|
Meld for
<br /> In Prior Arius' MOM Actual Actual Projected
<br /> Years 2007 2008 2009 2010 2011 2012 2013 2014 2015
<br /> Accumulated Admin Expenses 271.250 38.101 39.200 42 085 43.305 43.788 43.788 43.788 43.768 44494 45.455
<br /> Accumulated Total Expeditures 2,712,500 339.536 359,283 378,020 396,411 414.340 435,246 443,612 451,555 459,009 499,052
<br /> Admin Allowable(10%of expenditures) 10,0% 11.2% 10.1% 11.1% 10.9% 10.6% 10.1% 9.9% 9,7% 9.7% 11.7%
<br /> Projected
<br /> 2016 2017 2018 2018 2020 2021 2022 2023 2024 2021 2021 2027
<br /> Accumulated Admin Expenses 277 252 49.187 49.796 50280 50.626 50,826 50,826 50,826 50,826 50.626 50,626 50,826 50.62i
<br /> Accumulated Total Expeditures 2 712,500 506,869 513,580 519,110 523,387 526,331 526,331 526,331 526,331 526,331 526,331 526,331 526,331
<br /> Armin Allowable(10%of expenditures) 10.0% 1.7% 1.7% 1.7% 1.7% 1.7% 9,7% 9.7% 9.7% 9.7% 1.7 1,7% 1.
<br /> Projected
<br /> Total
<br /> Pooling Calculation(26%Oulaide of District) Pooling Prior Years 2007 2008 2009 2010 2011 2012 2013 2014 2016
<br /> Cummulatise Tax Increment 981.611 137,501 137,501 175,572 216,640 257,635 296,432 337,798 377,457 416.440 454,695
<br /> Current Year - - 38,071 41,068 40,996 38,796 41,366 39,659 38,983 38,256 37,456
<br /> Total 981,611 137,501 175,572 216,640 257,636 296,432 337,798 377 457 416,440 454,696 492,152
<br /> Administrative Costs 50.826 38.101 39,200 42,085 43,305 43,788 43,788 43,788 43,788 44,494 48,455
<br /> Annual qualified costs alter Admin up to 25% 232.696 24,850 9,243 9,546 9,944 9,578 10,342 9,915 9,746 9,388 8,374
<br /> Less:Amount spent outside the district
<br /> 2004B Bond Payments - 0 3.0721 i3 163, _.. r3 360, i3,5521 _. .
<br /> Cummuletive Amount Available for Pooling 189.149 24,850 31.021 37.399 44.020 50.238 67,028 61.198 69,104 75.22E 76,977
<br /> Ending Cash Balance 265.996 - - - - - - - - .
<br /> Available for Pooling ill 181,149 - - - - - -
<br /> 1-Seance evaihb for pooirq is the lesser of Ending Cosh Balance or Cumnrla9ve Fcoinp Arrount
<br /> Projected
<br /> Total
<br /> Pooling Calculation(21%Outside of Didriot) Pooling 2016 2017 2018 2019 2020 2021 2022 2023 2024 2026 2026 2027
<br /> Ctmlmulatim Tax Increment 981,611 492,152 527,524 563,655 600.583 638,367 677.006 716.828 757.763 799.926 843,353 888,0134 934,156
<br /> Current Year 35,372 36,131 38.929 37.784 38,718 39.742 40,935 42.163 43.428 44.730 46.072 47,455
<br /> Total 981.611 527,524 563.655 600,583 638.367 677,086 716.8213 757,763 799.926 843,353 888.034 934,156 981,611
<br /> Administrative Costs 50.826 49,187 49,798 50,280 50.626 50,826 50.826 50.826 50.826 50.626 50,826 50.826 50.826
<br /> Annual qualified costs alter Admin is,to 25% 232.608 8.660 8,880 9,112 9,360 9,630 9.936 10.234 :0.541 10.857 11,183 11.518 11.864
<br /> Less:Amount spent outside the district
<br /> 2004E Bond Payments 143.547) __ ;2.208) (2.400) 12,016) (1,4401 0 0 0 0 0 0 0
<br /> Cummuiative Amount Available for Pooling 198,141 84,101 90.773 17.41E 104.328 113,018 172.964 133.187 143,728 164.585 166.767 177.286 181,141
<br /> Ending Cash Balance 266.996 - - - - 1,213 42.148 84.311 127,739 172,469 218.642 285,996
<br /> Available for Pooling nt 169.149 - - - - - 1.213 42.148 84.311 127.739 166.717 177,216 18/.149
<br /> 1-Balance available for goofing is the lesser of Evfng Cash Balance or Curmublive hooky Amount
<br /> fill Management Review&Analysis-Tax Increment Financing Districts February 2012
<br /> New Brighton, Minnesota Page 170
<br />
|