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4/20/2017
<br />0 EHLERS
<br />tOPV5 ix PV96tG rrMAxr,
<br />Bunker Lake Industrial Park
<br />City of Ramsey
<br />60,000 sq. ft. Industrial
<br />TAX INCREMENT CASH FLOW
<br />Tax Increment Cashflow - Page 3
<br />Project Original Fiscal Captured Local Annual Semi -Annual State Admin. Semi -Annual Semi -Annual
<br />% of Tax Tax Disparities Tax Tax Gross Tax Gross Tax Auditor at Net Tax Present
<br />OTC Capacity Capacity Incremental Capacity Rate Increment Increment 0.36% 10% Increment Value
<br />100% 16,313 (1,311) (5,022) 9,979 103.404% 10,318 5,159 (19) (514) 4,627
<br />5,159 (19) (514) 4,627
<br />100% 65,250 (1,311) (21,407) 42,532 103.404% 43,980 21,990 (79) (2,191) 19,720
<br />21,990 (79) (2,191) 19,720
<br />100% 65,250 (1,311) (21,407) 42,532 103.404% 43,980 21,990 (79) (2,191) 19,720
<br />21,990 (79) (2,191) 19,720
<br />100% 65,250 (1,311) (21,407) 42,532 103.404% 43,980 21,990 (79) (2,191) 19,720
<br />21,990 (79) (2,191) 19,720
<br />100% 65,250 (1,311) (21,407) 42,532 103.404% 43,980 21,990 (79) (2,191) 19,720
<br />21,990 (79) (2,191) 19,720
<br />100% 65,250 (1,311) (21,407) 42,532 103.404% 43,980 21,990 (79) (2,191) 19,720
<br />21,990 (79) (2,191) 19,720
<br />100% 65,250 (1,311) (21,407) 42,532 103.404% 43,980 21,990 (79) (2,191) 19,720
<br />21,990 (79) (2,191) 19,720
<br />100% 65,250 (1,311) (21,407) 42,532 103.404% 43,980 21,990 (79) (2,191) 19,720
<br />21,990 (79) (2,191) 19,720
<br />100% 65,250 (1,311) (21,407) 42,532 103.404% 43,980 21,990 (79) (2,191) 19,720
<br />21,990 (79) (2,191) 19,720
<br />Total 362,155 (1,304) (36,085) 324,766
<br />Present Value From 08/01/2018 Present Value Rate 4.75% 279,909 (1,008) (27,890) 251,011
<br />4,414
<br />8,726
<br />26,679
<br />44,215
<br />61,344
<br />78,075
<br />94,419
<br />110,383
<br />125,977
<br />141,209
<br />156,088
<br />170,622
<br />184,819
<br />198,686
<br />212,231
<br />225,462
<br />238,387
<br />251,011
<br />PERIOD
<br />ENDING Tax Payment
<br />Yrs. Year Date
<br />02/01/19
<br />0.5 2019 08/01/19
<br />1 2019 02/01/20
<br />1.5 2020 08/01/20
<br />2 2020 02/01/21
<br />2.5 2021 08/01/21
<br />3 2021 02/01/22
<br />3.5 2022 08/01/22
<br />4 2022 02/01/23
<br />4.5 2023 08/01/23
<br />5 2023 02/01/24
<br />5.5 2024 08/01/24
<br />6 2024 02/01/25
<br />6.5 2025 08/01/25
<br />7 2025 02/01/26
<br />7.5 2026 08/01/26
<br />8 2026 02/01/27
<br />8.5 2027 08/01/27
<br />9 2027 02/01/28
<br />Prepared by Ehlers & Associates, Inc. - Estimates Only N:\Minnsota\Ramsey1Housing - Economic - Redevelopment\TIF\TIF Districts\TIF District No. 16 - PSD\TIF Runs\TIF Run 4-5-17.xls
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