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TIF Projections District #4-Front Street
<br />Exhibit B
<br />TIF PROJECTIONS DISTRICT #4
<br />Decertifies
<br />Projected Revenue Actual Actual Actual Projected Projected Projected Projected
<br />FOR TIF IV 2008 2009 2010 2011 2012 2013 2014
<br />District I (2014)
<br />Balance 445,849 858,342 1,349,205 321,844 361,553 491,549 (116,505)
<br />Revenues
<br />TIF Increments 482,859 535,185 483,351 434,573 434,573 434,573 434,573
<br />Auction Proceeds -Oasis 2,029
<br />Transfer of Int earnings prior to 1997 to HRA (52,367)
<br />Interest Earnings 25,755.87 36,234.24 24,187.28 4,827.65 5,423.29 7,373.24 (1,747.57)
<br />Total Revenue 508,615 571,419 507,539 389,063 439,996 441,946 432,825
<br />Less:
<br />GB Properties (25,000) (25,000)
<br />Riverview Community Bank (Premier Land F (45,860) (30,573) (30,573) (27,708)
<br />Administrative Expenses (25,263) (24,982) (31,847) (35,000) (35,000) (25,000) (10,000)
<br />Total Expense (96,122) (80,555) (62,420) (62,708) (35,000) (25,000) (10,000)
<br />CIP Project Costs:
<br />Oasis Market (1,078,195) (11,645)
<br />US Bank Road Easement (89,630)
<br />Street Recon (304,655) (275,000) (275,000) (275,000) (275,000)
<br />Parking Ramp
<br />Zeolite St (400,000)
<br />Phase II streets in RTC
<br />Alpine Drive Road Improvement (350,000)
<br />***Project Completed
<br />m Total CIP Project Costs - -- (1,472,480) (286,645) (275, 000) (1,025,000) (275, 000)
<br />ReraMriil11yEFA PAW Dept 858,342 1,349,205 I Ii§q,gla 361,553 491,549 (116,505) 31,321
<br />(Total Revenue less Total Project Costs
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