east liberty station: realizing the potential - City of Pittsburgh

Appendix V - elTRID
Real Property Tax Increments - Years 5-10 Development Projects
Year
Estimated
Assessed Value
of Land &
Develompent
Projected Real Estate Taxes Base Real Estate Taxes (1) Projected Tax Increments
Pittsburgh
Pittsburgh
Public
Pittsburgh
City of Public School Allegheny
City of School Allegheny
City of Public School Allegheny
Pittsburgh District County
Total Pittsburgh District County Total Pittsburgh District County
Total
Millage==> 10.8 13.92 4.69 29.41
1 2,229,200 24,075 31,030 10,455 65,561 24,075 31,030 10,455 65,561 - - - -
2 13,522,016 146,038 188,226 63,418 397,682 24,075 31,030 10,455 65,561 121,962 157,196 52,963 332,122
3 30,965,516 334,428 431,040 145,228 910,696 24,075 31,030 10,455 65,561 310,352 400,010 134,773 845,135
4 36,724,816 396,628 511,209 172,239 1,080,077 24,075 31,030 10,455 65,561 372,553 480,179 161,784 1,014,516
5 50,746,566 548,063 706,392 238,001 1,492,456 24,075 31,030 10,455 65,561 523,988 675,362 227,546 1,426,896
6 50,746,566 548,063 706,392 238,001 1,492,456 24,075 31,030 10,455 65,561 523,988 675,362 227,546 1,426,896
7 50,746,566 548,063 706,392 238,001 1,492,456 24,075 31,030 10,455 65,561 523,988 675,362 227,546 1,426,896
8 50,746,566 548,063 706,392 238,001 1,492,456 24,075 31,030 10,455 65,561 523,988 675,362 227,546 1,426,896
9 50,746,566 548,063 706,392 238,001 1,492,456 24,075 31,030 10,455 65,561 523,988 675,362 227,546 1,426,896
10 50,746,566 548,063 706,392 238,001 1,492,456 24,075 31,030 10,455 65,561 523,988 675,362 227,546 1,426,896
11 50,746,566 548,063 706,392 238,001 1,492,456 24,075 31,030 10,455 65,561 523,988 675,362 227,546 1,426,896
12 50,746,566 548,063 706,392 238,001 1,492,456 24,075 31,030 10,455 65,561 523,988 675,362 227,546 1,426,896
13 50,746,566 548,063 706,392 238,001 1,492,456 24,075 31,030 10,455 65,561 523,988 675,362 227,546 1,426,896
14 50,746,566 548,063 706,392 238,001 1,492,456 24,075 31,030 10,455 65,561 523,988 675,362 227,546 1,426,896
15 50,746,566 548,063 706,392 238,001 1,492,456 24,075 31,030 10,455 65,561 523,988 675,362 227,546 1,426,896
16 50,746,566 548,063 706,392 238,001 1,492,456 24,075 31,030 10,455 65,561 523,988 675,362 227,546 1,426,896
17 50,746,566 548,063 706,392 238,001 1,492,456 24,075 31,030 10,455 65,561 523,988 675,362 227,546 1,426,896
18 50,746,566 548,063 706,392 238,001 1,492,456 24,075 31,030 10,455 65,561 523,988 675,362 227,546 1,426,896
19 50,746,566 548,063 706,392 238,001 1,492,456 24,075 31,030 10,455 65,561 523,988 675,362 227,546 1,426,896
20 50,746,566 548,063 706,392 238,001 1,492,456 24,075 31,030 10,455 65,561 523,988 675,362 227,546 1,426,896
9,646,100 12,432,751 4,188,908 26,267,759 9,188,668 11,843,172 3,990,264 25,022,104
37% 47% 16% 100%
(1) Only new base from boundary expansion. Portions of development site currently tax exempt due to public or non-profit ownership.