City of South Bend
<br />Douglas Road Project
<br />TIF Revenue Projection for Building #2
<br />Prepared 1/13/09
<br />Net
<br />Annual
<br />Private
<br />Assessed
<br />Tax
<br />TIF
<br />TIF
<br />Year
<br />Investment
<br />Value
<br />Rate
<br />Revenue
<br />Revenue
<br />2007
<br />0
<br />0
<br />6/30/2008
<br />0
<br />0
<br />3.9544%
<br />0
<br />0
<br />2008
<br />121312008
<br />0
<br />0
<br />3.9544%
<br />0
<br />6/30/2009
<br />5,500,000
<br />0
<br />4.0477%
<br />0
<br />0
<br />2009
<br />12/3/2009
<br />5,500,000
<br />0
<br />4.0477%
<br />0
<br />6/30/2010
<br />5,500,000
<br />0
<br />3.5477%
<br />0
<br />0
<br />2010
<br />12/3/2010
<br />5,500,000
<br />0
<br />3.5477%
<br />0
<br />6/3012011
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />0
<br />0
<br />2011
<br />12/3/2011
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />6/30/2012
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />136,586
<br />2012
<br />12/3/2012
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />6/30/2013
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293 ,
<br />136,586
<br />2013
<br />12/3/2013
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />6/30/2014
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />136,586
<br />2014
<br />12/3/2014
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />6/30/2015
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />136,586
<br />2015
<br />12/312015
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />-
<br />6/30/2016
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />136,586
<br />2016
<br />12/3/2016
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />6/30/2017
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />136,586
<br />2017
<br />12/3/2017
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />6/30/2018
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />136,586
<br />2018
<br />12/3/2018
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />6/30/2019
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />136,586
<br />2019
<br />12/3/2019
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />6/30/2020
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />136,586
<br />2020
<br />.12/3/2020
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />6/3012021
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />136,586
<br />2021
<br />12/3/2021
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />6/30/2022
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />136,586
<br />2022
<br />12/3/2022
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />6/30/2023
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />136,586
<br />2023
<br />12/312023
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />6/30/2024
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />136,586
<br />2024
<br />12/3/2024
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />6/30/2025
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />136,586
<br />2025
<br />1213/2025
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />6/30/2026
<br />5,500,000
<br />3,850,000
<br />3.5477%
<br />68,293
<br />136,586
<br />2026
<br />
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