<br />EXHIBIT IV - Projected Tax Increment Cash Flow
<br />
<br />NORTH lANOO SECU RI n E~
<br />
<br />c:-
<br />
<br />City of Centervllle
<br />Tax Increment Financing (Redevelopment) District
<br />Townhome Project - 15 year
<br />
<br /> Less: Less: Retained Annual Less: Less: Less:
<br />Annual Improved Base Fiscal Captured Gross Tax State Admin. Additional Annual
<br />Period Net Tax Net Tax Disp.@ Net Tax Increment Aud. Ded. Retainage Sharing Net
<br />Ending Capacity Capacity 0.00% Capacity 134.366% 0.36% 10.00% 20.00% Revenue
<br />12111/2005 55,238 55,238 0 0 0 0 0 0 0
<br />12/31/2006 18,060 55,238 0 0 0 0 0 0 0
<br />12/3112007 101,760 55,238 0 46,522 62,510 225 6,229 12,457 43,599
<br />12/31/2008 179,760 55,238 0 124,522 167,315 602 16,671 33,343 116,699
<br />12/31/2009 204,480 55,238 0 149,242 200,531 722 19,981 39,962 139,866
<br />12131/2010 204,480 55,238 0 149,242 200,531 722 19,981 39,962 139,866
<br />12/31/2011 204,480 55,238 0 149,242 200,531 722 19,981 39,962 139,866
<br />12/31/2012 204,480 55,238 0 149,242 200,531 722 19,981 39,962 139,866
<br />12131/2013 204,480 55,238 0 149,242 200,531 722 19,981 39,962 139,866
<br />12131/2014 204,480 55,238 0 149,242 200,531 722 19,981 39,962 139,866
<br />12/31/2015 204,480 55,238 0 149,242 200,531 722 19,981 39,962 139,866
<br />12131/2016 204,480 55,238 0 149,242 200,531 722 19,981 39,962 139,866
<br />12/31/2017 204,480 55,238 0 149,242 200,531 722 19,981 39,962 139,866
<br />12131/2018 204,480 55,238 0 149,242 200,531 722 19,981 39,962 139,866
<br />12/3112019 204,480 55,238 0 149,242 200,531 722 19,981 39,962 139,866
<br />12/31/2020 204,480 55,238 0 149,242 200,531 722 19,981 39,962 139,866
<br />12/31/2021 204,480 55,238 0 149,242 200,531 722 19,981 39,962 139,866
<br />12/31/2022 204,480 204,480 0 0 0 0 0 0 _.--2
<br /> 2,836,728 10,213 282,653 565,306 1,978,556
<br />
<br />Prepared by: Northland Securities - 5/10/2004 10:42 AM
<br />
<br />TIF 1 - TaxlncAnn
<br />
|