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TIF Projections District #8
<br />Maken
<br />TIF PROJECTIONS DISTRICT#8
<br />Projected Revenue Projected Projected Projected Projected Projected Projected Projected Projected Projected
<br />FOR TIF VIII 2016 2017 2018 2019 2020 2021 2022 2023 2024
<br />District VIII (2028)
<br />Balance - 34,134 - 258,747 - 486,730 - 718,132 - (95,329) - 127,342 - 353,353 - 598,654 - 847,634 -
<br />Revenues
<br />Land Proceeds- CuUnan
<br />Tax Increment 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000
<br />Transfer from TIF 2 to pay 20-40% bonded debt
<br />Interest Earnings 512.02 3,881.21 7 300 95 10,771.97 (1,429-93) 1,910.14 5,300.30 8,979.81 12,714.50
<br />Total Revenue 250,512 253,881 257,301 260,772 248,570 251,910 255,300 258,980 262,715
<br />Less:
<br />Principal on 920,000 GOTI Bond (Fund 330 141st8
<br />Inton 920,000 GOTI Bond(fund 330- 141st&143rd.
<br />Principal on 1,680,000 GO Taxable(Fund 329 Maki
<br />Interest on 1,680,000 GO Taxable(Fund 329 Makei
<br />S&W Trunk - Sauter & RJM
<br />Interfund Loan Pm (500,000)
<br />Interfund Loan Int (548,333)
<br />Old Castle Precast Site Impr
<br />Clean up Culrinan Site
<br />W Properties (Land Reimbursement) (15,899) (15,899) (15,899) (15,899) (15,899) (15,899)
<br />Lundeen Holdings (Phase 11 Reimbursement)
<br />Administrative Expenses (10,000) (10,000) (10,000) (10,000) (10,000) (10,000) (10,000) (10,000) (10,000)
<br />Total Expense (25,899) (25,899) (25,899) (1,074,232) (25,892L L_(25,899) (1 0,000) (10,000) (10,000)
<br />CIP Project Costs:
<br />Total CIP Project Costs - - - - - - - -
<br />Remaining TIF Balance 258,747 486,730 718,132 (95,329) 127,342 353,353 59 8 , 654 847,634 1,100,348
<br />(Total Revenue less Total Project Costs
<br />Note: Will need to pool increment from TIF 2 to pa
<br />Prepared by Finance Department 1119/2010
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