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5
<br />Highlights
<br />•Captured Tax Increment net tax capacity consistently around 5.0% of City tax base
<br />2024 projected to be at 5.1% with final year of TIF 7-2 and first year of TIF 7-3
<br />Projected Captured Net Tax Capacity
<br />FINAL
<br />2018 2019 2020 2021 2022 2023 2024 2025 2026
<br />Current Districts
<br />TIF 3-3 Lodge/Garden Terrace 191,288 216,816 224,836 269,546 274,937 280,436 286,044 291,765 297,601
<br />TIF 5-1 St. Jude Medical 250,423 242,471 219,561 237,531 242,282 247,127 252,070 257,111 0
<br />TIF 6-1 Masterpiece Homes 75,355 81,208 81,115 84,556 86,247 87,972 89,732 91,526 93,357
<br />TIF 7-1 Suite Living 17,005 74,771 76,266 77,792 79,348 80,935 82,553
<br />TIF 7-2 Bix Produce 5,164 52,466 53,515 54,586 55,677 0 0
<br />TIF 7-3 Owasso Warehouse 87,666 90,496 93,411
<br /> Total Captured *517,066 540,495 547,681 718,870 733,247 747,912 850,537 811,833 566,921
<br />Total Tax Capacity (Gross) *12,789,965 13,689,842 14,356,494 15,704,414 16,018,502 16,338,872 16,665,650 16,998,963 17,338,942
<br />Percentage of Tax Base in TIF 4.0%3.9%3.8%4.6%4.6%4.6%5.1%4.8%3.3%
<br />* - Assumes 2% annual increase in tax base and TIF
<br />Captured TIF Tax Capacity Actual Projected
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