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APPENDIX B
<br /> ESTIMATED CASH FLOW FOR THE DISTRICT
<br /> Project Value Information
<br /> EMV Tax
<br /> Per Capacity Units Built Per Year
<br /> Project Unit Per Unit 2001 2002 2003 2004
<br /> Senior Housing (Class rate-1.20%/1.65%) 93,000 1,193 62 0 0 0
<br /> Tax Increment Projections
<br /> Tax Gross Local Net Local
<br /> Tax Capacity Values Extension Tax Retained Semi-Annual Contribution
<br /> Year Base Total Captured Rate Increment 10.00% Increment 5%
<br /> 2001 1,570 0 0 1.04005 0 0 0 0 8/1/2001
<br /> 0 2/1/2002
<br /> 2002 1,570 0 0 1.04005 0 0 0 0 8/1/2002
<br /> 0 2/1/2003
<br /> 2003 1,570 73,935 72,365 1.04005 75,263 (7,526) 33,868 3,763 8/1/2003
<br /> 33,868 2/1/2004
<br /> 2004 1,570 76,892 75,322 1.04005 78,339 (7,834) 35,253 3,917 8/1/2004
<br /> 35,253 2/1/2005
<br /> 2005 1,570 76,892 75,322 1.04005 78,339 (7,834) 35,253 3,917 8/1/2005
<br /> 35,253 2/1/2006
<br /> 2006 1,570 76,892 75,322 1.04005 78,339 (7,834) 35,253 3,917 8/1/2006
<br /> 35,253 2/1/2007
<br /> 2007 1,570 76,892 75,322 1.04005 78,339 (7,834) 35,253 3,917 8/1/2007
<br /> 35,253 2/1/2008
<br /> 2008 1,570 79,968 78,398 1.04005 81,538 (8,154) 36,692 4,077 8/1/2008
<br /> 36,692 2/1/2009
<br /> 2009 1,570 83,167 81,597 1.04005 84,865 (8,486) 38,189 4,243 8/1/2009
<br /> 38,189 2/1/2010
<br /> 2010 1,570 86,493 84,923 1.04005 88,325 (8,832) 39,746 4,416 8/1/2010
<br /> 39,746 2/1/2011
<br /> 2011 1,570 89,953 88,383 1.04005 91,923 (9,192) 41,365 4,596 8/1/2011
<br /> 41,365 2/1/2012
<br /> 2012 1,570 93,551 91,981 1.04005 95,665 (9,567) 43,049 4,783 8/1/2012
<br /> 43,049 2/1/2013
<br /> 2013 1,570 97,293 95,723 1.04005 99,557 (9,956) 44,801 4,978 8/1/2013
<br /> 44,801 2/1/2014
<br /> 2014 1,570 101,185 99,615 1.04005 103,605 (10,360) 46,622 5,180 8/1/2014
<br /> 46,622 2/1/2015
<br /> 2015 1,570 105,233 103,663 1.04005 107,814 (10,781) 48,516 5,391 8/1/2015
<br /> 48,516 2/1/2016
<br /> 2016 1,570 109,442 107,872 1.04005 112,192 (11,219) 50,486 5,610 8/1/2016
<br /> 50,486 2/1/2017
<br /> 2017 1,570 113,820 112,250 1.04005 116,745 (11,675) 52,535 5,837 8/1/2017
<br /> 52,535 2/1/2018
<br /> 2018 1,570 118,372 116,802 1.04005 121,480 (12,148) 54,666 6,074 8/1/2018
<br /> 54,666 2/1/2019
<br /> 2019 1,570 123,107 121,537 1.04005 126,405 (12,640) 56,882 6,320 8/1/2019
<br /> 56,882 2/1/2020
<br /> 2020 1,570 128,031 126,461 1.04005 131,526 (13,153) 59,187 6,576 8/1/2020
<br /> 59,187 2/1/2021
<br /> 2021 1,570 133,153 131,583 1.04005 136,853 (13,685) 61,584 6,843 8/1/2021
<br /> 61,584 2/1/2022
<br /> 2022 1,570 138,479 136,909 1.04005 142,392 (14,239) 64,076 7,120 8/1/2022
<br /> 64,076 2/1/2023
<br /> Total 2,029,504 (202,950) 1,826,554 101,475
<br /> The figures above are estimates of future tax increment revenues based on assumptions about property
<br /> values in the District and the operation of the property tax systems. Changes in these assumptions will alter
<br /> the projected revenues. These projections intended solely to illustrate the revenues that could be created
<br /> if these assumptions become reality.
<br /> APPENDIX B-I
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