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<br />F lctl t-h~ a.,s
<br />'loft f'a.vy
<br />
<br />6 - Year Projections
<br />
<br /> 2007 2008 2009 2010 2011 2012
<br />Taxable Inventory $1,000,000 $2,500,000 $3,500,000 $5,000,000 $5,000,000 $5,000,000
<br />Total Investment in BuildinQ & Eauipment $10,000,000 $10,000,000 $10,000,000 $10,000,000 $10,000,000 $1 0,000,000
<br />Total Value of Property - F1 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000
<br />
<br />)
<br />FTZ Tax Analysis for the City of La Porte
<br />
<br />)
<br />
<br />Additional Assumptions
<br />Real Property Tax Rate - City of La Porte
<br />Inventory Percent Qualifying for FTZ
<br />Inventory Percent not Qualifying for FTZ
<br />Industrial District Exemption
<br />
<br />0.710%
<br />60.000%
<br />40.000%
<br />53.000%
<br />
<br />
<br />Additional City Revenue from FTZ Inventory Based On No
<br />FTZ Tax Exemption $4,260 $10,650 $14,910 $21,300 $21,300 $21,300
<br />Additional City Revenue from FTZ Inventory Based On 25%
<br />FTZ Tax Exemption $3,195 $7,988 $11,183 $15,975 $15,975 $15,975
<br />Additional City Revenue from FTZ Inventory Based On 50%
<br />FTZ Tax Exemption $2,130 $5,325 $7,455 $10,650 $10,650 $10,650
<br />Additional City Revenue from FTZ Inventory Based On 75%
<br />Exemption $1,065 $2,663 $3,728 $5,325 $5,325 $5,325
<br />Additional City Revenue from FTZ Inventory Based On Full
<br />FTZ Tax Exemption $0 $0 $0 $0 $0 $0
<br />
<br />
<br />$48j~1~
<br />LA PORTE'S TAX ABATEMENT POLICY IS NOT BASED ON INVENTORY
<br />TaxAbatsmentsOJ1Buildil'11lZUi $7t,OGlO
<br />
<br />$63,971
<br />
<br />$63,971
<br />
<br />l{.......O (~7
<br />f,-l ,-0
<br />
<br />$71,000
<br />)00'('0
<br />
<br />$71,000
<br />)00 oi~
<br />
<br />$$6,~00
<br />11:> ot,
<br />
<br />$42,600
<br />(j) 0J
<br />
<br />$28,400
<br />111"\ <-'7
<br />'1V Co
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