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9 PCSR 02-23-1993
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9 PCSR 02-23-1993
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• ABIT D • <br /> TAX INCREMENT FINANCING DISTRICT NO. 9 <br /> CASH FLOW ANALYSIS <br /> 1994* 1995** 1996 1997 1998 1999 2000*** <br /> Original Net <br /> Tax Capacity $ -0- $ -0- $ -0- $ -0- $ -0- $ -0- $ -0- <br /> Total Net Tax Capacity 7, 765 41,400 41,400 41,400 41, 400 41,400 41,400 <br /> Captured Net <br /> Tax Capacity $7, 765 $41,400 $41,400 $ 41,400 $ 41,400 $ 41,400 $ -0- <br /> Estimated Tax <br /> Rate ( 1) 104 . 612 104 . 612 104 . 612 104 . 612 104 . 612 104 . 612 104 .612 <br /> Captured Increment $43,300 $43, 300 $ 43, 300 $ 43, 300 $ 43, 300 $ -0- <br /> Cumulative Increment $86, 600 $129, 900 $173,200 $216,500 $216,500 <br /> ( 1) Based on Payable 1992 tax rate. This rate will change for taxes payable in 1993 and in <br /> subsequent years; this will result in a change in the actual amount of increment collected <br /> by the City. <br /> *Taxes will be generated in 1994, but no increment will be collected. <br /> **The first year an increment will be collected is 1995; this is based on a finished market value <br /> as of January 2, 1994 . <br /> ***The District is decertified on December 31, 1999 and taxes generated in 2000 will be collected by <br /> the local taxing jurisdictions. <br />
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