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Appendix Table 7 -C
<br />Tax Increment Revenue Projection
<br />North Harbor Boulevard Project
<br />Santa Ana Community Redevelopment Agency
<br />(000's Omitted)
<br />FY
<br />Total
<br />Project
<br />Value (1)
<br />2
<br />Increment
<br />Over Base
<br />$53,289
<br />3
<br />Total Tax
<br />Increment
<br />Revenue
<br />at 1% (5)
<br />4
<br />Housing
<br />Set Aside
<br />-30e/
<br />5
<br />Less
<br />County
<br />Admin Fee
<br />-2%
<br />6
<br />Existing
<br />Pass
<br />Throughs
<br />Agreements
<br />7
<br />Net TI After
<br />Housing B
<br />Existing
<br />Pass Thrus
<br />8
<br />SB211
<br />Triggered
<br />Statutory
<br />Pass Thru
<br />Payments
<br />g
<br />Net TI After
<br />Statutory
<br />Pass Thru
<br />Trigger
<br />(2) 2004 -05
<br />258,130
<br />204,841
<br />2,064
<br />(619)
<br />(41)
<br />(82)
<br />1,322
<br />(18)
<br />1,303
<br />2005 -06
<br />268,038
<br />214,749
<br />2,163
<br />(649)
<br />(43)
<br />(66)
<br />1,385
<br />(37)
<br />1,348
<br />2006 -07
<br />278,335
<br />225,045
<br />2,266
<br />(680)
<br />(45)
<br />(90)
<br />1,451
<br />(57)
<br />1,394
<br />2007 -08
<br />289,034
<br />235,745
<br />2,373
<br />(712)
<br />(47)
<br />(94)
<br />1,520
<br />(78)
<br />1,442
<br />2008 -09
<br />300,153
<br />246,864
<br />2,484
<br />(745)
<br />(50)
<br />(96)
<br />1,591
<br />(99)
<br />1,492
<br />2009 -10
<br />311,708
<br />258,419
<br />2,600
<br />(760)
<br />(52)
<br />(103)
<br />1,665
<br />(121)
<br />1,543
<br />2010 -11
<br />323,716
<br />270,427
<br />2,720
<br />(816)
<br />(54)
<br />(108)
<br />1,742
<br />(144)
<br />1,597
<br />2011 -12
<br />336,195
<br />282,906
<br />2,844
<br />(853)
<br />(57)
<br />(113)
<br />1,822
<br />(168)
<br />1,653
<br />2012 -13
<br />349,154
<br />295,875
<br />2,974
<br />(892)
<br />(59)
<br />(118)
<br />1,905
<br />(193)
<br />1,711
<br />2013 -14
<br />362,642
<br />309,353
<br />3,109
<br />(933)
<br />(62)
<br />(123)
<br />1,991
<br />(219)
<br />1,772
<br />2014 -15
<br />376,650
<br />323,360
<br />3,249
<br />(975)
<br />(65)
<br />(129)
<br />2,081
<br />(264)
<br />1,817
<br />2015 -16
<br />391,208
<br />337,918
<br />3,395
<br />(1,018)
<br />(68)
<br />(134)
<br />2,174
<br />(310)
<br />1,864
<br />2016 -17
<br />406,338
<br />353,048
<br />3,546
<br />(1,064)
<br />(71)
<br />(140)
<br />2,271
<br />(358)
<br />1,913
<br />2017 -18
<br />422,062
<br />366,773
<br />3,703
<br />(1,111)
<br />(74)
<br />(147)
<br />2,371
<br />(408)
<br />1,963
<br />2018 -19
<br />438,406
<br />385,116
<br />3,867
<br />(1,160)
<br />(77)
<br />(153)
<br />2,476
<br />(460)
<br />2,016
<br />2019 -20
<br />455,392
<br />402,102
<br />4,036
<br />(1,211)
<br />(81)
<br />(160)
<br />2,585
<br />(514)
<br />2,071
<br />2020 -21
<br />473,046
<br />419,757
<br />4,213
<br />(1,264)
<br />(84)
<br />(167)
<br />2,698
<br />(570)
<br />2,128
<br />2021 -22
<br />491,396
<br />438,106
<br />4,396
<br />(1,319)
<br />(88)
<br />(174)
<br />2,615
<br />(629)
<br />2,187
<br />(3) 2022 -23
<br />510,468
<br />457,179
<br />4,587
<br />(1,376)
<br />(92)
<br />(182)
<br />2,938
<br />(689)
<br />2,248
<br />2023 -24
<br />530,291
<br />477,002
<br />4,785
<br />(1,436)
<br />(96)
<br />(190)
<br />3,065
<br />(752)
<br />2,312
<br />2024 -25
<br />550,896
<br />497,606
<br />4,991
<br />(1,497)
<br />(100)
<br />(198)
<br />3,197
<br />(818)
<br />2,379
<br />2025 -26
<br />572,312
<br />519,022
<br />5,206
<br />(1,562)
<br />(104)
<br />(206)
<br />3,334
<br />(886)
<br />2,448
<br />2026 -27
<br />594,572
<br />541,283
<br />571
<br />(171)
<br />(11)
<br />(23)
<br />366
<br />0
<br />366
<br />2027 -28
<br />617,711
<br />564,421
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />2028 -29
<br />641,762
<br />588,472
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />2029 -30
<br />666,762
<br />613,472
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />2030 -31
<br />692,748
<br />639,459
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />2031 -32
<br />719,761
<br />665,471
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />(4) 2032 -33
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />Totals
<br />76,143
<br />(22,843)
<br />(1,523)
<br />(3,015)
<br />48,761
<br />(7,796)
<br />40,965
<br />Note'. Commencing In FY 200405, secured values Increase by 4% per year and unsecured values by 2% per year.
<br />(1) Protect value as reported by the Orange County Auditor Controller.
<br />(2) Debt Incurrence limit repealed by adoption of summary Ordinance under 56 211.
<br />(3) Plan effectiveness limit of July 6, 2022 (FY 202223)
<br />(4) Debt repayment limit of July 6, 2032 (FY 2032 -33) and tax increment allocations cease after such date.
<br />(5) Includes Undary tax raven us, saturated Cc unty ad minletrative fees and any forfeitures caused by tax Increment receipts IImi being reached.
<br />Page 39 of 190
<br />Prepared by Keyser Marston Associates, Inc.
<br />Filename: Sta Ana Merger 02- 23 -04: NH: 4/27/2004: GSH: Page 1 of 1
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