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(a)For districts for which certification was requested before August 1, 1979,or after June 30, 1982 and before August 1,2001,no tax incren nt shall be used to pay any administrative expenses
<br /> for a project which exceed ten percent of the total estimted tax increment expenditures authorized by the tax increment financing plan or the total tax increment expenditures for the project,
<br /> whichever is less.
<br /> TIF 5 Print ralt- TIF 610th St&I. TIF 8 Rush Lake TiF a TIF 10 JLN TIF 11 Trainor
<br /> Donatelle 694 Prop TIF 7 2060 Nwy 13 Business Park Brfghtond•N Development bite
<br /> Administrative Cods Ted Senior Housing opine rrprtess
<br /> TEST 1: Admin per TIE Pian 400,000 500.000 370.000 480.000 270.000 350.000 80.000
<br /> I
<br /> TEST 2: Estimated 11F Admin Allowable(10%) 552.80C 630,000 463,000 555.000 343.000i 425.000 107,000
<br /> Estimated Total 71F Expenditures per TIF Plan
<br /> TEST 3: Cumulative TIF Admin Allowable(10%) 412,589 375.467 312.351 419,139 185,070 257.233 46.814
<br /> Total 71F Expenditures for the Project 4,153,737 4,043,470 3,312,081 4,503,663 3,167,719! 2 965,1871 752,558
<br /> Actual Percentage 9.9% 9.3% 9.4% 9.3% 5.9% 8.7% 8.7%
<br /> TIF 12 Harstad TIF 14 Golden 71F 15 Brighton TIF 16 2121-23 TB;17 County DE 18 TIE is ivew
<br /> Office Building Pond Corporate Park Highway 8 Road D/ Remmelle,CBD Brighton
<br /> Administrative Costs Ted interstate Wed Lumber
<br /> TEST is Admin per11F Plan 330,000 220.000 790.000 50.000 260.000 640,000 70,000'
<br /> TEST 2: Estimated TIF Admin Allowable(10%) 432.0000 590.750 2.135.000 195.001) 480.000 1,232,500 91,750
<br /> Estimated Total TIE Expenditures per TIF Plan
<br /> TEST 3: Cumulative liF Admin Allowable(10%) 210,447 181.960 850,169 ei.477 296,476 607.984 30 172
<br /> Total T1F Expenditures for the Project 2,733,916 1,840,134 9,050,159 935,760 3,i54,488 6,076,632 312,453
<br /> Actual Percentage 7.7% 9.9% 9.4% 8.7% 9.4% 10.0% 9.7%
<br /> TiF 20 Lakeview TiF 26 Brighton TB'29 BCPii
<br /> TIF 23 TIF 25 Lakeview TIF 27 Ken's TIF 28 Rice
<br /> Business
<br /> Administrative Cods Ted Park CoThomdale Plaza South gusine�Patoric Ill Market Creek Center South Lin eSoo
<br /> TEST 7: Admin per TIF Plan 1,050,000 60.000 1,000,000 1.250.000 140.000 850.000 130,000
<br /> TEST 2: Estimated TIF Admin Allowable(10%) 1,070,000 90.000 1,060,000 1,950,625 176,000 1,171,250 271,250
<br /> Estimated Total TIF Expenditures per TIF Plan
<br /> TEST 3: Cumulative T1F Admin Allowable(10%) 755.535 31.582 367.272 1.622.295 52.911 166.476 50.626
<br /> Total T1F Expenditures for the Project 8,251,647 318,510 3,831,504 16,008,292 667,328 2,241,885 526,331
<br /> Actual Percentage 9.2% 9.9% 9.3% 10.1% 7.9% 7.4% 9.7%
<br /> Management Review&Analysis-Tax Increment Financing Districts February 2012
<br /> New Brighton, Minnesota Page 13
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