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• • • <br />Revenue History for Current IDA Term <br />City of La Porte Industrial Districts <br />8 Year Revenue History/Projection <br />Tax <br />Year <br />Total Payments to City <br />% Change from Prior Year <br />% Growth From Prior Years <br />(Rolling Average) <br />01 <br />10,124,260 <br />- <br />- <br />02 <br />9,521,625 <br />-6% <br />- <br />03 <br />9,234,486 <br />-3% <br />-4.5% <br />04 <br />9,457,543 <br />2% <br />-2.3% <br />05 <br />9,854,503 <br />4% <br />-0.75% <br />06 <br />10,150,138 <br />3% <br />0% <br />071 <br />10,454,642 <br />3% <br />0.5% <br />1 s ear of New IDA Term <br />08 <br />10,776,770 <br />3% Plus Rollup — 3.08% <br />0.760/6 <br />1 Assumes the average growth rate from'04 to'05 (3%) holds true for'06 and'07. <br />2'08 (1" year of new term) based on'05 values plus projected'06 and'07 increases of 3% plus the 30% new construction values rolling up to 53% ($322,128). <br />L_ J <br />