Appendix VI - elTRID Pledged Real Property Tax Increments - Year 10+ Development Projects Year Tax Increment Tax Increment to Taxing Bodies Pledged Tax Increment to TRID <strong>Pittsburgh</strong> Public School District <strong>Pittsburgh</strong> Public School District <strong>Pittsburgh</strong> Public School District Discounted Pledged Tax Increment <strong>City</strong> <strong>of</strong> <strong>Pittsburgh</strong> Allegheny County Total <strong>City</strong> <strong>of</strong> <strong>Pittsburgh</strong> Allegheny County Total <strong>City</strong> <strong>of</strong> <strong>Pittsburgh</strong> Allegheny County Total 40% 40% 40% 60% 60% 60% 1 - - - - - - - - - - - - - 2 70,075 90,319 30,431 190,824 28,030 36,127 12,172 76,330 42,045 54,191 18,258 114,494 112,204 3 70,075 90,319 30,431 190,824 28,030 36,127 12,172 76,330 42,045 54,191 18,258 114,494 112,204 4 115,435 148,783 50,129 314,346 46,174 59,513 20,051 125,738 69,261 89,270 30,077 188,608 184,835 5 245,445 316,351 106,587 668,383 98,178 126,541 42,635 267,353 147,267 189,811 63,952 401,030 393,009 6 449,133 578,883 195,040 1,223,056 179,653 231,553 78,016 489,222 269,480 347,330 117,024 733,834 719,157 7 610,361 786,687 265,055 1,662,103 244,144 314,675 106,022 664,841 366,217 472,012 159,033 997,262 977,317 8 610,361 786,687 265,055 1,662,103 244,144 314,675 106,022 664,841 366,217 472,012 159,033 997,262 977,317 9 610,361 786,687 265,055 1,662,103 244,144 314,675 106,022 664,841 366,217 472,012 159,033 997,262 977,317 10 610,361 786,687 265,055 1,662,103 244,144 314,675 106,022 664,841 366,217 472,012 159,033 997,262 977,317 11 610,361 786,687 265,055 1,662,103 244,144 314,675 106,022 664,841 366,217 472,012 159,033 997,262 977,317 12 610,361 786,687 265,055 1,662,103 244,144 314,675 106,022 664,841 366,217 472,012 159,033 997,262 977,317 13 610,361 786,687 265,055 1,662,103 244,144 314,675 106,022 664,841 366,217 472,012 159,033 997,262 977,317 14 610,361 786,687 265,055 1,662,103 244,144 314,675 106,022 664,841 366,217 472,012 159,033 997,262 977,317 15 610,361 786,687 265,055 1,662,103 244,144 314,675 106,022 664,841 366,217 472,012 159,033 997,262 977,317 16 610,361 786,687 265,055 1,662,103 244,144 314,675 106,022 664,841 366,217 472,012 159,033 997,262 977,317 17 610,361 786,687 265,055 1,662,103 244,144 314,675 106,022 664,841 366,217 472,012 159,033 997,262 977,317 18 610,361 786,687 265,055 1,662,103 244,144 314,675 106,022 664,841 366,217 472,012 159,033 997,262 977,317 19 610,361 786,687 265,055 1,662,103 244,144 314,675 106,022 664,841 366,217 472,012 159,033 997,262 977,317 20 610,361 786,687 265,055 1,662,103 244,144 314,675 106,022 664,841 366,217 472,012 159,033 997,262 977,317 9,495,215 12,238,277 4,123,385 25,856,878 3,798,086 4,895,311 1,649,354 10,342,751 5,697,129 7,342,966 2,474,031 15,514,127 15,203,844 Discount for full payment <strong>of</strong> tax bill on time 2% 6,119,217
Appendix VI - elTRID Pledged Income Tax Increment - Year 10+ Development Projects Use Square Footage or Rooms Employees Per 1,000 SF or Room Employment Projection Average Annual Wage Rate Total Annual Wages <strong>City</strong> <strong>of</strong> <strong>Pittsburgh</strong> Income Tax <strong>Pittsburgh</strong> Public School District Income Tax Total Annual Income Tax Increment Available Stand Alone Commercial 20,000 2 40 25,000 1,000,000 10,000 10,000 20,000 Stand Alone Commercial 15,000 6 90 25000 2,250,000 22,500 22,500 45,000 65,000 52,000 (1) Over Life <strong>of</strong> <strong>the</strong> TRID: 780,000 (1) Discounted not all workers will live in <strong>the</strong> <strong>City</strong> <strong>of</strong> <strong>Pittsburgh</strong>.