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Acattd for
<br /> In Prior Actual Actual Actual Act al Projected
<br /> Yearn 2007 2008 2009 2010 2071 2012 2013 2014 2016
<br /> Accumulated Admin Expenses 176.000 41,970 43.324 46.156 45.534 45.989 47.046 48.033 48.945 49,778 50.519
<br /> Accumulated Total Expednures 760.000 430,661 444.132 456.837 471,390 482.966 545.602 557.151 568.203 578,787 588,8413
<br /> Admit,Allowable(10%of expenditures) 10.0% 9.7% 9.8% 10.1% 9.7% 9.6% 6.11% 8.6% 6.6% 8.6% E.6%
<br /> Projected
<br /> 2016 2017 2018 2019 2020 2021 2022 2023 2024 2026 2026
<br /> Accumulated Admm Expenses 176.000 51.175 51.733 52,186 52,528 52,751 52.850 52.881 52.911 52,911 52911 52.911
<br /> Accumulated Total Expediturea 1,760,000 598,527 607,791 616,605 624.946 632,7138 640,117 646,875 653,020 658,509 663,295 667,328
<br /> Adm In Allowable(10%of expondltures) 10.0% 8.6% 8.6% 8.6% 8,4% 8.3% 6.3% 8.2% 8.1% 8.0% 8.0% 7.9%
<br /> Projected
<br /> Total
<br /> Pooling Calculation(26%Outside of District) Pooling Prior Years 2007 2008 2009 2010 2011 2012 2013 2014 2016
<br /> Cummulatite Tax Increment 680,054 184,562 184,582 213,879 246,828 282.322 317,194 347,571 372,138 37)5.527 417,810
<br /> Current Year - 29,317 32,949 35,494 34,872 30,377 24,568 23.388 22,283 21,258
<br /> Total 680.054 184.562 213,879 246.828 282,322 317,194 347,571 372.138 395.527 417.810 439.068
<br /> Administrative Costs 52,911 41,970 43.324 46,156 45,534 45,989 47,046 48,033 48.945 49,778 50,519
<br /> Annual qualified costs after Admin up to 25% 156,7)36 35,648 6,991 7,529 9,029 8,604 7,330 5,895 5,619 5,363 5,129
<br /> Less:Amount spent outside the district
<br /> 2004B Bond Payments 152 648),, i3.613) (4.266) (4.262) (4.2001 (4.222) (4.267) (4,299) i4.236) (3.595) (8.290,
<br /> Cummulatlw Amount Available for Pooling 108,138 31,975 34,700 37,967 42,796 47,178 50,241 61,937 53,220 64,ti99 53.827
<br /> Ending Cash Balance - 0 0 0 0 29,621 0 0 0 0 0
<br /> Available for Pooling(1) - - - - 29,621 - - - -
<br /> 1-Balance avaiable for pooling is the lesser of Endh,g Cash Balance or G,rrrndatve Foot ,mo,1
<br /> Projected
<br /> Total
<br /> Pooling Calculation(25%Outside of District) Pooling 2016 2017 2018 2019 2020 2021 2022 2023 2024 2026 2026
<br /> Cummulative Tax Increment 680.054 439.068 459,281 479.751 500.483 521.497 542,828 564,520 586,639 609,219 632,291 655,890
<br /> Current Year - 20,213 20,470 20,732 21,014 21.331 21,692 22,120 22,580 23,072 23,599 24.164
<br /> Total 680,054 459,281 479.751 500.483 521497 542.828 564.520 5136,639 609.219 632.291 655,890 680,054
<br /> Administrative Costs 52.911 51.175 51,733 52,186 52.528 52.751 52.850 52.881 52,911 52.911 52,911 52.911
<br /> Annual qualified costs after Admin up to 25% 156,786 4,889 4,978 5,070 5,168 5,277 5,398 5,522 5,637 5,768 5,900 6.041
<br /> Less:Amount spent outside the district
<br /> 2004B Bond Payments (52.648) (2.215) (2280) (1.8511 (1,277) 0 0 0 0 0 0
<br /> Cummulatlw Amount Available for Pooling 104.138 67,CD2 69,766 62,654 96,971 69,871 75,269 80,792 86,429 92,197 98.097 104.138
<br /> Ending Cash Balance - 0 0 0 0 0 0 0 0 0 C
<br /> Available for Pooling n) - - - - - • - -
<br /> 1-Balance avaiable for pooFg ra the lesser of Ending Cash Balance or Cunrulative knob g Arr U111
<br /> O
<br /> Management Review&Analysis-Tax Increment Financing Districts February 2012
<br /> New Brighton, Minnesota Page 154
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