|
APPENDIX I
<br />Prepared December 8, 1981 `-'•
<br />City of Mounds View. NlnnesoG
<br />Everest Development Ltd. TIF By SPRINGSTED Incorporated
<br />Valuation Inflated 8 2%
<br />Calculation of
<br />Tax Incr-rnt Revenues
<br />Everest
<br />Development
<br />Ltd.
<br />.......................................'--"---....__......_........._._........_...----.__.....
<br />Ineligible
<br />Increment
<br />Increment
<br />Total
<br />Hill
<br />Prglected
<br />Year
<br />Tax
<br />Year of
<br />Assessed
<br />Valuation
<br />Due to
<br />Due to
<br />Cumulative
<br />Rate
<br />Hill
<br />of
<br />increment
<br />Valuation
<br />VeC z
<br />increasc
<br />Inflation Construction
<br />Increment
<br />Year
<br />Rate
<br />Coll.
<br />Revenue
<br />(I)
<br />(2)
<br />(3)
<br />(4)
<br />(5)
<br />(6)
<br />(7)
<br />(8)
<br />W
<br />(10),
<br />1988
<br />2,S80,065
<br />0
<br />0
<br />2,322.930
<br />2,322,930
<br />1989
<br />110.000
<br />1990
<br />255.522
<br />1989
<br />6,279.211
<br />0
<br />0
<br />3,699,14E
<br />6,022.076
<br />1990
<br />110.000
<br />1991
<br />662,428
<br />1990
<br />8,501,613
<br />0
<br />125,584
<br />2.096,818
<br />8,244,478
<br />1931
<br />110.000
<br />1-
<br />1991
<br />11,671.645
<br />0
<br />17D.032
<br />0
<br />8,414.510
<br />1992
<br />110.000
<br />!993
<br />925,596
<br />1992
<br />8,845.078
<br />0
<br />373,433
<br />0
<br />8,587.943
<br />1993
<br />110.000
<br />1994
<br />944,674
<br />1993
<br />9,021.980
<br />0
<br />176.902
<br />0
<br />8,764,845
<br />1994
<br />110.000
<br />1995
<br />964,133
<br />1994
<br />9,202,420
<br />0
<br />180,440
<br />0
<br />8,945.285
<br />1995
<br />110.000
<br />1996
<br />983,951
<br />1995
<br />9.386.468
<br />0
<br />184.048
<br />0
<br />9,129,333
<br />1996
<br />110.000
<br />1997
<br />1.004,227-
<br />1996
<br />9,574,197
<br />0
<br />187.729
<br />0
<br />9,317,062
<br />1997
<br />110.000
<br />1998
<br />1-024,877
<br />1997
<br />9.765.681
<br />0
<br />191.484
<br />0
<br />9,508,546
<br />1998
<br />- 110.000
<br />1999
<br />1.045,940
<br />1991
<br />91960,995
<br />0
<br />195,314
<br />0
<br />9,703.860
<br />I999
<br />110.000
<br />2000
<br />1,067,425
<br />1999
<br />10,160.215
<br />0
<br />199.220
<br />0
<br />9,903,080
<br />2000
<br />110.000
<br />2001
<br />1.089,339
<br />2000
<br />10,363.419
<br />0
<br />203.204
<br />0
<br />10,106,284
<br />2001
<br />1:O.000
<br />2002
<br />1.111.691
<br />TOTALS:
<br />0
<br />2,621.714
<br />8,118.694
<br />11,986.726
<br />Assumptions:
<br />Valuation Inflator: 2.00%
<br />First year applied: 090
<br />Hill rate Inflator: 0.00%
<br />First year applied: 2000
<br />,I
<br />7
<br />U
<br />Page 6
<br />
|