Laserfiche WebLink
<br />TWIN LAKES REDEVELOPMENT AREA <br />~ - Housing <br />ASSUMP nONS <br /> <br />I I! I I <br /> <br />lu- Dev Original Market Values <br />Area <br /> <br />: <br /> <br />Area of Parcel <br />(Acres) (Sq. Feet) <br /> <br />_ <br /> <br />B 1-East & 2- ~VI 1I II '-Cl"l <br />: I ! <br /> <br />17.00 <br /> <br />740.520 <br /> <br />m m n__ <br /> <br />Totals <br />! I <br /> <br />17.00 <br /> <br />740,520 <br /> <br />n <br /> <br />. Original Tax Cap<"_;~1 <br />C GUI ////1<:;;1 via} / Retail <br />Rental J <br />Owner <br />! <br /> <br />% of new ETC <br />0.0% <br />0.0% <br />100.0% <br />100.0% <br /> <br />o <br />o <br />5,720~734 <br />5,720,734 <br /> <br />I <br /> <br />Phase 1 <br /> <br />~ <br /> <br />2005 <br />2006 <br /> <br />o units <br />o sq. fl. <br /> <br />Market Value <br />, Tax Capacity <br />Tax II Il-l t::lIlt::lIl <br /> <br />Phase 2 i<-UIIIUIIICUJ <br />Estimated Market Value <br />Estimated Tax Capacity I <br />Estimated Tax Increment <br />I <br />Phase 3 <br />'-"1I1 I ICll<:;;U Market Value <br />;:::"~;IIICl~vU Tax Capacity <br />;:::"~;'llalvu Tax ;1 Il-l vi 11t::11l <br />I I <br />~ Phase 4 (combined) <br />=j____~ I Estimated Market Value . I <br />~ I i Estimated Tax Capacity -1- <br />I i I Estimated Tax Increment <br /> <br />=~~~F~:::;~~~b~r::!va~e. <br /> <br />Estimated Tax Capacity <br />! ! Estimated Tax Increment I <br />=--=+=r~ I 1 ~~ <br />___I_~IPhase 6 (combined) ---1 <br /> <br />__j____j__~:~:~:~:~ ~:;k;~::~~~ I <br />flha::I;~~~r::c:rement - <br /> <br />.1 Estimated Market Value I <br />. _+- i EsUmated Tax Capadty '_ <br />~I I I Estimated Tax Increment <br />___.~ n.1 I l_J <br />~ I Phase 8 (combined) <br />- 1-' I Estimated Market Value <br /> <br />3=..... _i.-l~:~:~:~:~~:~~anpacitY- <br /> <br />! I Estimated Tax Increment <br />-i-I III __ <br />I I Local Tax Ratel Pay 2004 ISO #621 1.04922 * <br />I I State Tax Rate IPay 2004 I 0.54109 (C/lonly) <br />--r . -~~- <br />--L i Eft. Incr. on local tax rate for taxes at F .D. rate 0.10243 (C/I only) <br />I I Combined Tax Rate 1.69274 <br />~~_I I I I I * I used for tax increment calculations I <br />! IAdmin Fees I II I 10.00% <br />-- i I Inflation I I (2009/2010) 2.50% I <br />I I Fiscal Disparities Sharing Factor I 31.8268% Pay 2004 <br />-I: Present Value Rate I 6/1/20051 7.00% I <br /> <br />=T~~~~ScovLagl I I 11 ~:~~~ I <br /> <br />-- <br /> <br />2006 <br />2007 <br /> <br />75 units <br />o sq. fl. <br /> <br />: <br />I <br /> <br />150 units <br />o sq. fl. <br /> <br />2007 <br />2008 <br /> <br />I~ <br />I <br /> <br />2008 <br />2009 <br /> <br />225 units <br />o sq. fl. <br /> <br />2009 <br />2010 <br /> <br />300 units <br />o Isq. fl. <br />! <br /> <br />20t~1 <br />2011 <br /> <br />E <br /> <br />2011 I <br />2012 <br /> <br />300 j units <br />o ISq. ft. <br />I <br /> <br />300 units <br />o sq. ft. <br /> <br />-----l <br />_________j_____~~ un~____~ <br />2012 I 0 sq. fl. i <br />2013 <br /> <br />Twin Lrlkes 17rl.xls <br /> <br />PreDared bv Krass Monroe. P.A. <br /> <br />i <br />1/2/2004 IVlarKel value Pa" 2005) <br />Land I Building Total <br /> <br /><h? 01 ~ n~A <br /> <br />$ 2,913,038 <br /> <br />@ <br />@ <br />(02- <br /> <br />Class Rate * <br />2.00% <br />1.25% = <br />1.00% - <br /> <br />* Final rates for Pay 2004 <br /> <br />I 19,218,750 <br />192,188 <br />141,624 <br /> <br />I 39,398,438 <br />I 393,984 <br />353,353 <br /> <br />60,575,098 I <br />605,751 <br />575,543 <br /> <br />82,785,967 <br />827,860 <br />808,584 <br /> <br /> 84,855,616 <br /> 848,556 <br />I 830,299 <br />I <br /> 86,977,006 <br /> 869,770 <br /> 852,557 I <br /> <br />89,151,432 <br />891,514 <br />935,395 <br />875,372 <br /> <br />1.0% <br />Eff. Tax Rate <br /> <br /><h? An7 ROR <br /> <br />$ 2,807,696 <br /> <br />01 <br />01 <br />57,207 <br /> <br />$0 <br />o ! <br />o <br /> <br />I <br />I <br />I ~ <br />times incr. in MV <br /> <br />93.6% <br />of Total Taxes <br /> <br />i <br />I <br />I <br /> <br />$ 5,720,734 <br /> <br />$ 5,720,734 <br /> <br />57,207 <br /> <br />I <br /> <br />I <br /> <br />- <br /> <br />---- <br /> <br />---- ----- <br /> <br />7/6/2004 <br />