Tax Increment Financing (TIF) District Programming 2017-2021 105TH
Tax Increment Financing (TIF) District Programming 2017-2021 Working Copy 105TH/VINCENNES T-111 Ends on 12/31/2025 Fund / Project Balances 2017 2018 2019 2020 2021 Total Fund Balance 1. FY'16 year-end balance $1,022,200 $0 $0 $0 $0 $0 $1,022,200 2. Accrued liabilities $2,600 $0 $0 $0 $0 $0 $2,600 3. Revenue recognition adjustment ($193,400) $0 $0 $0 $0 $0 ($193,400) Subtotal $831,400 $0 $0 $0 $0 $0 $831,400 Net Revenue $831,400 $0 $0 $0 $0 $0 $831,400 Revenue 1. Property tax $0 $1,172,400 $1,172,400 $1,396,900 $1,396,900 $1,396,900 $6,535,500 Subtotal $0 $1,172,400 $1,172,400 $1,396,900 $1,396,900 $1,396,900 $6,535,500 Net Revenue $831,400 $1,172,400 $1,172,400 $1,396,900 $1,396,900 $1,396,900 $7,366,900 Transfers Between TIF Districts 1. From 119th/I-57 (RA - Renaissance Beverly Ridge) $0 $706,800 $353,400 $353,400 $353,400 $353,400 $2,120,400 Subtotal $0 $706,800 $353,400 $353,400 $353,400 $353,400 $2,120,400 Net Revenue $831,400 $1,879,200 $1,525,800 $1,750,300 $1,750,300 $1,750,300 $9,487,300 Current Obligations 1. Program administration $0 ($24,000) ($27,400) ($28,200) ($29,500) ($36,800) ($145,900) 2. RA - Renaissance Beverly Ridge $0 ($1,200,000) ($876,500) ($887,000) ($897,600) ($908,500) ($4,769,600) 3.
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