Laserfiche WebLink
• • • <br /> EXHIBIT D <br /> TAX INCREMENT FINANCING DISTRICT NO. 15 <br /> CASH FLOW ANALYSIS <br /> *1997 1998 1999 2000 2001 <br /> Original Net Tax Capacity(1) $1,150 $1,185 $1,220 $1,257 $1,294 <br /> Total Net Tax Capacity $1.150 $12,200 $12.200 $12.200 $12.200 <br /> Captured Net Tax Capacity $0 $11,016 $10,980 $10,943 $10,906 <br /> Estimated Tax Rate(2) 103.497 103.497 103.497 103.497 103.497 <br /> Captured Tax Increment 0 $11,401 $11,364 $11,326 $11,287 <br /> Cumulative Captured Tax Increment $11,401 $22,765 $34,091 $45,378 <br /> (1) Assumes a three percent (3%) annual increase in original tax capacity. <br /> (2) Based on a payable 1996 tax rate. This rate may change in 1997 and in subsequent years; <br /> This will result in a change in the actual amount of tax increment collected by the city. <br /> * Taxes will be generated in 1997, but no increment will be collected. The first year an <br /> increment will be collected is 1998 and is based on a finished market value as a January 1, 1997. <br />