east liberty station: realizing the potential - City of Pittsburgh

Appendix VI - elTRID
Real Property Tax Increments - Year 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 4,596,100 49,638 63,978 21,556 135,171 49,638 63,978 21,556 135,171 - - - -
2 11,084,500 119,713 154,296 51,986 325,995 49,638 63,978 21,556 135,171 70,075 90,319 30,431 190,824
3 11,084,500 119,713 154,296 51,986 325,995 49,638 63,978 21,556 135,171 70,075 90,319 30,431 190,824
4 15,284,500 165,073 212,760 71,684 449,517 49,638 63,978 21,556 135,171 115,435 148,783 50,129 314,346
5 27,322,500 295,083 380,329 128,143 803,555 49,638 63,978 21,556 135,171 245,445 316,351 106,587 668,383
6 46,182,500 498,771 642,860 216,596 1,358,227 49,638 63,978 21,556 135,171 449,133 578,883 195,040 1,223,056
7 61,111,000 659,999 850,665 286,611 1,797,275 49,638 63,978 21,556 135,171 610,361 786,687 265,055 1,662,103
8 61,111,000 659,999 850,665 286,611 1,797,275 49,638 63,978 21,556 135,171 610,361 786,687 265,055 1,662,103
9 61,111,000 659,999 850,665 286,611 1,797,275 49,638 63,978 21,556 135,171 610,361 786,687 265,055 1,662,103
10 61,111,000 659,999 850,665 286,611 1,797,275 49,638 63,978 21,556 135,171 610,361 786,687 265,055 1,662,103
11 61,111,000 659,999 850,665 286,611 1,797,275 49,638 63,978 21,556 135,171 610,361 786,687 265,055 1,662,103
12 61,111,000 659,999 850,665 286,611 1,797,275 49,638 63,978 21,556 135,171 610,361 786,687 265,055 1,662,103
13 61,111,000 659,999 850,665 286,611 1,797,275 49,638 63,978 21,556 135,171 610,361 786,687 265,055 1,662,103
14 61,111,000 659,999 850,665 286,611 1,797,275 49,638 63,978 21,556 135,171 610,361 786,687 265,055 1,662,103
15 61,111,000 659,999 850,665 286,611 1,797,275 49,638 63,978 21,556 135,171 610,361 786,687 265,055 1,662,103
16 61,111,000 659,999 850,665 286,611 1,797,275 49,638 63,978 21,556 135,171 610,361 786,687 265,055 1,662,103
17 61,111,000 659,999 850,665 286,611 1,797,275 49,638 63,978 21,556 135,171 610,361 786,687 265,055 1,662,103
18 61,111,000 659,999 850,665 286,611 1,797,275 49,638 63,978 21,556 135,171 610,361 786,687 265,055 1,662,103
19 61,111,000 659,999 850,665 286,611 1,797,275 49,638 63,978 21,556 135,171 610,361 786,687 265,055 1,662,103
20 61,111,000 659,999 850,665 286,611 1,797,275 49,638 63,978 21,556 135,171 610,361 786,687 265,055 1,662,103
10,438,335 13,453,854 4,532,944 28,425,133 9,495,215 12,238,277 4,123,385 25,856,878
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.