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3. Fundamentals of Tax Increment Financing (TIF) 4. City of New Brighton TIF District Summary 11 Summary of Bond Proceeds as of December 31, 2021 G.O. TIF Bond 2015B Pooled $17,385,000 $13,625,000G.O. TIF Bond 2016A Pooled $8,705,000 $8,585,000G.O. TIF Bond 2017A Pooled $5,040,000 $2,395,000Total Obligations $31,130,000 $24,605,000Outstanding by DistrictNew Brighton Exchange TIF Districts 31 & 32Districts ObligationsNon-Pooled / PooledProceeds Received