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9/12/2013 <br />Commercial TIF <br />Insert Rows PROJECT INFORMATION (Project Tax Capacity) <br />Eshmatd Taxable <br />Market Value Market Value Total <br />Area/Phase New Use Per Sq. Ftahit Per Sq. Ft./Unit Sq. FtAiils <br />Marefartmrg 50 b3 h11,1100 <br />76GL <br />Total Taxable <br />Market <br />Value <br />"3,33a333 <br />3,000,000 <br />Properly <br />Tax <br />Class <br />(31 Pret <br />Project <br />Tax Capacity <br />b3,z53 <br />59,250 <br />TAX CALCULATIONS <br />New Use <br />1 Manufacturing <br />TOTAL <br />Total <br />Tax <br />Capacity <br />59,250 <br />59,250 <br />Fiscal <br />Disparities <br />Tax Capacity <br />0 <br />Local <br />Tax <br />Capacity <br />59,250 <br />59,25U <br />Local <br />Property <br />Taxes <br />94,868 <br />94,868 <br />Fiscal <br />Disparities <br />Taxes <br />0 <br />State-wide <br />Property <br />Taxes <br />31,120 <br />31,12U <br />Market <br />Value <br />Taxes <br />5,694 <br />5,694 <br />WHAT IS EXCLUDED FROM TIF? <br />Total Property Taxes <br />less State-wide Taxes <br />less Fiscal Disp. Adj. <br />less Market Value Taxes <br />less Base Value Taxes <br />Annual Gross TIF <br />131,682 <br />(31,120) <br />0 <br />(5,694) <br />(8,006) <br />86,862 <br />Developer receives <br />$.59 on the dollar <br />Property Taxes Distribution <br />Where Residential Tax Dollars Go <br />Other <br />3% <br />School TC <br />29% <br />Total <br />Taxes <br />131,682 <br />131,682 <br />Taxes Per <br />Sq. Ft./Unit <br />2.19 <br />5 <br />