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bakerti ll <br /> y <br /> now,for tomorrow <br /> New Proposed Housing TIF District: <br /> Jackson Hill Phase 11 Project <br /> Tax Increment Revenue Estimates <br /> Existing Base Value $233,700 <br /> Estimated Total Taxable Value $6,300,000 <br /> Estimated Annual Available Increment $94,995 <br /> Total Gross Tax Increment (over 15 years) $1 ,588,062 <br /> Less City Retained (10%) $ 158,806 <br /> Net Amount Available for Development (90%) $1 ,429,256 <br /> Estimated Present Value at 4% $968,000 <br />