% Source: Minnesota Department of Employment and Economic Development. City of New Hope, Minnesota Page 11 Municipal Secondary Market Disclosure Annual Report Date of Report: July 31, 2023