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Management Review & Analysis – Tax Increment Financing Districts City of New Brighton Page 12 April 2018 Impact of Decertified TIF Districts As shown on Page 10, the City will see the oldest TIF districts, those created before 1990, all decertified by the end of 2018. As these districts return value to the tax rolls for general taxing purposes, the City can expect to see a corresponding increase in the tax base. One frequent question we receive is what are the additional levy dollars the City can expect to receive? The table below shows how much more the City could levy and still maintain a stable tax rate. City of New BrightonProjected Additional Tax Levy DollarsAs A Result of Decertified TIF DistrictsActualTIF District Decertifies 2017 2018 2019 2020 2021 2022 2023 2024TIF 17 County Road D / Interstate 12/31/2016 - - - - - - - - TIF 18 Remmelle, CBD West 12/31/2018 - 267,670 - - - - - - TIF 20 Lakeview Business Park North 12/31/2020 - - - 302,703 - - - - TIF 23 Thorndale Plaza 12/31/2019 - - 15,208 - - - - - TIF 25 Lakeview South 12/31/2018 - 230,094 - - - - - - TIF 26 Brighton Corporate Business Park III 12/31/2024 - - - - - - - 874,030 TIF 27 Ken's Market (Cleveland & County Road D) 12/31/2023 - - - - - - 26,432 - TIF 28 Rice Creek Center 12/31/2016 - - - - - - - - TIF 29 BCPII South (Soo Line) 12/31/2021 - - - - 33,813 - - - TIF 30 Brighton Village - Beisswenger 12/31/2019 - - 239,358 - - - - - TIF 31 Northwest Quadrant (West Side) 12/31/2035 - - - - - - - - TIF 32 Northwest Quadrant (East Side) 12/31/2036 - - - - - - - - TIF 33 Marv's Transmission 12/31/2033 - - - - - - - - Total Annual Captured Net Tax Capacity Returned to Tax Rolls - 497,764 254,566 302,703 33,813 - 26,432 874,030 Final City Tax Rate for Taxes Payable in 2018 (1)37.103%Estimated Additional Annual Tax Levy Available (1)184,683.75$ 94,450.84$ 112,310.86$ 12,545.35$ -$ 9,806.81$ 324,288.33$ (1) - Assumptions:Recently Decertified Districts- Calculates additional dollars the City could levy and still maintain the same tax rate as Pay 2018.- Assumes no change in existing tax base from prior yearDistricts Decertifying in - Assumes no change in the Fiscal Disparities Distribution Dollars from Pay 2018Next 3 Years- Excludes Lake Diane and Bicentennial Pond tax leviesProjected