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TIF Projections District #8 <br />Maken <br />Projected Revenue Projected Projected Projected <br />FOR TIF VIII 2026 2027 2028 <br />District VIII (2028) <br />Balance 1,405,846 - 1,666,934 - 1,931,938 <br />Revenues <br />Land Proceeds - Cullinan <br />Tax Increment 250,000 250,000 2 <br />Transfer from TIF 2 to pay 20-40% bonded debt <br />Interest Eamings 21,087.69 25,004.00 28,979.06 <br />Total Revenue 271,088 275,004 278,979 <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 Maker <br />S &W Trunk- Sauter & RJM <br />Interfund Loan Prn <br />Interfund Loan Int <br />Old Castle Precast Site Impr <br />Clean up Cullinan Site <br />W Properties (Land Reimbursement) <br />Lundeen Holdings (Phase II Reimbursement) <br />Administrative Expenses <br />Total Expense <br />CIP Project Costs: <br />Total CIP Project Costs <br />Remaining TIF Balance <br />(Total Revenue less Total Project Costs <br />Note: Will need to pool increment from TIF 2 to pa <br />(10,000) <br />(10,000) (10,000) (22,103) <br />1,666,934 <br />(10,000) (22,103) <br />1,931,938 2,188,814 <br />TIF PROJECTIONS DISTRICT #8 <br />Prepared by Finance Department 11/8/2011 <br />