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--CITIES EDGE
ARCHITECTS
$1,000,000.00
$800,000.00
$600,000.00
$400,000.00
$200,000.00
TIF Rebate Timeframe 21 years
using TIF from Hilton Garden Inn only
1 2 3 4 5 6 7 8 9 10 1112 13 14 15 16 17 18 19 20 2122 23 24 25 26 27 28 29 30
® Property tax to City, County Schools
❑ ANNUAL TIF REVENUE
0 protected debt
levy to City, County, Schools
Current property tax bill on property:
"$11,000 annually
TIF Rebate Timeframe 15 years
using TIF from Hilton Garden Inn + 50% of new hotel motel tax
$1,000,000.00
$600,000.00
$400,000.00
$200,000.00
FE
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 2122 23 24 25 26 27 28 29 30
■ 50% of New Hotel Motel (H/M) Tax
❑ Property tax to City, County Schools
■ANNUAL TIF REVENUE
0 protected debt
levy to City, County, Schools
Current propertytax bill on property:
" $11,000 annually
TIF Rebate Timeframe 12 years
using TIF from Hilton Garden Inn + 50% of new hotel motel tax
+ TIF from UIMA building
$1,000,000.00
$800,000.00
■TIF from Taxable Portion of UIMA
°n n ew buildinS
�Qo
of prop ert� taxeS
■ 50% of New Hotel/Motel Tax
$600,000.00°
IS Property tax to City, County Schools
a ANNUAL TIF REBATE
$400,000.00
■ protected debt
levy to City, County, Schools
$200,000.00
$- -"$11,000
Current propertytax bill on property:
annually
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13 14 15 16 17 18 19 20 2122 23 24 25 26 27 28 29 30
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