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Appendix Table 7•E
<br />Tax Increment Revenue Projection
<br />South Main Street 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 />$418,485
<br />3
<br />Total Tax
<br />Increment
<br />Revenue
<br />at1 %(5)
<br />4
<br />Housing
<br />Set Aside
<br />-20%
<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 &
<br />Existing
<br />Pass Thrus
<br />8
<br />S9211
<br />Triggered
<br />Statutory
<br />Pass Thru
<br />Payments
<br />9
<br />Net TI After
<br />Statutory
<br />Pass Thru
<br />Trigger
<br />(2) 2004 -05
<br />2,036,376
<br />1,617,891
<br />15,443
<br />(3,289)
<br />(329)
<br />(1,483)
<br />11,343
<br />(36)
<br />11,307
<br />2005 -06
<br />2,109,131
<br />1,690,646
<br />17,171
<br />(3,434)
<br />(343)
<br />(1,910)
<br />11,464
<br />(74)
<br />11,410
<br />2006 -07
<br />2,184,623
<br />1,766,138
<br />17,926
<br />(3,585)
<br />(359)
<br />(3,289)
<br />10,693
<br />(113)
<br />10,580
<br />2007 -06
<br />2,262,957
<br />1,844,472
<br />18,709
<br />(3,742)
<br />(374)
<br />(3,433)
<br />11,160
<br />(153)
<br />11,007
<br />2008 -09
<br />2,344,243
<br />1,925,758
<br />19,522
<br />(3,904)
<br />(390)
<br />(3,562)
<br />11,645
<br />(195)
<br />11,450
<br />2009 -10
<br />2,428,596
<br />2,010,111
<br />20,366
<br />(4,073)
<br />(407)
<br />(3,737)
<br />12,148
<br />(238)
<br />11,910
<br />2010 -11
<br />2,516,135
<br />2,097,650
<br />21,241
<br />(4,248)
<br />(425)
<br />(3,897)
<br />12,670
<br />(284)
<br />12,387
<br />2011 -12
<br />2,606,984
<br />2,188,499
<br />22,149
<br />(4,430)
<br />(443)
<br />(4,064)
<br />13,212
<br />(330)
<br />12,882
<br />2012 -13
<br />2,701,270
<br />2,262,785
<br />23,092
<br />(4,518)
<br />(462)
<br />(4,237)
<br />13,775
<br />(379)
<br />13,396
<br />2013 -14
<br />2,799,128
<br />2,380,643
<br />24,071
<br />(4,814)
<br />(481)
<br />(4,417)
<br />14,359
<br />(429)
<br />13,929
<br />2014 -15
<br />2,900,696
<br />2,482,211
<br />25,087
<br />(5,017)
<br />(502)
<br />(4,603)
<br />14,964
<br />(463)
<br />14,461
<br />2015 -16
<br />3,006,119
<br />2,587,634
<br />25,141
<br />(5,228)
<br />(523)
<br />(5,192)
<br />15,198
<br />(539)
<br />14,658
<br />2016 -17
<br />3,115,547
<br />2,697,062
<br />27,235
<br />(5,447)
<br />(545)
<br />(5,410)
<br />15,834
<br />(597)
<br />15,237
<br />2017 -18
<br />3,229,136
<br />2,810,651
<br />28,371
<br />(5,674)
<br />(567)
<br />(5,635)
<br />16,494
<br />(657)
<br />15,837
<br />2018 -19
<br />3,347,048
<br />2,928,563
<br />29,550
<br />(5,910)
<br />(591)
<br />(5,869)
<br />17,180
<br />(720)
<br />16,460
<br />2019 -20
<br />3,469,451
<br />3,050,966
<br />30,774
<br />(6,155)
<br />(615)
<br />(6,113)
<br />17,891
<br />(785)
<br />17,106
<br />2020 -21
<br />3,596,520
<br />3,178,035
<br />32,045
<br />(6,409)
<br />(641)
<br />(6,365)
<br />18,630
<br />(852)
<br />17,778
<br />2021 -22
<br />3,728,439
<br />3,309,954
<br />33,364
<br />(6,673)
<br />(667)
<br />(6,627)
<br />19,397
<br />(922)
<br />18,475
<br />(3) 2022 -23
<br />3,865,395
<br />3,446,910
<br />34,734
<br />(6,947)
<br />(695)
<br />(6,899)
<br />20,193
<br />(995)
<br />19,198
<br />2023 -24
<br />4,007,585
<br />3,589,100
<br />36,155
<br />(7,231)
<br />(723)
<br />(7,181)
<br />21,020
<br />(1,070)
<br />19,950
<br />2024 -25
<br />4,155,215
<br />3,736,730
<br />37,632
<br />(7,526)
<br />(753)
<br />(7,475)
<br />21,878
<br />(1,148)
<br />20,730
<br />2025 -26
<br />4,308,497
<br />3,890,012
<br />39,165
<br />(7,833)
<br />(783)
<br />(7,977)
<br />22,572
<br />(1,230)
<br />21,342
<br />2026 -27
<br />4,467,651
<br />4,049,166
<br />40,756
<br />(8,151)
<br />(815)
<br />(8,301)
<br />23,489
<br />(1,314)
<br />22,175
<br />2027 -28
<br />4,632,908
<br />4,214,423
<br />42,409
<br />(8,482)
<br />(848)
<br />(8,638)
<br />24,441
<br />(1,402)
<br />23,040
<br />2028 -29
<br />4,804,506
<br />4,386,021
<br />44,125
<br />(8,825)
<br />(882)
<br />(8,987)
<br />25,430
<br />(1,492)
<br />23,938
<br />2029 -30
<br />4,982,693
<br />4,564,208
<br />45,907
<br />(9,181)
<br />(918)
<br />(9,350)
<br />26,457
<br />(1,587)
<br />24,870
<br />2030 -31
<br />5,167,729
<br />4,749,244
<br />47,757
<br />(9,551)
<br />(955)
<br />(9,727)
<br />27,524
<br />(1,685)
<br />25,839
<br />2031 -32
<br />5,359,880
<br />4,941,395
<br />49,678
<br />(91936)
<br />(994)
<br />(10,118)
<br />28,631
<br />(1,787)
<br />26,844
<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 />851,573
<br />(170,315)
<br />(17,031)
<br />(164,515)
<br />499,712
<br />(21,497)
<br />478,215
<br />Note: Commencing In FY 2004 -05, secured values Increase by 4% per year and unsecured values by 2% par year
<br />(1) Projectvalue as reported by the Orange county Auditor Controller.
<br />(2) Debt incurrence limit repealed by adoption of Summary Ordinance under SS 211.
<br />(3) Plan effectiveness limit of July 12022 (FY 2022 -23)
<br />(4) Debt repayment limit of July 6, 2032 (FY 2032 -33) and tax Increment allocations cease after such date.
<br />(5) Includes Unitary tax revenue, estlm ated Cou try admit lstrative fees and any forfeitures caused by tax increment receipts Ilmlt being reached.
<br />Page 41 of 190
<br />Prepared by Keyser Marston Associates, Inc.
<br />Filename: Ste Ana Merger 02- 23 -04: SM: 4/27/2004: GSH: Page 1 of 1
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