Agenda - City of Dallas

Exhibit A
City Center TIF District
FY 2011 Annual Report
Budget and Spending Status
City Center TIF District
Projected Increment Revenues to Retire TIF Fund Obligations
Category TIF Budget¹ Expended² Allocated Balance
Streetscape/Pedestrian
Linkages/Lighting/ Streetlight Upgrades $12,339,598 $11,393,460 $740,595 $205,543
Façade Easements $2,000,000 $2,000,000 $0 $0
Educational/Training Facilities $2,236,550 $2,236,550 $0 $0
Parking $2,525,154 $2,525,154 $0 $0
Acquisition/Restoration of Historic Sites $4,022,486 $4,022,486 $0 $0
Public Use Improvements $207,500 $207,500 $0 $0
Environmental Remediation, Demolition,
Façade Improvements $54,451,027 $42,861,111 $7,488,242 $4,101,674
Areas of Public Assembly/Outside TIF
District $2,625,000 $2,625,000 $0 $0
Affordable Housing/Outside TIF District $5,000,000 $2,935,989 $2,064,011 $0
Plan Implementation $2,160,402 $2,009,148³ $0 $151,254
Total Project Costs $87,567,717 $70,807,250 $10,292,848 $6,467,619
¹Budget shown above in total dollars (including interest earnings and potential parking revenue), as approved in the
Project Plan and Reinvestment Zone Financing Plan for the District.
²Amounts include interest paid.
Note:
As a result of the decline of the District's value since 2009, the district will not collect the total budget amount
of $87.6 million. When the District expires in 2012, $75.1 million in increment is projected to be collected.
Remaining projects allocated TIF reimbursement may not be fully reimbursed.
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