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New Proposed Housing TIF District: <br />Jackson Hill Phase 11 Project <br />Tax Increment Revenue Estimates <br />Existing Base Value <br />Estimated Total Taxable Value <br />Estimated Annual Available Increment <br />Total Gross Tax Increment (over 15 years) <br />Less City Retained (10%) <br />Net Amount Available for Development (90%) <br />Estimated Present Value at 4% <br />$233,700 <br />$6,300,000 <br />$94,995 <br />$1,588,062 <br />$7 58,806 <br />$1,429,256 <br />$968,000 <br />bakerti ll y <br />now, for tomorrow <br />