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SOUTH BEND REDEVELOPMENT COMMISSION
<br /> Supporting Information - River West
<br /> River West Development Area
<br /> ESTIMATED ANNUAL TAX INCREMENT
<br /> Taxes Estimated Existing Tax Increment
<br /> Payable South Bend- South Bend- South Bend-
<br /> Year Portage Twp. German Twp. Warren Twp. Total
<br /> (1) (2) (3)
<br /> 2023 $8,491,060 $9,903,310 $783,290 $19,177,660
<br /> 2024 8,585,020 10,023,320 783.290 19,391,630
<br /> 2025 8,697,580 10,685,010 783,290 20,165,880
<br /> 2026 8,733,350 10,577,750 783,290 20,094,390
<br /> 2027 8,949,440 10,759,410 783,290 20,492,140
<br /> 2028 9,175,370 10,636,500 783,290 20,595,160
<br /> 2029 9,195,590 10,920,570 783,290 20,899,450
<br /> 2030 9,215,780 10,260,220 783,290 20,259,290
<br /> 2031 9,806,200 10,263,650 783,290 (4) 20,853,140
<br /> 2032 9,806,200 10,278,580 20,084,780
<br /> 2033 9,093,100 10,195,670 19,288,770
<br /> 2034 9,093,100 10,150,020 19,243,120
<br /> 2035 9,093,100 10,150,020 19,243,120
<br /> 2036 9,093,100 10,150,020 19,243,120
<br /> 2037 9,093,100 8,660,690 17,753,790
<br /> 2038 3,468,550 550,890 4,019,440
<br /> 2039 1,087,980 220,480 1,308,460
<br /> 2040 1,087,980 220,480 1,308,460
<br /> 2041 87,940 220,480 308,420
<br /> 2042 87,940 220,480 308,420
<br /> 2043 87,940 220,480 308,420
<br /> 2044 87,940 220,480 308,420
<br /> 2045 87,940 (5) 220,480 (6) 308,420
<br /> Totals $142,205,300 $155,708,990 $7,049,610 $304,963,900
<br /> (1) See pages 9 and 10.
<br /> (2) See pages 11 and 12.
<br /> (3) See page 13.
<br /> (4) The entire portion of the Allocation Area within the South Bend - Warren Township taxing
<br /> district expires following 2031.
<br /> (5) The final portion of the Allocation Area within the South Bend - Portage Township taxing
<br /> district expires following 2045.
<br /> (6) The final portion of the Allocation Area within the South Bend - German Township taxing
<br /> district expires following 2045.
<br /> (Subject to the attached letter dated December 2, 2022)
<br /> (Preliminary- Subject to Change)
<br /> (For Internal Use Only)
<br /> 8
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