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MOORESVILLE (INDIANA) REDEVELOPMENT COMMISSION <br /> <br /> Allocation Area No. I <br /> <br /> ESTIMATED TAX INCREMENT REVENUE AND <br /> ASSESSED VALUE AVAILABLE FOR PASS-THROUGH <br /> <br />I. Estimated Tax Increment Available for Pass-Through: ~ l ~./ <br /> // Estimated <br /> Estimated Tax Increment <br /> Outstanding <br /> Available for <br /> Year Increment (1) Obligations (2) ~ / Pass-Through <br />..... /(2°°°/°) /' <br /> 2005 $505,290 $273,000 t $546,000 / $0 <br /> 2006 533,980 273,000 / 546,000 ~ 0 <br /> 2007 558,870 82,948 / 165,897 \ 392,973 <br /> 2008 575,460 99,538 \199,076 } 376,384 <br /> 2009 592,050 116,128 \ 232,255 / 359,795 <br /> 2010 608,640 132,717 ~ 265,435 / 343,205 <br /> 2011 625,230 149,307 ~98,614 /~_~ 326,616 _.. <br /> <br />II. Estimated Assessed Value Available for Pass-Throuffh4_ / <br /> <br /> Estimated Assessed <br /> Tax Increment Value · <br /> Available for Net Available for <br /> Year Pass-Through Tax Rate (3) Pass-Through <br /> <br /> 2005 $0 $1.6195 :~;X/~? $0 <br /> 2006 0 1.6195~-~'tr~r;~'-. 0 <br /> 2007 392,973 1.6195 h) ~ 24,265,390 <br /> 2008 376,384 1.6195 / 23,241,030 <br /> 2009 359,795 1.6195 22,216,670 <br /> 2010 343,205 1.6195 21,192,300 <br /> 2011 326,616 1.6195 20,167,940 <br /> <br /> (1) Refer to page 4. <br /> (2) Refer to page 3. ~.. <br /> (3) Net tax rate based on 2003 gross tax rate of $2.1723 less the state property <br /> tax replacement credit for real property of .254484 for the Town of Mooresville. / <br /> <br /> PRELIMINARY DRAFT <br /> For Review and Discussion <br /> Prepared by: H.J. Umbaugh & Associates <br /> December 9, 2003 <br /> <br /> 6 <br /> <br /> <br />