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7/3/2003
<br />EHLERS
<br />CITY OF LITTLE CANADA
<br />Page 2 of 2
<br />--
<br />.: TAX INCREMENT CASH FLOW
<br />Base
<br />PERIOD BEGINNING Tax
<br />Yrs. MIN. Yr. Capacity
<br />Project
<br />Tax
<br />Capacity
<br />Fiscal Captured Semi - Annual State
<br />Disparities Tax Gross Tax Auditor
<br />Reduction Cappelly Increment 0.36%
<br />Admin.
<br />at
<br />10.00%
<br />Semi - Annual SemLAnnual
<br />Net Tax Present
<br />Increment Value
<br />PAYMENT DATE
<br />PERIOD ENDING
<br />Yrs. Mth. Yr.
<br />0.0 02 -01 2001
<br />55250
<br />55250
<br />0.0 0801 2001
<br />0.0 0001 2001
<br />55,250
<br />55250
<br />0.0 0201 2002
<br />0.0 0201 2002
<br />55.250
<br />55,250
<br />0.0 08 -01 2002
<br />0.0 0801 2002
<br />55.250
<br />55,250
<br />00 02-01 2003
<br />0.0 0201 2003
<br />55,250
<br />55,250
<br />Present Value Dale - 8-01-03
<br />0.0 0801 2003
<br />0.0 0801 2003
<br />55,250
<br />55,250
<br />0
<br />0
<br />0
<br />0.0 02-01 2004
<br />0.0 02-01 2004
<br />0.0 0801
<br />55.250
<br />55.250
<br />0
<br />0
<br />0
<br />0.0 08 -01 2004
<br />2004
<br />0.0 C, 02 -01 2005
<br />55,250
<br />55,250
<br />55.250
<br />10],8]8 -.
<br />2042
<br />0
<br />26,202 14,87
<br />0
<br />(54)
<br />0
<br />(1,482)
<br />133 4
<br />11,9
<br />0.0 02-01 2005 •
<br />05 001ii 631,l2005;i 1.
<br />0,5 0801 2005
<br />55,250
<br />107,876
<br />26,42
<br />26,202 14,8]
<br />(54)
<br />(1.482)
<br />45,84
<br />62,52
<br />0.6
<br />15 08.01 2006
<br />1.5 0201 2006
<br />55,250
<br />218,300
<br />72,97
<br />90,080 51.14
<br />(184)
<br />(5,097)
<br />45.86
<br />00,59
<br />2.0 0801 2006
<br />2.0 0801 2007
<br />55,250
<br />218,300
<br />72,97
<br />90,080 51.14
<br />(184)
<br />(5,097)
<br />45,86
<br />137,43
<br />2.0 0201 2007
<br />2.0 0201 2007
<br />55,250
<br />218,300
<br />72,97
<br />90,080 51,14
<br />(184)
<br />(5097)
<br />45,86
<br />173,35
<br />2.5 02-01 2007
<br />2.5 0801 2007
<br />55,250
<br />218,300
<br />72,97
<br />90,080 51,14
<br />(184)
<br />(5,097)
<br />45,86
<br />203,38
<br />3.0 02-01 2008
<br />35 0201 2008
<br />55,250
<br />218.300
<br />72,97
<br />90,080 51,14
<br />(184)
<br />(5,097)
<br />45,86
<br />242,39
<br />3.5 0801 2008
<br />3.5 0801 2008
<br />55,250
<br />218,300
<br />72,97
<br />90.080 51,14
<br />(184)
<br />(5097)
<br />45,88
<br />275.59
<br />4.0 0201 2009
<br />45 0201 2009
<br />55,250
<br />218,300
<br />72,97
<br />90,080 51,14
<br />(184)
<br />(5,097)
<br />45,88
<br />307.75
<br />4.5 0001 2009
<br />4.5 02-01 2009
<br />55,250
<br />218,300
<br />72,97
<br />90.080 51,14
<br />(184)
<br />(5,097)
<br />45,86
<br />339,75
<br />5.0 0201 2010
<br />5.0 02-01 2010
<br />55,250
<br />218,300
<br />72,97
<br />90.080 51,14
<br />(184)
<br />(5.097)
<br />45,86
<br />369,12
<br />5.5 0801 2010
<br />5.5 08-01 2010
<br />55,250
<br />218,300
<br />72,97
<br />90.080 51.14
<br />(184)
<br />(5.097)
<br />4566
<br />399,35
<br />6.0 02.01 2011 1
<br />6.5 08 -01 2011
<br />55,250
<br />218,300
<br />72,97
<br />90,080 51.14
<br />(184)
<br />(5,097)
<br />45,86
<br />328.27
<br />6.5 0801 2012
<br />7.0 02-01 2011
<br />55,250
<br />218,300
<br />72.97
<br />90,080 51.14
<br />(184)
<br />(5,097)
<br />45,86
<br />456,24
<br />7.0 0201 2012
<br />7.0 08 -01 2012
<br />55,250
<br />218,300
<br />72,97
<br />90,080 51,14
<br />(184)
<br />(5,097)
<br />45,86
<br />483,84
<br />7.5 02-01 2013
<br />8,0 02 -01 2012
<br />55,250
<br />218,300
<br />72,97
<br />90,080 51.14
<br />(184)
<br />(5,097)
<br />45,86
<br />510,50
<br />8.0 02-01 2013
<br />8,0 08 -01 2013
<br />55,250
<br />218,300
<br />72,97
<br />90,080 51.14
<br />(184)
<br />(5,097)
<br />45,86
<br />510,50
<br />9.0 08-01 2013
<br />9.0 08-01 2014
<br />55,250
<br />218,300
<br />72,97
<br />90,080 51,14
<br />(184)
<br />(5.097)
<br />45,86
<br />536,44
<br />9.5 02.01 2014
<br />9.5 08-01 2014
<br />02-01
<br />55,250
<br />218,300
<br />72,97
<br />90,080 51,14
<br />(184)
<br />(5.097)
<br />45,86
<br />586,28
<br />02-01 2014
<br />2015
<br />10.0
<br />10.5 08 -01 2015
<br />55.250
<br />55.250
<br />218,300
<br />218,300
<br />72,97
<br />72,97
<br />90,080 51,14
<br />90,080 51,14
<br />(184)
<br />(184)
<br />(5,097)
<br />(5,097)
<br />45,88
<br />45,88
<br />6110,29
<br />633,17
<br />10.0
<br />10.5 0201 2015
<br />10.5 0801 2015
<br />11.0 0801 2015
<br />55,250
<br />218,300
<br />72,97
<br />90,080 51,14
<br />(184)
<br />(5,097)
<br />45,86
<br />65313
<br />11.5 0201 2016
<br />11.0 0201 2018
<br />55,250
<br />218,300
<br />72,97
<br />90,080 51,14
<br />(184)
<br />(5,097)
<br />45,86
<br />676.18
<br />11.5 02.01 2016
<br />12.0 02-01 2017
<br />55,250
<br />218,300
<br />72,97
<br />90,080 51,14
<br />(184)
<br />(5,097)
<br />45,86
<br />699.64
<br />12.5 0201 2017
<br />12.0 02-01 2017
<br />55,250
<br />218,300
<br />72,97
<br />90,080 51,14
<br />(184)
<br />(5,097)
<br />45,86
<br />720,53
<br />13.0 02-01 2017
<br />12.5 02-01 2017
<br />55,250
<br />218,300
<br />72,97
<br />90,080 51.14
<br />(184)
<br />(5,097)
<br />45,86
<br />720,53
<br />13.0 02-01 2018
<br />13.5 08 -01 2018
<br />55,250
<br />218,300
<br />72,97
<br />90,080 51,14
<br />(184)
<br />(5,097)
<br />45,86
<br />760,83
<br />13.0 02-01 2018
<br />14.0 0801 2018
<br />55,250
<br />218,300
<br />72,97
<br />90,080 51,14
<br />(184)
<br />(5,097)
<br />45,86
<br />779,89
<br />145 02-01 2019
<br />14.0 0201 2019
<br />55,250
<br />218,300
<br />72,97
<br />90,080 51,14
<br />(184)
<br />(5,097)
<br />45,86
<br />798,63
<br />15.0 02-01 2020
<br />15.0 02-01 2019
<br />55,250
<br />218,300
<br />72,97
<br />90,080 51,14
<br />(184)
<br />(5,097)
<br />45,86
<br />798,63
<br />155 08 -01 2020
<br />15.5 02-01 2020
<br />55,250
<br />218,300
<br />72,97
<br />90,080 51,14
<br />(184)
<br />(5,097)
<br />45,86
<br />834,66
<br />16.0 0801 2020
<br />15.5 0801 2020
<br />55,250
<br />218,300
<br />72.97
<br />90.080 51,14
<br />(634)
<br />{5,867)
<br />42,76
<br />834.61
<br />16.0 0201 2021
<br />Totals
<br />1,930,709 (6351)
<br />(2,735)
<br />1,834.614
<br />Present Value Date - fl.01 -03
<br />930]00 (4351)
<br />(5 192,]35)
<br />834.614
<br />NOTES:
<br />1. 161196ion on tax rates cannot be captured
<br />2. TIF does not capture statewide properly taxes or morknt Valpp property 10005
<br />NnenI AUrXel Value • 600,
<br />0 a Value -Est.
<br />Dmereaco
<br />Present Valise of Increment
<br />Difference
<br />Value Likely to Occur W11M01 ma mooeceti0 .010 Than:
<br />2,800,000
<br />10 990 000
<br />8,190,000
<br />0,700
<br />00
<br />300
<br />Praparod 67861trs plant
<br />
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