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. Buffered bike lanes - 10300-10500 S Vincennes; 1275-1400 W ($60,300) $0 $0 $0 $0 $0 ($60,300) 105th 4. Delegate Agencies $0 ($700) $0 $0 $0 $0 ($700) 5. Professional services ($5,400) $0 $0 $0 $0 $0 ($5,400) Subtotal ($65,700) ($1,224,700) ($903,900) ($915,200) ($927,100) ($945,300) ($4,981,900) Net Revenue $765,700 $654,500 $621,900 $835,100 $823,200 $805,000 $4,505,400 Proposed Projects 1. Lighting - Smart $0 $0 ($800,000) $0 $0 $0 ($800,000) Subtotal $0 $0 ($800,000) $0 $0 $0 ($800,000) Net Revenue $765,700 $654,500 ($178,100) $835,100 $823,200 $805,000 $3,705,400 Balance After Allocations $765,700 $1,420,200 $1,242,100 $2,077,200 $2,900,400 $3,705,400 1 of 200 October 2017 Tax Increment Financing (TIF) District Programming 2017-2021 Working Copy 107TH/HALSTED T-176 Ends on 12/31/2038 Fund / Project Balances 2017 2018 2019 2020 2021 Total Fund Balance 1. FY'16 year-end balance $1,411,700 $0 $0 $0 $0 $0 $1,411,700 2. Accrued liabilities $0 $0 $0 $0 $0 $0 $0 3. Revenue recognition adjustment ($76,900) $0 $0 $0 $0 $0 ($76,900) Subtotal $1,334,800 $0 $0 $0 $0 $0 $1,334,800 Net Revenue $1,334,800 $0 $0 $0 $0 $0 $1,334,800 Revenue 1. Property tax $0 $655,300 $655,300 $904,200 $904,200 $904,200 $4,023,200 Subtotal $0 $655,300 $655,300 $904,200 $904,200 $904,200 $4,023,200 Net Revenue $1,334,800 $655,300 $655,300 $904,200 $904,200 $904,200 $5,358,000 Transfers Between TIF Districts 1. From 119th/I-57 (Retail Thrive Zone) $0 $600,000 $0 $0 $0 $0 $600,000 Subtotal $0 $600,000 $0 $0 $0 $0 $600,000 Net Revenue $1,334,800 $1,255,300 $655,300 $904,200 $904,200 $904,200 $5,958,000 Current Obligations 1. Program administration $0 ($13,200) ($17,200) ($17,700) ($18,500) ($25,400) ($92,000) 2. Retail Thrive Zone ($1,000,000) ($600,000) $0 $0 $0 $0 ($1,600,000) Subtotal ($1,000,000) ($613,200) ($17,200) ($17,700) ($18,500) ($25,400) ($1,692,000) Net Revenue $334,800 $642,100 $638,100 $886,500 $885,700 $878,800 $4,266,000 Proposed Projects 1. Proposed redevelopment project #1 $0 $0 ($715,000) ($1,430,000) $0 $0 ($2,145,000) 2. Lighting - Smart $0 $0 $0 $0 $0 ($800,000) ($800,000) Subtotal $0 $0 ($715,000) ($1,430,000) $0 ($800,000) ($2,945,000) Net Revenue $334,800 $642,100 ($76,900) ($543,500) $885,700 $78,800 $1,321,000 Balance After Allocations $334,800 $976,900 $900,000 $356,500 $1,242,200 $1,321,000 2 of 200 October 2017 Tax Increment Financing (TIF) District Programming 2017-2021 Working Copy 111TH STREET/KEDZIE AVENUE BUSINESS DISTRICT T-073 Ends on 9/29/2022 Fund / Project Balances 2017 2018 2019 2020 2021 Total Fund Balance 1. FY'16 year-end balance $1,761,800 $0 $0 $0 $0 $0 $1,761,800 2. Accrued liabilities $421,800 $0 $0 $0 $0 $0 $421,800 3. Revenue recognition adjustment ($193,400) $0 $0 $0 $0 $0 ($193,400) 4. Surplus TIF funds ($34,400) $0 ($52,400) $0 $0 $0 ($86,800) Subtotal $1,955,800 $0 ($52,400) $0 $0 $0 $1,903,400 Net Revenue $1,955,800 $0 ($52,400) $0 $0 $0 $1,903,400 Revenue 1. Property tax $0 $655,600 $655,600 $706,000 $706,000 $706,000 $3,429,200 Subtotal $0 $655,600 $655,600 $706,000 $706,000 $706,000 $3,429,200 Net Revenue $1,955,800 $655,600 $603,200 $706,000 $706,000 $706,000 $5,332,600 Transfers Between TIF Districts 1. From Western/Rock Island (Repay prior transfer) $0 $0 $0 $0 $1,000,000 $500,000 $1,500,000 2. To Western/Rock Island (Morgan Park Sports Center) $0 ($500,000) ($500,000) ($500,000) $0 $0 ($1,500,000) Subtotal $0 ($500,000) ($500,000) ($500,000) $1,000,000 $500,000 $0 Net Revenue $1,955,800 $155,600 $103,200 $206,000 $1,706,000 $1,206,000 $5,332,600 Current Obligations 1. Program administration $0 ($14,600) ($15,300) ($15,800) ($16,400) ($18,900) ($81,000) 2. RA - Gendell Partners Mt Greenwood ($121,300) $0 ($122,500) ($123,700) ($125,000) ($126,300) ($618,800) 3. Streetscape - 111th, Central Park to Homan ($393,300) $0 $0 $0 $0 $0 ($393,300) 4. Small Business Improvement Fund ($142,500) $0 $0 $0 $0 $0 ($142,500) 5. Professional services ($6,800) $0 $0 $0 $0 $0 ($6,800) 6. Special Service Area 55 $0 ($14,000) ($14,000) ($14,000) ($14,000) ($14,000) ($70,000) Subtotal ($663,900) ($28,600) ($151,800) ($153,500) ($155,400) ($159,200) ($1,312,400) Net Revenue $1,291,900 $127,000 ($48,600) $52,500 $1,550,600 $1,046,800 $4,020,200 Proposed Projects 1. Lighting - Smart $0 $0 $0 ($800,000) $0 $0 ($800,000) 2. Streetscape project $0 $0 $0 ($500,000) ($1,250,000) ($850,000) ($2,600,000) Subtotal $0 $0 $0 ($1,300,000) ($1,250,000) ($850,000) ($3,400,000) Net Revenue $1,291,900 $127,000 ($48,600) ($1,247,500) $300,600 $196,800 $620,200 Balance After Allocations $1,291,900 $1,418,900 $1,370,300 $122,800 $423,400 $620,200 3 of 200 October 2017 Tax Increment Financing (TIF) District Programming 2017-2021 Working Copy 119TH AND HALSTED T-114 Ends on 12/31/2026 Fund / Project Balances 2017 2018 2019 2020 2021 Total Fund Balance 1. FY'16 year-end balance $2,807,400 $0 $0 $0 $0 $0 $2,807,400 2. Accrued liabilities $456,300 $0 $0 $0 $0 $0 $456,300 3. Revenue recognition adjustment ($343,800) $0 $0 $0 $0 $0 ($343,800) 4. Surplus TIF funds ($68,100) $0 ($210,500) $0 $0 $0 ($278,600) Subtotal $2,851,800 $0 ($210,500) $0 $0 $0 $2,641,300 Net Revenue $2,851,800 $0 ($210,500) $0 $0 $0 $2,641,300 Revenue 1. Property tax $0 $1,258,500 $1,258,500 $1,405,500 $1,405,500 $1,405,500 $6,733,500 Subtotal $0 $1,258,500 $1,258,500 $1,405,500 $1,405,500 $1,405,500 $6,733,500 Net Revenue $2,851,800 $1,258,500 $1,048,000 $1,405,500 $1,405,500 $1,405,500 $9,374,800 Current Obligations 1. Program administration $0 ($25,500) ($27,500) ($28,400) ($29,700) ($35,300) ($146,400) 2. RA - Maple Park Market Place $0 ($250,000) ($250,000) ($250,000) $0 $0 ($750,000) 3. ConRail Bikeway ($6,400) $0 $0 $0 $0 $0 ($6,400) 4. Neighborhood Improvement Program ($73,500) ($783,600) $0 $0 $0 $0 ($857,100) 5. Retail Thrive Zone ($250,000) $0 $0 $0 $0 $0 ($250,000) 6. Small Business Improvement Fund ($430,000) $0 $0 $0 $0 $0 ($430,000) 7. Professional services ($80,600) $0 $0 $0 $0 $0 ($80,600) Subtotal ($840,500) ($1,059,100) ($277,500) ($278,400) ($29,700) ($35,300) ($2,520,500) Net Revenue $2,011,300 $199,400 $770,500 $1,127,100 $1,375,800 $1,370,200 $6,854,300 Proposed Projects 1. Lighting - Smart $0 $0 ($800,000) $0 $0 $0 ($800,000) 2. Purchase Rehab Program - SF $0 $0 ($500,000) $0 $0 $0 ($500,000) Subtotal $0 $0 ($1,300,000) $0 $0 $0 ($1,300,000) Net Revenue $2,011,300 $199,400 ($529,500) $1,127,100 $1,375,800 $1,370,200 $5,554,300 Balance After Allocations $2,011,300 $2,210,700 $1,681,200 $2,808,300 $4,184,100 $5,554,300 4 of 200 October 2017 Tax Increment Financing (TIF) District Programming 2017-2021 Working Copy 119TH/I-57 T-125 Ends on 12/31/2026 Fund / Project Balances 2017 2018 2019 2020 2021 Total Fund Balance 1.