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TIF Projections District #8
<br />Maken
<br />Projected Revenue Projected Projected Projected Projected Projected Projected Projected Projected Projected
<br />FOR TIF VIII 2017 2018 2019 2020 2021 2022 2023 2024 2025
<br />District VIII (2028)
<br />Balance 301,596 - 530,221 - 762,275 - (50,523) - 172,820 399,513 - 645,506 - 895,189 - 1,148,617 -
<br />Revenues
<br />Land Proceeds - Cullinan
<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 4,523.94 7,953.31 11,434.13 (757.85) 2,592.30 5,992.70 9,682.59 13,427.83 17,229.25
<br />Total Revenue 254,524 257,953 261,434. 249,242 252,592 255,993 259,683 263,428 267,229
<br />Less:
<br />Principal on 920,000 GOTI Bond (Fund 330 141st8
<br />Int on 920,000 GOTI Bond(fund 330 - 141st &143rd.
<br />Principal on 1,680,000 GO Taxable(Fund 329 Mak(
<br />Interest on 1,680,000 GO Taxable(Fund 329 Makei
<br />S &W Trunk - Sauter & RJM
<br />Interfund Loan Prn (500,000)
<br />Interfund Loan Int (548,333)
<br />Old Castle Precast Site Impr
<br />Clean up Cullinan Site
<br />W Properties (Land Reimbursement) (15,899) (15,899) (15,899) (15,899) (15,899)
<br />Lundeen Holdings (Phase II Reimbursement)
<br />Administrative Expenses (10,000) (10,000) (10,000) (10,000) (10,000) (10,000) (10,000)
<br />(10,000) (10,000)
<br />Total Expense (25,899) (25,899) (1,074,232) (25,899) (25,899) (10,000)
<br />(10,000) (10,000) (10,000)
<br />CIP Project Costs:
<br />Total CIP Project Costs
<br />- 0
<br />m
<br />w
<br />w
<br />p
<br />Note: Will need to pool increment from TIF 2 to pa
<br />TIF PROJECTIONS DISTRICT #8
<br />Remaining TIF Balance 530,221 762,275 (50,523) 172,820 399,513 645,506 895,189 1,148,617 1,405,846
<br />(Total Revenue less Total Project Costs
<br />Prepared by Finance Department 11/8/2011
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