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6/9/2003
<br />el
<br />EHLERS
<br />CITY OF LITTLE CANADA
<br />Page 2 of 2
<br />NOTES:
<br />1. Inflation on tax rates cannot be captured,
<br />2. TIF does not capture state wide property taxes or market value property taxes
<br />9L1T1 FtiR N�Lrl9j4
<br />Current Marken/aloe • E51.
<br />New Market Value - Est_
<br />Deference
<br />Pre,enl Value of Tax Increment
<br />Difference
<br />Whie Likely to Occur Mica Tae Inneinenl is Less Than:
<br />2,800000
<br />15290.000
<br />8.190 000
<br />930,700
<br />259.300
<br />7259390
<br />Prepared by Ehlers plan'
<br />TAX INCREMENT CASH FLOW
<br />..
<br />Base Project
<br />PERIOD BEGINNING Tax Tax
<br />Yrs. M0. Yr. Ca •adl Ca•acit
<br />F a' Captured Semi-Annual Stale
<br />Disparities Tax Gross Tax Auditor
<br />Redriction 0a•ecit Increment 0.3614
<br />Ad in
<br />at
<br />10.00%
<br />Semi-Annual S
<br />Net Tax
<br />Increment
<br />mi- Annual
<br />Present
<br />Value
<br />PAYMENT DATE
<br />PERIOD ENDING
<br />Yrs, Milt
<br />_
<br />Yr.
<br />0.0
<br />0201
<br />2001
<br />55,250
<br />55,250
<br />00 0801
<br />2001
<br />0.0
<br />0801
<br />2001
<br />55,250
<br />55,250
<br />00 0201
<br />2002
<br />0.0
<br />0201
<br />2002
<br />55,250
<br />55,250
<br />0.0 08 -01
<br />2002
<br />0.0
<br />08-01
<br />2002
<br />55,250
<br />55250
<br />0.0 0201
<br />2003
<br />0.0
<br />02-01
<br />2003
<br />55.250
<br />55250
<br />Present Value Date- 8.01 -03
<br />0.0 0801
<br />2003
<br />0.0
<br />08 -01
<br />2003
<br />55,250
<br />55.250
<br />0
<br />0
<br />0
<br />00 0201
<br />2004
<br />0.0
<br />02 -01
<br />2004
<br />55 250
<br />55.250
<br />0
<br />0
<br />0
<br />00 0801
<br />2004
<br />0.0 08.01
<br />2004 55 250
<br />55 250
<br />0
<br />0
<br />0
<br />0 0 0201
<br />2005
<br />0.91:' jj0201'
<br />21/083,993991,15,95189,11,91939, '
<br />107,676:
<br />26,42
<br />26,20
<br />148 7
<br />(54)
<br />(1482)
<br />13,342
<br />1197
<br />00 0801'
<br />0.5
<br />0801
<br />2005
<br />55,250
<br />107,876
<br />26,42
<br />26,20
<br />14,87
<br />(54)
<br />(1482)
<br />13.342
<br />23,62
<br />1.0 02 -01
<br />,2005
<br />2006
<br />1,0
<br />0201
<br />2006
<br />55,250
<br />218.300
<br />72,97
<br />90,08
<br />51,14
<br />(184)
<br />(5,097)
<br />45,869
<br />62,59
<br />1.5 0801
<br />2006
<br />1.5
<br />0801
<br />2006
<br />55,250
<br />218,300
<br />7297
<br />90,08
<br />51,14
<br />(104)
<br />(5,097)
<br />45,869
<br />100,53
<br />2.0 0201
<br />2007
<br />2.0
<br />0201
<br />2007
<br />55.250
<br />218,300
<br />72,97
<br />90,08
<br />51,14
<br />(184)
<br />(5,097)
<br />45,869
<br />137,45
<br />2.5 0801
<br />2007
<br />2.5
<br />0801
<br />2007
<br />55,250
<br />218.300
<br />72,97
<br />90,08
<br />51,14
<br />(184)
<br />(5,097)
<br />45,869
<br />173,38
<br />3.0 02-01
<br />2008
<br />3.0
<br />0201
<br />2008
<br />55,250
<br />218,300
<br />72,97
<br />90,08
<br />51,14
<br />(184)
<br />(5,097)
<br />45,869
<br />208.35
<br />3.5 0801
<br />2008
<br />3.5
<br />0801
<br />2008
<br />55,250
<br />218,300
<br />72,97
<br />90,08
<br />51,14
<br />(184)
<br />(5,097)
<br />45,869
<br />242,39
<br />4.0 02.01
<br />2009
<br />4.0
<br />02-01
<br />2009
<br />55.250
<br />218,300
<br />72,97
<br />9008
<br />51,14
<br />(184)
<br />(5,097)
<br />45.869
<br />275,51
<br />4.5 0801
<br />2009
<br />4.5
<br />0801
<br />2009
<br />55.250
<br />218,300
<br />72.97
<br />90,08
<br />51,14
<br />(184)
<br />(5.097)
<br />45,869
<br />307,75
<br />5.0 0201
<br />2010
<br />5.0
<br />0201
<br />2010
<br />55,250
<br />218,300
<br />72,97
<br />90,08
<br />51,14
<br />(184)
<br />(5.097)
<br />45.869
<br />339,12
<br />5.5 0801
<br />2010
<br />5,5
<br />08 -01
<br />2010
<br />55,250
<br />218,300
<br />72,97
<br />90,08
<br />51,14
<br />(184)
<br />(5,097)
<br />45.869
<br />369,55
<br />6.0 02.01
<br />2011
<br />6.0
<br />02 -01
<br />2011
<br />55,250
<br />218.300
<br />72,97
<br />90,08
<br />51,14
<br />(184)
<br />(5.097)
<br />45,869
<br />399,37
<br />6.5 08-01
<br />2011
<br />6.5
<br />0801
<br />2011
<br />55,250
<br />218,300
<br />72,97
<br />90,08
<br />51,14
<br />(184)
<br />(5,097)
<br />45,869
<br />428.29
<br />7.0 0201
<br />2012
<br />7.0
<br />02 -01
<br />2012
<br />55,250
<br />218,300
<br />72,97
<br />90,08
<br />51.14
<br />(184)
<br />(5,097)
<br />45,869
<br />45644
<br />7.5 08-01
<br />2012
<br />7.5
<br />0801
<br />2012
<br />55,250
<br />218,300
<br />72.97
<br />90,08
<br />51,14
<br />(184)
<br />(5,097)
<br />45,869
<br />483,84
<br />8.0 0201
<br />2013
<br />8.0
<br />0201
<br />2013
<br />55,250
<br />218,300
<br />72,97
<br />90,08
<br />51,14
<br />(184)
<br />(5097)
<br />45,869
<br />510,50
<br />8.5 08-01
<br />2013
<br />8.5
<br />0801
<br />2013
<br />55,250
<br />218,300
<br />72,97
<br />90,00
<br />51,14
<br />(184)
<br />(5,097)
<br />45,860
<br />536,44
<br />9.0 0201
<br />2014
<br />9.0
<br />02 -01
<br />2014
<br />55,250
<br />218.300
<br />72.97
<br />90.08
<br />51,14
<br />(184)
<br />(5.097)
<br />45,869
<br />56170
<br />9.5 08 -01
<br />2014
<br />9.5
<br />0801
<br />2014
<br />55,250
<br />218,300
<br />72.97
<br />90,08
<br />51,14
<br />(184)
<br />(5,097)
<br />45,869
<br />586.28
<br />10.0 0201
<br />2015
<br />10.0
<br />0201
<br />2015
<br />55,250
<br />218.300
<br />72,97
<br />90,08
<br />51,14
<br />(184)
<br />(5,097)
<br />45.869
<br />610,19
<br />10.5 0801
<br />2015
<br />10.5
<br />00-01
<br />2015
<br />55,250
<br />218,300
<br />72,97
<br />90,08
<br />51,14
<br />(184)
<br />(5,097)
<br />45,869
<br />633,47
<br />11.0 0201
<br />2016
<br />11.0
<br />02-01
<br />2016
<br />55,250
<br />218,300
<br />72,97
<br />90,08
<br />51,14
<br />(184)
<br />(5.097)
<br />45,869
<br />656,13
<br />11.5 08-01
<br />2016
<br />11.5
<br />08-01
<br />2016
<br />55,250
<br />218,300
<br />72,97
<br />90,08
<br />51,14
<br />(184)
<br />(5,097)
<br />45,869
<br />678,18
<br />12.0 02-01
<br />2017
<br />12.0
<br />02-01
<br />2017
<br />55,250
<br />218,300
<br />72,97
<br />90.08
<br />51,14
<br />(104)
<br />(5,097)
<br />45,869
<br />699,64
<br />12.5 08-01
<br />2017
<br />12.5
<br />08-01
<br />2017
<br />55.250
<br />218,300
<br />72,9
<br />90,08
<br />51,14
<br />(184)
<br />(5,097)
<br />45,869
<br />720,53
<br />130 02-01
<br />2018
<br />13.0
<br />02-01
<br />2018
<br />55.250
<br />218,300
<br />72,97
<br />90,08
<br />51,14
<br />(184)
<br />(5,097)
<br />45,869
<br />740,85
<br />13.5 08-01
<br />2018
<br />13.5
<br />08-01
<br />2018
<br />55,250
<br />218,300
<br />72,97
<br />90,08
<br />51,14
<br />(184)
<br />(5,097)
<br />45,869
<br />760,63
<br />14.0 02-01
<br />2019
<br />14.0
<br />02 -01
<br />2019
<br />55,250
<br />218,300
<br />72,97
<br />90,08
<br />51,14
<br />(184)
<br />(5,097)
<br />45,869
<br />779,89
<br />14.5 08-01
<br />2019
<br />145
<br />08 -01
<br />2019
<br />55,250
<br />218,300
<br />72,97
<br />90,08
<br />51,14
<br />(184)
<br />(5,097)
<br />45,869
<br />798,63
<br />15.0 0201
<br />2020
<br />15.0
<br />02 -01
<br />2020
<br />55,250
<br />218,300
<br />72,97
<br />90,08
<br />51,14
<br />(184)
<br />(5,097)
<br />45,869
<br />816.86
<br />15.5 08 -01
<br />2020
<br />15.5
<br />08 -01
<br />2020
<br />55.250
<br />218,300
<br />72.97
<br />90,08
<br />51,14
<br />(184)
<br />(5,097)
<br />45.869
<br />834,61
<br />16.0 0201
<br />2021
<br />Totals
<br />1,564,23
<br />(5,631)
<br />(155,861)
<br />1,402,747
<br />Present Value 0alo' 8.01.03
<br />930,70
<br />(3,351)
<br />(92,735)
<br />834,614
<br />NOTES:
<br />1. Inflation on tax rates cannot be captured,
<br />2. TIF does not capture state wide property taxes or market value property taxes
<br />9L1T1 FtiR N�Lrl9j4
<br />Current Marken/aloe • E51.
<br />New Market Value - Est_
<br />Deference
<br />Pre,enl Value of Tax Increment
<br />Difference
<br />Whie Likely to Occur Mica Tae Inneinenl is Less Than:
<br />2,800000
<br />15290.000
<br />8.190 000
<br />930,700
<br />259.300
<br />7259390
<br />Prepared by Ehlers plan'
<br />
|