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• <br />TIF DISTRICT NO.2 <br />i <br />CASH FLOW PROJECTION <br />Tax Debt <br />Cash <br />Increment Service <br />Balance <br />1994 <br />123, 332.35 <br />1995 <br />59, 945.38 - 22,190.00 <br />161, 087.73 <br />A. 1996 <br />- 16,625.00 <br />144,462.73 <br />1997 <br />- 16,085.00 <br />128,377.73 <br />1998 <br />- 20,400.00 <br />107,977.73 <br />1995 <br />59,945.38 - 22,190.00 <br />161,087.73 <br />B. 1996 <br />59,900.00 - 16,625.00 <br />204,362.73 <br />1997 <br />- 16,085.00 <br />188,277.73 <br />1998 <br />- 20,400.00 <br />167,877.73 <br />Comments: Illustration A <br />shows tax increment <br />collected through <br />1995 and District No. 2 decertified <br />by December 31, 1995. <br />Illustration B <br />shows tax increment <br />collected through <br />1996 and District No. 2 decertified <br />by December 31, 1996. <br />The Elk River City Council will decertify <br />District No. 2 <br />by December 31, <br />1995. <br />• <br />EXHIBIT A <br />TI FCASH.XLS <br />11/21/95 <br />