Payments Based
<br />2010 Tax Year
<br />Percentage
<br />on Percentage
<br />a Total Taxes Collected As of May 2014 $1,021.864.10
<br />b Total Value in tho TIRZ as or today 578.081,968
<br />c Less the Tax Increment Base (1999) Value $7,052.630
<br />9%
<br />$92.297.38
<br />d Equals the Captured Appraised Value $71.029,338
<br />91%
<br />$929,556.82
<br />e Equals Taxes due the TIRZ per penny ofTax Rate
<br />$7,015.52
<br />r Times rate for General TIRZ Projects (.0086 per contract)
<br />$603.334.99
<br />g Difference is Rate for Education Facilities Projects
<br />$326,221.83
<br />Payments Based
<br />2011 Tax Year
<br />Percentage
<br />on Percentage
<br />a Total Taxes Collected AS of May 2014 $987.316.19
<br />b Total Value in the TIRZ as or today $73,782,645
<br />c Less the Tax Increment Base (1999) Value $7,052,630
<br />10%
<br />$94.374.07
<br />d Equals the Captured Appraised Value ses,730,016
<br />30%
<br />$892,941.12
<br />e Equals Taxes due the TIRZ per penny of Tax Rate
<br />$6,689,97
<br />f Times rate for GeneralTIRZ Projects (.0086 percontract)
<br />$566,737.64
<br />g Difference is Rate for Education Facilities Projects
<br />$326,203.58
<br />Payments Based
<br />2012 Tax Year
<br />Percentage
<br />on Percentage
<br />a Total Taxes Collected As orMay 2014 $1,015,096.05
<br />b Total Value in the TIRZ as of today $77,139,691
<br />c Less the Tax Increment Base (1999) Value $7.05Z030
<br />9%
<br />$92,806.62
<br />d Equals the Captured Appraised Value $70,087.061
<br />91 %
<br />$922,288.23
<br />e Equals Traces due the TIRZ per penny of Tax Rate
<br />$6,806.56
<br />f Times rate for General TIRZ Projects (.0086 per contract)
<br />3585.363.74
<br />g Difference is Rate for Education Facilities Projects
<br />$338,924.48
<br />Payments Based
<br />2013TaxYear
<br />Percentage
<br />on Percentage
<br />a Total Taxes Collected As or May 2014 $1.262.771.54
<br />b Total Value In the TIRZ as of today $77,139,891
<br />c Less the Tax Increment Base (1999) Value $781.850
<br />1%
<br />$12,798.83
<br />d Equals the Captured Appraised Value $76,357.841
<br />99%
<br />$1.249,972.71
<br />e Equals Taxes due the TIRZ per penny of Tax Rate
<br />$9,224.89
<br />f Times rate for General TIRZ Projects (.0086 per contract)
<br />$793,340.81
<br />g Difference is Rate for Educalion Facilities Projects
<br />$456,632.10
<br />Grand Total as of May 22, 2014
<br />General TIRZ Projects
<br />Education Facilities Project
<br />Total
<br />Previous Previous Previous
<br />Payments Made Payments Made Payments Made
<br />May 2011 May 2012 May 2013 Difference
<br />$918,002.07 $7,452.81
<br />47,770.51
<br />$11,872.45
<br />$595,835.30 $4.837.30
<br />45,043.50
<br />$7,705.89
<br />$322,166.76 $2.615.52
<br />42,727.01
<br />$4,166.56
<br />Previous
<br />Previous
<br />Payments Made
<br />Payments Made
<br />May 2012
<br />May 2D13
<br />Difference
<br />$931.1927.78-$35,639.32
<br />$591,418.37 -$P2,819.79
<br />$340,409.41-$13,019.53
<br />Previous
<br />Payments Made
<br />May 2013
<br />o0,3�
<br />f
<br />$915,625A6
<br />$581,262.24
<br />$334.563.73
<br />Previous
<br />Payments Made
<br />May 2013
<br />($3,247,34)
<br />($2,061.04)
<br />Difference
<br />$6,462.27
<br />$4,101.60
<br />$2,360.75
<br />Difference
<br />$1,249,972.71
<br />$793.340.61
<br />$456,632.10
<br />$1,253,630.18
<br />$795,626.84
<br />$458,003,34
<br />$1,263,630.18
<br />
|