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• • • <br /> EXHIBIT A <br /> Tax Increment Financing Districts No. 1 and No. 3 <br /> Cash Flow Projections <br /> TIF TIF TAX DEBT PARK ANNUAL 12/31 CASH <br /> No. 1 No. 3 COMBINED INCREMENT SERVICE PURCHASE OTHER SURPLUS BALANCE <br /> 12/31/92 Cash Balance <br /> $ 99,417 Debt Service <br /> $391,517 TIF Reserve $490,934 <br /> 1992 <br /> 1993 $164,850 $209,274 $490,934 <br /> 1994 $374,124(1) $119,601 $85,040(2) $169,483 $660,417 <br /> 1995 $370,000 $120,591 $177,000(3) $ 72,409 $732,826 <br /> $200,000 $109,323 $ 89,323 $822,149 <br /> 1996 <br /> 1997 $130,810 ($130,810) $691,339 <br /> 1998 $121,585 ($121,585) $569,754 <br /> $112,200 ($112,200) $457,554 <br /> (1) From Sherburne County 1993 Property Tax Book Assumptions <br /> (2) Woodland Trails Park Acquisition *Assumes a Tax Rate of 103.025 <br /> (3) Public Library Expansion *Projections do not Include Interest Income <br /> *TIF District No. 1 Terminates in 1995 <br /> *TIF District No. 3 Terminates in 1996 <br />