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  • Example TAD District and General Fund Displacement

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    CityStink Augusta
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    The 30-year final maturity of TAD financings is generally based on underlying values that experience no inflation. A 3-4 percent rate of inflation will retire bonds in about 15 years, with increment thereafter reverting to taxing authorities. If a TAD or other incentive is not targeted at its revitalization, property and other tax revenues generally follow their historic trend or decline.

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    The 30-year final maturity of TAD financings is generally based on underlying values that experience no inflation. A 3-4 percent rate of inflation will retire bonds in about 15 years, with increment thereafter reverting to taxing authorities. If a TAD or other incentive is not targeted at its revitalization, property and other tax revenues generally follow their historic trend or decline.

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    Signaler comme contenu inapproprié
    16 vues1 page

    Example TAD District and General Fund Displacement

    Transféré par

    CityStink Augusta
    The 30-year final maturity of TAD financings is generally based on underlying values that experience no inflation. A 3-4 percent rate of inflation will retire bonds in about 15 years, with increment thereafter reverting to taxing authorities. If a TAD or other incentive is not targeted at its revitalization, property and other tax revenues generally follow their historic trend or decline.

    Droits d'auteur :

    Attribution Non-Commercial (BY-NC)
    Téléchargez comme PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    sur 1

    Attachment number 3 \nPage 17

    When Redevelopment Occurs, Where Do Revenues


    Generated within the TAD Go?
    $3,500,000

    $3,000,000

    ><
    ('IS

    $1,500,000

    CD

    .c

    .5

    fn
    CD

    $2,500,000
    $2,000,000

    $1,000,000

    CD

    $500,000

    Q.

    $-

    D.

    Year 5

    Base
    Year
    [!J

    Year 10

    Year 15

    Year 20

    Year 25

    Year 30

    Year 31

    Year 32
    and
    beyond

    Iii City, County and School Share

    Share to pay Redevelopment Costs

    NOTE: Most TADs are designed to end before 30 years, and TAD financing can be paid off even earlier, as
    represented by the change in shading after years 20 and 25. These tax proceeds are returned to local
    governments. The 30-year final maturity of TAD financings is generally based on underlying values that
    experience no inflation. Typically, a 3-4 percent rate of inflation will retire bonds in about 15 years, with all
    increment thereafter reverting to the taxing authorities.

    When there is no significant improvement in a distressed area, and no TAD or other incentive is targeted at its
    revitalization, property and other tax revenues generally follow their historic trend or decline. Often the area
    shows no significant improvement or potential to generate new revenue.

    Redevelopment Goes Elsewhere


    if TAD Is Not Approved
    $3,500,000
    $3,000,000
    GI
    UI
    lIS

    $2,500,000

    GI
    :::I

    $2,000,000

    III
    &:

    GI

    $1,500,000

    0::

    $1,000,000

    I-

    $500,000

    ..............................................................................................
    .............................................................................................. ,
    . . . . . . . . . . . . . . . . .. .. .... . . . . . .. .. .. .... .. . . . .. .. .. .. .... . .. . .. . . .
    ..............................................................................................
    . . . . . .. .... . . . . . . . . . .. . . . . . . . .... .. . . . . . . .. .. . . . . . .. . .. .. . .
    ..

    ..

    ..

    ......

    ....

    ....

    ................

    ....................

    ......

    ..

    ..

    ..

    ..

    "

    ..

    ..

    ..

    ....

    ....

    ....

    ......

    ..

    "

    ..

    ......

    ....

    ....

    "

    $-

    "

    " """

    Ba.e Year

    ..

    ..

    ..

    " " " " "

    Year 5

    ..

    "

    '"

    , , ,

    ..

    '"

    r.

    ..

    ""

    Year 10

    ........

    "'

    ....

    '"

    '"

    . , .... ,
    r

    "

    "

    ......

    "

    "

    "

    " " "'"

    Year 15

    City, County & School Share

    ""

    "

    "

    "

    "

    "

    ...... , ..........
    "

    Year 20

    "

    Year 25

    "

    , "

    "

    ..

    "

    "

    "

    "

    ..........
    r

    Year 30

    "

    " ,

    ..

    ....

    r,

    "

    "

    "

    "

    .......... .
    r

    Year 31

    Year 32
    and
    beyond

    Item # 2
    Another Tool Helping to Build One Augusta

    Page 16

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