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TIF Projections District #2 - Gateway
<br />(2013)
<br />Revenues
<br />TIF Increments on agreements
<br />Internal Loan From Landfill Trust for RAIL ROW
<br />Transfer of Int earnings prior to 1997 to HRA
<br />Interest Earnings(2000 neg int adj for borrowing)
<br />Total Revenue
<br />Actual Actual Actual Projected Projected
<br />2009 2010 2011 2012 2013
<br />$ 1,713,092 $ 1,778,780 $ 1,823,891 $ 1,437,582 $ 1,437,582
<br />1,811,000
<br />(41,387)
<br />80,303.68 122,918.08 111,750.72 80,114.47 (7,060.38)
<br />$1,793,395 $1,901,698 $1,894,255 $3,328,696 $1,430,522
<br />Expenses
<br />Sauter Land Purchase Bond Int (Fund 329 $1,680,000 Bond-18% of bond) (7,152) (3,993) (608)
<br />Interest Correction from 2003
<br />Sauter Land Purchase Bond Prin (Fund 329 $1,680,000 Bond-18% of bond) (48,600) (51,300) (9,000)
<br />Parabody Pay-Go(site impr) (20,264) (20,264) (20,264)
<br />*** Well #5-Bond Prin (Fund 328 $1,695,000 bond) (450,000)
<br />Well #5 Bond Int (Fund 328 $1,695,000 Bond) (12,038)
<br />Bond Interest (Fund 323/335 $2,600,000 Bond) (10,468) (3,644)
<br />Bond Principal (Fund 323/335 $2,600,000 Bond) (265,000) (265,000)
<br />Sharp Reimbursement -Sunfish Gateway (46,875) (46,875) (46,875)
<br />Debt Service from TIF 8 (84,577) (52,385)
<br />F&C City Fees(Spending Plan)
<br />Sharp -Duncan Project
<br />Administrative Expenses (35,133) (13,960) (18,438)
<br />Total Expense ($980,107) ($457,422)
<br />AVAILABLE REVENUES $813,288 $1,444,276
<br />(20,264) (20,264)
<br />(82,476) (82,746)
<br />(2,443,202)
<br />(40,000) (40,000)
<br />($95,184) ($2,585,942) ($143,010)
<br />$1,799,071 $742,754 $1,287,512
<br />CIP Project Costs:
<br />Bury Carlson Land
<br />Brown Property
<br />Command/National Growth -Minks Property (25,000) (25,000) (25,000)
<br />141st Avenue Road Construction
<br />142nd Court Street Improvements (B&A Cyl) (325,000)
<br />Internal Loan from TIF 14 for Admin Fees F&C project (89,069) (126,701) (286,416)
<br />RAIL Stop (See Internal Loan From Above) (3,890,000)
<br />Internal Loan from Landfill TRUST -Principal for RAILSTOP ROW (1,200,000) (611,000)
<br />Internal Loan from Landfill TRUST -Interest 2% for RAILSTOP ROW (36,220) (12,220)
<br />Pond Reim -Tag Machine (19,360)
<br />County Road #116 (#47 toDysprosium) (450,000) (600,000)
<br />Sunwood Drive Realignment (500,000)
<br />County Road #116 (Dysprosium to County #57) (58,225) (41,775)
<br />Total CIP Project Costs (102,584) (114,069) (926,701) (6,554,411) (623,220)
<br />** *Projects complete or to be completed
<br />***Projects as placeholders only
<br />(Available Revenue less Total Project Costs) $710,704 $1,330,207 $872,370 ($5,811,657) $664,292
<br />Remaining TIF Balance/(Deficit) $3,138,388 $4,468,595 $5,340,965 ($470,692) $193,600
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