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Attachment 5.3 Estimated Net Taxable Value of Growth and New Private Development and Annual Revenue Allocation in the Area 4 Urban Renewal Project Year Land Value annually) Improvem ent Value Annually) Total Assessed Value Annual New Construction Cumm. New Construction Taxable Value Increment Value Levy Rate Tax Increment Yield Admin. & Operating Costs Funding For Capital Projects 2015 84935 231000 315,935 $ - $ - $ 315,935 $ - $ 0.016524 - $ - $ - $ 2016 86,634 $ 235,620 $ 322,254 $ - $ - $ 322,254 $ 6,319 $ 0.016524 104 $ - $ 104 $ 2017 88,366 $ 240,332 $ 328,699 $ - $ - $ 328,699 $ 12,764 $ 0.016524 211 $ - $ 211 $ 2018 90,134 $ 245,139 $ 335,273 $ - $ - $ 335,273 $ 19,338 $ 0.016524 320 $ - $ 320 $ 2019 91,936 $ 250,042 $ 341,978 $ - $ - $ 341,978 $ 26,043 $ 0.016524 430 $ - $ 430 $ 2020 93,775 $ 255,043 $ 348,818 $ - $ - $ 348,818 $ 32,883 $ 0.016524 543 $ - $ 543 $ 2021 95,651 $ 260,144 $ 355,794 $ - $ - $ 355,794 $ 39,859 $ 0.016524 659 $ - $ 659 $ 2022 97,564 $ 265,346 $ 362,910 $ - $ - $ 362,910 $ 46,975 $ 0.016524 776 $ - $ 776 $ 2023 99,515 $ 270,653 $ 370,168 $ 10,000,000 $ 10,000,000 $ 10,370,168 $ 10,054,233 $ 0.016524 166,132 $ 20,000 $ 146,132 $ 2024 101,505 $ 276,066 $ 377,572 $ 50,000 $ 10,050,000 $ 10,427,572 $ 10,111,637 $ 0.016524 167,081 $ 20,000 $ 147,081 $ 2025 103,535 $ 281,588 $ 385,123 $ 50,000 $ 10,100,000 $ 10,485,123 $ 10,169,188 $ 0.016524 168,031 $ 20,000 $ 148,031 $ 2026 105,606 $ 287,219 $ 392,825 $ 50,000 $ 10,150,000 $ 10,542,825 $ 10,226,890 $ 0.016524 168,985 $ 20,000 $ 148,985 $ 2027 107,718 $ 292,964 $ 400,682 $ 50,000 $ 10,200,000 $ 10,600,682 $ 10,284,747 $ 0.016524 169,941 $ 20,000 $ 149,941 $ 2028 109,872 $ 298,823 $ 408,696 $ 50,000 $ 10,250,000 $ 10,658,696 $ 10,342,761 $ 0.016524 170,900 $ 20,000 $ 150,900 $ 2029 112,070 $ 304,800 $ 416,870 $ 50,000 $ 10,300,000 $ 10,716,870 $ 10,400,935 $ 0.016524 171,861 $ 20,000 $ 151,861 $ 2030 114,311 $ 310,896 $ 425,207 $ 50,000 $ 10,350,000 $ 10,775,207 $ 10,459,272 $ 0.016524 172,825 $ 20,000 $ 152,825 $ 2031 116,598 $ 317,113 $ 433,711 $ 50,000 $ 10,400,000 $ 10,833,711 $ 10,517,776 $ 0.016524 173,791 $ 20,000 $ 153,791 $ 2032 118,930 $ 323,456 $ 442,385 $ 50,000 $ 10,450,000 $ 10,892,385 $ 10,576,450 $ 0.016524 174,761 $ 20,000 $ 154,761 $ 2033 121,308 $ 329,925 $ 451,233 $ 5,000,000 $ 15,450,000 $ 15,901,233 $ 15,585,298 $ 0.016524 257,525 $ 20,000 $ 237,525 $ 2034 123,734 $ 336,523 $ 460,258 $ 100,000 $ 15,550,000 $ 16,010,258 $ 15,694,323 $ 0.016524 259,327 $ 20,000 $ 239,327 $ 2035 126,209 $ 343,254 $ 469,463 $ 100,000 $ 15,650,000 $ 16,119,463 $ 15,803,528 $ 0.016524 261,131 $ 20,000 $ 241,131 $ 2,485,333 $ 260,000 $ 2,225,333 $ Assumptions Tax Rate remains constant Adminstrative & Operational Costs deferred until first project then frecast at $10,000 each through remainder of District Low Growth Assumption Land Value Increases / Year Improvement Value Increases @ 2% / Year Annual New Value @ $0 / year in early period Two Moderately sized Projects ($10mm & $5mm) spaced out over the life of the District