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7)28/2003
<br />ATTACHMENT B
<br />EHLErRS
<br />District Council 82 Office(rraining Facility
<br />City of Little Canada
<br />57,000 s.f. Facility
<br />District New Renovation and Renewal District
<br />County District N
<br />inflation Rale- Every Year 0.0000%
<br />Pay- As -You-Go Interest Rale: 5,5000%
<br />Note Issued Data (Present Value Data): 0•Aug -03
<br />Local Tax Rate - Frozen 103_1450% Estimated 03
<br />Fiscal Disparities Election (A - outside or O inside) B
<br />Year District was certified Pay 2004
<br />Assumes First Tax Increment For District 2005
<br />Years of Tax Increment 16
<br />Assumes Last Year of Tax Increment 2020
<br />Fiscal Disparities Ratio 33.4267% Pay 2003
<br />Fiscal Disparities Metro Wide Tax Rale 132,8850% Pay 2003
<br />Local Tax Rate- Current 103.1450% Estimate
<br />State Wide Property Tax Rate (Used for total faxes) 54.4470% Pay 2003
<br />Markel Value Tax Rale (used for total taxes) 052079% Estimate
<br />Commercial industrial Class Rate
<br />First 150,000
<br />Over 150.000
<br />Rental Class Rale
<br />Residentol Clas - Under $500,000
<br />Over 5500000
<br />Pa
<br />1.5 % -2.0% Pay 2003
<br />1.50%
<br />2.00%
<br />1.25e Pay2004
<br />1,00%
<br />1.25%
<br />Page 1 of 2
<br />BASEVALOE INFORMATION 5 ,.-
<br />PIO
<br />Pad of 31- 30'22'34-0005 2093
<br />Class Rate Alter
<br />Land Building Total Class Original After Conversion Date
<br />Address Market Value Market Value Market Value Rate Tax Capacity Conversion Tax Capacity Payable
<br />44.4,404. 330,910 100,000 430,910 15%2.0% 7,868 1.5 % -2.0% 7,868 2004
<br />Totals
<br />330.910 100,000 430.910
<br />7,060
<br />7,868
<br />Phase
<br />Use
<br />111SPROjECT:INFORMATION7157711VASSECEryiry117911311ry
<br />Total Markel Value Taxes Per Total
<br />Sq. FL/Units Sq. Ft. /Units Sq. FLIUnita Taxes
<br />Market Class Now Year Date
<br />Value Rate Tax Capacity Constructed Payable
<br />Office 32,000 86.00 53.02 96,676 2.752,000 1.5 % -20% 54,290
<br />Other 25,000 50.00 91 .78 44,482 1,250,000 20094 25.000
<br />2003 2005
<br />2003 2005
<br />TOTAL
<br />57,000
<br />141,158 4,002,000
<br />79,290
<br />Note:
<br />1. Tax estimates are based upon developer's estimates • need to be confirmed
<br />Nato:
<br />1. Assumes Fiscal Disparities Is paid from Inside the district
<br />Nor watered by TIT
<br />Prepared by Ehlers run hIghor my and no lnitallan
<br />- 4 5 -
<br />.Ln
<br />TAXCALCULATION9 15 "-
<br />Use
<br />Total
<br />Tax
<br />Capacity
<br />Local
<br />Tax
<br />Capacity
<br />Fiscal
<br />axsCapalce
<br />Tax Capacity
<br />Local
<br />Rat
<br />Rate
<br />Fiscal
<br />Disparities
<br />Tax
<br />91ro erye
<br />Property
<br />5 Rate
<br />Local as
<br />Taxes
<br />s Fiscal
<br />Disparities
<br />Taxes
<br />State-wide
<br />Property
<br />Market
<br />Value
<br />Total
<br />Taxes
<br />Other
<br />Other
<br />54,290
<br />25.000
<br />36,143
<br />52,786
<br />8.357
<br />8.357
<br />103145
<br />1.03145
<br />132885
<br />885
<br />1.32085
<br />0.54447
<br />0
<br />0.54447
<br />37,279
<br />57,446
<br />24,115
<br />11,105
<br />29,559
<br />13.612
<br />13.612
<br />1,599
<br />5,722
<br />;599
<br />96,676
<br />44,482
<br />TOTAL
<br />79,190
<br />52,706
<br />26,506
<br />1.03145
<br />132605
<br />0.54447
<br />54,446
<br />35,120
<br />43,171
<br />tlAtl
<br />141,158
<br />Nato:
<br />1. Assumes Fiscal Disparities Is paid from Inside the district
<br />Nor watered by TIT
<br />Prepared by Ehlers run hIghor my and no lnitallan
<br />- 4 5 -
<br />
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