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Exhibit IV
<br /> Projected Tax Increment Report
<br /> City of Hugo, Minnesota
<br /> Tax Increment Financing(Redevelopment) District No.1-2
<br /> Downtown Redevelopment Project
<br /> Scenario A;Total EMV
<br /> Less: Less: Retained Times: Less: Less:
<br /> Annual Total Original Fiscal Captured Tax Annual+ State Aud. Admin. Annual
<br /> Period Net Tax Net Tax Disp. @ Net Tax Capacity Gross Tax Deduction Retainage Net
<br /> Ending Capacity Capacity 0.0000% Capacity Rate Increment 0.360°x6 10.00% Revenue
<br /> 1 2 3 4 5 6 7 8 9 10
<br /> 12/31/07 427,741 427,741 0 0 82.985% 0 0 0 0
<br /> 12/31/08 427,741 427,741 0 0 82.985% 0 0 0 0
<br /> 12/31/09 427,741 427,741 0 0 :> 82.985% 0 0 0 0
<br /> 12/31/10 585,877 427,741 0 158,136 .82.985°/x, 131,229 472 13,076 117,681
<br /> 12/31/11 699,322 427,741 0 271,581 82.98594 225,371 811 22,456 202,104
<br /> 12/31/12 815,602 427,741 0 387,861 6205%` 321,867 1,159 32,071 288,637
<br /> 12/31/13 934,790 427,741 0 507,049 82.98594 420,775 1,515 41,926 377,334
<br /> 12/31/14 1,294,422 427,741 0 "•866081 82.985% 719,215 2,589 71,663 644,963
<br /> 12/31/15 1,663,044 427,741 0 1;235`,303 82.9859% 1,025,116 3,690 102,143 919,283
<br /> 12/31/16 2,040,882 427,741 0 1,61314182.985% 1,338,665 4,819 133,385 1,200,461
<br /> 12/31/17 2,428,166 427,741 0 2,000,425 82.885% 1,660,053 5,976 165,408 1,488,669
<br /> 12/31/18 2,478,195 427,741 0 2,050,454 82.885°/6 1,701,570 6,126 169,544 1,525,900
<br /> 12/31/19 2,529,476 427,741 0 2,101,735 82.9850/0` 1,744,124 6,279 173,785 1,564,060
<br /> 12/31/20 2,582,038 427,741 Q 2,154,297 82.985% 1,787,743 6,436 178,131 1,603,176
<br /> 12/31/21 2,635,914 427,741 0 2,208173" 82.985% 1,832,452 6,597 182,586 1,643,269
<br /> 12/31/22 2,691,137 427,741 0 2,263,396 82.985% 1,878,279 6,762 187,152 1,684,365
<br /> 12/31/23 2,747,741 427,741 ' 0 2,320,000 82.985% 1,925,252 6,931 191,832 1,726,489
<br /> 12/31/24 2,805,759 427,741 0 2,378,018 82.985% 1,973,398 7,104 196,629 1,769,665
<br /> 12/31/25 2,865,229 427,741 0 2,437,488 82.985% 2,022,749 7,282 201,547 1,813,920
<br /> 12/31/26 2,926,184 427,741 0 "`2,498:;443 82.985% 2,073,333 7,464 206,587 1,859,282
<br /> 12/31/27 2,988,664 427,741 .0 2,580;923 82.985% 2,125,182 7,651 211,753 1,905,778
<br /> 12/31/28 3,052,706 427,741 0 2,624,965' 82.985% 2,178,327 7,842 217,049 1,953,436
<br /> 12/31/29 3,118,349 427,741 0 2,690,608 82.985% 2,232,801 8,038 222,476 2,002,287
<br /> 12/31/30 3,185,633 427,741 0 2,757,892 82.985% 2,288,637 8,239 228,040 2,052,358
<br /> 12/31/31 3,254,599"" 427,741 0 2,826,858 82.985°x6 2,345,868 8,445 233,742 2,103,681
<br /> 12/31/32 3,325,289>, 427,741 0 2,897,548 82.985% 2,404,530 8,656 239,587 2,156,287
<br /> 12/31/33 3,397,747 427,741 0 2,970,006 82.985% 2,464,659 8,873 245,579 2,210,207
<br /> 12/31/34 3,472,016 427,741 0 3,044,275 82.985% 2,526,291 9,095 251,720 2,265,476
<br /> 12/31/35 3,548,141 427,741 0 3,120,400 82.985% 2,589,464 9,322 258,014 1 2,322,128
<br /> $43,936,950 $158,173 $4,377,881 $39,40 896
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