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TIF Projections District48
<br />Maken
<br />Projected Revenue
<br />FOR TIF VIII
<br />District VIII (2028)
<br />Balance
<br />Revenues
<br />Tax Increment
<br />Interest Earnings
<br />Total Revenue
<br />Less:
<br />Intel -Fund Loan Prn from 2001 (not booked until 2017)
<br />Intel -Fund Loan Int (4%)
<br />W Properties (Land Reimbursement)
<br />Lundeen Holdings (Phase II Reimbursement)
<br />Administrative Expenses
<br />Total Expense
<br />Decertify Dec 31, 2021
<br />Actual Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected
<br />2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
<br />730,519 907,682 695,397 579,929 562,728 590,264 894,118 1,202,530 1,515,568 1,833,301 2,155,801 2,483,138
<br />301,294 305,000 305,000 305,000 305,000 305,000 305,000 305,000 305,000 305,000 305,000 305,000
<br />11,303 13,615 10,431 8,699 8,441 8,854 13,412 18,038 22,734 27,500 32,337 37,247
<br />312,598 318,615 315,431 313,699 313,441 313,854 318,412 323,038 327,734 332,500 337,337 342,247
<br />(98,800)
<br />(16,200)
<br />(15,899)
<br />(4,536)
<br />(95,000)
<br />(20,000)
<br />(15,900)
<br />(102,752)
<br />(12,248)
<br />(15,899)
<br />(103,442)
<br />(11,558)
<br />(15,900)
<br />(100,006)
<br />(4,000)
<br />(15,899)
<br />(10,000) (10,000) (10,000) (10,000) (10,000) (10,000) (22,103)
<br />CIP Project Costs:
<br />Road Projects: Riversbend
<br />Road Projects: Chestnut Ridge, Wood Pond Hills & Hy 10
<br />Road Projects: Barthel's Rum River Acres 2nd
<br />Road Projects: Woodpond Hills 2-5th
<br />Road Projects eligibile amount per 1-17-18 Ehlers Email
<br />Maken Property Acquisition
<br />Ebony & 141st Avenue
<br />143rd Extension (also Tif 6)
<br />Engr Fees 141 & 143rd
<br />(135,435) (130,900) (130,899) (130,900) (119,905) (10,000) (10,000) (10,000) (10,000) (10,000) (10,000) (22,103)
<br />(200,000)
<br />(300,000)
<br />(200,000)
<br />(166,000)
<br />Total CIP Project Costs - (200,000) (300,000) (200,000) (166,000)
<br />Remaining TIF Balance 907,682 695,397 579,929 562,728 590,264 894,118 1,202,530 1,515,568 1,833,301 2,155,801 2,483,138 2,803,282
<br />(Total Revenue less Total Project Costs **This will be sent back to County 12-31-21
<br />Remaining Intel -Fund Loan 401,200 306,200 203,448 100,006
<br />506,482 389,197 376,481 462,722 590,264
<br />262
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