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TIF Projections District#8 <br />Maken <br />TIF PROJECTIONS DISTRICT #8 <br />Projected Revenue <br />Projected <br />Projected <br />Projected <br />Projected <br />FOR TIFVIII <br />2025 <br />2026 <br />2027 <br />2028 <br />District VIII (2028) <br />Balance <br />1,100,348 - <br />1,356,853 - <br />1,617,206 - <br />1,881,464 <br />Revenues <br />Land Proceeds- Cullinan <br />Tax Increment <br />250,000 <br />250,000 <br />250,000 <br />250,000 <br />Transfer from TIF 2 to pay 20-40% bonded debt <br />Interest Earnings <br />16,50522 <br />20,352.80 <br />24,258.09 <br />28,221.96 <br />Total Revenue 266,505 270,353 274,258 278,222 <br />Less: <br />Principal on 920,000 GOT] Bond (Fund 330141st8 <br />Inton 920,000 GOTI Bond(fund 330 - 141st &143rd. <br />Principal on 1,680,000 GO Taxable(Fund 329 Makr <br />Interest on 1,680,000 GO Taxable(Fund 329 Maker <br />S &W Trunk -Sauter & RJM <br />Interfund Loan Pm <br />Interfund Loan Int <br />Old Castle Precast Site Impr <br />Clean up Cullinan Site <br />W Properties (Land Reimbursement) <br />Lundeen Holdings (Phase 11 Reimbursement) <br />Admirfatrative Expenses (10,000) (10,000) (10,000) (22,103) <br />Total Expense (10,000) (10,000) (10,000) (22,103) <br />CIP Project Costs: <br />Total CIP Project Costs - - - - <br />Remaining TIF Balance 1,356,853 1,617206 1,881,464 2,137,583 <br />(Total Revenue less Total Project Costs <br />Note: Will need to pool increment from TIF 2 to pa <br />1- <br />Prepared by Finance Department 11/9/2010 <br />