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TIF Projections District #4-Front Street
<br />Exhibit B
<br />TIF PROJECTIONS DISTRICT #4
<br />Projected Revenue Actual Actual Actual Actual Projected Projected Projected Projected
<br />FOR TIT IV 2007 2008 2009 2010 2011 2012 2013 2014
<br />District l (2014)
<br />Balance 111,168 445,849 858,342 1,349,205 321,844 458,536 599,987 443,560
<br />Revenues
<br />TIF Increments 398,146 482,859 535,185 483,351 434,573 434,573 434,573 434,573
<br />Interest Earnings 12,157.31 25,755.87 36,234.24 24,187.28 4,827.65 6,878.04 8,999.81 6,653.40
<br />Total Revenue
<br />410,303 508,615 571,419 507,539 439,401 441,451 443,573 441,226
<br />Less:
<br />GB Properties (25,000) (25,000) (25,000)
<br />Riverview Community Bank (Premier Lz (30,573) (45,860) (30,573) (30,573) (27,708)
<br />Administrative Expenses (20,049) (25,263) (24,982) (31,847) (25,000) (25,000) (10,000) (10,000)
<br />Total Expense (75,622) (96,122) (80,555) (62,420) (52,708) (25,000) (10,000) (10,000)
<br />CIP-Project Costs:
<br />Oasis Market (1,078,195)
<br />US Bank Road Easement (89,630)
<br />Street Recon (304,655) (250,000) (275,000) (250,000) (250,000)
<br />Parking Ramp
<br />Zeolite St (340,000) (340,000)
<br />Phase II streets in RTC
<br />Project Completed
<br />Total CIP Project Costs - - - (1,472,480) (250,000) (275,000) (590,000) (590,000)
<br />Remaining TIF Balance 445,849 858,342 1,349,205 321,844 458,536 599,987 443,560 284,786
<br />(Total Revenue_less Total Project Costs
<br />Noe�'0'0%o ZSf IgNacAt Ustt paid thru TIF 4/20/2011
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