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TIF Projections District #2 - Gateway
<br />(2013)
<br />Actual Actual Actual Actual Projected Projected Projected Possible
<br />2007 2008 2009 2010 2011 2012 2013 Projects
<br />Revenues
<br />TIF Increments on agreements 1,511,247 1,597,314 1,713,092 1,778,780 1,437,582 1,437,582 1,437,582
<br />Land Sale -Brown 38,653
<br />Land Sale -Ace 278,749
<br />Sparkle Pool Rent 1,500
<br />Spohn Property Resale 438,242
<br />St. Paul Terminal Net Sale 5,000
<br />Interest Earnings(2000 neg int adj for borrowing) 36,451.96 71,906.17 80,303.68 122,918.08 67,028.93 23,737.12 24,765.80
<br />Total Revenue $1 992,,41 Si 986 623 11.793_395. $1.901.698 $15504.611 $1.461.319. $1.462.348
<br />Expenses
<br />Sauter Land Purchase Bond Int (Fund 329 $1,680,C (12,697) (2,088) (7,152) (3,993) (608)
<br />Sauter Land Purchase Bond Prin (Fund 329 $1,68C (42,300) (45,000) (48,600) (51,300) (9,000)
<br />Parabody Pay-Go(site impr) (20,264) (20,264) (20,264) (20,264) (20,264) (20,264) (20,264)
<br />Well #5-Bond Prin (Fund 328 $1,695,000 bond) (450,000)
<br />Well #5 Bond int (Fund 328 $1,695,000 Bond) (24,075) (24,075) (12,038)
<br />Bond Interest (Fund 323/335 $2,600,000 Bond) (21,315) (16,334) (10,468) (3,644)
<br />Bond Principal (Fund 323/335 $2,600,000 Bond) (250,000) (255,000) (265,000) (265,000)
<br />Trunk Charges Systematic (210,000)
<br />Sac/Wac misc projects(estimated 12-31-01) (500,000)
<br />Sharp S&W Trunk Fees (95,611)
<br />Sharp Reimbursement -Sunfish Gateway (46,875) (46,875) (46,875) (46,875) (46,875)
<br />Sharp Storm Water Mgmt Fee (35,029)
<br />Precise Metalcraft(Storm, Sewer, Water) (29,163)
<br />Debt Service from TIF 8 (41,062) (84,577) (52,385) (82,476) (82,476) (82,746)
<br />F&C City Fees(Spending Plan) (2,444,000)
<br />Sharp -Duncan Project
<br />Administrative Expenses (87,238) (38,972) (35,133) (13,960) (40,000) (40,000) (40,000)
<br />Total Expense (3504,764) ($489,669) ($980,1071 ($457,422) ($3,013,026) ($142,7401 ($643,010)
<br />AVAILABLE REVENUES $1,487,676 $1,496,954 $813,288 $1,444,276 ($1,508,415) $1,318,579 $819,338
<br />CIP Project Costs:
<br />Bury Carlson Land (159,905)
<br />Command/National Growth -Minks Property (25,000) (25,000) (25,000)
<br />141st Avenue Road Construction (35,609)
<br />142nd Court Street Improvements (B&A Cyl) (325,000)
<br />Internal Loan from TIF 14 forAdmin Fees F&C project (89,069) (410,931)
<br />Brothers Property
<br />Johnson Brothers
<br />Healthquest
<br />D & P Properties
<br />Site Impr such as demos on basalt (143,317)
<br />Perkins Property
<br />Parks Acquisition (17,500)
<br />Pond Reim -Tag Machine (19,360)
<br />Sparkle Pool (310,400)
<br />Brown (277,000) (4,500)
<br />McKinley Street (14,218) (6,601) (1,250,000)
<br />County Road #116 (#47 toDysprosium) (600,000)
<br />County Road #116 (Dysprosium to County #57) (58,225) (41,775)
<br />Total CIP Project Costs (470,144) (523,906) (102,584) (114,069) (1,377,706) (1,250,000)
<br />**'Projects complete or to be completed
<br />***Projects as placeholders only
<br />(Available Revenue less Total Project Costs) $1,017,532 $973,048 $710,704 $1,330,207 ($2,886,1211 $68,579
<br />Remaining TIF Balance/(Deficit) $1,454,636
<br />$2,427,684 $3,138,388
<br />$819,338
<br />$4,468,595 $1,582,474 $1,651,054 $2,470,391
<br />(600,000)
<br />(415,300)
<br />(800,000)
<br />(700,000)
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