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GTA Containers
<br />Comparison of Taxes Abated & Paid
<br />Before HEA 1001 & After 1001
<br />Existing AV 1,852,300
<br />New Project Cost 2,800,000
<br />New Project AV 2,380,000
<br />Before HEA 1001
<br />New Combined Net
<br />Existing Project Existing Tax Tax
<br />Year Taxes Taxes & New Taxes Abated Paid
<br />1 73,439 94,361 167,800 94,361 73,439
<br />2 73,439 94,361 167,800 80,207 87,593
<br />3 73,439 94,361 167,800 62,278 105,522
<br />4 73,439 94,361 167,800 47,181 120,619
<br />5 73,439 94,361 167,800 32,083 135,717
<br />6 73,439 94,361 167,800 16,041 151,759
<br />
<br />Totals 440,632 566,166 1,006,798 332,151 674,647
<br />After HEA 1001
<br />New Combined Net
<br />Existing Project Existing Tax Tax
<br />Year Taxes Taxes & New Taxes Abated Paid
<br />1 65,714 84,435 150,149 70,473 79,677
<br />2 65,714 84,435 150,149 55,116 95,033
<br />3 65,714 84,435 150,149 35,665 114,484
<br />4 65,714 84,435 150,149 19,285 130,865
<br />5 65,714 84,435 150,149 4,432 145,717
<br />6 65,714 84,435 150,149 2,216 147,933
<br />
<br />Totals 394,284 506,612 900,896 187,187 713,709
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