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Pieced for
<br /> In Prior Actual Actual Actual Actual Projected
<br /> Years 2007 2008 2009 2010 2011 2012 2013 2014
<br /> Accumulated Admin Expenses 1,200,000 11.570 13,908 19.022 20,939 21,513 26.513 31.513 36.513 41,513
<br /> Accumulated Total TIF Revenues 12.000.000 6.141 64.372 151,003 306,324 580.391 823,091 1,065,791 1,308,491 1,551,191
<br /> Admin Allowable(10%of TIF Revenues) 10.0% 188.4% 21.6% 12.6% 6.8% 3.7% 3.2% 3.0% it% 2.7%
<br /> Projected
<br /> 2016 2016 2017 2018 2018 2020 2021 2022 2023
<br /> Accumulated Admin Expenses 1.200,000 46.513 51,513 56.513 61,513 66.513 71,513 76,513 81.513 86,513
<br /> Accumulated Total TIF Revenues 12,000,000 1.793.891 2.036.591 2.279.291 2,521,991 2.764,691 3.007.391 3,250,091 3,492,791 3,735.491
<br /> Admin Allowable(10%of1IF Revenues) 10.0% 2.6% 2.6'/., 2.6% 2.4% 2-4% 2-4% 2.4% 2.3% 2.3%
<br /> Projected
<br /> 2024 2026 2026 2027 2023 2028 2030 2031
<br /> Accumulated Admin Expenses 1.200.000 91,513 96.513 101.513 106.513 111.513 116,513 121,513 126,513
<br /> Accumulated Total TIF Revenues 12.000.000 3,978,191 4,220,891 4,463.591 4,706,291 4,948,991 5,191,691 5.434.391 5,677.091
<br /> Admin Allowable(10%of TIF Revenues) 10.0% 2.3% 2.3% 2.3% 2.3% 2.3% 2.2Y. 227. 2-2'/.
<br /> Projected
<br /> Total
<br /> Pooling Calculation(26%Outaida of Diabiet) Pooling Prior Years 2007 2008 2009 2010 2011 2012 2013 2014
<br /> Cummulative Tax Increment 6,126,544 7.217 7,217 67,067 154,884 310.131 585,617 817.353 1.046,113 1,270.422
<br /> Current Year - - 59.850 87.817 155.247 275.486 231,736 228.760 224,310 221,585
<br /> Total 6,126,544 7,217 67,067 154,884 310.131 585,617 817.353 1,046.113 1,270,422 1,492,007
<br /> Administrative Costs 126,513 11.570 13,908 19.022 20.939 21,513 25,513 31,513 36,513 41.513
<br /> Annual qualified costs after Admin up to 25% 1,500,008 (1,088) 14,378 20,676 38,333 68,728 56,684 55,940 54,827 54,146
<br /> Less:Amount spent outside the district
<br /> None - - - - - - - - - -
<br /> Cummulotiw Amount Available for Pooling 1.800,006 (1,008) 13,290 33,966 72,288 141,026 1117,710 263,660 308,477 362,624
<br /> Ending Cash Balance 3,668,660 - - - - 274,347 - - - -
<br /> Available for Pooling 11j 1,600,008 (1,088) - - - 141,026 - - - -
<br /> 1-Balance avalable for pooling is the lesser of Biding Cash Balance or Cumulative Pooling Amount
<br /> O
<br /> Management Review&Analysis-Tax Increment Financing Districts February 2012
<br /> New Brighton, Minnesota Page 181
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