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TIF Projections District #4-Front Street
<br />Projected Revenue
<br />FOR TIF IV
<br />District I (2014)
<br />Balance
<br />Decertified
<br />Actual Actual Actual Actual Actual
<br />2011 2012 2013 2014 2015
<br />321,844 420,373 304,499 335,164 181,493
<br />Actual
<br />2016
<br />204,615
<br />Actual
<br />2017
<br />Projected
<br />2018>
<br />95,544 0
<br />Revenues
<br />TIF Increments 443,706 387,854 333,195 323,946 29,155
<br />Auction Proceeds -Oasis 2,029
<br />Transfer of Int earnings prior to 1997 to HRA (52,367)
<br />Interest Earnings 9,106 6,137 (6,749) 14,173 2,441 1,967 - 0
<br />Total Revenue 402,474 393,991 326,446 338,119 31,596 1,967 - 0
<br />Less:
<br />GB Properties
<br />Riverview Community Bank (Premier Land Reim) (30,573) (14,849)
<br />TIF amendment recorded incorrectly in prior years (29,150)
<br />Administrative Expenses (11,726) (13,841) (11,347) (9,838) (8,474) (1,051) (987)
<br />Total Expense (42,299) (13,841) (11,347) (24,686) (8,474) (1,051) (30,137)
<br />CIP Project Costs:
<br />Oasis Market (11,645)
<br />US Bank Road Easement
<br />Street Recon-Annual Road Improvements-Sunwood Drir (250,000) (275,000) (275,000) (275,000)
<br />Riverdale Drive Ext Traprock-Armstrong(Road Funding?) (192,103) (109,987) (65,406)
<br />Alpine Drive Road Improvement (South of Alpine Drive in DD1) (221,024) (9,434)
<br />Total CIP Project Costs (261,645) (496,024) (284,434) (467,103) - (109,987) (65,406)
<br />Remaining TIF Balance 420,373 304,499 335,164 181,493 204,615 95,544 0 0
<br />(Total Revenue less Total Project Costs
<br />Note: 100% of Prin & interest paid thru TIF
<br />261
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