|
Projected Tax Abatement Report
<br />City of Elk River, Minnesota
<br />Tax Abatement Projections
<br />SBH Properties LLC
<br />City & County Abatement: 12 and 10 Years, Respectively
<br />Less:
<br />Non-RetainedTimes:TaxTaxTax
<br />AnnualTotalTotalAbatedCapturedTaxAnnualAbatementAbatementAbatementTotal
<br />PeriodEstimatedNet TaxNet TaxNet TaxCapacityTotalCityCountySchool DistrictTax
<br />EndingMarket ValueCapacityCapacityCapacityRateTax46.17%50.48%39.27%Abatement
<br />(1)(2)(3)(4)(5)(6)(7)(8)(9)(10)(11)
<br />12/31/16 51,8005185180140.694%00000
<br />12/31/17 51,8005185180140.694%00000
<br />12/31/18 51,8005185180140.694%00000
<br />12/31/19 832,00015,89051815,372140.694%21,6277,0977,759014,857
<br />12/31/20 832,00015,89051815,372140.694%21,6277,0977,759014,857
<br />12/31/21 832,000 15,89051815,372140.694%21,6277,0977,759014,857
<br />12/31/22 832,000 15,89051815,372140.694%21,6277,0977,759014,857
<br />12/31/23 832,000 15,89051815,372140.694%21,6277,0977,759014,857
<br />12/31/24 832,000 15,89051815,372140.694%21,6277,0977,759014,857
<br />12/31/25 832,000 15,89051815,372140.694%21,6277,0977,759014,857
<br />12/31/26 832,000 15,89051815,372140.694%21,6277,0977,759014,857
<br />12/31/27 832,000 15,89051815,372140.694%21,6277,0977,759014,857
<br />12/31/28 832,000 15,89051815,372140.694%21,6277,0977,759014,857
<br />12/31/29 832,000 15,89051815,372140.694%21,6277,097007,097
<br />12/31/30 832,000 15,89051815,372140.694%21,6277,097007,097
<br />12/31/31 832,000 15,89051815,372140.694%21,6270000
<br />12/31/32 832,000 15,89051815,372140.694%21,6270000
<br />$302,778$85,167$77,595$0$162,762
<br />
<br />
<br />
|