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column �fM A.dmin Fees - A maximum of 10% of the tax increment may be retained <br />by the City for administrative expenses to manage and maintain its tax increment <br />activities and program. A total of $7,861,352 is potentially available to the City. <br />column (�� Available Tax Increment - The amount of tax increment available for <br />project costs totals $70,752,167 and is determined by subtracting the <br />administrative fees described in column (� above froxn the estimated tax increment: <br />described in column (e) above. <br />column (hl Cumulative Available 'I'aoc Increment - This column reflects a <br />cumulative total of the available tax increment shown in column (g) above. <br />column (i� Semi-Annual Present Value Balance - This revenue stream represents <br />the present value of the available tax increment shown in column (g) at a present <br />value rate of 7.00%. The resulting total of $26,681,360 suggests what the available <br />tax increment is worth in today's dollars, and further suggests an appro�mate <br />principal amount of debt that could be supported by the available tax increment. <br />The difference of $44,070,807 between $70,752,167 in available tax increment and <br />its present value of $26,681,360 represents the appro�mate cost of money or the <br />interest on a principal amount of $26,681,360. <br />column ,�� Cumulative Present Value Balance - This column reflects a cumulative <br />total of the present value of available tax increment as shown in column (i) above. <br />� �f �� <br />