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TIF Projections District #14-COR
<br />Projected Revenue
<br />FOR TIF XIV
<br />District 14
<br />Balance
<br />Revenues
<br />TIF Increments
<br />Bond Proceeds F&C Bond
<br />Excess Interest on F&C Bond if Pay off City 1-31-15
<br />Interfund Loan - TIF #2
<br />Interest Earnings
<br />Total Revenue
<br />Actual
<br />2011
<br />Expenditures
<br />City Fees F&C Interfund Loan Dec 2010
<br />Admin Expenses $500,000 Interfund Loan Dec 2011
<br />City Costs to be reimbursed
<br />F&C Draws from Bond
<br />Interest on Interfund Loan Est - 4%(2011-2013)
<br />Total Expenditures
<br />CIP Project Costs:
<br />RTC Bunker (Armstrong to Bunker Lake Blvd)
<br />Zeolite Street
<br />Total CIP Project Costs
<br />(33,151)
<br />Actual
<br />2012
<br />Actual
<br />2013
<br />(33,151) (2,781,867)
<br />6,825, 738
<br />Projected
<br />2014
<br />Projected
<br />2015
<br />(2,840,479) (2,387,321)
<br />538,035
<br />(233) (42,607) (35,810)
<br />Projected
<br />2016
<br />Projected
<br />2017
<br />(2,423,131) (6,359,478)
<br />(36,347) (95,392)
<br />Projected
<br />2018
<br />Projected
<br />2019
<br />(6,454,870) (6,551,693)
<br />(96,823) (98,275)
<br />6,825,738 (233) 495,428 (35,810) (36,347) (95,392) (96,823) (98,275)
<br />(2,443,202)
<br />(306,252)
<br />(6,825,000)
<br />(33,151) (9,574,454)
<br />0
<br />(41,639) (42,269)
<br />(16, 741)
<br />(58,380) (42,269)
<br />(3,500,000) *
<br />(400,000) *
<br />0 - - - (3,900,000)
<br />RemainingTlFBalance (33,151) (2,781,867) (2,840,479) (2,387,321) (2,423,131) (6,359,478) (6,454,870) (6,551,693) (6,649,968)
<br />NEED TO DETERMINE WHAT CITY FUNDS NEED TO BE PAID BACK FROM TIF 14
<br />*Issue Road Recon Debt if no land/TIF proceeds
<br />Page 217
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