Loading...
HomeMy WebLinkAbout8AReportPart6Appendix C Potential Funding Sources 0 c 0 0 0 0 ii Kit E 5E Ei 0 . . . 75 73 L2 — 1, 0 E C, tA t; 0 :E I: o :7; in . > 6, ,q R 9.5 z it, E E > I 5 E A t2 it E j , 0 itl 0 lHo is Euu` E Y.Eo > �b E I E Et-T .... lit iq% 2 g2y !z4l t_ CY< 5 E Ei ig ZA > < it, EJ E! E p tit it, -5 r < E i,, . it t; Ej tit .R' tot ci �cO� iH 44 in; tit H 1" 2 i't 2 i. E 2,1 15 it t! E .2 � l, . . r v .2 ii� Iji — u . � iz 5 E 1.5 > it, o�ceyaoo < > Hilt v nit E E! 3m E E 0 zi;i X Cl ni 0 u z LIM u X. ti: Tic zpz:, lit o = E c > in: l;i: tit 7n mi inm E2 U o PL, E Of' c.a �t .� p O r MR C 2 O '-V+ q h c cit �c� u o� cc cow 0 n >, �'�c••:.:e a d > � "'>.0 m v Ec 6 it I!:: c 9 v .+ E F Ev' "d o-'S '°si 3 b tit E ":::: v>it tit !!i � v B u _ ° .E � n_ .$ y a a ` E � � o >• E 3 `o t _u m ti "iti; a u u> �v1 E.5c eu�o,E� acEn`o °-0p iUu mva Q"_oca >>'-N v �O o�u va u i:,, oa C j:Cep J U J C E 'u ° .o t " L j ._ ` T c 'c ? Jq = v'_ v �3 .o S v tit `a E L c c ._ � a hac, c a.^� c v o� c o Etito L°: EqO° 2 �. _ �"'S EF;EEn�P3 J ra'v L CO >'u 0 N 0 C x N C V C p e GO S v= E m =JCp� a v�VCllO 'vE� Ea LO C:p9 ❑V'���C °cO J �U d �E.'- ou oua Zdv�> nE€ua "tea '„E'c HE'""',v,>uu �o—P :=•`. E> S v Y e E c c 3 v v q E cF Q 5p :b ec °c'So yo 9a of 3� c ': >> o�` v , C o o z y E n:. U c g` E E ^U ci¢tJ Oa Oc: UG Uue�Ua°�UUU c iti ict c E ¢ a tot v n 0 P4 E e V n m 0 o o Li o c p— '-U UO m-lU ° C 6 C°1 p 20 9 C r. a C G C i li U O O U O O O U U U O e. C> H v m c c i c g 0 :,, a c g Lq V C O 3 a G O U q? CD y a N .y b a ojvw 2 o Ei .-moo s c a `0 'ca o y ;E u ❑ E cs tl_ v c 9 o a O i°. v "d,E �.E av u - r' a N v ua "mac :.L. ocoEc cq az c s v v9 a _ �i: U C O C O O C :.. > q im is c 3 v g c v E E °" a> U -• E E `° L u `v v E v `v' =i.ag oaE_ac q0 va' n > o0 v o a En o >.cc? cE p° O.0 O c V 4 �GpGE.E 't pu° aL mqC E N,$u o .0 o e a Q o o o v o a EV Ev G .;,ue eo Eu c c o E m eaiEu ougii q v's�-°'�, eU e'-E": - °> E .c cc u c x ° v c o c o 'j � �S .� a E a e g 3° ... �` u9 2 E .. •$ o_ .-ca o_ N E °.oc cc 2c �ecU> 2E°m Ue y oE 'is a E E.g y -q - c q a m g E a-,v° ,c E o LL cua .J .+ V O C q y E.°9eG��ov° U U 9 E O O x n> pOj U C QUaav_.e? q g Z >E uc voJ>c,uaa'^v�c� ua -E i-q uEe>i'c vo ogC'_m c cE°E °o, J2 sue.o =o°o c a o \gvNEd °'N cuv _ E h= q u O Tco oa.ti . va¢:-ym -En-.�� j .gq= EE:E o>o'c o -qcE Y O :"i: q :"i: U 9 aaca �v �'-m > �f. ° .nc 9 >o`o a: >- eu°s-e -E W ° 9 `o Yova 5La uEg -- E'> - >E ° c cc oo�svo�Eo iii �'-cu TL 9vga `o oo c`. E m c v U ...NEood°E vaq E ona o.v0'L' C1 vu:E tRa v C c v >,v�y�Eau vEE r v vv`Vo'e= oc'E uE�vn E't;6 c�uc v2gE '" E E F? v m A c° E E•U v u`o > a c v c P o r 2 c£ID � E Uri Gc?vad-v,Wa � W -> FCuc..5 Lw.�a`a 21 `o°u N m E 6 E 6 E ui"" ❑ O W O W oW v, E U °oq�E- `o '! O ` U U u Q '7 :'raE v a ❑'- > o ❑'- N a ❑'e O.pS E'e u 2=�=== y ❑ _. 01 �• a N Umr F v° o Um = G v mo u EE vE ue °:-"�,�06aE1I-°F°gam :__e_negO o a°EF,q e e nq c o o.E o.c E.� q W �'� c c v e m = E e E g a e a= E? E E E E ;c c a g O f a o f 9 E E 9 E E 9 9 .0 mM W Q W Q W Q VIQ ZQZ ev Z0. ZL rn n: ULLU U.''-: 2 UL 2.0 03U UUU U.E c c y C7 E G s E c Ca. g U q Q C ri "o O F ° :_1 F p° Q E c G v c t - U w o U c 0. q o` 2 !a E u_CLL� _9r,U:vQ Eo acoocv �o ;> e c Eideia 1; UU cc-: F vi ti vEi Q .qa w' Zz' c: 2'U Z'Z'0.`Uw`o KU UZ 1 s )\n : mt \\ \ )EP fill ])�\ $ ucl m \\ } o 0 Appendix D Tax Increment Projections Table A-lA Summary of Total Projected Tax Increment From 2005/6 Through End of Project Petaluma Plan Amendments & Fiscal Merger - PCD and CBD Nominal Constant Dollars 2005/06 Dollars County Distribution of Basic Incremental Taxes Incremental Tax Revenues $997,955,001 $410,898,844 Less: Unilateral 2% Election 46,283,859 18,782,593 Less: County Property Tax Admin Fee 16,965,235 6,985,280 Tax Revenues Remitted to Agency 934,705,907 385,130,971 TI Available to Agency After Obligations Tax Revenues Remitted to Agency 934,705,907 385,130,971 Less: Pass-Throughs to Taxing Entities 329,145,504 127,863,704 Less: State ERAF Payment 904,053 904,053 TI Available to Agency After Obligations 604,656,351 256,363,213 Projected Use of TI Funds Agency Administration (Nan-Hsg) 30,235,886 13,198,500 TI Available for Housing Programs 190,334,228 78,423,250 TI Available for Non -Housing Projects 384,086,236 164,741,464 Total TI Funds Used by Agency 604,656,351 256,363,213 Subtotal, TI forHousin £Projects 574,420,465 243,164,714 Cumulative TI for Housing Programs 2014/ 15 35,022,233 27,125,398 2024/ 25 95,281,862 54,608,790 2034/ 35 169,207,546 74,799,752 2046/ 47 190,334,228 78,423,250 Cumulative TI for Non -Housing Projects 2014/ 15 80,445,974 62,199,186 2024/ 25 207,734,640 120,602,085 2034/ 35 342,927,984 157,809,453 2046/ 47 384,086,236 164,741,464 Note: These projections have been updated to reflect actual FY 2005/06 revenues and obligations as reported by the Sonoma County Auditor -Controller in May 2006. Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Table A-1B Summary of Projected Tax Increment by Project Area From 200516 Through End of Project Petaluma Plan Amendments & Fiscal Merger - PCD and CBD PCD CBD Project Area Project Area TOTAL Future Value Dollars County Distribution of Basic Incremental Taxes Incremental Tax Revenues $766,990,457 $230,964,545 $997,955,001 Less: Unilateral 2% Election 46,283,859 0 46,283,859 Less: County Property Tax Admin Fee 13,038,838 1926,397 16,965,235 Tax Revenues Remitted to Agency 707,667,760 227,038,147 934,705,907 TI Available to Agency After Obligations Tax Revenues Remitted to Agency 707,667,760 227,038,147 934,705,907 Less: Pass-Throughs to Taxing Entities 266,617,824 62,527,679 329,145,504 Less: State ERAF Payment 894.053 10 000 904,053 TI Available to Agency After Obligations 440,155,882 164,500,468 604,656,351 Projected Use of TI Funds Agency Administration (Non-Hsg) 27,161,583 3,074,302 30,235,886 TI Available for Housing Programs 144,141,320 46,192,909 190,334,228 TI Available for Non -Housing Projects 268,852 979 115,233 257 384,086 236 Total TI Funds Used by Agency 440,155,882 164,500,468 604,656,351 Subtotal, TI or Housing & Projects 412,994,299 1 161,426,166 574,420,465 Present Value Dollars County Distribution of Basic Incremental Taxes Incremental Tax Revenues 324,105,338 86,793,506 410,898,844 Less: Unilateral 2% Election 18,782,593 0 18,782,593 Less: County Property Tax Admin Fee 5,509,791 1,475,490 6,985,280 Tax Revenues Remitted to Agency 299,812,954 85,318,017 385,130,971 TI Available to Agency After Obligations Tax Revenues Remitted to Agency 299,812,954 85,318,017 385,130,971 Less: Pass-Throughs to Taxing Entities 106,810,990 21,052,714 127,863,704 Less: State ERAF Payment 894,053 10 000 904.053 TI Available to Agency After Obligations 192,107,911 1 64,255,302 256,363,213 Projected Use of TI Funds Agency Administration (Non-Hsg) 11,896,570 1,301,930 13,198,500 TI Available for Housing Programs 61,064,549 17,358,701 78,423,250 TI Available for Non -Housing Projects 119,146,792 45,594,671 164,741,464 Total TI Funds Used by Agency 192,107,911 64,255,302 256,363,213 Subtotal, TI for Housing & Projects 180,211,341 62,953,373 243,164,714 Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Table A-2A Tax Increment Projections Petaluma Plan Amendments & Fiscal Merger - PCD and C➢D (In Future Value or Nominal Dollars) County Distribution of ➢.sic lncromemol Taxes Ate v Obli rations Net Tax lnerement Net Tax Increment (1) (2) (3) (4) (5) (6) (7) Available for Available for Incremental Unflateml County Net Tuxu Pass- state AGency Hmain Pro rams NomHnusin. Pro'ects Year Fistal Tax 2% Admin Remitted Through ERAF Admin (8) (9) (10) (111 N Year Revenues* Elections Fee to A en Payments Pa ment Fus rees Annual Cumulative Annual Cumulative 0 2005/ 06 13.804,895 619,248 234,683 12,950,963 3.6Z9,716 904,053 592,957 2.637,129 2,637,129 5,187,108 5,187.108 I 2006/ 07 14.583,445 66Z,542 247,919 13,672.985 3.755,028 0 612,433 2.784,181 5,421,310 6,521,343 11,708,451 2 Z007/ 08 15,540,828 706,702 264,394 14,569.932 3,979,397 0 632,827 2,966,025 8,388,135 6.990.883 -18,699,334 3 2008/ 09 16,538,618 751,745 281.157 15,505,716 4.217.903 0 649,691 3,157.375 11,545,510 7.480,748 26,180,083 4 2009/ 10 17,584.646 797,690 293.939 16,488,017 4,547.707 0 669,168 3,357,391 14,902,901 7,913,75Z 34,093,834 5 20101 II 18,681.072 844,553 317578 17,518,940 4,894.011 0 689,231 3,567.304 18,470,205 8,368,394 42,462,228 6 20111 IZ 19,830,150 892,353 337,113 18.600,684 5,257,6Z7 0 709,899 3,787,559 22,257,764 8,845,599 51,307,827 7 2012/ 13 Z1,009,557 94 1. 110 357,162 19.711,284 5,705,605 0 731,183 4,013,689 26,271,454 9,260,802 60,568,629 8 20131 14 22,Z45,694 990,842 378,177 20.876,675 6,167,190 0 753,117 4.250,970 30.522,424 9,705,398 70,274,027 9 2014/ 15 23,540,616 1,041,569 400,190 22.098.857 6,651,396 0 775,705 4,499,809 35.022,233 10,171,947 8D,445,974 10 2015/ 16 24896,965 1,093,308 423,248 23,380.409 7,159,290 0 798,970 4,760,731 39,782,965 10.661,417 91,107,391 Ii 20161 17 26.317,498 1,146,083 447.397 24,724,018 7.691,986 0 822,935 5.034,283 44,817,248 11.174.814 102,282,205 12 2017/ 18 27.805,099 1,199,913 472,687 26,132,500 8,250,649 0 847,618 5,321,037 50,138,285 11,713,195 113,995,400 13 2D18/ 19 29,362,781 1,254.821 499.167 27,603,793 8.836.495 0 873,043 5,621,592 55,759,877 12,277,663 126,Z73,063 14 2019/ 20 30,993,693 1,310,827 526,893 29,155,973 9,538,189 0 899,Z30 5,936.573 61,696,450 )2,781,981 139,055,044 15 2020/ ZI 32,266.637 1,367,952 548,533 30,350,152 10,245.107 0 926,206 6,179,737 67,876,187 12,999,103 152,054,147 16 20Z11 22 33,606.509 1,426,219 571,311 31,608,980 10,868,045 0 953.991 6,436,058 74,312,245 13.350,886 165,405,032 17 20Z2/ 23 35,007.836 1A85.653 595,133 32,9Z7,050 11,521,088 0 982,609 6,704.437 81,016,682 13,718,916 179,123,948 18 20Z3/ 24 36,473.552 1.546_75 620,050 34,307,226 12,205.742 0 1,012,086 6,985.455 88.001,137 14,103,942 193.227,891 19 2024/ 25 38,006.734 1,608,110 646,114 35,752,509 12,923.587 0 1,042,448 7,279,725 95.781,862 14,506.750 207.734,640 20 2025/ 26 38.917,755 1,671,182 661,602 36,584,971 13,468,116 0 1,073,720 7;449,315 102.731,176 14,593.821 222.328g61 21 2026/ 27 39.664.749 1.735,515 677,701 37.451.533 13,885,257 0 1,105,930 7,625,847 110,357,023 14,834,499 237,162,960 22 2027/ 28 10.835,418 1,601,134 694,202 38,340.082 14,312,BZ5 0 1,139,107 7,806,857 118,163,880 15,081,294 252,244,254 23 2028/ 29 41.830,354 1,868,065 711,116 39,251,173 14.751,088 0 1,173,279 7.992,458 126,156,338 15,334.348 767,578,602 24 ZD29/ 30 35,752,748 1,936,335 607.797 33,205,616 13,241,029 0 1,124,767 6.763283 132,919,621 12,079.538 279.658,139 25 2030/ 31 36,618,695 2,005,971 622,518 33,990,206 13,610,772 0 1, 158,51D 6.922,545 139,842,165 12,Z68,379 291,926,519 26 2031/ 32 37,50fi,290 2,077,000 637.607 34,791,683 14,050,543 0 1,193,Z65 7.085,858 146,928,023 12.462,017 304,388.536 27 2032/ 33 38,416,075 2,149,44B 653,073 35,613,551 14.460,124 0 1,229.063 7,253,325 154,181,349 12,651,042 317,039,577 28 2033/ 34 39,348.605 2.223,345 668,926 36,456,334 14,920,4% 0 1,265,935 7.425,052 161,606,401 12,B44,851 329,884,428 29 2034135 40,304.448 2,298,7Z1 685,176 37.320.551 15,371,937 0 1,303,913 7,601,145 169,207,546 13.043,556 342,927,984 30 2035136 41,284.187 2,375.604 701,831 38,206,752 15,834.733 0 1.343.030 7,181,717 176,989,263 13,247,272 356,175Z56 31 2036137 20.133.226 2,454,024 342,265 17,336,937 6,826,855 0 554.214 3,535.840 180,525,103 6.420,028 362,595 Z84 32 20371 3B 4,333,678 73.673 4.260,006 1,384,504 0 51,972 866.736 181,391,839 1.956,794 364.552.078 33 2038/ 39 4,45Z,278 75.689 4.376,589 1,435,837 0 53,531 890.456 132,282,294 1.996.766 366.548.843 34 2039/ 40 4,573,843 77,755 4.496.088 1,488,453 0 55,137 914,769 183,197,063 2,037.729 368.586,572 35 2040/ 41 4,698.447 79,874 4.618.574 1,542,385 0 56.791 939.689 184.136.753 2,079.708 370.666,280 36 2041/ 42 4.826,167 82,045 4,744.122 1,597,665 0 58g95 965,233 185,101,986 2,12Z,728 372,789,008 37 2042/ 43 4.957,079 84,270 072809 1.654,3Z7 0 60,250 991,416 186,093.402 2,166,815 374,955,823 38 2043144 5.091,264 e6,i51 5,004,712 1,712406 0 62,057 1.018,253 187,111,654 2,211,996 377.167,820 39 2044/45 5,228,804 88,690 5,139,914 1,771:937 0 63,919 1,045,761 188,157,415 2,25tl,297 379,426,117 40 2045/46 5,369.782 91,286 5,278,496 1,832,95fi 0 65,837 1.073,956 189,Z31,372 2,305,747 381,731,864 41 1046147 5514204 93743 5.420542 1.095500 0 fi7.812 I102.857 190334228 2.3Sq 373 384 Otl6,236 TOTAL 997,955.001]21.687.]515 16.965.235 934,705,907 329,145,504 904,053 30,235,886 190,334,228 is 384,086 236 Cumulative To : 2014/ 15 183,359,521 3,117,112 171.994,055 48,B05,580 904.053 6,816,215 35.022.233 :;: tit 80.445 974 To : ID29/ 25 498,096,024 8,467,646 467,941.663 148,0{5,757 904,053 15,975,351 90 181 862 207,73Tn: 20341 35 887,491,962 15,087,363 830.950.367 290,161,94i 904,053 27,74Z,839 169 717 546 342.92To: 2046 47 997 95i 001 16.965.735 934 705 9D7 329 145 504 - W 3 30.235.HBfi 190 334 778 384 O86 236 Based on revenues from Basic Tas Increment (L0%), exclusive of hood ovenidu. Pmoluma C.'emouity Development Cnmmiasiou Report m Council Petaluma Plan Amendments and Fiscal Slerger have 2006 Table A-211 Tax Increment Projections Petaluma Plm Amendments A Fiscul Merger -PCD and CBD (In Present Value) County Distribution of Basic lnrremaral Taxes AceOFlimions Net Tax Increment Net Tax lncrment (1) (2) (3) (4) (5) (6) (7) Available for Available for Year Fiscal Inemmenml Tax Unilateral 2% County Admin Net Taxes Remitted Puss- T8mug8 Some ERAF Agency Admin Housln. Pro man -Houain Pratt" (B) (9)0) (11) N Year Revenues* Elections Fee to A .m, Pa meats Payment Ex m Annual Cumulativenual Cumulative 0 2005/06 13.804.895 619,248 234,683 12,950,963 3,629,716 904,053 192,957 2,637,129 2,637,12987.108 5,187.108 1 20061 07 13,823,171 628,002 234,994 12,960,175 3,559,268 0 580,505 2,639,034 5,276,16381.368 11,368,476 2 2007/ 08 13,962,695 634,938 237,366 13.090.391 3,575,299 0 568,565 2,665,551 71941,71480.976 f6.102,946 17,649,452 3 2008/ 09 14,084,513 640,196 239,437 13,204.880 3,592,024 0 553,285 2,688,863 10,630,57870.707 24.020.159 4 20091 10 14,194,621 643.909 241,309 13,309.403 3,670,985 0 540,163 2.710.142 13.340,72088,113 30,408,27Z 5 20101 11 14,293,530 646,197 242,990 13,404,343 3,744,576 0 527355 2,729,467 16.070.187 36.811,218 6 20111 12 14,381,734 647.175 244.489 13,490.069 3,813,07E 0 514,851 4,74fi,912 18,817,09915,234 43,226,452 7 2012/ 13 14,442,743 6-16,954 245,527 13,550,262 3,922,243 0 502,646 2,759,158 21,576,25666.216 49,59Z.668 8 20131 14 14.495,269 645,632 246.420 13,603,218 4.018,534 0 490.730 2,769,9Z7 24,346,184 6,3Z4,026 55,916,694 9 2014/ 15 14,539,374 643,303 247,169 13.648,901 4,108,097 0 479.098 2,779.214 27,125,398 6.282,492 62,199,186 10 2015/ 16 14.575,445 640,056 247,783 13.687.606 4,191 _67 0 467,742 2,787.078 29,912,476 6,241,519 68,440,705 11 2016/ 17 14,603,856 635,973 248,266 13,719,617 4,268,364 0 456.655 2,793,577 32,706,052 6,201,022 74,641,727 12 2017/ IS 14,624,968 631,13Z 248,624 13,745,212 4,339,689 0 445,831 Z,798,767 35,504,819 6,160,924 80,B02,651 13 20181 19 14,639,128 62504 248,865 13,764,658 4,405,529 0 435,265 2,802,705 38,307,524 6,121,160 86,923,811 14 2019/ 20 14,646,670 619.457 248,993 13,778,220 4,507.456 0 424.949 2,805,443 41,112,967 6.040,373 92,964,184 15 2020/ 21 14,453,293 612,751 245,706 13,594.836 4,589.122 0 414,878 2,768,105 43,881,075 5,822,728 98,786,912 Ifi 20211 22 14,268,688 605,546 242.568 13,420.575 4,614,366 0 405,046 2,732,629 46,613,704 5,668.534 104,455,445 17 20221 23 14,088,782 597.896 239,509 13,251,377 4.636,622 0 395,448 2,698.177 49.311.831 5,521,130 109,976,575 IB 20231 24 13,913,416 589,851 236,528 13,087.037 4.656,075 0 386,076 2,664,713 51,976,591 5,380,173 115,356,718 19 2024125 13,742,439 581,459 233.621 12,927,359 4.672,898 0 376,927 2,632,196 54,608,790 5,245,337 120.602,035 20 20251 Z6 13,338,24E 572.76E 226,750 12,538.7Z9 4.615,913 0 367.995 2.553.096 57,161,886 5,001,7Z5 125,603,810 21 2026/ 27 12,950,525 563,602 220,159 12,166.561 4,510,786 0 359,274 2.477.345 59.639,230 4.819.159 130.4ZZ,969 22 2027/ 28 12$14,273 554,615 213,763 II,805,B95 4,407,286 0 350.760 2.403.932 62,043,162 4,643,917 135,066,887 23 2028/ 29 12.209.137 5451237 207,555 11,456,345 4,3D5,440 0 342,448 2,332.780 64.375,942 4,475.677 139.542,564 24 2029130 9,891„32 535,700 168,151 9,187,382 3,663,218 0 311,174 1.871,106 66,247,048 3,341,883 142,884,447 25 2030131 9,602,656 526,033 163,245 8.913,378 3,577.070 0 303.800 1,815,325 68,062,373 3,217,183 146,101,629 26 2031/32 9,322,667 516,265 158,485 8,647,917 3,492.442 0 296,601 1.761,280 69,823,653 3,097,593 149,199,223 27 2032/ 33 9,051,000 506.420 153,867 0,390,711 3,411,582 0 289,573 1,708,916 71,532,569 2,980.642 152,179,865 ZS 20331 34 8,787,401 496,521 149.386 8,141,49q 3,332,07E 0 282,711 1,658.176 73,190,746 2.868,535 155,048,400 29 2034/ 35 8,531,6D 486,59E 145.038 7,899,993 3,253,923 0 276,012 1,609,006 74,799,752 2,761,053 157,809,453 30 20351 36 8,283.425 476.651 140.818 7,665,956 3.177,14-1 0 269,471 1,561,355 76.361,107 Z,657,986 160.467.439 31 20361 37 3,829,016 466.716 65,093 3.297,206 1,298,358 0 105,403 672.460 77,033.566 1,220,986 161,688.425 32 20371 38 781,228 13,281 767.947 249.583 0 9,369 156,246 77,189.812 352,750 162,041,174 33 203B/ 39 760,766 12,933 747.833 245,343 0 9.147 152,153 77,341,965 341.190 162.382.364 34 2039140 740,794 12,594 728,201 241,075 0 8,930 148,159 77,490,124 330,037 162,712,401 35 2040/41 7Z1,304 12,262 709,042 236,786 0 8,719 144,2fil 77,634,385 319.276 163,031,677 36 2041142 702,286 11,939 690,347 MASS 0 8,512 140,457 77,774,842 308.891 163.340,568 37 2042/43 683.730 11,623 672,107 228,182 0 8,31 C 136.746 77,911,588 298.869 163,639,437 38 2043/44 665,629 11,316 654,313 223,879 0 8,113 133,126 78.044.714 289,195 163,928,611 39 2044/41 647,97E 11,016 636,957 t19,585 0 7,921 129,594 78,174,308 279,856 164,2(Si 40 2045/ 46 630.751 10,723 620,029 215,305 0 7,733 126,150 783D0.459 270,840 164,479,329 41 204647 613.958 10437 603 520 Z11 044 0 7.550 IZ2 79E 78.423.2501262135 164 741 464 TOTAL 410,898,844 18.782,593 6,985,280 385,130,971 127,863.704 904.053 11,198.i00 78 423 50 164,]41,464 Cumulative - To: 20141 15 142,022,542 6,395,554 2.414.383 133,212,606 37.633,814 906053 5,350, 1-5 27 12511,398 ':i 61,199, I B6 To: 2024/25 285,579,228 12535,179 4,854,847 268,189,102 82,5I5,202 904,053 9,55 tl,97J 54 608 790 120,fiW,08 To: 2034/35 391,837,985 17:B39,227 6,661 _46 367,337.513 121.084,934 904,053 12,739,321 74 799,752 Ii7,809,453 To: 2046 47 {10 fi98 B44 18.78E 593 6985280 385 130 971 127 863 704 904 053 13 148.500 78423 >50 I64 741 4fi4 Based on revenues brain Basic Tux Increment (L0'p�), exclusive of band overrides. Pmsenr value discount mre: 55% Pemluma Community Development Commission Report to Council Petaluma flan Amendments and Fiscal Merger June 2006 Attachment Table 134 Summary of Tax Increment Projections Petaluma Community Development Project Summary of Assumptions Growth Assumptions 2005/06 Secured Assessed Value: $1,096,092,290 2005/06 State Board Assessed Value: $0 2005/06 Unsecured Assessed Value: $482,298,965 2005/06 Total Assessed Value: $1,578,391,255 2005/06 Unitary Payments (Estimated): $12,877 Annual Inflation Adjustment on Secured Assessed Value: 2.00% Annual Growth from Reassessments on Secured Assessed Value: 0.50% New Development Assessments from FY 2007/08 through FY 2024/25: 2.5% of Secured Assessed Value Annual Growth in Unsecured Assessed Value: 0.00% Tax Increment Generation Basic Property Tax Rate: 1.0% Effective Bond Override Rate for FY 2005/06: 0.00% County Property Tax Admin Fee: 1.70% Sponsoring Community Cit 's Unadjusted Levy Within Project Area: 13.24% Historical Information Base Assessed Value: 331,539,332 Historical TI to Agency through 2004/05 exclusive of FY 2002/03, FY 2003/04 and FY 2004 05 State ERAF Payments: 80,187 455 Tax Increment Projections From 2005/06 Through End of Project Constant Future Dollars 2005/06 Dollars Tax Increment (TI) to Agency Incremental Tax Revenues $766,990,457 $324,105,338 Less: 2% Inflation Allocation 46,283,859 18,782,593 Total Tax Increment Allocated to Agency 720,706,598 305,322,745 Less: County Property Tax Admin Fee 13,038,838 5,509,791 Net Tax Increment to Agency 707,667,760 299,812,954 TI Available to Agency After Obligations Tax Increment to Agency 707,667,760 299,812,954 Less: Contractual Pass -Through Payments 209,931,359 88,963,481 Less: Statutory Pass -Through Payments 56,686,465 17,847,509 Less: Agency ERAF payment 894,053 894,053 TI Available to Agency After Obligations 440,155,882 192,107,911 Projected Use of TI Funds TI Available for Housing Programs 144,141,320 61,064,549 TI Available for Nan -Housing Projects 268,852 979 119,146,792 Total TI Funds Used by Agency 440,155,882 1 192,107,911 Cumulative or Housing Programs 2014/ 15 28,535,344 22,281,277 2024/ 25 72,982,270 42,560,117 2034/ 35 134,488,374 59,155,904 2038/ 39 144,141,320 61,064,549 Cumulative TI for Non -Housing Projects 2014/ 15 61169,285 47,730,234 2024/ 25 147:820588 87,524,075 2034/ 35 252,983:200 116,009,710 2038/ 39 268,852,979 119,146,792 Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Attachment Table B-2A Tar: Increment Revenue to Agency Petaluma Community Development Project U. Future Value, or "Actual" Dollars) Agency Obligations Increment Net Tax Increment Tax Increment to A ere vailable for Available far (1) Basic (2) Incremental (3) 2% (4) County (5) Tox (6) Contactual (7) Statutory (8) Agency (9) Agency in Pm tams Nan-Housin Proects (111 (12) (13) Year Fiscal Tax Tax Inflation Admtn Increment PauThrough Pus -Through ERAF Adminl Cumulative Annual Cumulative N Year Rate Revenues' Allocation Fee m Agency Payments Pa menus Pa mP Esp. 18 2005/ 06 1.000% 12,642,287 619,248 214,919 11,808�,120 3,509,582 0 894,053 533,128608 2,404,608 4.466.749 4,466,749 19 2006/ 07 1.000% 12,816,329 662,542 217,878 11,935,910 3.545.612 0 0 549,122757 r2,645,565 4.835,365 5,410,419 9,877,168 20 2007/ 08 1.000% 13,386,503 706,702 227,571 12,452,Z30 3,698,160 0 0 565,595960 7,371,325 5,652,515 15,529,683 21 2008/ 09 1.000% 13,979,568 751,745 237,653 12,990,170 3,857,147 0 0 582.563,565 10,016,890 5,904,895 21,434,578 22 Z0091 10 1.000% 14,602,286 797,690 248,239 13,556,357 4,OZ4,562 79.194 0 600.040,919 12,777,809 6,091,641 27,526,219 Z3 2010/ 11 1.000% 15,256,139 844,553 259.354 14,152,232 4,200,834 162,223 0 618,041,317 15,660,126 6,288,817 33,815,035 24 2011/ 12 1.000% 15,942,686 892,353 271.026 14,779,307 4,386,416 249.305 0 636,583,067 18,670,193 6,496,938 40,311,973 25 2012/ 13 1.000% 16,663,560 941,110 283,281 15,439,169 4,581,784 340,669 0 655.680 3,144,490 21,814,683 6,716,546 47,028,519 26 20131 14 1.000% 17,420,477 990,842 296,148 16,133,487 4,787.437 436,556 0 675,351 3,285,927 25,100,610 6,948,216 53,976,735 27 2014/ 15 1.000% 18,215,241 1,041,569 309,659 16,864,013 5,003,900 537,217 0 695,611 3,434,734 28,535,344 7,192,550 61,169,285 28 2015/ 16 1.000% 19,049,742 1.093,308 323,846 17,632,589 5,231,724 642,914 0 716,479 3,591,287 32,126,631 7,450,184 68,619,469 29 2016117 1.000% 19,925,969 1,146,083 338,741 18,441,145 5,471,488 753,923 0 737,974 3,755,977 35,882,608 7,721,783 76,341,251 30 2017/ 18 1.000% 20,846,007 1,199,913 354,382 19,291,712 5,723,800 870,531 0 760.113 3,929,219 39,811,827 8,008,050 84,349,301 31 2018/ 19 1.000% 21,812,047 1.254,821 370.805 20,186,421 5,989,297 993,040 0 782,916 4,111,445 43,923,272 8,309,723 92,659,024 32 2019/ 20 1.000% 22,826,389 1,310,827 388,049 21,127,513 6,268,651 1209,157 0 806,404 4,303,112 48,226,385 8,540,189 101,199,Z13 33 2020/ 21 1.000% 23,891,448 1,367,952 406,155 22,117,341 6.562.567 1,436,225 0 830,596 4,504,699 52,731,084 8,783,255 109,982,467 34 2021/ 22 1.000'% 25,009,760 1,426,219 425,166 23,158,375 6.671.784 1,674,827 0 855,514 4,716,708 57,447,792 9,039,54Z 119,022,010 35 2022/ 23 1.0001w 26,183,987 1,485,653 445,128 24 Z53,207 7,197,079 1.925,577 0 881,179 4,939,667 62,387,459 9,309,704 128,331,714 36 2023/ 24 1.00019, 27,416,926 1,546,275 466,088 25.404,564 7,539,270 2,189,119 0 907,615 5,174,130 67,561,589 9,594,430 137,926,143 37 2024/ 25 38 2025/ 26 1.000% 1.000% 28,711,512 29,377,973 1,608,110 1,671,182 488,096 499,426 26,615,307 27,207.365 7,899,213 8,073,475 2,466,125 2,753,475 0 0 934,843 962,888 5,420,680 5,541,358 72,98Z,270 78,523,628 9,894,445 9,876.168 147,820,588 157,696,757 39 2026/ 27 1.000% 30,074.292 1,735,515 511,263 27,827,514 8,256.097 2,903,003 0 991,775 5,667,755 84,191,383 10,008,853 167,705,639 40 2027/ 28 1.000% 30,788,019 1,801,134 523,396 28,463,489 8,443,400 3,056,153 0 1,021,528 5,797,377 89,988,760 t0,145,030 177,850,670 41 2028/ 29 1.000% 31,519,589 1,868,065 535,833 29,115,691 8,635,500 3,213,023 0 1,052,174 5,930,305 95,919,065 10,284,688 188,135,358 42 20291 30 1,000% 32,269,449 1,936,335 548581 29,784,533 8,832,522 3,373,712 0 1,083,739 6,066,623 101,985,688 10,427,937 198,563,295 43 20301 31 1.000% 33,038,055 2,005,971 561,647 30,470,437 9,034,569 3,538,322 0 1,116,252 6,206,417 108,192,105 10,574,858 209,138,153 44 2031/ 32 1.000% 33,825,876 2,077,000 575,040 31,173,836 9,241.831 3.706,957 0 1.149,739 6,349,775 114,541.880 10,725,533 219,863,686 45 20321 33 1.000% 34.633,392 21149,448 588,768 31,895,177 9,454:380 3:879:725 0 1,184,231 6,496,789 121,038,669 10,880,051 230,743,738 46 2033134 L000% 35,461,097 2,223,345 60Z,839 32,634.913 9,672370 4056736 0 1,219,758 6,647,550 127,686,219 11,038,499 241,782,236 47 2034/ 35 1.000% 36,309,494 2,298,721 617261 33,393.512 9,895,941 4,238.101 0 1,256,351 6,802,155 134,488,374 11 200,964 252,983 200 48 2035/ 36 1,000% 37,179,101 2,375,604 632:045 34,171,453 t0,125,235 4,423.935 0 1,294.042 6,960,699 141,449,073 11,367,542 264,350,742 49 2036/ 37 1.000% 15,915,256 2,454,024 270,559 13,190,67Z 3,915,713 1,576,720 0 503,756 2,692,246 144.141,320 4,502,237 268,852,979 50 2037/ 38 1.000% 0 0 0 0 0 0 0 0 0 144,141,320 0 268,852,979 51 20381 39 1.000% 0 0 0 0 0 0 0 0 0 144141320 0 26885Z979 TOTAL 766.990.457 46.283 859 13 038 838 707 667.760 209.931.359 56 686.465 894,053 N,161.5831, 144,141320 268 85a 979 .5 Cumul nr To: 2014/ 15 150,925,076 8,248,354 2,565,726 140,110,995 41,595, 05,165 ,9fi660J 894,0053 6,1261531,748159fi 2782,,593852,,324740 25B858 386,598,865 21,687,515 6 106,350,306 5 894 1413To: 16471 816�9 0 To: 713,896,100 41,454,231 2 95,89,411 50,685,810 89053 25,3 174.988,374 ,_, v52 9B7 o00 7` .> To 766990457 46287859 13.03E 838 707.667760 209931359 56 686 46i 894053 2716t 583 144.7413�0 i 268852979 .. Based on rnenuea from Basic Tax Rate (1.0%), exclusive of bond override payments. ' PCDC's total ERAF payments for FY Z005/06 was $904,053 n¢oding m dm Sonomx Cnunry Audimi s Offiec. Assumptions: County Admin Fee as r% of"Incremenml Tax Revem:cs": 1.7% TI for Horsing Pmgmms as a % of 1racummental Tax Revenues" less "2% Inflation McCann.,: 20% Petaluma Community Development Commission Report to Council Petaluma Plan Amendmc as and Fiscal Merger June 2006 Attachment Table B-2B Tax Increment Revenue to Agency Petaluma Community Development Project (In Present Value, Z005/06 Dollars) Agency Obligations Net Tax Increment Net T. Increment Tax Increment to Acency Available for Available for (1) Basic (2) Incremental (3) 2% (4) County (5) Tax (6) Contractual (7) Statutory (8) Agency (9) Agency Housin Pro tams Non-Housin Protects (10) (11) (12) (13) Year Fiscal Tax Tax Inflation Admi Increment Pass -Through Pass -Through ERAF Admt Annual Cumulatly Annual Cumulative N Year Rate Revenues' Allocation Fee to Agency Pa can Payments Pa a Esp. 18 2005/ 06 1,000% 12,642,287 619,248 214,919 11,808,120 3,509,582 0 894,053 533,128 2,404,608 2,404,608 4,466,749 4,166,749 19 2006107 1.000% 12,148,180 628,002 206,519 11,313,659 3,360,769 0 0 520,495 2,304,036 4,708,643 5,128,359 9,595,108 20 2007/ 08 1.000'h, 12,027,736 634,938 204,461 11,187,736 3,322,621 0 0 508,161 2,278,440 6,987,083 5,078,515 14,673,624 21 20081 09 1.000% 11,905,191 640,196 202,388 11,062,606 3,284,799 0 0 496,119 2,252,999 9,240,082 5,028,689 19,702,313 22 2009110 1.000% 11,787,209 643,909 200,383 10,942,918 3248,694 63,927 0 484.363 2,228,660 11,468,742 4.917,275 24,619,588 23 20101 17 1.000% 11,672,996 646,197 198,441 10,828,359 3,214,202 124.122 0 472,885 2,205,360 13,674,102 4,811,790 29,431,377 24 2011/ 12 1.000% 11,562,367 647,175 196,560 10,718,631 3,181,230 180,807 0 461,679 2,183,038 15,857,140 4,711,877 34,143 254 25 2012/ 13 1.000% 11,455,144 646,954 194,737 10,613,453 3,149,687 234,189 0 450,739 2,161,638 18,018,778 4,617,201 38,760,455 26 2013/ 14 1.000% 11,351,163 645,632 192,970 10,512,562 3,119.489 284,460 0 440,058 2,141,106 20,159,885 4,527.450 43,287.905 27 2014/ 15 1.000% 11,250,266 643,303 191,255 10,415,708 3,090,555 331,801 0 429,630 2,121,392 22,281,277 4,442,329 47,730,234 28 2015/ 16 1.000% 11,152,302 640,056 189,589 10,322,657 3,062,811 376,382 0 419,449 2,102,449 24,383,726 4,361,565 52,091,800 29 2016/ 17 L000% 11,057,130 635,973 187,971 10,233,185 3,036,186 418,360 0 409.509 2,084,231 26,467,957 4,284,898 56,376,698 30 2017/ 18 1.000% 10,964,614 631,132 186,398 10,147,084 3,010,613 457.883 0 399,805 2,066,696 28,534,654 4,212,036 60,588,784 31 20181 19 1.000% 10,874,629 625,604 184,869 10,064,156 2,986,028 495,091 0 390,33I 2,049,805 30,584,459 4,142,90I 64,731,685 32 2019120 1.000% 10,787,052 619,457 183,380 9,984,216 2,962,372 571,411 0 381,082 2,033,519 32,617,978 4,035,832 68,767,517 33 20201 21 1.000% 10,701,769 612,751 181,930 9,907,088 2,939,591 643,332 0 372,051 2,017,804 34,635,782 3,934,310 72,701,527 34 20211 22 1.000% 10,618,671 605,546 180,517 9,832,608 2,917,629 711,100 0 363,235 2,002,625 36,638,407 3,838,019 76,539,845 35 2022123 1.000'% 10,537,655 597,896 179,140 9,760,619 2.896.440 774,942 0 354,628 1,987,952 38,626,358 3,746,658 80,286,503 36 2023/ 24 1.000'N, 10,458,623 589,851 177,797 9,690,975 2,875,974 835,074 0 346,224 1,973,754 40,600,113 3,659,948 83,946,451 37 20241 25 1.000% 10,381,482 581,459 176.485 9,623,537 2.856.190 891,699 0 338,020 1,960,005 42,560,117 3.577,624 87,524,075 38 2025/ 26 1.000% 10,068,682 57Z,762 171,168 9,324,752 2,767,014 943,696 0 330,010 1,899,184 44,459,301 3.384,849 90,908,924 39 20261 27 1.000% 9,769,982 563,802 166,090 9,040,090 2,682,089 943,074 0 322,190 1,541,236 46,300,537 3,251,501 94,160,426 40 20277 28 1.000% 9,480,421 554,615 161,167 8,764,639 2,599,939 941,06E 0 314.555 1,785.161 48,085,698 3,123,915 97,284,341 41 2028129 1.000% 9,199,707 545,237 156,395 8,498,074 2,520,467 937,794 0 307,101 1,730,894 49,816,592 3,001,819 100,286,160 42 2029/ 30 L000% 8,927,555 535,700 1511768 8,240,086 2,443,575 933,360 0 299.824 1,678,371 51,494,963 2,884,957 103,171,118 43 2030/ 31 L000% 8,663,691 526,033 147,283 7,990,375 2,369,174 927,867 0 292,719 1,627,532 53,1Z2,495 2,773,084 105,944,202 44 2031/ 32 1,000'M 8,407,853 516,265 142,933 7.748,654 2,297,175 911,47I 0 285,782 1,578,318 54,700,812 2,665,968 108,610,170 45 2032133 1.000% 8,159,783 506,420 138,7I6 7,514,647 2,227,494 914,081 0 279,010 1,530,673 56,231,485 2,563,389 111,173,559 46 2033/ 34 1.000% 7,919,236 496,52I 134:627 7,288,088 2:160,051 905,958 0 272,399 1,484,543 57,716,018 1,465,137 113,638,696 47 2034/ 35 1.000% 7,685,973 486,592 13g662 7,068,720 2,094,767 897,119 0 265,944 1,439,876 59,755,904 2,371,014 116,009,710 48 2035/ 36 1.000% 7:459,764 476,651 126,816 6,856:297 2,031,568 887,636 0 259:642 1,396,623 60,552,527 2.280.829 118,290,539 49 Z036137 1.000% 3,026,825 466,716 51,456 2,508,654 744,706 299,867 0 95,806 512,022 61,064,549 856.253 119,146,792 50 2037138 1.000% 0 0 0 0 0 0 0 0 0 61,064,549 0 119, 146,792 51 2038 39 1.000% 0 0 0 0 0 0 0 0 0 61.064.549 0 119.I46 792 TOTAL 324.105.338 18.782.593 5 509 791 799 812.954 85.963.481117.847 509 89q 053 11 89fi 570 549 is 119 146 79� fl Cumulative To 20I4I b .j 117,BO1,979 6,395,554 2,002,67J (09,g03,752 32,48I,b28 I,219,306 894,053 q,797,255 ,277 47,730,234 T 2024/ 25 225,335,865 12,i35,279 1,830,710 208,969,877 62,025,4fi2 7.J9$579 894,053 8,571,589 ,I17 !!-4 87524075 T 2034/ 30 .; qIn:iii 313,618,748 I7,B39,727 5,331,519 290,448:003 86,187,208 I6,b60,006 894,053 It,541,I2Z ,904 116,009,710 4 T 2038 39 '. � 32q 105 738 IB 782593 5.509.791 299.Al2 9i4 BB 963 4d1 I7 847 509 894 053 I LB9fi 570 i49 179 I9fi 792 Bmed oarevenues from Basic Tax Rate (1.0%), exclusive of bond ovenide payments. PCDC's tom[ FAAF payments for FY 2005106 was $904.053 according to the Sanama County Audimr's Office. Assumptions: Pot v:lue diseoonmd to 2005/06 an 5.5% Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Attachment Table B-3 Basic Tax Revenues Petaluma Community Development Project (In Future Value, at "Actual' Dollars) First & Second Pa menu to Agency Suarle.c.ml Pa menu Total Basic Tax Revenues (1) (2) (3) (4) (5) (6) (7) (8) (9) Secured, Increasery Firs[ & Supplemental Supplemental First & Supplemental Unita Trial Basic Year Fiscal State Board, in AV Second Secured Secured Second Secured Payments T.(1%) N Year Unsecurd AV Over Base Pa eat Asmusemenu Paments Pa meat Pa eat Revenues 18 2005/ 06 1,578,470,561 1,246,931,529 12,469,315 5,480,461 54,805 12,469,315 156,155 16,816 12,642,287 19 2006/ 07 1,605,873,168 1,274,333,836 12,743,338 5,617,473 56,175 12,743,338 56,175 16,816 12,816,329 20 2007/ 08 1,633,960.533 1,302.421,201 13,024,212 34.547,459 345,475 13,024,212 345,475 16,816 13,386,503 21 2008/ 09 1,691,539,631 1,360,000,299 13,600,003 36„74,832 362,748 13,600,003 362,748 16,816 13,979,568 22 2009/ 10 1,751,997,684 1,420,458,352 14,204,584 38,088,573 380,886 14,204,584 380,886 16,816 14,602,286 23 2010/ 11 1,815,478,640 1,483,939,308 14,839,393 39,993,002 399,930 14.639,393 399,930 16,816 15,256,139 24 2011/ 12 1,882.133,643 1,550,594,311 15,505.943 41,992.652 419,927 15,505,943 419,927 16,816 15,942,686 25 2012/ 13 1,952,121,397 1,620,582,065 16,205,821 44,092,285 440,923 16,205,621 440,923 16,816 16,663,560 26 2013/ 14 2,025,608,538 1,694,069,206 16,940,692 46,296,899 462,969 16,940,692 462,969 16,816 17,420,477 27 2014/ 15 2,102,770,037 1,771 230,705 17,712,307 48.611,744 486,117 17,712,307 486,117 0,816 18,215 241 28 20151 16 2,183,789,610 1,852,250,278 18,522,503 51.042,331 510,423 18,522,503 510,423 16,816 19,049,742 29 2016/ 17 2,268,860,162 1,937,320,830 19,373,208 53,594,448 535,944 19,373,208 535,944 16.816 19,925,969 30 2017/ l8 2,358,184,241 2,026,644,909 20,266,449 56,274,170 562,742 20,266,449 562,742 16,816 20,846,007 31 2018/ l9 2,451,974,525 2,120.435,193 21,204,352 59,087,B79 590,879 21,204,352 590.879 16,816 21,812,047 32 20191 20 2,550.454,323 2,218,914,991 22,189,150 62,042,273 620,423 22,189,150 620,423 16,816 22,826,389 33 2020/ 21 2,653,858,110 2,322,315,778 23,223,188 65,144,386 651,441 23,223,188 651,444 16,816 23,891,448 34 2021/ 22 2.762,432.087 2,430,89Z,755 24,308,928 68,401,605 684.016 24,308.928 684,016 16,816 25,009,760 35 20221 23 2,876.434,763 2,544,895,431 25,448,954 71,821,686 718,217 25,448.954 718,Z17 16,816 26.183,987 36 20231 24 2,996.137,573 2,664,598,241 26,645,982 75,412,770 754,128 26,645.982 754,128 16,816 27A16,926 37 2024/ 25 3,121,825,523 2,790,286,191 27,902,862 79,183,409 791,834 27,902,862 791,834 16,816 28,711,512 38 2025/ 26 3,253,797,870 2,922,258,538 29,Z22,585 13,857,096 138,571 29,222,585 138,571 16,S16 29,377,973 79 2026/ 27 3,323,083,353 2,991,544,021 29,915,440 14,203,524 142.035 29,915,440 142.035 16,816 30,074,292 40 2027128 3,394,100,972 3,062,561.640 30.625,616 14.558,612 145,586 30,625,616 145,586 16,816 30,788,019 41 2028129 3,466,894,032 3,135,354,700 31,353,547 14,922,577 149,226 31,353,547 149,226 16,816 31,519,569 42 20291 30 3,541.506,919 3,209,967,567 32,099,676 15,295,642 152,956 32,099,676 152,956 16,816 32,269,449 43 2030/ 31 3,617,985,128 3,286,445,796 32,864,458 15,678,033 156,780 32,864,458 156,780 16,816 33,038,055 44 2031/ 32 3,696,375,292 3,364,835,960 33,648,360 16,069,984 160,700 33.648,360 160,700 16,816 33,825,876 45 2032/ 33 3,776:725,210 3,445,185,878 34,451,859 6.471733 :6,883:527 164,717 34,451,859 164,717 16,816 34.633,392 46 20331 34 3,859083,876 3.527,544,544 35,275,445 168,835 35,275,445 168,835 16,816 35,461,097 47 20341 35 3,943,501,508 3,611,96Z,176 36,119,622 17,305615 173,056 36,119,622 173,056 16,816 36,309,494 48 2035/ 36 4,030.029,582 3,698,490,250 36,984,902 17,738:255 177.383 36,984,902 177,383 16,816 37,179,1O1 49 2036/ 37 4,118,720,657 3,787,181,525 37,87LM I8,181,711 181,817 37,871,815 181,817 16,816 38,070,449 50 2037/ 38 4,209,629,414 3,878,090,082 0 18,636.254 0 0 0 0 0 51 20381 39 4.302 810.685 3.971 271.753 0 19.102.161 0 0 0 0 0 TOTAL h. 776.764 510 11.741 666 776.764.510 11,843,017 538.123, 789 145 650 Cumulative To: 2014/ IS5 .,; 147.245 608 '; 3,409,954 147,245,60E 3.511,304 168,163 150,925,076 To: �024/ 2 ,'; 376,331 184 9830,0031 376,331,184 9,931,354 336,327 386,598,865 To: 2034/ 35 701,907 797 ;, 1 11:382,467 701,907,793 11,483,817 504,490 713,896,100 Ta: 20381 39 7 74I 666 776764510 11843017 578123 7B9.Wi 650 Notes: First & Second Puymenm are based on the 1%basic mx one applied to the increase in AV Over Base. Supplemennd Scrvrcd Assessments include reassessed pmperry and new development. Supplemental Secured Payments are based on the 1 % basic mz tare upplicd m dm Supplemental S,cu ed Assasmems. Unitary payments me estimated to escalate annually by: 0.0% Petaluma Community Development Commission Repon to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Attachment Table B4 Growth in Assessed Value Petaluma Community Development Project (In Future Value, or "Actual" Dollars) Growth in Secured Assessed Value Tom] Secured State Board and Unsecured AV (l) (2) (3) (4) Growth Rates (7) (8) (9) (10) (5) (6) Secured Inflationary Reassessed New Secured State Unsecured Secured, Year Fiscal AV Adjustments Property Development Annual Avemge AV Board AV Smse Board, N Year Ass menus Assessmenes Anmml Unsecurd AV 18 2005/ 06 1,096,092,290 21,921,846 5.480.461 0 1,096,092,290 0 482,378,571 1,578,470.861 19 2006/ 07 1,123,494,597 22,469,89Z 5,617,473 0 2.5% 2.5%, 1,123,494,597 0 482,378,571 1,605,873,168 20 2007/ 08 1,151,581,962 23,031,639 5,757,910 28.789,549 2.5% 2.59. 1,151,581,962 0 482,378,571 1,633,960,533 21 2008/ 09 1,209,161,060 24,183,221 6,045,805 30,229,027 5.0'% 3.3% 1,209,161,060 0 482,378,571 1,691,539,631 22 2009/ 10 1,269,619,113 25,392,382 6,348.096 31,740,478 5.0% 3.7% 1,269,619,113 0 482,373,571 1,751,99704 23 20101 II 1,333,100,069 26,662,001 6,665,500 33,327,502 5.0% 4.09'. 1,333,100,069 0 482,378,571 1,815.478,640 24 2011/ 12 1,399,755,072 27,995,101 6,998,775 34,993,877 5.0% 4.2% 1,399,755,072 0 482.378,571 1,882,133,643 25 20121 13 1,469,742,826 29,394,857 7,348,714 36,743,571 5.0% 4.3996 1,469,742.826 0 482,378,571 1,952,121,397 26 2013/ 19 1,543,229,967 30,864,599 7,716,150 38,580,749 5.0% 4.4% 1,543,229,967 0 482,378,571 2,025,608,538 27 2014/ 15 1.620.391,466 32,407,829 8,101,957 40,509,787 5.0% 4.4% 1,620,391,466 0 482,378,571 2,102,770,037 28 2015/ 16 1,701,411,039 34,OZ8,221 8,507,055 42.535,276 5.0% 4.5% 1,701,411,039 0 182,378,571 2,183,789,610 29 2016/ 17 1,786,481,591 35,729,632 8,932,408 44.662,040 5.0% 4.5% 1,786,481,591 0 482,378,571 2,268,860,162 30 2017/ 18 1,875,805,670 37,516,113 9,379,028 16,895,142 5.0% 4.6%: 1,875,805,670 0 482,378,571 2,358,184,241 31 20181 19 1,969,595,954 39,391,919 9,847,98D 49,239,899 5.0%, 4.6% 1,969,595,954 0 482,378,571 2,451,974,5Z5 32 2019/ 20 2,068,075,752 41.361.515 10,340,379 51,701,894 5.0% 4.6% 2,068,075,752 0 482,378,571 2,550,454,323 33 20201 21 2,171,479,539 43,429,591 10,857,398 54,286,988 5.0% 41% 2,171,479,539 0 482,378,571 2,653,858,110 34 20211 J2 2,280.053,516 45,601,070 11,400,268 57,001.338 5M, 4.7% 2,280,053.516 0 482,378,571 2,762,432,O67 35 2022/ 23 2,394,056,192 47,881,124 11,970,281 59,851,405 5.0'% 4.7% 2,394,056,192 0 482,378,571 2,876,434,763 36 2023/ 24 2,513,759,002 50,275,180 12,568,795 62,843.975 5.096 4.7% 2,513,759,OD2 0 482,378,571 2,996,137,573 37 2024/ 25 2,639,446,952 52,788,939 13,197,235 65,986,174 5.0% 4.7% 2,639,446,952 0 482,378,571 3,121,BZ5,523 38 20251 26 2,771,419,299 55,428,386 13,857,096 0 5.096 4.7% 2,771.419,299 0 482,378,571 3,253,797,870 39 20Z61 27 2,840,704,732 56,814,096 14,203.524 0 2,59. 4.6% 2,840,704,782 0 482,378,571 3,323,083,353 40 2027/ 28 2,911,722,401 58,234,448 14,558,612 0 2.5%, 4.5% 2,911,722,401 0 482,378,571 3,394,100,972 41 2028/ 29 2,984,515,461 59,690,309 14,922,577 0 2.5% 4.5% 2,984,515,461 0 482,378,571 3,466,894,032 42 2029/ 30 3,059,128,348 61,182,567 15,295,642 0 25% 4.4% 3,059,128,348 0 482,378,571 3,541,506,919 43 2030/ 31 3,135,606,557 62,712,131 15,678,033 0 2.5% 4.3% 3,135,606,557 0 482,378,571 3,617,985,128 44 2031/ 32 3,213,996,721 64,179,934 16,069,984 0 2.5% 4.2% 3,213,996,721 0 412,371'571 3.696,375,292 45 2032/ 33 3.294,346,639 65,886,933 16,471,733 0 2.5% 4.2% 3,294,346.639 0 482.378,571 3,776,725,210 46 2033/ 34 3,376,705,305 67,534,106 16,883,527 0 2.5'% 4.1%, 3,376,705,305 0 482,378,571 3,859,093,876 47 20341 35 3,461,122,937 69,222,459 17,305,615 0 2.596 4.0% 3,461,122,937 0 482,378,571 3,943,501,508 48 2035/ 36 3,547,651,011 70,953,020 17,738,255 0 2.5% 4.0%: 3,547,651,011 0 482,378,571 4,030,029,582 49 20361 37 3,636.342,286 72,726.846 18,181,711 0 2.5% 3.9% 3,636,342,286 0 482,379,571 4,118,720,857 50 20371 38 3,727,250,843 74,545,017 18,636,254 0 N/A N/A 3.727,250,843 0 482,378,571 4,209,629.414 51 2038 39 3 820 432 l I4 76408 642 19.102.161 0 NIA NIA 3,820,432,114 0 482.378.571 4.302 810 685 TOTAL :� :: :, 809.918.669 mo 7a: 2014/ IS To: 202i/ 20 274,914538 809,918,669 Ta: 2039/ 3a :'. ,_ �''. 809,918,669 To: 2038 39 .r:; ''` -. ....,:_: ?' 809918669 Assumptions: Annual Inflationary Fuc. New Development Esc. Pmpeny Re -Assessments Smm Board Annual Increase Unsecured AV Annual Increase: 2.0%: of Secured AV 2.5%: of Secured AV from FY 2007108 through FY 2024/25 0.5% of Secured AV 0.0% 0.0% Petaluma Community Development Commission Report m Council Petaluma Plan Amendments and Fiscal Merger June 20D6 Attachment Table B-5A Section 33676 Inflationary Allocations Petaluma Community Development Project (In Future Value, or "Actual' Dollars) IU (2) (3) l4) (5) (6) (7) (8) (9) County Cinnabar Old Petaluma Waugh Petaluma So. Co. Petaluma HI, Total General Adobe City City JT Junior Elem. Umf Sec. 33676 Fund Union Elementary JT High College Failure Allocations Year Fiscal (N) Year 18 2005/ 06 227,924 9,782 9,677 84,462 8,512 144.876 43,093 90.922 619,248 19 2006/ 07 243,859 10,466 10,353 90,367 9,107 155,005 46,106 97,279 662,542 20 2007/ 08 260,113 11,164 11.043 96,390 9,714 165,336 49,179 103,763 706,702 21 2008109 276,692 11,876 11.747 102,534 10,333 175,874 52,313 110,376 751,745 22 2009/ 10 293,602 12,602 12,465 108,801 10,965 186,623 55,510 117,122 797,690 23 20101 11 310,851 13,342 13,197 115,193 11,609 197,587 58,771 124,003 844,553 24 2011/ 12 328,445 14.097 13.944 121,713 12,266 208,770 62,097 131,021 892,353 25 2012/ 13 346,391 14,867 14,706 128,363 12,936 220,177 65,490 138,180 941.110 26 2013/ 14 364,695 15,653 15.483 135,146 13,620 231,812 68,951 145,482 990,842 27 2014/ 15 383,366 16,454 16.276 142,065 14,317 243,680 72,481 152,930 1,041.569 28 2015/ 16 402,410 17,271 17,084 149,122 15,028 255,785 76,081 160,527 1.093.308 29 2016117 421,835 18,105 17,909 156,320 15,753 268,132 79,753 168,276 1.146,083 30 2017/ 18 441,648 18,955 18,750 163,662 16,493 280,726 83.499 176,180 1,199,913 31 2018/ 19 461,858 19,822 19,608 171,151 17,248 293,572 87,320 184,242 1,254,821 32 2019/ 20 482,472 20.707 20.483 178,790 18,018 306,675 91,217 192,465 1,310.827 33 2020/ 21 503,498 21,609 21,376 186,582 18,803 320,040 95,192 200,852 1,367,952 34 2021/ 22 524,945 22,529 22,286 194,529 19,604 333,672 99,247 209.407 1,426,219 35 2022/ 23 546,821 23.468 23,215 202,635 20,421 347,577 103,383 218,133 1,485,653 36 2023/ 24 569,134 24,426 24.162 210,904 21,254 361.760 I07,601 227.034 1,546,275 37 20241 25 591,893 25,403 25,128 219,338 22,104 376,227 111,904 236,113 1,608,110 38 2025/ 26 615,108 26,399 26,114 227,941 22,971 390,983 116,293 245,373 L671,182 39 20261 27 638,787 27,415 27,119 236.716 23,855 406.034 120,770 254,819 1,735,515 40 2027/ 28 662,939 28.452 28.144 245,666 24,757 421,386 125,336 264,454 1,e01,134 41 2028/ 29 687,574 29,509 29,190 254,795 25,677 437,045 129,994 274,281 1,868,O65 42 2029/ 30 712,702 30,587 30,257 264,107 26,615 453.017 134,745 284,305 1,936,335 43 2030/ 31 738,333 31.687 31.345 273,605 27,572 469,309 139,591 294,529 2,005,971 44 2031/ 32 764,476 32,809 32,455 283,293 28,548 485,927 144,534 304,958 2,077,000 45 2032/ 33 791,142 33,953 33,587 293,175 29,544 502,877 149.575 315,595 2,149,448 46 2033/ 34 818,341 35.120 34.742 303,254 30,560 520,166 154.717 326,445 2,223,345 47 2034/ 35 846,084 36.311 35,920 313,535 31,596 537,801 159,962 337,512 2,298,721 48 2035/ 36 874382 37,526 37,121 324022 3Z,653 555,788 165,312 348,800 2,375,604 49 2036/ 37 903:246 38,765 38,346 334:718 33,731 574,135 170,769 360,314 2.454,024 50 2037138 51 2038139 TOTAL 17,035,5661 731.131 723.2321 6.312,894 636,184 10,828.374 3,220,786 6,795,692 46,283,859 Cumulative To: 2014115 3,035,938 130,303 128,891 1.125,034 113,379 1,929,740 573,991 1,211.078 8,248.354 To: 2024125 7.982,452 342,598 33tl,892 2.958,067 298,105 5,073,906 1,509,188 3,184,307 21,687,515 To: 2034/35 15,257,938 654,8, 647,765 5,654,154 569,800 9.698,451 2.884,705 6,086,578 41,454,231 To: 2038 39 17.035 566 73113I 723 232 6.312.894 636,184, 10,878,374 3.220.786 6.795,692 46 283.859 Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Attachment Table B-5B Section 33676 Inflationary Allocations Petaluma Community Development Project (In Present Value Dollars) (1) (Z) (3) (4) (5) (6) (7) (8) (9) County Cinnabar Old Pemluma Waugh Pemluma So. Co. Petaluma Hl, Total General Adobe City City JT Junior Elem. Unit Sec. 33676 Fund Union Elementary JT High College Failure Allocations Year Fiscal (N) Year 18 2005/ 06 227.924 9,782 9,677 84,462 8,512 144,876 43,093 90,922 619,248 19 Z006107 231.146 9,920 9,813 85,656 8,632 146,924 43,702 92,208 628,002 20 2007/ 08 233,699 10,030 9,9Z2 86,602 8,728 148,547 44,185 93,226 634,938 21 2008/ 09 235,635 10,114 10,004 87,319 8,800 149,777 44,550 93,998 640,196 22 2009110 Z37,000 10,173 10,062 87,826 8,851 150.645 44,809 94,543 643,909 23 2010/ 11 237,843 10,208 10.097 88,138 8,882 151,181 44,968 94,879 646,197 24 2011/ 12 238,203 10,224 10,113 88,272 8,896 151,410 45.036 95,022 647,175 25 2012/ 13 238,122 10,220 10,109 83.241 8,893 151,358 45,020 94.990 646,954 26 2013/ 14 237,635 10,199 10,089 88,061 8,875 151.048 44,92E 94,796 645,632 27 2014/ 15 236,778 10,162 10,053 87,744 8.843 150,504 44,766 94,454 643,303 28 2015/ 16 235,583 10,111 10,001 87,301 8,798 149,744 44,540 93,977 640,056 29 2016/ 17 234,081 10,047 9,938 86,744 8,742 148,789 44,256 93,378 635,973 30 20171 18 232,299 9,970 9,862 86,083 8,675 147,657 43,919 92,667 631,132 31 2018/ 19 230,264 9,882 9,776 85,329 8,599 146,363 43,534 91,856 625,604 32 2019/ 20 228,001 9,785 9,680 84,491 8,515 144,925 43,106 90,953 619,457 33 2020/ 21 225,533 9.679 9,575 83.576 8,422 143.356 42,640 89,968 612.751 34 2021/ 22 222,882 9,565 9,462 82,593 8,323 141,671 42,138 88,910 605,546 35 2022/ 23 720,066 9,445 9,343 81,550 8,218 139,881 41.606 87,787 597,896 36 2023/ 24 217,105 9,318 9,217 80,453 8,108 137.999 41,046 86,606 589,851 37 2024/ 25 214.016 9,185 9,086 79,308 7.992 136,036 40.462 85,374 581.459 38 2025/ 26 210,815 9,048 8,950 78,122 7,873 134,001 39,857 84.096 572,762 39 2026/ 27 207,517 8,906 8,810 76,900 7,750 131,905 39,234 82,781 563,802 40 2027/28 204,136 8,761 8,666 75,647 7,623 129,756 38,594 81,432 554,615 41 2028129 200.684 8,613 8,520 74,368 7,494 127,561 37,942 80,055 545,237 42 2029/ 30 197,174 8.462 8,371 73,067 7,363 125,330 37,278 78,655 535,700 43 2030131 193,616 8,309 8,220 71,748 7,230 123,069 36,605 77,235 526,033 44 2031/ 3Z 190,020 8,155 8,067 70,416 7,096 120,783 35,926 75,801 516,265 45 2032/ 33 186,397 7,999 7,913 69,073 6,961 118,480 - 35,241 74,356 506,4Z0 46 2033/ 34 182,753 7,843 7,759 67,723 6,825 116,164 34,552 72,902 496,5Z1 47 2034/ 35 179,099 7,686 7,604 66,369 6,688 113.841 33,861 71,444 486.592 48 2035136 175,440 7,529 7,448 65,013 6,552 111,516 33,169 69,985 476,651 49 2036/ 37 171,783 7,372 7,293 63,658 6,415 109.191 32,478 68,526 466,716 50 2037/ 38 51 2038 39 TOTAL 6,913,249 296,706 293,498 2,561,853 258,174 4.394.289 1,307,0#1 2 757,783 18,782,593 Cumulutive To: 2014/ 15 2,353,985 101,033 99,939 872,321 87,911 1,496,269 445.058 939,038 6,395.554 To: 2024/ 25 4.613,816 198,021 195.878 1,709,748 172,304 2,932,691 872,306 1,840,514 12,535,279 To: 2034/ 35 6,566,027 281,804 278.757 2,433,182 245.207 4,173,582 1,241,394 2,619,272 17,839,227 To: 2038139 6,913,249 296,706 293.498 2 561 B53 258.174 4994 289 1,307A41 2.757.783 18 782.593 Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Attachment Table B-6A Unadjusted Levies Contractual Pass -Through Payments Petaluma Community Development Project (In Future Value, or "Actual" Dollars) (1) (2) (3) County County Total General Library County Pass -Through Pass -through Pass -Through Year Fiscal at 96% at 96% (N) Year Levy: 28.78% Levy: 1.94% 18 2005/ 06 3,274,265 235,317 3,509,582 19 2006/ 07 3,307,055 238,556 3,545,612 20 2007/ 08 3,448,991 249,169 3,698,160 21 2008/ 09 3,596,939 260,208 3,857,147 22 2009/ 10 3,752,763 271,799 4,024,562 23 2010/ 11 3,916,864 283,970 4,200,834 24 2011/ 12 4,089,667 296,749 4,386,416 25 2012/ 13 4,271,617 310,167 4,581,784 26 2013/ 14 4,463,182 324,256 4,787,437 27 2014/ 15 4,664,851 339,049 5,003,900 28 2015/ 16 4,877,142 354,582 5,231,724 29 2016/ 17 5,100,596 370,892 5,471,488 30 2017/ 18 5,335,783 388,017 5,723,800 31 2018/ 19 5,583,299 405,998 5,989,297 32 2019/ 20 5,843,772 424,879 6,268,651 33 2020/ 21 6,117,864 444,703 6,562,567 34 2021/ 22 6,406,265 465,519 6,871,784 35 2022/ 23 6,709,704 487,375 7,197,079 36 2023/ 24 7,028,945 510,324 7,539,270 37 2024/ 25 7,364,792 534,421 7,899,213 38 2025/ 26 7,526,649 546,826 8,073,475 39 2026/ 27 7,696,310 559,787 8,256,097 40 2027/ 28 7,870,328 573,072 8,443,400 41 2028/ 29 8,048,811 586,689 8,635,500 42 2029/ 30 8,231,875 600,647 8,832,522 43 2030/ 31 8,419,636 614,953 9,034,589 44 2031/ 32 8,612,214 629,617 9,241,831 45 2032/ 33 8,809,732 644,648 9,454,380 46 2033/ 34 9,012,316 660,054 9,672,370 47 2034/35 9,220,095 675,846 9,895,941 48 2035/ 36 9,433,202 692,032 10,125,235 49 2036/ 37 3,647,889 267,824 3,915,713 50 2037/ 38 0 0 0 51 2038/39 0 0 0 TOTAL 195,683,412 14,247,947 209,931,359 Cumulative To: 2014/ 15 38,786,193 2,809,241 41,595,434 To: 2024/ 25 99,154,355 7,195,950 106,350,306 To: 2034/ 35 182,602321 13,288,091 195,890,411 To: 2038/ 39 195,683:412 14,247,947 209,931,359 Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Attachment Table B-6B Unadjusted Levies Contractual Pass -Through Payments Petaluma Community Development Project (In Present Value Dollars) (1) (2) (3) County County Total General Library County Pass -Through Pass -through Pass -Through Year Fiscal at 96% at 96% (N) Year Levy: 28.78% Levy: 1.94% 18 2005/ 06 3,274,265 235,317 3,509,582 19 2006/ 07 3,134,650 226,120 3,360,769 20 2007/ 08 3,098,754 223,867 3,322,621 21 2008/ 09 3,063,202 221,597 3,284,799 22 2009/ 10 3,029,293 219,401 3,248,694 23 20101 11 2,996,927 217,275 3,214,202 24 2011/ 12 2,966,014 215,216 3,181,230 25 2012/ 13 2,936,467 213,220 3,149,687 26 2013/ 14 2,908,204 211,285 3,119,489 27 2014/ 15 2,881,149 209,407 3,090,555 28 2015/ 16 2,855,228 207,583 3,062,811 29 2016/ 17 2,830,374 205,812 3,036,186 30 2017/ 18 2,806,523 204,090 3,010,613 31 2018/ 19 2,783,613 202,415 2,986,028 32 2019/ 20 2,761,588 200,785 2,962,372 33 2020/ 21 2,740,393 199,197 2,939,591 34 2021/ 22 2,719,979 197,650 2,917,629 35 20221 23 2,700,297 196,142 2,896,440 36 2023124 2,681,303 194,671 2,875,974 37 2024/ 25 2,662,954 193,235 2,856,190 38 2025/ 26 2,579,600 187,413 2,767,014 39 2026/ 27 2,500,235 181,853 2,682,089 40 2027/ 28 2,423,476 176,464 2,599,939 41 2028/ 29 2,349,228 171,239 2,520,467 42 2029/30 2,277,402 166,173 2,443,575 43 2030/ 31 2,207,912 161,261 2,369,174 44 2031/ 32 2,140,676 156,499 2,297,175 45 2032/ 33 2,075,612 151,882 2,227,494 46 2033/ 34 2,012,647 147,405 2,160,051 47 2034/ 35 1,951,705 143,063 2,094,767 48 2035/ 36 1,892,716 138,852 2,031,568 49 2036137 693,770 50,936 744,706 50 2037/ 38 0 0 0 51 2038/ 39 0 0 0 TOTAL 82,936,157 6,027,324 88,963,481 Cumulative To: 2014/ 15 30,288,924 2192,704 32,481,628 To: 2024/ 25 57,831,178 4:194,285 62,025,462 To: 2034/ 35 80,349,671 5,837,536 86,187,208 To: 2038/ 39 82,936,157 6,027,324 88,963,481 Present value discounted to 2005106 at: 5.50% Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Attachment Table B-7A Statutory Pass -Through Payments to Affected Taxing Entities Unadjusted Levies Petaluma Community Development Project (In Future Value or Nominal Dollars) (1) (2) (3) (4) (5) (6) City Special Cinnabar Old Petaluma Waugh General Districts Adobe City Fund JAI Union Elementary Year Fiscal (N) Year Levy: 13.24% Levy: 3.45% Levy: 0.87% Levy: 1.39% Levy: 12.15% Levy: 0.41% 18 2005106 0 0 0 0 0 0 19 2006/ 07 0 0 0 0 0 0 20 2007/ 08 0 0 0 0 0 0 21 2008109 0 0 0 0 0 0 22 20091 10 15,134 3,949 1,000 1,587 13,894 474 23 Z010/ 11 31,001 8,089 2,048 3,250 28,461 970 24 2011/ 12 47,643 12,432 3,147 4,995 43,738 1,491 25 2012/ 13 65,103 16,988 4,301 6,826 59,767 2,038 26 2013/ 14 83,427 21,769 5,511 8,747 76,590 2,611 27 2014115 102,664 26,789 6,782 10,764 94,250 3,213 28 20151 16 122,863 32,060 8,116 12,881 112,794 3,846 29 20161 17 144,077 37,595 9,518 15,106 132,269 4,510 30 2017/ 18 166,361 43,410 10,990 17,442 152.727 5,207 31 2018/ 19 189,772 49,519 12,536 19,896 174,220 5,940 32 2019/ 20 214,372 61,326 15,525 24,640 215,758 7,356 33 2020/ 21 240,223 73,730 18,666 29,624 259,399 8,844 34 2021122 267,392 86,765 21,966 34,861 305,257 10,408 35 2022/ 23 295,948 100,462 25,433 40,365 353,449 12,051 36 2023124 325,963 114,858 29,078 46,149 404,098 13,778 37 2024/ 25 357,514 129,990 32,909 52,229 457,334 15,593 38 2025126 390,140 145,693 36,884 58,538 512,581 17,476 39 2026/ 27 407,087 153,866 38,953 61,822 541,337 18,457 40 2027128 424,449 162,237 41,073 65,186 570,788 19,461 41 2028/ 29 442,236 170,811 43,243 68,631 600,953 20,489 42 2029/ 30 460,461 179,594 45,467 72.159 631,852 21,543 43 2030/ 31 479,133 188,591 47,744 75,774 663,504 22,622 44 2031/ 32 498,266 197,807 50,077 79,477 695,930 23,728 45 2032/ 33 517,871 207,249 52,468 83,271 729,149 24,860 46 2033/ 34 537960 216,923 54,917 87,158 763,184 26,021 47 2034/ 35 558:548 226,834 57,426 91.140 798,054 27,210 48 2035/ 36 579,645 236,990 59,997 95,2Z1 833,784 28,428 49 2036137 205,452 84,535 21,401 33,965 297,413 10,140 50 2037138 0 0 0 0 0 0 51 2038139 0 0 0 0 0 0 TOTAL 8,170,704 2,990,864 757,176 1,201,705 10,522,533 358,766 Cumulative To: 2014/ 15 344,972 90,0171 22,789 36,168 316,700 10,798 To: 20Z41 25 2,669,456 819,7331 207,526 329,362 2,884,005 98,330 To: 2034135 7,385,606 2669,339 675,778 1,072,519 9,391,336 320,198 To: 2038/ 39 8.170,704 2:990,864 757,176 1,201,705 10,522,533 358,766 [Al The Ciry's pass-rhmugh is based only on the first tier of the AB1290 pass -through. In shares of the second and third riers are retained by the Agency. Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Attachment Table B-71]1 Statutory Pass -Through Payments to Affected Taxing Entities Unadjusted Levies Petaluma Community Development Project (In Future Value or Nominal Dollars) (7) (8) (9) (10) (11) (12) Petaluma So. Co. School Petaluma HI, Schools Total City JT Junior Services Elem- Unif Equalization Pass-Throughs JT High College Admin. Failure Aid Year Fiscal (N) Year Levy: 18.40% Levy: 5.47% Levy; 2.01% Levy: 11.55% Levy: 0.33% 18 2005/ 06 0 0 0 0 0 0 19 2006/ 07 0 0 0 0 0 0 20 2007108 0 0 0 0 0 0 21 2008/ 09 0 0 0 0 0 0 22 2009/ 10 21.034 6,256 2,293 13,200 373 79,194 23 2010/ 11 43,087 12,815 4,698 27,040 764 162,223 24 2011/ 12 66,216 19,694 7,219 41,555 1,174 249,305 25 2012/ 13 90,482 26,912 9,865 56,784 1,605 340,669 26 2013/ 14 115,950 34,486 12,641 72,766 2,056 436,556 27 2014/ 15 142,686 42,438 15,556 89,545 2,531 537,217 28 2015/ 16 170,759 50,788 18,617 107,162 3,029 642,914 29 2016/ 17 200,243 59,557 21,832 125,666 3,551 753,923 30 2017/ 18 231,215 68,769 25,208 145,102 4,101 870,531 31 2018/ 19 263,753 78,447 28,756 165,522 4,678 993,040 32 2019/ 20 326,638 97,150 35,612 204,986 5,793 1,209,157 33 2020121 392,707 116,801 42,815 246,449 6,965 1,436,225 34 2021/ 22 462,132 137,449 50,384 290,017 8,196 1,674,827 35 2022/ 23 535,089 159,149 58,338 335,803 9,490 1,925,577 36 2023/ 24 611,768 181,955 66,698 383,924 10,850 2,189,119 37 2024/ 25 692,363 205,926 75,485 434,503 12,280 2,466,125 38 2025/ 26 776,002 230,802 84,604 486,991 13,763 2,753,475 39 2026/ 27 819,535 243,750 89,350 514,311 14,535 2,903,003 40 2027/ 28 864,121 257,011 94,211 542,292 15,326 3,056,153 41 2028/ 29 909,789 270,594 99,190 570,951 16,136 3,213,023 42 2029/ 30 956,567 284,507 104,290 600,308 16,965 3,373,712 43 2030/ 31 1,004,486 298,759 109,514 630,380 17,815 3,538,322 44 2031/ 32 1,053,575 313,359 114,866 661,186 18,686 3,706,957 45 2032/ 33 1,103,866 328,317 120,349 692,747 19,578 3,879,725 46 2033134 1,15:1 11 343:642 125,967 725,083 20,492 4,056,736 47 2034135 1,208,1S, 359343 131,722 758,213 21,428 4,238,101 48 2035/ 36 1,262,2741 375,431 137,619 792,158 22,387 4,423,935 49 2036/ 37 450,256 133,917 49,089 282,565 7,986 1,576,720 50 2037138 0 0 0 0 0 0 51 2038 39 0 0 0 0 0 0 TOTAL 15,930,165 4,738,025 1,736,787 9,997,209 56,686,465 Cumulative To: 2014115 479,455 142,602 52,Z73 300,889 1,805,165 To: 2024125 4,366,122 1,299:593 47fi,017 2.740,024 122': 15,966,fiO3 To: 2034/ 35 14,217,635 4:228,677 1,550,078 8,922,485 50:685:810 To: 2038/ 39 15,930,165 4,738,025 1,736,787 9,997,209 56,686,465 Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Attachment Table B-7C Statutory Pass -Through Payments to Affected Taxing Entities Unadjusted Levies Petaluma Community Development Project (In Present Value or Constant 2005/06 Dollars) (1) (2) (3) (4) (5) (6) City Special Cinnabar Old Petaluma Waugh General Districts Adobe City Fund"' Union Elementary Year Fiscal (N) Year Levy: 13.24% Levy: 3.45% Levy: 0.87% Levy: 1.39% Levy: 12.15% Levy: 0.41% 18 2005/06 0 0 0 0 0 0 19 2006/ 07 0 0 0 0 0 0 20 2007/ 08 0 0 0 0 0 0 21 2008/ 09 0 0 0 0 0 0 22 2009/ 10 12,217 3,188 807 1,281 11,215 382 23 2010/ 11 23,720 6,190 1,567 2,487 21,776 742 24 2011/ 12 34,553 9,016 2,283 3,623 31,721 1,082 25 2012/ 13 44,754 11,678 2,956 4,692 41,086 1,401 26 2013/ 14 54,361 14,185 3,591 5,699 49,906 1,702 27 2014/ 15 63,408 16,546 4,189 6,648 58,211 1,985 28 2015/ 16 71,928 18,769 4,752 7,541 66,033 2,251 29 2016/ 17 79,950 20,862 5,282 8,382 73,397 2,502 30 2017/ 18 87,503 22,833 5,780 9,174 80,331 2,739 31 2018/ 19 94,613 24,688 6,250 9,920 86,859 2,961 32 2019/ 20 101,306 28,981 7,337 11,644 101,961 3,476 33 2020/ 21 107,604 33,026 8,361 13,270 116,194 3,962 34 2021/ 22 113,530 36,839 9,326 14,801 129,606 4,419 35 2022/ 23 119,103 40,431 10,236 16,245 142,244 4,850 36 2023/ 24 124,344 43,815 11,092 17,604 154,150 5,256 37 2024/ 25 129,270 47,002 11,899 18,885 165,363 5,638 38 2025/ 26 133,712 49,933 12,641 20,063 175,676 5,990 39 2026/ 27 132,247 49,985 12,654 20,084 175,859 5,996 40 2027/ 28 130,699 49,957 12,647 20,072 175,760 5,993 41 2028/ 29 129,077 49,855 12,621 20,031 175,402 5,980 42 2029/ 30 127,389 49,686 12,579 19,963 174,806 5,960 43 2030/ 31 125,645 49,455 12,520 19,871 173,993 5,932 44 2031132 123,850 49,167 12.447 19,755 172,982 5,898 45 2032/ 33 122,013 48,829 12,362 19,619 171,791 5,857 46 2033/ 34 120,138 48,444 12,264 19,464 170,436 5,811 47 2034/ 35 118,233 48,016 12,156 19,293 168:932 5,760 48 2035/ 36 116,302 47,551 12,038 19,105 167294 5,704 49 2036/ 37 39,074 16,077 4,070 6,460 56,563 1,929 50 2037/ 38 0 0 0 0 0 0 51 2038 39 0 0 0 0 0 0 TOTAL 2,650,540 935,002 236,708 375,676 3.289,548 112,157 Cumulative To: 2014/ 15 233,012 60,802 24 213,916 7,293 2024/25 1,262,161 378,047 95,707 1,8To: 1596 1,330,054 45,348 To: 2034/35 2,525,164 871,374 22..60" 350,11I 3,065,691 104,525 To: 2038/ 39 2,680,540 935,002 236,708 375,676 3,289,548 112,157 [A] The City's pass -through is based only an the first tier of the AB1290 pass -through. In shares of the second and third tiers are retained by the Agency. Future value based on 2005/06 values escalated annually at: 5.5% Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Attachment Table B-7D Statutory Pass -Through Payments to Affected Taxing Entities Unadjusted Levies Petaluma Community Development Project (In Present Value, 2005/06 Dollars) (7) (8) (9) (10) (11) (12) Petaluma So. Co. School Petaluma HI, Schools Total City JT Junior Services Elem. Unif Equalization Pass-Throughs JT High College Admin. Failure Aid Year Fiscal (N) Year Lev : 18.40% Levy: 5.47% Lev : 2.O1% Le 11.55% Levy: 0.33% IS 2005/ 06 0 0 0 0 0 0 19 2006/ 07 0 0 0 0 0 0 20 2007108 0 0 0 0 0 0 21 2008/ 09 0 0 0 0 0 0 22 2009/ 10 16,979 5,050 1,851 10,655 301 63,927 23 2010/ 11 32,967 9,805 3,594 20,689 585 124,122 24 2011/ 12 48,023 14,283 5,236 30,137 852 180,807 25 2012/ 13 62,201 18,500 6,781 39,035 1,103 234,189 26 2013/ 14 75,553 22,471 8,237 47,414 1,340 284.460 27 2014/ 15 88,127 26,211 9,608 55,305 1,563 331,801 28 2015/ 16 99,968 29,733 10,899 62,736 1,773 376,382 29 2016/ 17 111,117 33,049 12,115 69,733 1,971 418,36D 30 2017/ 18 121,615 36,171 13,259 76,321 2,157 457,883 31 2018/ 19 131,497 39,110 14,336 82,523 2,332 495,091 32 2019/ 20 154,359 45,910 16,829 96,870 2,738 571,411 33 2020121 175,907 52,319 19,178 110,393 3,120 643,332 34 2021/ 22 196,212 58,358 21,392 123,136 3,480 711,100 35 2022/ 23 215,345 64,049 23,478 135,143 3,819 774,942 36 2023124 233.369 69,410 25,443 146,454 4,139 835,074 37 2024/ 25 250,344 74.458 27.294 157,107 4,440 891,699 38 2025/ 26 265,958 79,103 28,996 166,906 4.717 943,696 39 2026/ 27 266,235 79,185 29,026 167,080 4,722 943,074 40 2027/ 28 266,085 79.140 29,010 166,986 4,719 941,068 41 2028129 265,542 78,979 28.951 166,645 4,710 937,794 42 2029/ 30 264,641 78,711 28,852 166,079 4,694 933,360 43 2030/ 31 263,410 78.345 28,718 165,307 4,672 927,867 44 2031/ 32 261,879 77,889 28,551 164,346 4,645 921,411 45 2032/ 33 260,076 77,353 28,355 163,214 4,613 914,081 46 2033/ 34 258,024 76,743 28,131 161,927 4,576 905,958 47 2034135 255,747 76.066 27,883 160,498 4,536 897,119 48 2035136 253,268 75,328 27,613 158,942 4,492 887,636 49 2036/ 37 85,631 25,469 9,336 53,739 1,519 299,867 50 2037/ 38 0 0 0 0 0 0 51 2038 39 0 0 0 0 0 0 TOTAL 4,980,079 1,481,199 542,953 3,125,321 88,325 17,847,509 Cumulative To: Z014/ 15 323,8501 96,321 35,308 203,237 5,744 1,219,306 To: 2024/ 25 2,013,SB1 598,889 219,531 1,263,653 31,7114 7,394:579 To: 2034/ 35 4,641,150 I:380,402 506,005 2,912,640 82,315 16,660,006 To: 2038/ 39 4,980,079 1,481,199 542.953 3,125,321 88,325 17,847,;no Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Table C-lA Summary of Projected Tax Increment From 200516 Through End of Project Petaluma Plan Amendments & Fiscal Merger - CBD Original and Added Areas Nominal Constant Dollars 2005/06 Dollars County Distribution of Basic Incremental Taxes Incremental Tax Revenues $230,964,545 $86,793,506 Less: County Property Tax Admin Fee 3,926,397 1,475,490 Tax Revenues Remitted to Agency 227,038,147 85,318,017 TI Available to Agency After Obligations Tax Revenues Remitted to Agency 227,038,147 85,318,017 Less: Pass-Throughs to Taxing Entities 62,527,679 21,052,714 Less: State ERAF Payment 10 000 10 000 TI Available to Agency After Obligations 164,500,468 64,255,302 Projected Use of TI Funds Agency Administration (Non-Hsg) 3,074,302 1,301,930 TI Available for Housing Programs 46,192,909 17,358,701 TI Available for Non -Housing Projects 115,233 257 45,594,671 Total TI Funds Used by Agency 164,500,468 64,255,302 Subtotal, TI for Housing & Projects 161,426,166 62,953,373 Cumulative TI for Housing Programs 2014/ 15 6,486,889 4,844,121 2024/ 25 22,299,592 12,048,673 2034/ 35 34,719,172 15,643,847 2046/ 47 46,192,909 17,358,701 Cumulative TI for Non -Housing Projects 2014/ 15 19,276,689 14,468,952 2024/ 25 59,914,052 33,078,010 2034/ 35 89,944,784 41,799,743 2046/ 47 115,233,257 45,594,671 Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Table C-1B Summary of Projected Tax Increment by Subarea From 2005/6 Through End of Project Petaluma Plan Amendments 8c Fiscal Merger - CBD Original and Added Areas Original Added Total Amended Area Area Area Future Value Dollars County Distribution of Basic Incremental Taxes Incremental Tax Revenues $102,964,011 $128,000,533 $230,964,545 Less: County Property Tax Admin Fee 1 50 388 2,176,009 3,926,397 Tax Revenues Remitted to Agency 101,213,623 125,824,524 227,038,147 TI Available to Agency After Obligations Tax Revenues Remitted to Agency 101,213,623 125,824,524 227,038,147 Less: Pass-Throughs to Taxing Entities 23,829,170 38,698,510 62,527,679 Less: State ERAF Payment 10 000 0 10 000 TI Available to Agency After Obligations 77,374,453 87,126,015 164,500,468 Projected Use of TI Funds Agency Administration (Non-Hsg) 1,448,752 1,625,551 3,074,302 TI Available for Housing Programs 20,592,802 25,600,107 46,192,909 TI Available for Non -Housing Projects 55332,900 59,900357 115.233,257 Total TI Funds Used by Agency 77,374,453 87,126,015 164,500,468 Subtotal, TI for Housing &Projects 75,925,702 1 85,500,464 1 161,426,166 Present Value Dollars County Distribution of Basic Incremental Taxes Incremental Tax Revenues 49,876,119 36,917,387 86,793,506 Less: County Property Tax Admin Fee 847,894 627,596 1,475,490 Tax Revenues Remitted to Agency 49,028,225 36,289,791 85,318,017 TI Available to Agency After Obligations Tax Revenues Remitted to Agency 49,028,225 36,289,791 85,318,017 Less: Pass-Throughs to Taxing Entities 10,664,365 10,388,349 21,052,714 Less: State ERAF Payment 10 000 0 10 000 TI Available to Agency After Obligations 38,353,860 1 25,901,442 64,255,302 Projected Use of TI Funds Agency Administration (Non-Hsg) 784,570 517,359 1,301,930 TI Available for Housing Programs 9,975,224 7,383,477 17,358,701 TI Available for Non -Housing Projects 27,594,066 18,000,605 45,594,671 Total TI Funds Used by Agency 38,353,860 25,901,442 64,255,302 Subtotal, TI for Housing F3 Projects 37,569,290 25,384,082 62,953,373 Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Table C-2 Tax Increment Projections Petaluma Plan Amendments 6r Fiscal Merger - CBD Original and Added Areas (In Future Value or Nominal Dollars) County Distribution of Basic lncremenml Taxes Agency Obli tions Net Tax Increment Net Tax Increment (1) (2) (3) (4) (5) (6) Available far Available for Incremental County Net Taxes Pass. State Agency Housin Programs N..-H.mma Pra'ects (7) (8) (9) (10) Year Fiscal Tax Admin Remitted Through ERAF Admin (N) Y,.-or Revenues Fee to Agency Pa menu Pa enP Exacnses Annual Cumulative Annual Cumulative 0 2005/06 1,162,608 19,764 1,142,844 120,135 10,000 59,829 232,522 232,522 720,358 720,358 1 2006/ 07 1,767,116 30,041 1,737.075 209,416 0 63,311 353,423 565.945 1,110,925 1,831,283 2 2007/ 08 2,154,326 36,624 2.117,702 281,237 0 67,Z31 430,865 1.016,810 1,338,369 3,169,652 3 2008/ 09 2,559,050 43.504 2,515,546 360,756 0 67,127 511,810 1,528,62C 1,575,853 4.745.505 4 2009/ 10 2,982,360 50,700 2,931,66C 443,950 0 69,127 596,472 2,125,092 1,822,111 6,567,616 5 20101 11 3,424.932 58,224 3,366.708 530,955 0 71,190 684,986 2,810,078 2.079,578 8.647,193 6 2011/ 12 3,887.464 66,087 3,821,377 621.907 0 73,316 777,493 3,587,571 2,348.661 10,995,855 7 20171 13 4345,997 73,882 4,272,115 783.152 0 75,508 569,199 4,456,771 2,544,256 13,540,110 8 20131 14 4,825.216 82,029 4,743,188 943,196 0 77,766 965.043 5,421,814 2,757,182 16,297,292 9 20141 15 5,325,376 90,531 5.234.844 1,110,278 0 80,093 1,065,075 6,486,889 2.979,397 19,276,689 10 2015/ 16 5,847,223 99,403 5,747,82C 1,284,652 0 82,491 1,169,445 7.656,334 3,211,233 22,487,922 11 2016/ 17 6,391,529 108,656 6,282.873 1.466.575 0 84,961 1,278,306 8,934,639 3.453.031 25.940,953 12 2017/ 18 6,959,092 118,305 6,840,787 1,656,319 0 87.505 1,391,818 10,326,458 3.705.145 29.646.099 13 2018/ 19 7,550,734 128,362 7,422,371 1.854,158 0 90,176 1,510.147 11,836,605 3,967,940 33,614,039 14 20191 20 8,167,304 138.844 8,028,46C 2,060,380 0 92,826 1,633.461 13.470,065 4,241.792 37,855,831 15 2020/ 21 8,375,189 142,378 8,232,811 2,246.315 0 95,610 1.675.038 15,145,103 4,215,848 42,071,679 16 2021/ 22 8,596,749 146,145 8,450,605 2,321,434 0 98,477 1.719,350 16,864.453 4,311,344 46,383,023 17 2022/ 23 8,823,B48 150,005 8,673.843 2.398,431 0 101,430 1,764,770 18,629,223 4.409,212 50,792,235 18 2023/ 24 9,056,625 153,963 8,902,663 2.477,353 0 104.472 1,811,325 20,440,548 4.509.512 55,301.747 19 20241 25 9,295,221 158,019 9,137,203 2,558,249 0 107,605 1,859.044 22,299,592 4,612,305 59.914.052 20 2025/ 26 9,539,782 162,176 9,377.606 2,641.166 0 110,831 1.907,956 24.207,548 4,717,652 64,631,704 21 20261 27 9,790,457 166,438 9,624,020 2,776,157 0 114,155 1.958.091 26,165,640 4,825.616 69,457,321 22 2027/ 28 10,047,399 170,806 9,876.594 2,813,272 0 117,579 2.009.480 28,175,12C 4,936,263 74,393,584 23 20281 29 10,310,765 175,283 10.135,482 2,902,565 0 121,105 2,062,153 30,237,273 5,049,659 79,443,244 24 2029/ 30 3,483.300 59.216 3,424,083 1.034,796 0 41,027 696,660 30,933,933 1,651,601 81.094.844 25 2030/ 31 3,580.640 60.871 3.519,769 1,067.862 0 42,258 716,128 31,650,061 1,693,521 82,788,366 26 2031/ 32 3,680,414 62,567 3.617847 1101754 0 43,526 736,083 32,386,14I 1,736,484 84,524,850 27 2032/33 3,782,683 64,306 3,718:377 1:146:019 0 44,832 756,537 33,142,680 1,770,990 86,295.840 28 2033/34 3,887,508 66,088 3,821,420 7,191,390 0 46,177 777.502 33,920,182 1,806,352 88,102,192 29 2034/ 35 3,994,954 67,914 3,927.039 1,237,895 0 47,562 798.991 34.719.172 1,842,592 89,944,784 30 20351 36 4.105.086 69,786 4.035,299 1,285,563 0 48.989 821,017 35,540,189 1,879,730 91.824,514 31 2036/ 37 4.217.971 71,706 4,146,265 1,334,4Z3 0 50.458 843,594 36,353,784 1,917,790 93.742.304 32 2037/ 38 4,333,678 73,673 4.260,006 1,384,504 0 51,972 866,736 37.250,519 1,956.794 95,699,098 33 2038/ 39 4,452,278 75,689 4,376.589 1,435.837 0 53,531 890,456 38,140,975 1.996.766 97.695,864 34 20391 40 4,573.843 77,755 4,496.088 1.488,453 0 55,137 914,769 39.055,744 2,037.729 99,733,593 35 20401 41 4,698,447 79.874 4,618,574 1,542,385 0 56,791 939.689 39.995.433 2,079.708 101,813,300 36 2041/ 42 4826167 82,045 4.741,122 1,597,665 0 58,495 965233 40,960,666 2,122,728 103,936,029 37 20421 43 4:957:079 84,270 4.872,809 1,654,327 0 60,250 991:416 41,952,082 2,166,815 106,102,844 38 2043/ 44 5.091264 86,551 5.004,712 1,712,406 0 67,057 11018.253 42,970.335 2.211,996 108,314,840 39 2044/ 45 5,228:804 88,890 5,139.914 1.771,937 0 63,919 1,045.761 44,016,096 2.258,297 110.573.137 40 2045/ 46 5.369.782 91,286 5,278,496 1,832,956 0 65,837 1,073,956 45,090,052 2.305.747 112,878.884 41 2046 47 5.514.254 93,743 5,420,542 1,895,500 0 67,812 1.102.857 46,192.909 2,354.373 115,7,33,257 TOTAL 230,964,545 3,926,397 227,038,147 62,527,679 10,000 3,074,302 46,19Z,909 715,233,257 Cumulative To: 2014/ 15 32,434,445 551,386 31,883,059 5,404,9B2 10.000 704,500 6,486 889 a;, 19,276,689, ':` To: 20241 25 111,497,960 1,895,465 109,602,494 25,728,848 10,000 1,650,002 22,299 592 59,914,05Z To: 2034/ 35 173,595,862 2,951,130 170,644,732 43,591,723 t0,000 1,379,053 34,719 172 89,944,784 To: 204647 230.964545 3.926.397 227038,147 62.527.679 10000 3.074.302 46,192.909 Ili,2J3 S7 Based on revenurs from Basic Tex Increment (1.0%), exclusive of bond c,emdes. PC DC's total ERAF payments for FY 2005106 was $904.053 according to the Sonoma County Auditor's Office. Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Table C•3 Tax Increment Projections Petaluma Plan Amendments &Fiscal Merger- CBD Original and Added Areas (In Present Value) County Distribution of Basic Incremental Taxes Agency Oblitions Net Tax Increment Net Tax Increment Available for Available far (1) (2) (3) (4) (5) (6) Incremental County Net Taxes Pass. state Agency Hoaslny P,.L,.ms Non-Housinv Pieces (7) (8) (9) (10) Yur Fiscal Tax Admin Remitted Through ERAF Admin (N) Year Revenues Fee toA en Pa mems Paymane E. eases Annual Cumulative Annual Cumulatve 0 2005/ 06 1,162,608 19,764 1,142,844 120,135 10,000 59,829 232,522 232,522 720.358 720,358 1 2006/ 07 1,674,991 28.475 1,646,517 198,499 0 60,010 334.998 567,520 1,053,009 1,773,367 2 2007/08 1,935,559 32,905 1,902.654 252,678 0 6004 387,112 954,632 1,202,461 2,975,828 3 2008/ 09 2,179,322 37,048 2,142,274 307.225 0 57,167 435,864 1,390,496 1,342,018 4,317,846 4 2009/ 10 2,407,411 40.926 2.366,485 358,364 0 55,801 481,482 1,871,978 1,470,838 5.788,684 5 20101 11 2,620,533 44,549 2,575.954 406,252 0 54.470 524.107 2,396,085 1,591,156 7,379,841 6 2011/ 12 2,819,367 47,929 2,771.438 451,035 0 53,172 563,873 2,959.958 1,703,357 9,083,198 7 2012/ 13 2,987,598 50,789 2,936,809 538,368 0 51,907 597,520 3,557,478 1,749,015 10.832,213 B 2013/ 14 3,144,105 53,450 3,090,656 614,585 0 50,673 628,821 4,186,299 1,796,577 12,628.759 9 2014/ 15 3,289,108 55,915 3,233,193 655,740 0 49.465 657,822 4,844,121 1,840.163 14,468,952 10 2015/ 16 3,423,143 58,193 3,364,950 752,074 0 48,293 684,629 5,578,749 1,879,954 16,348,906 It 20161 17 3,546,727 60,294 3,486,432 813,818 0 47.146 709,345 6,238,095 1,916,123 1B,265,029 12 2017/ 18 3,660,354 62,226 3,598,128 871,193 0 46,026 732,071 1,170,165 1,948,838 20,213,867 13 2018/ 19 3,764,p99 63,996 3,700,503 924,410 0 44,933 752,900 7,723,065 1,978,259 22,192,126 14 20191 20 3,859,618 65,613 3.794.004 973,673 0 43,867 771,924 81494.989 21004,541 24,196,667 15 20201 21 3,751,524 63,776 3,687,748 1,006,199 0 42,827 750,305 9,245,293 1,888,418 26,O85,085 16 2021/ 22 3,650,017 67,050 3,587.967 985,637 0 41,811 730,003 9,975,297 1,830.515 27,915,600 17 2022/ 23 3,551,127 60,369 3,490.758 965,240 0 40,820 710,225 10,685,522 1.774.472 29,690,072 18 2023/ 24 3,454,794 58,731 3,396,062 945.026 0 39,852 610,951 11.376,481 1.720.225 31,410,297 19 20241 25 3,360,957 57,136 3,303,821 925,009 0 38,90E fi72,191 12.048,673 1,667,713 33.078,010 20 2025/ 26 3,269,560 55,583 3,213,977 905,204 0 37,915 613,912 12,702.585 1,616,876 34,694,886 21 2026/ 27 3,180,543 54,069 3,126,474 885,624 0 37,085 636,109 13,338,693 1,567,657 36,262.543 22 2027/ 28 3,093,852 52,595 3,041,257 666,279 0 36,205 618,77' 13,957,461 1,520,002 37,782,546 23 2028/ 29 3,009,430 51,160 2,958,270 847,179 0 35,347 601,886 14,559,350 1,473,858 39.256,403 24 2029/30 963,678 16,38J 947,295 28G,283 0 1I,350 192,736 14,752,08' 456,926 39,713,329 25 20301 31 938,965 15,962 923,007 290,029 0 11,081 187,793 14,939,878 444,098 40,157,428 26 20311 32 914,814 15,55Z 899,262 273,855 0 10,819 182,963 15,122,841 43I,625 40,589,053 27 2032/ 33 89I,217 15,151 87fi,06G Z70,007 0 10,563 178,243 15,301,084 417,253 41,OO6,306 28 2033/34 868,165 14.759 853,406 266,063 0 10,312 173,63J 15,474,717 403,398 41,409,704 29 20341 35 845,650 14,376 831,273 262,037 0 10,068 169,13C 15,643,847 390,039 41,799,743 30 20351 36 823,661 14,002 809,659 257,941 0 9,829 164,732 15.808,579 377,157 42,176,899 31 2036137 802,190 13,637 788,553 253,786 0 9,59G 160,431 15,969,018 364,733 42.541,632 32 2037138 781,228 13,281 767,947 249,583 0 9,369 156,246 16,125,263 352,750 42,894,382 33 20381 39 760,766 12,933 747,833 245,343 0 9,147 15Z,153 16,277,416 341.190 43,235.572 34 2039/ 40 740,791 12.594 728,201 241,075 0 8,930 148,159 16,425,575 330.037 43,561'609 35 20401 41 721,3N 12,262 709.042 Z36,78fi 0 8,719 144,261 16,569,836 319,276 43.884,885 36 20411 42 702286 11,939 690,344 232,486 0 8,512 140,457 16,710,293 308,891 44,193,776 37 20421 43 683:730 11,623 672,107 228,182 0 8,310 136,74, 16,847,039 298,869 44,492,645 38 20431 44 665,629 11,316 654.313 223,879 0 8,113 133,12, 16,980,165 289,195 44,781,840 39 20441 45 647.972 11,016 636,957 219,585 0 7,921 129,59q 17,109,759 279,85,1 45,061,696 40 2045/ 46 630.751 10,723 620,029 215,305 0 7,733 126,151 17,235,910 270,840 45,332,537 41 20461 47 613.958 10.437 603 520 211.044 01 7 550 122.792 17.358 701 262 135 45,594.671 TOTAL 86,793,506 1,475,490 85,318,01711 21,052,714 10,0001 1,301,93011 17,358 701 45,59Afi71 Cumulative To: 20141 15 24,220.604 411,750 23,808,853 3:932,BB0 10,000 552,900 4,844 121 ;'. '. 14,468,93-2 t To: 2024/ 25 60.243,363 1,024,137 59,219,226 13,095,160 10,000 987,383 l2,Og8 fi73 To: 2034135 78,219,237 1,329,727 76:889:510 18.237,720 10,000 1,198,199 15,643 847 :: 41,799,743 :. To: 2046 47 86.793 506 1.475,490 85.318.017 2105Z.714 10.000 1,301.930 17.358 701 45 594.671 Based on revenues from Bu_ic Tax Increment (1.0%), exclusive of bond overrides. PCDC's toad ERAF payments for FY 2005106 was $904,053 according to the Sonoma County Auditor's Office. Present value discount rare: 5.5% Petaluma Community Development Commission Report to Council Pemlunm Plan Amendments and Fiscal Merger June 2006 Appendix Table D4 Summary of Tax Increment Projections Petaluma Plan Amendments & Fiscal Merger - CBD Original Area Summary of Assumptions Growth Assumptions FY 2005/06 Secured Assessed Value: $91,865,600 FY 2005/06 State Board Assessed Value: $o FY 2005/06 Unsecured Assessed Value: $9,801,784 FY 2005/06 Total Assessed Value: $101,667,384 FY 2005/06 Unitary Payments (Fst.): $13,407 Annual Inflationary Adjustment: 2% of Secured AV Reassessed Property Assessments: 0.5%of Secured AV New Developpment Assumptions: $20 million in constant FY 2005106 dollars per year from FY 2005/06 to FY 2019170 Annual Growth in State Board Assessed Value: 0.0% Annual Growth in Unsecured Assessed Value: 0.0% Annual Growth in Unitary Payments: 0.0% Tax Increment Generation Project Amended between 12/2/04 and 8/20/05 Property Tax Rate: 1.0% County Property T•ax Admin Fee: 1.7% Pass -Through Payments and Housing Set -Aside are calculated based on Incremental Tax Revenues. Sponsoring Community City receives pass -through City's Unadjusted Levy Within Project Area: 16.44% Agency Administration Cost Cost in FY 2005/06: $47,185 Annual Increase: 3.0% Present Value Discount Rate Present value discounted to FY 2005106 at; 5.5% Historical Information Original Base Assessed Value (Secured, Unsecured and Utility) 18,832,170 Year First Plan Limit was Reached: 2001/02 Tax Increment Projections From FY 2005/06 Through End of Pr ject Constant Nominal Dollars* FY 2005/06 Dollars* County Distribution of Basic Incremental Taxes Incremental Tax Revenues $102,964,011 $49,876,119 Less: County Property Tax Admin Fee 1,750,388 Tax Revenues Remitted to Agency 101,213,623 49,028,225 TI Available to Agency After Obligations Tax Revenues Remitted to Agency 101,213,623 49,028,225 Less: Pass-Throughs to Taxing Entities 23,829,170 10,664,365 Less: State ERAF Payments 10 000 10 000 TI Available to Agency After Obligations 77,374,453 38,353,860 Projected Use of TI Funds Agency Administration (Non-Hsg) 1,448,752 784,570 TI Available for Housing Programs 20,592,802 9,975,224 TI Available for Non -Housing Projects 55,332,900 27,594,066 Total TI Funds Used by Agency 77,374,453 38,353,860 Subtotal, TI for Housing & Projects 1 75,925,702 1 37,569,290 Cumulative TI for Housing Programs 2014115 4,542,764 3,402,558 2024/ 25 15,256,405 8,287,224 2029/ 30 20,592,802 9,975,224 Cumulative TI for Non -Housing Projects 2014/ 15 13,949690 10,512,902 2024/ 25 42011:283 23,379,231 2029/ 30 55:332,900 27,594,066 Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Appendix Table D-2A Tax Increment Projections Petaluma Plan Amendments & Fiscal Merger - CBD Original Area U. Future Value or Nominal Dollars) County Distribution of Basic Incremental Taxes Avc.cv Obliumirox Net Tax Increment Net Tax Increment (1) (2) (3) (4) (5) 16) Available for Available for Incremental County Net Taxes Pass- State Agency Housin Pro rams N.m-H.Usire Proirets (6) (7) (8) (9) Year Fiscal Tax Admin Remitted Through ERAF Admin N Year Revenues' Fee to Agency Payments Payment' Fx enses Annual Cumulative Annual Cumulative 1976/ 77 28 2004105 29 2005/ 06 894,368 15,204 879,163 66,486 10,000 47,185 178,874 178,874 576,619 576,619 30 2006107 1,275,434 21,682 1,253,752 111,080 45,598 255,087 433,960 841,987 1,418,605 31 2007/ 08 1,537.081 26,130 1,510,951 157.788 46,428 307,416 741.377 999.319 2,417,924 32 2008/ 09 1,810,529 30,779 1,779,750 211,051 47.420 362,106 1,103,482 1,159,173 3,577,097 33 2009/ 10 2,096,640 35,643 2,060.997 266,606 48,532 419,328 1.522,810 1,326,331 4903,428 34 2010/ 11 2,395,878 40,730 2,355,148 325,144 49,741 479,176 2,001,986 1.501.087 6,404.515 35 20111 12 2,708,718 46,048 2,662,670 386,158 51,032 541,744 2,543,730 1,683,737 8,088,252 36 2012/ 13 3,010,976 51,187 2,959,789 494,722 52,263 602,195 3,145,925 1,810,609 9,898,861 37 2013/ 14 3,327,098 56,561 3,270,538 599,778 53,575 665,420 3,811,344 1,951,765 11,850,625 38 2014/ 15 3,657,097 62,171 3,594.926 709,483 54,959 731,419 4,542.764 2,099,065 13,949,690 39 2015/ 16 4,001,468 68,025 3,933,443 824,005 56.411 800,294 5,343,057 2,252,735 16,202,425 40 2016/ 17 4,360.725 74,132 4,286,592 943,515 57,927 872,145 6.215,202 2.413.005 18,615,430 41 20171 IS 4,735.394 80,502 4,654,693 1,068,191 59,507 947,079 7,162,281 2,580,115 21,195,546 42 2018119 5,126,024 87,14E 5,038,882 1,198,218 61,150 1,025.205 8,187,486 2,754.310 23,949,855 43 2019/ 20 5,533,178 94,064 5,439,114 1.333,784 62,854 1,106,636 9,294,122 2,935,840 26,885,695 44 2020/ 21 5,667,778 96,352 5,571.426 1,475.085 64,669 1,133,556 10.427,677 2,898,116 29,783,812 45 2021/ 22 5,811,395 98,794 5,712,601 1,523,727 66.537 1,162,279 11,589,956 2,960,058 32,743,870 46 20221 23 5,958,602 101,296 5,857,306 1,573,586 68,460 1,191,720 12,781,677 3,023,540 35,767,410 47 2023/ 24 6,109.490 103,861 6,005,628 1,624,690 70,441 1,221,898 14,003,575 3,088.599 38,856,008 48 2024/ 25 6,264,149 106,491 6,157,659 1,677,073 72,482 1,252,830 15,256,405 3,155,275 42.011,283 49 20Z5/ 26 6,422,676 109,185 6,313,490d829 64 74,583 1,284,535 16,540,940 3,223,607 45 _34,890 50 2026127 6,585,165 111,948 6,473,21799 76,748 1,317,033 17,857,973 3:293:638 48,528,528 51 2027128 6,751,716 114,779 6,636.93709 78,977 1,350,343 19,208,316 3,365,409 SI,893,937 52 20281 29 6:922:432 117:681 6,804,750029 81,27E 1:384:486 20,592,80E 3,438,963 55,332,900 53 2029 30 0 0 00 0 0 20 59Z 802 0 55 332 900 TOTAL 102,964,011 1,750,388 101,213,62370 10,000 1,448,75E 20,592,80E 55,33Z 900 .. - Cumulative To: 2014115 22,713,819 386.135 22,327,684496 10,000 496,734 4542764 13,949690 To: 2024125 76,282.023 1,296.794 74.985,228369 10,000 1,137,172 15256405 42,011283 To: 2029 30 102,964,011 1 750 388 101 MAD170 - 000 1 448 752 20 592 802 55 332 900 'Based an revenues from Basic Tax Increment (1.0%), exclusive of bond overrides. ' PCDC's total ERAF payments for FY 2005/06 was $904,053 according to the Sonoma County Auditor's Office. Assumptions: County Admin Fee as a % of Incremental Tax Revenues: 1.7% Pass -Through Payments and Housing Set -Aside are calculated based on Incremental Tax Revenues. Agency Administration Annual Increase: 3% TI for Housing Programs as a % of Incremental Tax Revenues: 20% Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Appendix Table D-2B Tax Increment Projections Petaluma Plan Amendments & Fiscal Merger - CBD Original Area (In Present Value or Constant 2005/06 Dollars) County Distribution of Basic Incremental Taxes AEcncv Obli ations Net Tax Increment Net Tax Increment (1) (2) (3) (4) (5) (6) Available for Available for Incremental County Net Taxes Pass- State Agency Hrmsin2 Pro rams N.n-H.using Pro'ects (6) (7) (8) (9) Year Fiscal Tax Admin Remitted Through ERAF Admin (N) Year Revenues' Fee to Aue.ev Payments Pa men[' Expenses Annual Cumulative Annual Cumulative 1976/ 77 28 2004/ 05 29 2005/ 06 894,368 15,204 879,163 66,486 10.000 47,185 178,874 178,874 576,619 576,619 30 2006/ 07 1,208,942 20,552 1,188,390 105,289 0 43,2Z1 241,788 420,662 798,09Z 1,374,710 31 20071 08 1,380,994 23.477 1,357,517 141,765 0 41,713 276,199 196,161 897,840 2,272.551 32 2008/ 09 1,541,871 26,Z12 1,515,659 179,734 0 40,383 308,374 1,005,235 987,168 3,259,718 33 2009/ 10 1,692.443 28,772 1,663,672 215,370 0 39,176 338,489 I,343,724 1,070,636 4,330,354 34 2010/ 11 1.833,168 31,164 1,802004 148,779 0 38.059 366,634 1,710,357 1,148,533 5,478,888 35 2011/ 12 1,964,487 33,396 1,931:, 280,059 0 37,011 392,897 2,103,255 1,221,123 6,700,011 36 20121 13 2,069,855 35,188 2,034.66811 340,090 0 35,928 413,971 2,517,226 1,244,679 7,944,690 37 2013/ 14 2,167,933 36,855 2,131,079 190,814 0 34,910 433,587 2,950,812 1,271,768 9,216,458 38 2014/ 15 2,258,730 38,398 Z,ZZ0,332 438,197 0 33,944 451,746 3,402,558 1,296,444 10,512,902 39 2015116 2,342,582 39.824 2:312:758 411:397 0 33.025 468,516 3,871,075 1,318,820 11,831,721 40 2016/ 17 2,419,812 41,137 237fl 75 '23 566 0 32,144 483,962 4,355,037 1,339,002 13,170,723 41 2017/ 18 2,490,730 42,342 2,448,388 561,849 0 31,300 498,146 4,853,183 1,357,093 14.527,816 42 ZOIS/ 19 2,555,634 43,446 2,512,188 597,384 0 30,g87 511,127 5,364,310 1,373,190 15,901,007 43 2019/ 20 2,614,810 44,452 2,570,359 630,305 0 29,703 522,962 5,887,272 1,387,388 17,288,395 44 20201 21 2,538.785 43.159 2,495.626 660,739 0 28,967 507.757 6,395,029 1,298,162 18,586,557 45 2021/ 22 2,467,408 41,946 2,425,462 646,946 0 28,250 493,482 6,888,511 1,256,785 19,843,342 46 2022123 2,398,019 40,766 2.357,252 633,284 0 27,552 479,604 7,368.115 1,216,813 21,060,155 47 2023/ 24 2,330,562 39,620 2,290,942 619,764 0 26,871 466,112 7,834,227 1,178,195 22,238,350 48 2024125 2,264,985 38.505 2,226,480 606.394 0 26,208 452,997 8.287,224 1,140,881 23,379,231 49 2025/ 26 2,201,237 37,421 2,163,816 593,183 0 25,562 440,247 8,727471 1,104,824 24.484,055 50 2026/ 27 2,139,267 36,368 2.102,899 580,137 0 24,932 427,853 9,155:325 1,069,976 25,554,031 51 2027/ 28 2,079,027 35,343 2.043,683 567,263 0 24,319 415,805 9,571,130 1,036,296 26,590,327 52 2028129 2,020,469 34,348 1,986,121 554,567 0 23,721 404.094 9.975,224 1,003,739 27,594,066 53 2029 30 0 0 0 0 0 0 0 9,975,224 0 27 594 06fi TOTAL 49,876,119 847,894 49,026,225 10,664,365 10,000 784,570 9,975224 27,594066 Cumulative To: 2014/ 15 17,OR,792 289,217 16,723,575 2,406,585 10,000 391,530 3,402558 ,.--' 10,512902..': To: 2024/ 25 41,436,120 704,414 40.731,706 8,369,215 10,000 686,036 8,257 22q 23,379 231 To: 2029 30 49,876,119 847,894 49,028,225 10,664,365 10 000 784 570 9 9b 22q[ 27 ' Based an revenues from Basic Tax Increment (1.0%), exclusive of bond overrides. ' PCDC's taml ERAF payments for FY 2005106 was $904,053 according to the Smo mo County Auditor's Office. Assumptions: Present value discounted to FY 2005/06 at 5.5% Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Appendix Table D-3A Tax Revenues Petaluma Plan Amendments & Fiscal Merger - CBD Original Area (In Future Value or Nominal Dollars) First & Second Payments to Agency Supplemental Pa ments Total Basic Tax Revenues (1) (2) (3) (4) (5) (6) (7) (8) (9) Secured, Increase First & Supplemental Supplemental First & Supplemental Unitary Incremental Year Fiscal State Board, in AV Second Secured Secured Second Secured Payments Tax (N) Year Unsecured AV Over Base Pa menu Assessments Pa ments Pa menu Pa menu Revenues 1976/ 77 18.832,170 28 2004/ 05 0 29 2005/ 06 101.667,384 82,835,214 628,352 20,459,328 52,608 828,352 52,608 13,407 894,368 30 2006/ 07 123,964,024 105,131,854 1,051,319 21,070,811 210,708 1,051,319 210,708 13,407 1,275,434 31 2007/ 08 147,318,080 I28,485,910 1,284,859 23,881,450 238,814 1,284,859 238,814 13.407 1,537,081 32 2008/ 09 173,949,856 155,117,686 1,551,177 24,594,455 245,945 1,551,177 245,945 13,407 1,810,529 33 2009/ 10 201,827,273 182,995,103 1,829,951 25,328,185 253,282 1,829,951 753.282 13,407 2,096,640 34 20I0/ 11 230,995,968 212,163,798 2,121,638 26,083,230 260,832 2,121,638 260,832 13,407 2,395,878 35 2011/ 12 261,503,OB2 242,670,912 2,426,709 26.860,197 268,602 2,426,709 268,602 I3,407 2,708,71E 36 2012/ 13 293,397,305 274,565,135 2,745.651 25,191,693 251,917 2,745,651 251,917 13,407 3,010,976 37 2013/ 14 324,260,908 305,426,738 3,054,287 25,940,354 259,404 3,054,287 259,404 13,407 3,327,098 38 2014/ 15 356,490,444 337,658,274 3,376,583 26,710,703 267,107 3,376,583 267,107 13,407 3,657,097 39 2015/ 16 390.134,920 371.302,750 3,713,028 27,503,357 275,034 3.713.028 275,034 13,407 4,001,468 40 2016/ 17 425.244,939 406,412,769 4,064,128 2B,318,949 283,189 4,064,128 283,189 13,407 4,360,725 41 2017/ 18 461,872,752 443,040,582 4,430,406 29,158,131 291,581 4,430,406 291,581 13,407 4,735,394 42 2018/ 19 500,07Z,302 481,240,132 4.812,401 30,021,573 300,216 4,812,401 300,216 13,407 5,126,024 43 2019/ 20 539,899,286 521,067,116 5,210,671 30,909,964 309,100 5,210,671 309,100 I3,407 5.533,178 44 2020/ 21 581,411,200 562,579,030 5,625,790 2.858.047 28,580 5,625,790 28,580 13,407 5,667,778 45 2021/ 22 595,701,435 576.869,265 5,768,693 2,929,498 29,295 5.768,693 29,295 13.407 5,811,395 46 2022/ 23 610.348,927 591,516,757 5,915,168 3,002,736 30,027 5,915,168 30,027 13,407 5,958,602 47 2023/ 24 625,362,605 606,530,435 6,065,304 3,077,804 30,778 6,065,304 30,778 13,407 6,109,490 48 2024/ 25 640,751,626 621,919,456 6,219,195 3,154,749 31,547 6,219,195 31,547 13,407 6,264,149 49 2025/ 26 656,525,372 637,693,202 6,376,932 3,233,618 32,336 6,376,932 32,336 13,407 6,422,676 50 2026/ 27 672,693.462 653,861.292 6,538,613 3.314,458 33,145 6,538,613 33,145 13,407 6,585,165 51 2027/ 28 689265753 670433583 6704336 3,397,320 33,973 6,704,336 33,973 I3,407 6,751,716 52 2028/ 29 706:252:353 687:420:183 6:874:202 3,482,253 34,823 6,874,202 34,823 13,407 6,922,432 53 2029 30 723,663,617 704,831,447 0 3 569 309 0 0 0 0 0 TOTAL 98,589,3921 4,052,544 98,589,392 4,052,8441 321,776 102,964,011 Cumulative To: 2014/ 15 p.. 10,270,526 2,309,219 20,270,526 2,309.219 134,073 22,713,819 To: 2024/ 25 72,095,309 _.,. 3,918.567 72,095,309 3,918.567 268,147 76,282,023 To: 2029 30'. =�i :! SEE 392 .......;. 4,052,844 98,589,397 4 052 844 321.77 102 964 011 Notes: First & Second Payments are based on the 1% basic tax rate applied to the Increase in AV Over Base. Supplemental Secured Assessments include reassessed property and new development. Supplemental Secured Payments are based on the I% basic tax rote applied to the Supplemental Secured Assessments. Unitary payments are estimated to escalate at an annual rnte of: 0% Petaluma Cammunity Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Appendix Table D-3B Growth in Assessed Value Petaluma Plan Amendments St Fiscal Merger - CBD Original Area (In Future Value or Nominal Dollars) Growth in Secured Assessed Value 11 Total Secure) State Board and Unsecured AV (1) (2) (3) (4) Growth Rates (7) (8) (9) (10) (5) (6) Secured Inflationary Reassessed New Secured State Unsecured Secured, Year Fiscal AV Adjustments Property Development Annual Average AV Board AV State Board, (N) Year Assessments Assessments Annual Unsecured AV 1976/ 77 28 2004/ 05 29 2005/ 06 91,865,600 1,837,312 459,3ZB 20,000.000 91,865,600 0 9,801,784 101,667,384 30 2006/ 07 114,162,240 2,283,245 570.811 20,500,000 24.2796 24.277E 114.162,240 0 9,801,784 123,964,024 31 2007/ 08 137,516,296 2,750,326 687,581 23,193,868 20.4696 22.35% 137,516,296 0 9,801,784 147,318,080 32 2008/09 164,148,072 3,28Z,961 820,740 23,773,715 19.3796 21,35% 164,148,072 0 9,801,784 173,949,856 33 20091 10 192,025,489 3,840,510 960,127 24,368,058 16.9896 20.24% 192.025,489 0 9,801,784 201,827,273 34 2010111 221,194,184 4,423,884 1,105,971 24,977,259 15.1976 19.21 % 221,194,184 0 9,801,784 230,995,968 35 2011/ IZ 251,701,298 5,034,026 1,258,506 25,fi01,691 13J9% 18.29% 251,701,298 0 9,801,784 261,503,08E 36 201 Z/ 13 283,595,521 5,671,910 1,417,978 23,773,715 12.67a,L I7.477L 283,595,SE1 0 9,001,784 293,397,305 37 2013/ 14 314,459,124 6,289,182 1,572,296 24,368,058 10.8896 16,63% 314,459,124 0 9,801,784 324,260,908 38 2014/ 15 346,688,660 6,933,773 1,733,443 24,977 =59 10.25% 15.9076 346,686,660 0 9,801,784 356,490,444 39 2015/ 16 380,333,136 7,606,663 1,901,666 25,601,691 9.7096 15.27 % 380,333,136 0 9,801,784 390,134,920 40 2016/ 17 415,443,155 8,308,863 2,077,216 26,241,733 9.23% 14.7096 415,443,155 0 9,801,784 425,744939 41 2017/ 18 452.070,968 9,041,419 2,260,355 26,897,776 8.8296 14.20% 452,070,968 0 9.801,784 461,872,752 42 2018/ 19 490,270,518 9,805,410 2,451,353 27,570,221 8.45% 13.75% 490,270,518 0 9,801.784 500,072,302 43 2019120 530,097,502 10,601,950 2,650,488 28,Z59,476 6.12% 1334% 530,097,50E 0 9,801,784 539,899,286 44 2020/ Zl 571,609,416 11,432,188 2,858.047 0 7.83% 12.96% 571,609.416 0 9.801,784 581,411,200 45 2021122 595,899,651 11,717,993 2,929,498 0 2.50% 12.28% 585,899,651 0 9,801,784 595,701,435 46 2022/ 23 600,547,143 12,010,943 3,OOZ,736 0 2.50% 11.6876 600,547,143 0 9,801,784 610,348,927 47 2023124 615,560,821 12,311.216 3,077.804 0 2.50% II.15% 615,560,821 0 9,801,784 625,362,605 48 20241 25 630,949,842 12,618,997 3,154,749 0 2.5096 10.6Tfo 630,949.842 0 9,801.784 640,751,626 49 2025/ 26 646.723,588 12.934,472 3,233,618 0 2.50% 10,25% 646,723,588 0 9,801,784 65652537E 50 20E6/ 27 662,891,678 13,257,834 3,314.458 0 2.50% 9.8776 66Z,891,678 0 9,801:784 672:693:462 51 2027128 679,463,969 13,589,279 3,397,320 0 2.50% 9.52% 679,463,969 0 9.801,784 689,265,753 52 2028/ E9 696.450,569 13.929,011 3,482,253 0 2.50'% 9.21 % 696,450,569 0 9,801,784 706,252.353 53 20291 30 713.861.833 14 277 Z37 3,569.309 0 N/A N/A 713,861,833 0 9 801 784 723,663,617 TOTAL''' ...,,,..: 370,104,522 '- Cumulative To 2014/ 15 .; ! 235,533,624 To 20241 25 r 370,104,52E Ni To 2029 30 ff 104,5221 - Assumptions: Annual Inflationary Adjustment. 2% of Secured AV State Board Annual Increase: 0% Reassessed Property Assessments: 0.5% of Secured AV Unsecured AV Annual Increase. 09% New Developpment Assumptions: $20 million in constant FY 2005106 dollars per year from FY 2005/06 to FY 2019/20 Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Appendix Table D4A Pass -Through Payments to Affected Taxing Entities Unadjusted Levies Petaluma Plan Amendments 8t Fiscal Merger - CBD Original Area (In Future Value or Nominal Dollars) (1) (2) (3) (4) (5) (6) (7) (8) City County County So. Co. Water Spring Lake Zone 2A Maria Bay Area General General Library Agency Park Petaluma Sonoma Air Quality Fund"I General SCWA Basin Moo. Mgmt. Dist. Year Fiscal Abatement (N) Year Lew: 16.44% Levy: 27.85% Levy: 1.86% Levy: 0.75% Levy: 0.24% Levy: 1.58% Levy: 0.24% Levy: 0.19% 1976/ 77 29 2005/ 06 10,928 18,517 1,240 499 161 1,049 161 124 30 2006/ 07 18,257 30,936 2.071 831 269 1,752 269 207 31 2007/08 25,934 43,945 2,942 1,185 382 2,489 382 294 32 2008/ 09 34,688 58,779 3,936 1,58, 511 3,329 511 393 33 2009/ 10 43.852 74,307 4,975 2,003 646 4,209 647 496 34 2010/It 53,441 90,554 6,063 2,441 788 5,129 788 605 35 20111 12 63,469 107,547 7,201 2,899 935 6,091 936 719 36 20121 13 73,953 140,235 9,390 3,781 1,220 7,943 1,220 937 37 20131 14 84,099 171,867 11,508 4,633 1,495 9,734 1,496 1,148 38 2014/ 15 94,693 204,899 13,719 5,524 1,782 11,605 1,783 1,369 39 20151 16 105,753 239,381 16,028 6,453 2.082 13,558 2,083 1,599 40 2016/ 17 117,291 275,365 18,438 7,423 2,395 15,596 2,396 1,840 41 20171 l8 129,334 312,905 20,951 8,435 2,721 17,723 2,723 2,091 42 2018/ 19 141,891 352,056 23,572 9,491 3,062 19,940 3,063 2,352 43 2019/ 20 154,983 392,874 26,306 10,591 3,417 22,252 3,419 2,625 44 2020/ 21 168,629 435,420 29,154 11,738 3.787 24,662 3,789 2,909 45 2021/22 173,327 450,066 30,135 12,133 3,914 25,491 3,916 3,007 46 2022/ 23 178,141 465,078 31,140 12,538 4,045 26,341 4,047 3,107 47 2023/ 24 183,077 480,466 32,170 12,953 4,179 27,213 4,181 3,210 48 2024/ 25 188,135 496,238 33,226 13,378 4,316 28,106 4,318 3,316 49 2025/ 26 193,321 512,401 34,309 13,814 4,456 29,022 4,459 3,424 50 2026/ 27 198,635 528,975 35,418 14,260 4,601 29,960 4,603 3,534 51 2027/ 28 204,083 545.960 36,556 14,718 4,748 30,922 4,751 3,648 52 2028129 209,667 563,369 37,721 15,188 4,900 31,908 4,902 3,7fi4 53 2029 30 0 0 0 0 0 0 0 0 TOTAL 2.849.5851 6 992 144 468,170 188,497 60,812 396025 60.843 46.717 Cumulative To: 2014/ 15 503,314 941,586 63,045 25,384 8,189 53,330 8,193 6,291 To: 2024125 2,043,879 4.841,435 324,166 130,517 42,107 274,212 42,128 32,347 Ta: 2029130 2,849,585 6,992,144 468,170 188,497 60,812 396,025 60,843 46,717 ]A] The City's pmsthmugh is based only on the first tier of the AB1290 pass -through. Its shares of the second and third tiers are remind by the Agency. Petaluma Community Development Commission Report to Council Petaluma Plan Amendmems and Fiscal Merger June 2006 Appendix Table D4B Pass -Through Payments to Affected Taxing Entities Unadjusted Levies Fee luma Plan Amendments & Fiscal Merger -CBD Original Area (In Future Value or Nominal Dollars) (9) (10) (I1) (12) (13) (14) (15) Petaluma Petaluma Sonoma Co. School Petaluma Schools Total City City joint Junior Service High-Elem Equalization Pass-Thmughs Elem ][High College Administration AWUF Aid Year Fiscal (N) Year Levy: 14.54% Levy: 17.70% Lev : 5.26% Levy: 1.93% Levy: 11.11% Levy: 0.31% Levy: 100.00% 1976177 29 2005/ 06 9,667 11,766 3,500 1,283 7,384 209 66,486 30 2006/07 16,151 19,658 5,847 2,143 12,337 349 111,080 31 2007108 22,942 27,924 8,305 3,044 17,524 495 157,788 32 2008/ 09 30,686 37,350 11,109 4,072 23,440 662 211,051 33 2009/ 10 38,793 47,217 14,044 5,148 29,632 837 Z66,806 34 2010/ 11 47,Z75 57,542 17,114 6,273 36.111 1,021 325,144 35 2011/ 12 56,146 68,339 20,326 7,450 42,887 1,212 386,158 36 2012/ 13 73,211 89,111 26,504 9.715 55,923 1,580 494,72E 37 2013/ 14 89,725 109,211 32.482 11,906 68,537 1,937 599,778 38 2014/ 15 t06,969 I30,201 38,725 14.194 81,710 2,309 709,483 39 2015/ 16 124,971 152,112 45,242 16,583 95A60 2,698 824,005 40 2016/ 17 143.757 174,978 52,043 19,076 109,810 3,103 943,515 41 2017/ 18 163,355 198,832 59,138 Z1,676 124,780 3,526 1,068,191 42 2018/ 19 183,794 223,710 66,537 24.388 140,393 3,968 1,198 _18 43 2019/ 20 205,104 249,648 74,251 27,Z16 156,670 4.428 1,333,784 44 2020/ 21 227,315 276,683 82,292 30,163 173,636 4,907 1,475,085 45 2021122 234,961 285,990 85,060 31,178 179,477 5,072 1,523,727 46 2022123 242,798 295,529 87,898 32,218 185,464 5,241 1,573,586 47 2023/ 24 250,831 305,307 90,806 33,284 191,600 5,415 1,624,690 48 2024/ 25 259,065 315,329 93,787 34.377 197,889 5,593 1,677,073 49 2025/ 26 267,505 325,602 96,842 35,496 204.336 5,775 1,730,765 50 2026/ 27 276,156 336,131 99,974 36,644 210,944 5,961 1,785,799 51 2027/ 28 285,023 346,9Z4 103,184 37,821 217717 6,153 1,842,209 52 2028/ 29 294,112 357,987 106,474 39,027 224:660 fi,349 1,900,029 53 2029 30 0 0 0 0 0 0 0 TOTAL 3 650 311 4,443,083 1,321,484 484,376 2,788,322 78,801 23,829,170 Cumulative To: 2014115 491,563 598,321 177,955 65,228 375.485 10,612 3,328,496 To 2024/25 2,SZ7.SIi 3,076.439 915,009 335,387 1,930.664 54,562 16,570,369 To: 2029/ 30 3,650,371 4,443,083 1,321,484 484,376 2,788,322 78.801 23.829.170 Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Appendix Table D-4C Pass -Through Payments to Affected Taxing Entities Unadjusted Levies Petaluma Plan Amendments 8r Fiscal Merger - CBD Original Area (In Present Value or Constant 2005/06 Dollars) (U (2) (3) (4) (5) (6) (7) (8) City County County So. Co. Water Spring Lake Zone 2A Morin Bay Area General General Library Agency Park Petaluma Sonoma Air Quality Fund"' General SCWA Basin Mosq. Mgmt. Dist. Year Fiscal Abatement (N) Year Levy: 16.44% Levy: 27.85% Levy: 1.86% Levy: 0.75% Levy: 0.24% Levy: 1.58% Levy: 0.24% Levy: 0.19% 1976/ 77 29 2005/06 10,928 18,517 1,240 499 161 1,049 161 124 30 2006/ 07 17,305 29.323 1,963 791 255 1,661 255 196 31 2007/ 08 23,300 39,482 2,644 1,064 343 2,236 344 264 32 2008/ 09 29,541 50,057 3.352 1,349 435 2,835 436 334 33 2009/ 10 35,398 59,982 4,016 1,617 522 3,397 522 401 34 2010/ 11 40,889 69,286 4,639 1,868 603 3.924 603 463 35 2011/ 12 46,031 77,998 5,222 2,103 678 4,418 679 521 36 2012113 50,838 96,403 6,455 2,599 838 5,460 839 644 37 2013/ 14 54,799 111,988 7,498 3,019 974 6,343 974 748 38 2014/ 15 58,485 126,55Z 8,473 3,412 1,101 7,168 1,101 846 39 2015/ 16 61,911 140,141 9,383 3,778 1,219 7,937 1,219 936 40 2016/ 17 65,088 152,803 10,231 4,119 1,329 8,655 1,330 1,021 41 2017/ 18 68,028 164.582 11,020 4,437 1,431 9,322 1.432 1,I00 42 2018/ 19 70,741 175,521 11,752 4,732 1,527 9,941 1,527 1,173 43 2019/ 20 73,240 185,660 t2,431 5,005 1,615 10,5I6 1,616 1,240 44 2020/ 21 75,535 195,039 13,059 5,258 1,696 11,047 1,697 1.303 45 2021/ 22 73,591 191,089 12,795 5.151 1,662 10,823 1,663 1,277 46 2022/ 23 71,692 187,169 12,532 5,046 1,628 10,601 1,629 1,251 47 2023/ 24 69,838 183,281 12,272 4,941 1,594 10,331 1,595 1,225 48 2024/ 25 68,026 179,429 12,014 4,837 1,561 10,163 1,561 1,199 49 2025/ 26 66,257 175,616 11,759 4,734 1,527 9,947 1,528 1,173 50 2026/ 27 64,529 171.844 11,506 4,633 1,495 9,733 1,495 1,148 51 2027128 62,842 168,115 11,256 4.532 1,462 9,522 1,463 1,123 52 2028/29 61,196 164,432 11,010 4,433 1,430 9,313 1A 1,099 53 2029130 0 0 0 0 0 0 0 0 TOTAL 1,320,028 3,114,311 208 524 83,957 27,0861 176.390 17,0991 20,808 Cumulative To: 2014/ 15 367.515 679,588 45,503 18,321 5,911 38.491 5,913 4,541 To: 2024/ 25 1,065,204 7,434,304 162,993 65.625 21,172 137,876 Z1,18Z 16,264 To: 2029/30 1,320,028 3,114,311 208,524 83,957 27,086 176,390 27,099 20,808 [A] The City's pass -through is based only on the first tier of the AB1290 pass -through. Its shares of the second and third tiers are retained by the Agency. Present value discounted to FY 2005/06 at: 5.5% Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger _ June 2006 Appendix Table D-4D Pass -Through Payments to Affected Taxing Entities Unadjusted Levies Petaluma Plan Amendments 6r Fiscal Merger - CIBD Original Area (In Present Value, 2005/06 Dollars) (9) (10) (II) (12) (13) (14) (15) Petaluma Petaluma Sonoma Co. School Petaluma Schools Total City City Joint]unior Service High -Elam Equaliation Pass -Through. Elam It High College Administration AWUF Aid Year Fiscal (N) Year Levy: 14.54% Levy: 17.70% Lev, 5.26% Levy: 1.93% Levy: 11.11% Levy: 031% Levy: 100.00% 1976177 29 2005/06 9,667 11,766 3,500 1,283 7,384 209 66,486 30 2006/ 07 15,309 18,633 5,542 2,031 11,694 330 105,289 31 2007/ 08 20,612 75,089 7,462 2,735 15,745 445 141,765 32 2008109 26,133 31,808 9,461 3,468 19,962 564 179,734 33 2009/ 10 31,314 38,115 11,336 4,155 23,919 676 215,370 34 20101 11 36,171 44.027 13,095 4,800 27,630 781 24B,779 35 2011/ 12 40,719 49,563 14.741 5,403 31,104 879 280,059 36 2012/ 13 50,328 61,258 18,220 6,678 38,443 1,086 340.090 37 2013/ 14 58,465 71,162 21,165 7.758 44,659 1,262 390,814 38 2014/ 15 66,067 80,416 23,918 8,767 50,466 1,426 438,197 39 2015/ 16 73,162 89,051 26,486 9,70B 55.885 1,579 482,398 40 2016/ 17 79,772 97,097 28,879 10,585 60,935 1.722 523,566 41 2017118 85,922 104,582 31,105 11,401 65,632 1.855 561,849 42 2018/ 19 91,632 111,533 33,173 12,159 69,994 1,978 597,384 43 2019120 96,926 117,976 35,089 12,862 74.038 2,092 630,305 44 2020/ 21 101,822 123,935 36,861 13.511 77,778 2,198 660,739 45 2021/ 22 99,760 121,426 36,115 13,238 76,203 2,154 646,946 46 2022/23 97,713 118,935 35,374 12,966 74,639 2,109 633,284 47 2023124 95,684 116,464 34,639 12,697 73,089 2,066 619,764 48 2024/ 25 93,673 114,016 33,911 12,430 71,553 2,022 606,394 49 2025/ 26 91,682 111,593 33,191 12,166 70,032 1,979 593,183 50 2026/ 27 89,713 109,196 32,478 11,904 68,528 1,937 580,137 51 2027/ 28 87,766 106,827 31,773 11,646 67,041 1,895 567,263 52 2028/ 29 85,843 104,487 31,077 11,391 65,572 1,853 554,567 53 2029130 0 0 0 0 0 0 0 TOTAL 1,625.8541 1,978,956 588,591 215,742 1,241,923 35,0981 10 664 365 Cumulative To: 2014/ 15 354,785 431,837 128.439 47,078 271,006 7,659 1,406,585 To: 2024/ 25 1,270,850 1,546,B53 460,073 168,635 970,750 Z7 434 8,369,215 To: 2029/ 30 1,625,854 1,978,956 588,591 215,742 1,241,923 35,098 10,664,36i Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger lane 2006 Appendix Table E4 Summary of Tax Increment Projections Petaluma Plan Amendments & Fiscal Merger - CBD Added Area Summary of Assumptions Growth Assumptions FY 2005106 Secured Assessed Value: $67,856,371 FY 2005106 State Board Assessed Value: $0 FY 2005/06 Unsecured Assessed Value: $709,511 FY 2005/06 Total Assessed Value: $75,525,886 FY 2005/06 Unitary Payments (Ft.): $0 Annual Inflationary Adjustment:. 2% of Secured AV Reassessed Property Assessments: 0.5% of Secured AV New Developpment Assumptions: $10 million in constant FY 2005106 dollars per year from FY 2005/06 to FY 2019/20 Annual Growth in State Board Assessed Value: 0.0% Annual Growth in Unsecured Assessed Value: 0.0% Annual Growth in Unitary Payments: 0.09E Tax Increment Generation Property Tax Rate: 1.0% County Property Tax Admin Fee: 1.7% Pass -Through Payments and Housing See -Aside are calculated teased on Incremental Tax Revenues. Sponsoring Community City receives pass -through City's Unadjusted Levy Within Project Area: 16.43% Agency Administration Cost Cost in FY 2005/06 $12,645 Annual Increase: 3.0% Present Value Discount Rate Present value discounted to FY 2005/06 at. 5.5% Tax Increment Projections From FY 2005/06 Through End of Project Constant Nominal Dollars* FY 2005/06 Dollars* County Distribution of Basic Incremental Taxes Incremental Tax Revenues $128,000,533 $36,917,387 Less: County Property Tax Admin Fee 2.176,009 627,596 Tax Revenues Remitted to Agency 125,824,524 36,289,791 TI Available to Agency After Obligations Tax Revenues Remitted to Agency 125,824,524 36,289,791 Less: Pass-Throughs to Taxing Entities 38,698,510 10,388,349 Less: State ERAF Payments 0 0 TI Available to Agency After Obligations 87,126,015 25,901,441 Projected Use of TI Funds Agency Administration (Nan-Hsg) 1,625,551 517,359 TI Available for Housing Programs 25,600,107 7,383,477 TI Available for Non -Housing Projects 59,900,357 18,000,605 Total TI Funds Used by Agency 87,126,015 25,901,441 Subtotal, TI for Hoitsing &J Projects 85,500,464 25,384,082 Cumulative TI for Housing Programs 2014/ 15 1,944,125 1,441,562 2024/ 25 7,043,187 3,761,449 2034/ 35 14,126,370 5,668,623 2046/ 47 25,600,107 7,383,477 Cumulative TI for Non -Housing Projects 2014/ 15 5,326,999 3,956,050 2024/ 25 17,902,769 9,698,779 2034/ 35 34,611,884 14,205,677 2046/ 47 59,900,357 18,000,605 Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Appendix Table E-2A Tax Increment Projections Pemluma Plan Amendments & Fiscal Merger - CBD Added Area (In Future Value or Nominal Dollars) County Distribution of Basic Incremental Taxes A tv Obligations Net Tax Increment Net Tax Increment (1) (2) (3) (4) (5) (6) Available for Available for Incremental County Net Taxes Pass- Smte Agency HousingPrograms Non -Housing Pro ects (6) (7) (8) (9) Year Fiscal Tax Admin Remitted Through ERAF Admin (N) Year Revenues' Fee to Agency Payments pronnewe Ex enses Annual Cumulative Annual Cumulative 0 2000/ 01 5 20051 06 268,240 4,560 263,680 53,648 0 12,645 53,648 53,648 143,739 143,739 6 2006/ 07 491,682 8,359 483,323 98,336 17,713 98,336 151,984 268,938 412,677 7 2007/ 08 617,245 10,493 606,751 123,449 20,803 123,449 275,433 339,050 751,728 8 2008/ 09 748,52E 12,725 735.797 149.704 19,708 149,704 425,138 416.680 1,168,408 9 2009/ 10 885,720 15,057 870,663 177,144 20,595 177,144 602,282 495.780 1,664,188 10 2010111 1,029,055 17,494 1,011,561 205,811 21,448 205,811 808,093 578,490 2,242,678 II 2011112 1.178,745 20,039 1,158,707 235,749 22,284 235,749 1,043,842 664,924 2,907.603 IZ 2012/ 13 1,335,021 22,695 1,312,326 288,430 23,245 267,004 1,310.846 733,647 3,641,250 13 2013/ 14 1,498,118 25,468 1,472,650 343,418 24,191 299,624 1,610.470 805,417 4,446,667 14 2014115 1,668,278 28,361 1,639,918 400.795 25,134 333,656 1,944,125 880,332 5,326,999 15 2015116 1,845.754 31,378 1,814,376 460,647 26,080 369,151 2,313,276 958.498 6,285,497 16 2016117 2,030,805 34,524 1,996,281 523,061 27,034 406,161 2,719,437 1,040,026 7,325,523 17 2017/ 18 2,223,698 37,803 2,185,895 588,127 27,998 444.740 3.164,177 1,125,030 8.450,553 18 2018/ 19 2A24,709 41,220 2,383,489 655,940 28,976 484,942 3.649,118 1,213,631 9,664.184 19 2019/ 20 2,634,126 44,780 2.589,346 726,597 29,972 526,825 4,175.944 1.305,952 10,970,136 20 2020121 2,707,411 46,026 2,661,385 771.230 30,941 541,482 4,717,426 1.317,732 12,287,868 21 2021/ 22 2,785,354 47.351 2,738,003 797.707 31,940 557,071 5,274,497 1,351,285 13.639.153 22 2022/ 23 2,865,246 48.709 2,816,537 824,846 32,970 573.049 5,847,546 1,385.672 15.024,825 23 2023/ 24 2,947,135 50,101 2,897,034 852,663 34,030 589,427 6,436,973 1,420,914 16,445,739 24 2024/ 25 3,031.072 51,528 2.979,544 881,176 35,123 606,214 7.043,187 1,457.031 17,902,769 25 2025126 3,117,107 52,991 3,064,116 910,402 36.248 623,421 7,666,609 1,494,045 19,396,814 26 2026/ 27 3,205,Z93 54.490 3,150,803 940,358 37,408 641,059 8,307,667 1,531,979 20,928,793 27 2027/ 28 3,295,683 56,027 3,239,656 971,063 38,602 659,137 8,966,804 1,570,855 22,499,647 28 2028/ 29 3,388,333 57,602 3,330,731 1,002,536 39,832 677,667 9,644,470 1,610,697 24,110,344 29 2029/ 30 3,483,300 59,216 3,424,083 1,034,796 41,027 696,660 10,341,130 1.651,601 25,761.945 30 2030131 3.580.640 60,871 3,519,769 1,067,862 42,258 716,128 11,057,258 1,693.521 27,455,466 31 2031/ 32 3,680,414 62,567 3,617.847 1,101,754 43,526 736,083 11,793,341 1,736.484 29,191,950 32 20321 33 3,782,683 64.306 3,718,377 1,146,019 44.832 756,537 12,549,878 1,770,990 30,962,940 33 2033/ 34 3,887,508 66,088 3,821,420 1,191,390 46,177 777,502 13,327,379 1.806,352 32,769,292 34 2034/ 35 3.994,954 67,914 3,927,039 1,237,895 47,562 798,991 14,126,370 1.842,592 34,611,884 35 2035/ 36 4,105.086 69,786 4,035,299 1,285,563 48,989 821,017 14,947,387 1.879,730 36.491.614 36 2036137 4,217,971 71,706 4,146,265 1,334,423 50,458 843,594 15.790,981 1,917.790 38,409.405 37 2037/ 38 4,333,678 73,673 4,260,006 1,384,504 51.972 866,736 16,657,717 1,956,794 40,366,199 38 2038/ 39 4,452,278 75,689 4,376,589 1,435,837 53,531 890,456 17,548,173 1,996,766 42,362,964 39 2039/ 40 4.573,843 77,755 4,496,088 1,488,453 55,137 914,769 18,462,941 2,037,729 44,400,693 40 2040/ 41 4,699.447 79,874 4,618.574 1,542,385 56,791 939,689 19,402,631 2.079,708 46,480,401 41 2041142 4,826,167 82,045 4,744,122 1,597,665 58,495 965.233 20,367,864 2,122,728 48,603,129 42 2042143 4,957,079 84.270 4,872,809 1.654.327 60,250 991.416 21,359,280 2.166.815 50.769,945 43 2043/ 44 5,091,264 86,551 5.004,712 1,712,406 6 -057 1,018,253 22,377,533 2,211,996 52,981,941 44 2044/ 45 5,228,804 88,890 5.139,914 1,771,937 63,919 1,045,7fi1 23,423,293 2:258:297 55:240,238 45 2045/ 46 5,369,78E 91,286 5,278,49fi 1,832,956 65,837 1,073,956 24,497,250 2,305,747 57,545,985 46 2046 47 5514,284 93.7431 5 420 542 1,895,500 67.812 1,10E 857 25 fi00 107 2 354 373 59 900 357 TOTAL 128,000533 2,176,009:34,617,266 824,524 38,698,510 0 1,625,551 25 600,107 ! 59,900 357 Cumulative To: 2014/ 15 9,720.676 165,251,5553376 2,076,486 0 207,766 1944125 5,32fi 999 To: 2024/25 35,215,937 598,671 9,158,479 0 512,830 7043187To: 2034135 70,631,851 1.200,741,431,109 19.762.554 0 930,301 14 12fi 370To: 2046 47 128 000 533 2 17fi 009 824 524 38 698 510 0 1 625.551 25,600,107 59 900 3�7 Based on revenues from Basic Tax Increment (1.0%), exclusive of bond overrides. ' PCDC's rural ERAF payments for FY 2005/06 was $904,053 according to the Sonoma County Auditor's Office. Assumptions: County Admin Fee as a %of Incremenml Tax Revenues: 1.7% Puss -Through Payments and Housing SeuAside are calculated based on Incremental Tax Revenues. Agency Administration Annual Increase: 3% TI for Housing Programs as a % of Incremental Tax Revenues: 20% Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June2006 Appendix Table E-211 Tax Increment Projections Petaluma Plan Amendments & Fiscal Merger - CBD Added Area (In Present Value or Constant 2005/06 Dollars) County Distribution of Basic Incremental Taxes A enc Obli ations Net Tax Increment Net Tax Increment (1) (2) (3) (4) (5) (6) Available for Available for Year Fiscal Incremental Tax County Admit, Net Taxes Remitted Pass• Through State ERAF Agency Admin Housin rectums Non-HousinV Pra'ects (6) (7) (8) (9) (N) Year Revenues' Fee to Agency Pa menu Pa come Ex enses Annual Cumulativc Annual Cumulative 0 2000101 5 2005/ 06 268,240 4,560 263,680 53,648 0 12,645 53,648 53,648 143,739 143.739 6 2006/ 07 466,049 7,923 458,126 93,210 0 16,789 93,210 146,858 254.917 398,657 7 2007/ 08 554,565 9,428 545,137 110,913 0 18,691 110,913 257,771 304,620 703,277 8 20081 09 637,451 10,837 626,615 127,490 0 16,783 127,490 385,261 354,851 1,058,128 9 2009/ 10 714,968 12,154 702.814 142,994 0 16,625 142,994 528,255 400,202 1,458,330 10 2010111 787,365 13,385 773,980 157,473 0 16,411 157,473 685,728 442,623 1,900,953 11 2011/ 12 854,880 14,533 840.347 170,976 0 16,161 170,976 856,704 482,234 2,383,186 12 20t2/ 13 917,743 15,602 902,141 198,278 0 15,979 183,549 1,040,252 504,336 7,887.522 13 2013/ 14 976,172 16,595 959,577 223,771 0 15,763 195,234 1,235,487 524,809 3,412.331 14 2014/ 15 1,030,378 17,516 1,012,861 247,543 0 15,524 206,076 1,441,562 543,719 3,956,050 15 2015/ 16 1,080,561 18,370 1,062,191 269.677 0 15,268 216,112 1,657,674 561,134 4,517,184 16 2016117 1,126,915 19,158 1,107,757 290,252 0 15,001 225,383 1,883,057 577,121 5,094,306 17 2017/ 18 1,169,624 19,884 1,149,740 309,344 0 14,726 233,925 2,116,982 591.745 5,686,051 18 2018/ 19 1,208,865 20,551 1,188.314 327,026 0 14,447 241,773 2.358,755 605,069 6,291,119 19 2019/ 20 1,244,807 21,162 1,223,645 343,367 0 14,164 248,961 2.607,717 617,153 6,908,272 20 2020/ 21 1,212,739 20,617 1,192,122 345,459 0 13,859 242.548 2,850,264 590,256 7,498,528 21 20Z1/ 22 1,182,609 20,104 1,162,504 338,691 0 13,561 236,522 3,086,786 573,730 8,072,258 22 2022/ 23 1,153,108 19,603 1,133,506 331,956 0 13,269 230,622 3,317,408 557,659 8,629,917 23 2023/ 24 1,124,232 19,112 1,105,120 325,262 0 12,981 224,846 3,542,254 542,030 9.171,947 24 2024/ 25 1,095,972 18.632 1.077.341 318,615 0 12,700 219,194 3,761,449 526,832 9,698,779 25 2025/ 26 1,068,323 18,161 1,050,161 31Z,021 0 12,4Z3 213,665 3,975,113 512,052 10,210,831 26 2026/ 27 1,041,276 17,702 1,023,575 305,486 0 12,152 208,255 4,183,368 497,681 10,708,512 27 2027/ 28 1,014,825 17,252 997,573 299,015 0 11,887 202,965 4,386,333 483.706 11,192,219 28 2028/ 29 988,962 16,812 972,149 292,613 0 11,626 197,792 4,584,126 470.118 11,662,337 29 2029130 963,678 16,383 947,295 286,283 0 11,350 192,736 4,776.861 456,926 12,119,263 30 20301 31 938,965 15,962 923,002 280,029 0 11,081 187,793 4,964,654 444,098 12,563,362 31 2031/ 32 914,814 15.552 899.262 273,855 0 10,819 182,963 5,147,617 431,625 12.994.987 32 2032/ 33 891,217 15,151 876,066 270,007 0 10,563 178,243 5,325,860 417,253 13,412,240 33 2033/ 34 868,165 14,759 853,406 266,063 0 10,312 173,633 5,499,494 403,398 13,815,638 34 2034/ 35 845,650 14,376 831,273 262,037 0 10,068 169,130 5,668,623 390,039 14,205,677 35 2035/ 36 823,661 14,002 809,659 257,941 0 9.829 164,732 5,833,356 377.157 14,582,833 36 2036/ 37 802,190 13,637 788,553 253,786 0 9.596 160,438 5.993,794 364,733 14947,566 37 2037/ 38 791,228 13,291 767,947 249.583 0 9,369 156,246 6,150,039 352.750 15,300,316 38 2038139 760,766 12,933 747,833 245,343 0 9,147 152,153 6,302,192 341,190 15,641,505 39 2039/ 40 740,794 12,594 728,201 241,075 0 8,930 148,159 6,450,351 330,037 15.971,542 40 20401 41 721,304 12,262 709,042 236,786 0 8,719 144,261 6,594,612 319,276 16,190,818 41 2041/ 42 702,286 11,939 690,347 232,486 0 8,512 140,457 6,735,069 308,891 16,599,710 42 2042/ 43 683.730 11,623 672,107 228,182 0 8,310 136,746 6,871,815 298,869 16,898,579 43 2043/ 44 665,629 11,316 654,313 223,879 0 8,113 133,126 7004941 289195 17187774 44 Z044145 647,972 11,016 636,957 219,585 0 7,921 I29,594 7:134:536 279:856 17:467:630 45 2045/ 46 630,751 1 620,029 215,305 0 7,733 12fi,150 7,260,686 270,8g0 17,738,470 46 2046 47 613,9581 100,723 437 603,520 21 L 044 0 7,550 122 792 7 383 477 262.135 18 ODO 605 TOTAL 36,917,387 627,596 36,289,791 10,388,349 0 517,359 7,383477 18,000605 Cumulative To: 2014/ 15 7,207,811 122,533 7,085,279 1,526,295 0 161,371 14415fi2 3,9�6050 To: 2024/ 25 18,807,243 319,723 18,487,520 4.725,945 0 301,347 3 761 449 9.1 779 To: 2034/ 35 28,3431117 481,833 27,861,284 7,573,355 0 413,629 5 666 fi23 .;- ... 14, To: 2046 47 3fi 917 387 627 596 36,289,791 10,388,349 0 517 359 7 383 477 18 000 605 ' Based on revenues from Basic Tax Increment (1.0%), exclusive of bond overrides. ' PCDC's total ERAF payments for FY 2005I06 was $904.053 according to the Sonoma County Auditor's Office. Assumptions: Present value discounted to FY 2005/06 at: 5.596 Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Appendix Table &3A Tax Revenues Pemluma Plan Amendments & Fiscal Merger - CBD Added Area (In Future Value or Nominal Dollars) First & Second Payments to Agency Surmlement.1 Payments Tend Basic Tax Revenues (1) (2) (3) (4) (5) (6) (7) (8) (9) Secured, Increase First & Supplemental Supplemental First & Supplemental Unitary Incremental Year Fiscal State Board, in AV Second Secured Secured Second Secured Payments Tax IN) Year Unsecured AV Over Base Payments Assessments Payments Payments Pa ments Revenues 0 2000/ 01 48,701,S65 5 20051 06 75,525,886 26,824,021 268,240 10,339,282 103,393 268,240 0 0 268,240 6 2006/ 07 87,222,295 38,520,430 385,204 10.647,764 106,476 385,204 106,478 0 491,682 7 2007/ 08 99,461,115 50,759,250 507,592 10,965,208 109,657 507,592 109,652 0 617,245 8 2008109 112,262,155 63,560,290 635,603 11,291,869 112,919 635,603 112,919 0 748,522 9 2009/ 10 125,645.877 76,944,012 769,440 11,628,011 116,280 769.440 116,280 0 885,720 10 2010/ 11 139,633.415 90,931,550 909,315 11,973,902 119.739 909,315 119,739 0 1,029,055 11 2011/ 12 154.246.595 105,544,730 1.055,447 12,329,820 123,298 1,055.447 123,298 0 1,178.745 12 2012113 169,507.956 120.806,091 1,208,061 12,696,050 126,960 1,208,061 126,960 0 1,335,021 13 2013/ 14 185,440,774 136,738,909 1,367,389 13,072,885 130,729 1,367,389 130,729 0 1,498,118 14 2014/ 15 202,069,085 153,367,220 1,533,672 13,460,628 134,606 1,533.672 134,606 0 1,668,278 15 2015/ 16 219,417,704 170,715.839 1,707,158 13,859,586 138,596 1,707,158 138,596 0 1,845.754 16 2016/ 17 237,512,254 188,810,389 1,888,104 14.770,080 142,701 1,888,104 142,701 0 2,030,805 17 2017/ IS 256,379,189 207,677,324 7,076,773 14,692,437 146,924 2,076,773 146,924 0 2,223,698 18 2018119 276,045,819 227,343,954 2,273,440 15,126,992 I51,270 2,273,440 151,270 0 2,424,709 19 2019/ 20 296,540,337 247,838,472 2,478,385 15.574,092 155,741 2,478,385 155,741 0 2,634,126 20 2020121 317,891,846 269,189,981 2,691,900 1,551,112 15,511 2.691,900 15,511 0 2,707,411 21 2021122 325,647,404 276.945,539 2.769,455 1,589,889 15,899 2.769,455 15,899 0 2,785,354 22 2022/ 23 333,596,851 284,894,986 2.848,950 1,629,637 16,296 2.848,950 16,296 0 2,865,246 23 2023/ 24 341,745.035 293,043,170 2,930,432 1.670,378 16,704 2.930.432 16,704 0 2,947,135 24 2024/ 25 350,096,923 301,395,058 3,013,951 1,712,137 17,121 3,013,951 17,121 0 3,031,072 25 2025/ 26 358,657,608 309,955,743 3,099,557 1,754,940 17,549 3,099.557 17,549 0 3,117,107 26 2026/ 27 367,432,310 318,730,445 3,187,304 1,798,814 17,988 3,187.304 17,988 0 3,205,293 27 2027/ 28 376,426,380 3Z7,724,515 3,277.245 1,843,784 18,438 3,277.245 18,438 0 3.295,683 28 2028/ 29 385,645,302 336,943,437 3,369,434 1,889,879 18,899 3,369.434 18,899 0 3,388,333 29 2029/ 30 395,094,696 346,392,831 3,463,9Z8 1,937,126 19,371 3,463,928 19,371 0 3,483,300 30 2030/ 31 404.780.326 356.078,461 3,560,785 1,985,554 19,856 3,560,785 19,856 0 3,580,640 31 2031/ 32 414,708,096 366,006,231 3,660,062 2,035,193 20,352 3,660,062 20,352 0 3,680,414 32 20321 33 424,884.061 376,182,196 3,761,822 2,086,073 20,861 3,761,822 20,861 0 3.782,683 33 2033/ 34 435,314,424 386,612,559 3.866,126 2,138,225 21,382 3,866,126 21,382 0 3,887,508 34 20341 35 446,005,547 397,303,682 3,973,037 2,191,680 21,917 3,973,037 21,917 0 3,994,954 35 2035/ 36 456,963,948 408,262,083 4,082,621 2,246,472 22,465 4.082,621 22,465 0 4,105,086 36 2036137 468.196,309 419,494,444 4,194,944 2,302,634 23,026 4.194,944 23,026 0 4,217,971 37 2037/ 38 479.709,479 431,007,614 4,310,076 2,360,200 23,602 4,310,076 23,602 0 4,333,678 38 2038/ 39 491,510,478 442,808,613 4,428.086 2,419,205 24,192 4,428,086 24.192 0 4,452,278 39 2039/ 40 503.606.502 454,904,637 4,549.046 ZA79,685 24,797 4,549,046 24.797 0 4,573,843 40 2040/ 41 516,004,926 467.303,061 4,673,031 2,541,677 25,417 4,673,031 25,417 0 4,698,447 41 2041/ 42 528,713,312 480.011,447 4.800,114 2,605,219 26,052 4,800,114 26,052 0 4,826,167 42 2042/ 43 541,739,407 493,037,542 4.930,375 2,670,349 26,703 4,930,375 26,703 0 4,957,079 43 2043144 555,091,154 506,389.289 5,063,893 2,737,108 27,371 5,063,893 27,371 0 5091264 44 20441 45 568,776,695 520,074.830 5,Z00,748 2,805,536 28,055 5,200,748 28,055 0 5:228:804 45 2045/ 46 582,804374 534,102,509 5,341,025 2,675,674 28,757 5,341,025 28,757 0 5,369,782 46 2046 47 597 182:746 548,480,881 5,484809 2.947.5661 29.476 5 484 809 29.4761 0 55I4 284 TOTAL 125,596,583 2,507,344 125,596,553 2,403,951 0 128,000,533 Cumulative' :+ To: 20141 15 8,639,965 1,184,054 8.639,965 1,080,661 0 9,720,626 To: 2024/ 25 33,318,512 2,000,818 33,318,512 1,897,425 0 35,215,937 To: 2034135 68,537.813 2.197,430 68,537,813 2,094,037 0 70,631,851 To: 2046 47 125 596 583 2 507 344 125,596583 Z 403 951 0 128,000,533 Notes: First & Second Payments are based on the 1% basic tax rate applied to the Increase in AV Over Base. Supplemental Secured Assessments include reassessed property and new development. Supplemental Secured Payments are based on the 1% basic tax rate applied to the Supplemental Secured Assessments. Unitary payments are estimated to escalate at an annual rate of: 0% Petaluma Community Development Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Appendix Table E313 Growth in Assessed Value Petaluma Plan Amendments 6t Fiscal Merger - CBD Added Area (In Future Value or Nominal Dollars) Growth in Secured Assessed Value Total Secure) State Board and Unsecured AV (1) (2) (3) (4) Growth Rates (7) (8) (9) (10) (5) (6) Secured Inflationary Reassessed New Secured State Unsecured Secured, Year Fiscal AV Adjustments Property Development Annual Average AV Board AV Store Board, N Year Assessments Assessments Annual Unsecured AV 0 2000/ 01 42,029,264 840,585 210,146 0 42.029,264 0 6.672,601 48.701,865 5 2005/ 06 67,856.371 1,357,127 339,282 10,000,000 67.856,371 0 7,669,515 75,525,886 6 2006107 79,552,780 1,591,056 397,764 10,250,000 17.24% 17,24% 79,552,780 0 7,669,515 87,222,295 7 2007108 91,791.600 1,835,832 458,958 10,506,250 15.38% 16.31% 91.791,600 0 7,669,515 99,461,115 8 2008/09 104,592,640 2,091,853 522,963 10,768,906 13.95% 15.51% 104,592,640 0 7,669,515 112,262,155 9 2009/ 10 117,976,362 2,359,527 589,882 11,038,129 12.80% 14.83% 117,976,362 0 7.669,515 125,645,877 10 2010/ 11 131,963,900 2,639,278 659,819 11,314,082 11.86% 14.23% 131,963,900 0 7,669,515 139,633,415 11 2011/ 12 146,577,080 2,931,542 732,885 11,596.934 11.07% 13.7096 146,577,080 0 7.669,515 154,246,595 12 2012113 161,838,441 3,236,769 809,I92 11,886,858 10.41'% 13.22% 161,838,441 0 7,669,515 169,507,956 13 20131 14 177,771,259 3,555,425 888.856 12,184,029 9.8496 12.79% 177,771,259 0 7,669,515 185,440,774 14 2014115 194,399,570 3,887,991 971,998 12,488,630 9.35% 12,41% 194,399,570 0 7,669,515 202,069,085 15 2015/ 16 211,748,189 4.234,964 1,058,741 12,800,845 8.92% 12.05% 211,748,189 0 7,669,515 219,417,704 16 2016/ 17 229,84Z,739 4,596,855 1,149,214 13,120,867 8.55% 11.73% 229,842,739 0 7,669,515 237,512,254 17 2017118 248.709,674 4,974,193 1,243,548 13,448.888 8.21% 11.43% 248,709,674 0 7,669,515 256,379,189 18 2018/ 19 268,376,304 5,367,526 1,341,882 13,785.110 7.91% 11.16'% 268,376,304 0 7,669,515 276,045,819 19 20191 20 288,870,822 5,777,416 1,444,354 14,129,738 7.6496 10.90% 288,870,822 0 7.669,515 296,540.337 20 2020121 310,222,331 6,204.447 1,551,112 0 7.39% 10.66% 310,222,331 0 7,669,515 317,891,846 Zl 2021/ 22 317,977,889 6,359,558 1,589,889 0 2.50% 10.14% 317,977,889 0 7,669,515 325,647.404 22 2022/ 23 325,927,336 6,518,547 1,629,637 0 2.50% 9.67% 325,927,336 0 7,669,515 333,596,851 23 2023124 334,075,520 6,681,510 I,670,378 0 2.50% 9.26% 334,075,520 0 7,669,515 341,745,035 24 2024125 342,427,408 6,848,548 1,712,137 0 2,50% 8.B996 342,427,408 0 7,669,515 350,096,923 25 2025/ 26 350,988,093 7,019,762 1,754940 0 2.50% 8.56% 350,988,093 0 7,669,515 358,657,608 26 2026/ 27 359,762,795 7,195,256 1,798.814 0 2.50% 8.2796 359,762,795 0 7,669,515 367,432,310 27 2027/ 28 368,756,865 7,375,137 1,843,784 0 2.50% 8,00% 368,756,865 0 7.669,515 376,426,380 28 2028129 377,975,787 7,559,516 1.889,879 0 2.50% 7.75% 377,975,787 0 7.669,515 385,645,302 29 2029/ 30 387.425,181 7,748,504 1,937,126 0 2.50% 7.539. 387,425.181 0 7,669,515 395,094,696 30 2030/ 31 397,110,811 7,942,216 1,985,554 0 2.50% 7.3296 397,110,811 0 7,669,515 404,780,326 31 2031132 407,038,581 8,140,772 2,035,193 0 2.50% 7.1396 407,038,581 0 7,669,515 414,708,096 32 2032133 417,214,546 8,344,291 2,086,073 0 2.50% 6.9696 417,214,546 0 7,669,515 424,884,061 33 2033134 427,644,909 8,552,898 2,138,225 0 2.50% 6.80% 427,644,909 0 7,669,515 435,314,424 34 2034/ 35 438,336,032 8,766,721 2,191,680 0 2.50% 6.64% 438,336,032 0 7,669,515 446.005,547 35 2035/ 36 449,294,433 8,985,889 2,246,472 0 2.50% 6.50% 449,294,433 0 7,669,515 456.963,948 36 2036137 460,526,794 9,210,536 2,302,634 0 2.50% 6.37% 460,526.794 0 7.669,515 468,196,309 37 2037138 47Z,039,964 9,440,799 2,360.200 0 2.50% 6.2596 472,039,964 0 7,669,515 479,709,479 38 2038/ 39 483,840,963 9,676,819 2,419,205 0 2.50% 6.1396 483.840.963 0 7,669,515 491,510,478 39 2039140 495,936,987 9,918,740 2,479,685 0 2.50% 6.0296 495,936.987 0 7,669,515 503,606,502 40 2040/ 41 508,335,411 10,1fi6,708 2,541,677 0 2.50% 5.92% 508,335,411 0 7,669,515 516,004,926 41 2041/ 42 521.043,797 10,420,876 2,605,219 0 2.5096 5.83% 521,043,797 0 7,669,515 528,713,312 42 2042143 534,069,892 10,681,398 2,670,349 0 2.50% 5.73% 534,069,892 0 7,669,515 541,739,407 43 2043144 547,421.639 10,948,433 2,737,108 0 2.50% 5.65% 547,421,639 0 7,669,515 555,091,154 44 2044/ 45 561,107,180 11,222,144 2,805,536 0 2.50% 5.5796 561,107,180 0 7,669:515 568,776,695 45 2045/ 46 575,134,859 11,502,697 2,875,674 0 2.50% 5.499. 575,134,859 0 7,669,S15 582,804,374 46 2046 47 589,513,231 11,790,265 2,947,566 0 2.50% 5.4196 589.513.23110 7 669 515 597 18Z 746 TOTAL u . .;.,: 3! :: _, 179,319,267 .. "'- "- a' Cumulative:; :. -' To: 2014/ 15 112,033,SIB ,, To:2024125 it'.:: ';';,;;..; 179,319,267 '" To 2034135 '; 179,319,267 - : „ To. 2046147 179,319,267 ' ti Assumptions: Annual Inflationary Adjustment. 2% of Secured AV State Board Annual Increase. 0% Reassessed Property Assessments: 0.5% of Secured AV Unsecured AV Annual Increase: 0% New Developpment Assumptions: $10 million in constant FY 2005/06 dollars per year from FY 2005/06 to FY 2019/20 Petaluma Community Development Commission Repon to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Appendix Table E,4A Pass -Through Payments to Affected Taxing Entities Unadjusted Levies Petaluma Plan Amendments & Fiscal Merger -CBD Added Area (In Future Value or Nominal Dollars) (1) (2) (3) (4) (5) (6) (7) (8) City County County So Co Spring lake ZONE 2A Mann- Be, Area Air General General Library Water Park SCWA Petaluma Sonoma Quality FundAl Agency Basin Mesa &VCD Mgmt Dist Year Fiscal Geneml N Year Lev : 16.43%, Lev : 27.84% Levy: 1.86% Lev : 0.75% Le,; 0.24% Levy: 1.58% Levy: 0.24% Lev,: 0.19% 5 2005/ 06 8,616 14,938 1,000 403 130 846 130 100 6 20061 07 16,159 27,381 1,833 738 238 1,551 238 183 7 2007/ 08 20,285 34,373 2,302 927 299 1,947 299 230 8 2008/ 09 24,600 41,684 2,791 1,124 363 2,361 363 278 9 2009/ 10 29,109 49,324 3,303 1,330 429 2,794 429 329 10 2010/ It 33,819 57,306 3,837 1,545 498 3,246 499 383 11 2011/ 12 38,739 65,642 4.395 1,770 571 3.718 571 438 12 20121 13 43.875 81,484 5,456 2,197 709 4.615 709 544 13 2013114 49,235 98,020 6,563 2,642 853 5,552 853 655 14 2014115 54,827 115.274 7,719 3,107 1,003 6,529 1,003 770 15 2015/ 16 60,660 133,273 8.924 3,593 1,159 7,549 1,160 890 M 2016117 66,742 152,042 10,101 4,099 1,323 8,612 1,323 1,016 17 2017118 73,081 171,610 11,491 4,626 1,493 9,720 1.493 1,146 18 2018/ 19 79,687 192,004 12,856 5,176 1,670 10,875 1.671 1,283 19 2019/ 20 86,569 213,253 14,279 5,749 1,855 12,079 1,856 1,425 20 2020/ 21 88,978 227,322 15,221 6,128 1,977 12,876 1,978 1,519 21 2021122 91,540 235,290 15,755 6,343 2,047 13.327 2,047 1.572 22 2022123 94,165 243,458 16,302 6,563 2,118 13,789 2,119 1,626 23 2023/ 24 96,856 251,830 16,862 6,789 2,191 14,264 2,191 1,682 24 20241 25 99,615 260,411 17,437 7,020 2,265 14,750 2,266 1,740 25 20251 26 102,442 269,207 18,026 7,257 2,342 15,248 2,343 1,798 26 2026127 105,34I 278,222 18,629 7,500 2,420 15,759 2,421 1,859 27 2027128 108,311 287,463 19,248 7,749 2,500 16,282 2,502 1,920 28 2028/ 29 111,356 296,935 19,882 8,005 2,583 16,818 2,584 1.984 29 2029/ 30 114,477 306.644 20,532 8,266 2,667 17,368 2,668 2.048 30 2030/ 31 117,676 316,595 21,199 8,535 2,754 17,932 2,755 2,115 31 2031/ 32 120,955 326,796 21,882 8,809 2,843 18,510 2,844 2,183 32 2032/ 33 124,316 340,424 22.794 9,177 2,961 19,282 2,962 2.274 33 2033/ 34 127,761 354,394 23,730 9,553 3,083 20,073 3,084 2,367 34 2034/ 35 131,293 368,713 24,688 9,939 3,207 20,884 3,209 2,463 35 2035/ 36 134,912 383,389 25,671 10,335 3,335 21,715 3,336 2,561 36 2036/ 37 138,622 398,433 26,678 10,741 3,466 22,567 3,467 2,662 37 2037/ 38 142,425 413,852 27,711 11,156 3,600 23,441 3,601 2,765 38 20381 39 146.322 429,658 28.769 11,582 3,737 24,336 3,739 2,870 39 20391 40 150,318 445,858 29.854 12,019 3,878 25,253 3,880 2,978 40 2040/ 41 154,413 462.463 30,966 12,467 4,023 26.194 4,024 3,089 41 2041/ 42 158,610 479.454 32,105 12,926 4,171 27,158 4,172 3,203 42 2042/ 43 162,912 496,930 33,274 13,396 4,322 28,146 4,324 3,320 43 2043/ 44 167,322 514.812 34,471 13,878 4,478 29,159 4.480 3,439 44 2044/ 45 171,843 533,141 35,698 14.372 4.637 30,197 4.639 3,561 45 2045/ 46 176,476 551,928 36,956 14,878 4.80I 31,261 4.803 3,687 46 2046 47 181.225 571,185 38.246 15.398 4.968 32,352 4.970 3,816 4dOb,fiBfi 11,492,ii5 7fi9,514 309,803 99.966 650,934 ID0,007 76,770 li 319,464 585,428 39,199 15,78115,092 33,1 i9 5,094 3,911 rTO:TAL 25 1,157,358 2,665,920 178,505 7I,B6fi 23,189 150,998 23,199 17,808 75 2,321,288 5,811,313 389,116 15fi,65fi SOSg9 329,1547 4.206.686 11.492.445 769,514 309,803 99,966 650,934 100,OW 7fi,770 [AI The Chi's pass -through is boned only on the first tier of the ABI290 pass through. In shares of the second and third ram are retained by the Agency. Nodsma Community Development Commission Report to Couneil Petaluma Plan Amendments and Fiscal Merger June 2006 Appendix Table E4B Pass -Through Payments to Affected Taxing Entities Unadjusted Leviers Petaluma Plan Amendments & Fiscal Merger - CRD Added Area (In Future Value or Nomiwl Dollars) (9) (10) (IH (12) (13) (14) (15) (16) Southern So Petaluma City Pemlumu City SO CO JT SCHOOL Petaluma SCHOOLS Total Cn Res. Co. Elem Jt High JUNIOR SERVICE ANVUF EQUAL. Pass-Thmughs (Land Only) Junior ADMIN. AID year Fiseal College N year Levy: 0.02%, Lev v: 14.541% Lev : 17.69% Levy; 5.26% Lev : 1.93% Lw : 11.10% Lev : 0.31% Lee': 100.00% 5 2005/ 06 12 7,798 9,492 2,823 I,035 5,957 168 53,648 6 2006/ 07 22 14,294 17,399 5,175 1,897 10,919 309 98,336 7 2007/ 08 28 17,945 21,842 6,496 2,361 13,707 387 123.449 8 20081 09 34 21,761 26,488 7,878 2,888 16,623 470 I49,704 9 20091 10 40 25,750 31,343 9,322 3,417 19,670 556 177,144 10 2010/ 11 46 29,917 36,415 10,831 3,970 22,853 646 205,811 II 2011/ 12 53 34,269 41,712 12,406 4,547 26,177 740 235.749 12 2012/ 13 66 42,510 51,778 15,400 5,645 32.494 918 288.430 13 2013/ 14 79 51,172 62,Z86 18,525 6,790 39,088 1,105 343.418 14 20141 15 93 60,iB0 73,250 21,786 7,986 45,969 1,299 400.795 15 20151 16 108 69,576 84,687 25,188 9,232 53,147 1,502 460,647 16 2016/ 17 123 79,375 96,614 28,735 10,533 60,631 1,713 523,061 17 20171 lB 139 89,590 109,048 32,433 11,588 68,435 1,934 588,127 IB 2018/ 19 155 100,237 122,007 36,ZBB 13,301 76,567 2,164 655,940 19 2019/ 20 172 111,330 135,509 40,704 14,773 85,041 2,403 726,597 20 2020121 184 118,675 144,449 42,963 15,748 90,651 2,562 771.230 21 2021/ 22 190 122,835 149,513 44,469 16,300 93.829 2,652 797,707 22 2022/ 23 197 127,099 154,703 46,012 16,865 97,086 2,744 824,846 23 2023/ 24 203 131,470 160,023 47,594 17A45 100,425 2,838 852,663 24 2024/ 25 210 135,950 165,475 49,216 18,040 103,847 2,935 881,176 25 2025/ 26 218 140,542 171,064 50,879 18,649 107,354 3.034 910.402 26 20261 27 225 145.248 176,793 52,582 19,274 110,949 3,136 940.358 27 2027/ 28 232 150,073 182,665 54,329 19,914 114.634 3,240 971,063 28 2028/ 29 240 155,017 188,684 56,119 20,570 118.412 3,346 1,002,536 29 2029/ 30 248 160,086 194.854 57,954 21,243 122,283 3,456 1,034,796 30 2030/31 256 165,281 201,177 59,835 21,932 126,252 3,568 1,067,862 31 2031/ 32 264 170,606 207,659 61,763 22,639 I30,319 3,683 1,101,754 32 2032/ 33 275 177,721 216,319 64.338 23,583 135,754 3,837 1,146,019 33 2033/ 34 286 185,014 225,196 66,978 24,551 141.325 3,994 1,191,390 34 2034/ 35 298 192,490 234.294 69,685 25,54E 147,035 4,155 1,237,895 35 2035/ 36 310 200,152 243.621 72,458 26,559 152,888 4,321 1,285,563 36 2036/ 37 322 208,005 253,180 75,302 27,601 158,887 4A90 1,334,423 37 2037/ 38 334 216,055 262,978 78,216 28,670 165,036 4,664 1.384,504 38 2038/ 39 347 224,306 273,021 81,203 29,764 171,339 4.842 1,435,837 39 2039/ 40 360 232,764 283,316 84,265 30,887 177,799 5,025 1,488,453 40 20401 41 374 241,433 293,867 87,403 32,037 184.421 5,212 1,542,385 41 20411 42 387 250,31E 304,683 90,620 33,216 191,208 5,404 1,597,665 42 204Z/ 43 402 259,426 315,769 93,917 34,42,5 198,165 5,600 1,654,327 43 2043/ 44 416 268,762 327,132 97,297 35,663 205,296 5,802 1,712,406 44 2044145 431 278,331 338,779 100,761 36,933 212,606 6,008 1.771,937 45 2045/ 46 446 288,139 350,717 104,311 38,235 220,098 6,220 1,83Z,956 46 2046f 47 462 298.192 362.953 107,951 39,569 227.777 fi 437 1895 500 TOTAL 9,287 5,999.7Z8 7,302,752 2,172.009 796,136 4,582,953 129,5181 38,698,510 Cumulative To: 2014/ 15 473 305,6281 372,004 110,64 55 0,681 23'457 6598 2,076 ,,448769 20241 25 2154 1,391, 1,fi94,Ol1 503,844 H4 ,03STo: 63 301045 9,158 To: 2034135 4,696 3,033,845 3,692,737 1,098,306 402,577 2,317,433 65,493 79,7fi2,554 Ta: 2046/ 47 9,287 5,999,7'a 7.302,75E 1 1,009 796,136 4,SB2,953 129,51E 38,698,510 Petaluma Community Development Commission Report m Council Petaluma Plan Amendments and Fiscal Merger June 2006 Appendix Table E-4C Pass -Through Payments to Affected Taxing Entities Unadjusted Levies Petaluma Plan Amendments & Fiscal Mouser . CBD Added Area (In Protect Value or Constant 2095106 Dollars) (1) (2) (3) (4) (5) (6) (7) (8) City County County So Co Spring lake ZONE 2A Marie- Bay Area Air General General Library Water Park SCWA Petaluma Sanama Quality Food"' Aaency Basin Must, & VCD Maur Dist Year Fiscal General (N) Year Levy: 16. 3% Lev : 27.84% Lcv : 1.86% Levy: 0.75% Lev : 0,24% Levy; 1.58% Lc, : 0.24% Levy: 0.19% 5 2005/ 06 8,816 14,938 1,00D 403 I30 846 130 100 6 2006/ 07 15,317 25,954 1,739 700 226 1,470 226 173 7 2007/ 08 18,226 30,883 2,068 833 269 1,749 269 206 8 2008/ 09 20,950 35,499 2,377 957 309 2,011 3D9 237 9 2009110 23,497 39,815 2,666 1,073 346 2,255 346 266 to 2010/ 11 25,876 43,847 2,936 1,182 381 2,484 382 293 It 2011/ 12 28,095 47,607 3,188 1,283 4l4 2,696 414 318 12 2012/ 13 30,161 56,015 3,751 1,510 487 3,173 487 374 13 2013/ 14 32,082 63,870 4,277 1,722 556 3,618 556 427 14 2014/ 15 33,863 71,197 4,767 1,919 619 4,033 620 476 15 2015/ 16 35,512 78,022 5,224 2,103 679 4.419 679 521 16 2016/ 17 37,036 84,370 5.649 2,274 734 4,779 734 564 17 20171 18 38.439 90.264 6,044 2,433 785 5,113 785 603 18 2018/ 19 39,729 95,726 6.410 2,580 833 5,422 833 639 19 2019/ 20 40,910 100,777 6,748 2,717 877 5,705 877 673 20 20201 21 39,856 101,825 6,818 2,745 886 5,767 886 680 21 2021/ 22 38,866 99,900 6,689 2,693 869 5,658 869 667 22 20221 23 37,896 97,979 6,560 2,641 852 5,550 853 655 23 2023/ 24 36,947 96,064 6,432 2,590 836 5,441 836 64Z 24 2024/ 25 36,019 94,159 6,305 2,538 819 5,333 819 629 25 2025/ 26 35,110 92,265 6,178 2,487 8D3 5,226 803 111 26 2026/ 27 34,221 90,384 6,052 2,436 786 5,119 787 604 27 2027/ 28 33,352 88,517 5,927 2,386 770 5.014 770 591 28 2028/ 29 32,502 86,667 5,803 2,336 754 4,909 754 579 29 2029/ 3D 31,671 84,835 5,680 2,287 738 4.805 738 567 30 2030131 30,659 83,022 5,559 2,238 722 4,702 722 555 31 2031/ 32 30,065 81,229 5.439 2,190 707 4,601 707 543 32 2032/ 33 29,289 80,206 5,370 2,162 698 4,543 698 536 33 2033/ 34 28,532 79,144 5,299 2,133 688 4,453 689 529 34 2034/ 35 27,792 78,049 5,2Z6 2,104 679 4.421 679 521 35 20351 36 27,069 76,925 5,151 2,074 669 4,357 669 514 36 2036/ 37 26,364 75,776 5.074 2,043 659 4,292 659 506 37 2037/ 38 25,675 74,605 4,995 2,O11 649 4,226 649 498 38 2038/ 39 25,O02 73,416 4.916 1,979 639 4,158 639 490 39 2039/40 24,346 72,213 4,11M 1,947 628 4,090 628 482 40 20401 41 23,705 70,997 4,754 1,914 618 4.021 618 474 41 2041/ 42 23,080 69,773 4,672 1,881 607 3,952 607 466 42 2042/ 43 22.471 68,542 4,589 1,848 596 3,882 596 458 43 2043/ 44 21,876 67,306 4,507 1.814 585 3,812 586 450 44 20441 45 21,295 66,069 4,424 1,781 575 3,742 575 441 45 20451 46 20,729 64,831 4,341 1,748 564 3,672 564 433 46 20461 47 20.177 63.595 4.258 1,714 553 3,602 553 425 TOTAL 1,213.275 3,057,073 204,696 82,410 26.592 173,153 26,603 20,421 Cumulative To: 20I4/ 15 236,882 429.624 28,767 11,581 3,737 24334 3,739 2,870 To : 20241 25 618,093 1,368,709 91.646 36,896 11,906 77.524 11,910 1:% To: 2034/ 35 931,485 2,213,117 141, 111 59,fi57 19,250 12i,3i6 19,258 14,783 To: 2046/ 47 1,213,27i 3,057,073 2046696 8Z,410 26,592 173, 151 26,603 20,421 (AI The City's pasarhmuyh is bused nnly rat the first tier of the ABI290 pas -through. In shmcs of the scmnd and third tiers ere retained by the Avency. Present value dke.amed to FY 2005/06 at: 5.5% Prialmna Community Develnpment Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Appendix Table E4D Pass -Through Payments to Affected Taxing Entities Unadjusted Levies Petaluma Plan Amendments & Fiscal Merger- CPU Added Area (In Present Value, 2005106 Dollars) (9) (10) (I1) (12) (13) (14) (15) (16) Southern So Petaluma City Petaluma City SO CO JT SCHOOL Petaluma SCHOOLS Total Co Res. Can Elem Jt High JUNIOR SERVICE AWUF EQUAL. Pass.Tluoughs (Land Only) junior ADMIN. AID Year Fiscal College N Year Lev : 0.02% Lev v: 14.54% Lev, 17.69% Lev : 5.26% Le": 1.93% Lev : 11.10% Levy, 0.31% 5 2005/ 06 12 7,798 9.492 2,823 1,035 5957 168 53,648 6 2006107 21 13,549 16,492 4,905 1,798 10,350 292 93,210 7 2007/ 08 25 IMD 19,624 5,837 2,139 12,315 346 110,913 8 2008/ 09 29 18,532 22,557 6,709 2A59 14,156 400 127,490 9 2009/ 10 32 20,786 25,300 7.525 2,758 15,878 449 142,994 10 2010/ II 35 22,891 27,862 6.287 3,037 17,485 494 157,473 11 2011112 38 24,854 30,251 8,997 3,298 18,985 537 170,976 12 2012/ 13 45 29.243 35,594 10,587 3,880 22,338 631 198,278 13 2013/ 14 52 33,344 40,585 12,071 4.425 25,470 720 223,771 14 2014/ 15 58 37,169 45,241 13,456 4932 28,392 802 247,543 15 2015/ 16 63 40,732 49,578 14,746 5,405 31,114 879 269,677 16 2016/ 17 68 g4,046 53,612 15,945 5,845 33,645 951 290,252 17 2017/ 18 73 47,123 57,357 17,059 6,253 35,995 1,017 309,344 18 2018119 77 49.974 60,828 18,092 6,631 38,173 1,079 327,026 19 2019/ 20 81 52,611 64,037 19,016 6,981 40,188 1,136 343,367 20 2020121 82 53,159 64,704 19,244 7,054 40,606 1.148 345,459 21 2021/ 22 81 52,154 63,480 18,881 6,921 39,838 1,126 338,691 22 20221 23 79 51,151 62,260 18,517 6,787 39,072 1,104 331,956 23 2023/ 24 78 50,151 61,043 18,156 6,655 38,309 1,083 325,262 24 2024/ 25 76 49,157 59,832 17,796 6,523 37,549 1,061 318,615 25 2025/ 26 75 48.168 58,629 17,438 6,392 36,793 1,040 312,021 26 2026/ 27 73 47,186 57,433 17,082 6,261 36,043 1,019 305,486 27 2027/ 28 72 46,211 56,247 16,729 6,132 35,299 998 299,015 28 2028/ 29 70 45,245 55,072 16,380 6.004 34,561 977 292,613 29 2029/ 30 69 44,289 53,908 16,033 5,877 33,830 956 286,283 30 2030/ 31 67 43,342 52,755 15,691 5,751 33,107 936 280,029 31 2031/ 32 66 42,406 51,616 15,352 5,627 32,393 915 273,855 32 2032/ 33 65 41.872 50,966 15,158 5,556 31.984 904 270,007 33 2033/ 34 64 41,318 50,291 14,958 5,483 31,561 89Z 266,063 34 2034/ 35 63 40,746 49,595 14.751 5,407 M,124 880 262,037 35 2035/ 36 fit 40,159 48,881 14.538 5,329 30,676 867 257,941 36 2036137 61 39,559 48.151 14,321 5,249 30,218 854 253,786 37 2037138 60 38.948 47,407 14.1W 5,168 29,751 841 249,583 38 2038/ 39 59 38,327 46,651 13,875 5,086 29,277 827 245,343 39 2039/ 40 58 37,699 45,887 13,648 5,003 28,797 814 241,075 40 2040/ 41 57 37,065 45,114 13,418 4,918 28,312 800 236,786 41 2041/ 42 56 36,425 44,336 13,187 4.833 27,824 786 232.486 42 2042/ 43 55 35,783 43,554 12,954 4.748 27,333 772 228,182 43 2043/ 44 54 35,138 42,769 12,720 4.663 26,840 759 223,879 44 2044/ 45 53 34,492 41,983 12,487 4,577 26,347 745 219,585 45 2045/ 46 52 33.846 41,196 12,253 4,491 25,853 731 215,305 46 2046 47 51 33201 40411 12019 4406 25361 717 211044 2,470 1,595,971 1,942,585 577,770 211,778 1,219,099 34,453 10.388,349 tive 014/ IS 347 221,289 273,000 81,197 29,762 171,325 4,842 I,526,295 LTOTAL 024/ 25 1,106 714,546 869,732 258,678 94,817 545,813 15,425 4,725,945 034/ 35 1,788 1,155,329 1.406.244 418250 153,307 882,510 24,940 7573755 0461 47 2A70 1,595,971 1,942,585 577.770 211,778 I :19,099 34A53 10,3BB,349 Petaluma Community Dcvelopmcnt Commission Report to Council Petaluma Plan Amendments and Fiscal Merger June 2006 Appendix E Implementation Plan FIVE-YEAR IMPLEMENTATION PLAN (2001-2006) Petaluma Community Development Commission Petaluma, California Prepared by: Nei Marnngella, Direcmr of Ecaaamlc Development & aedevelapmeat (NamHausing—Section 1) Donne Goehler, Housing and Olack Gr+nt dtlministramr (Housing—Satlian II)