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<br />TABLE 8
<br />REDEVELOPMENT AGENCY OF THE CITY OF REDWOOD CITY
<br />Redevelopmetrt Project Area No. 2
<br />Projected (Based on 2% Assessed Valuation Growth) Gross Tax Revenues (1)(2)
<br />($'s in thousands)
<br />$869,685
<br />871,143
<br />897,986
<br />933,605
<br />957,578
<br />982,029
<br />1,006,970
<br />1,032,409
<br />1,058,357
<br />1,084,824
<br />1,111,821
<br />1,139,357
<br />1,167,444
<br />1,196,093
<br />1,225,315
<br />1,255,121
<br />1,285,524
<br />1,316,534
<br />11 I Columns may not add due to rounding.
<br />(2i Future value growth based on 2% growth in real property values. The values for 2004 -05 have been reduced for appeals
<br />impart.
<br />l3i Includes the value of secured and unsecured personal property and state - assessed railroad and non unitary
<br />property
<br />14 Includes tax increment from application of 1% tax rate. plus unitary revenue of t60.000.
<br />Source The Agency; Fraser & Associates
<br />-30-
<br />I as Tax
<br />Total
<br />FY Year
<br />T Other
<br />' N
<br />�
<br />2003 -04
<br />$1,134.683
<br />N/A
<br />$108,185
<br />2004 -05
<br />1,128,642
<br />7,500
<br />108.185
<br />2005 -06
<br />1,158,864
<br />4,120
<br />108,185
<br />2006 -07
<br />1,186,244
<br />12,360
<br />108,185
<br />2007 -08
<br />1,222,576
<br />0
<br />108,185
<br />2008 -09
<br />1,247,028
<br />0
<br />108,185
<br />2009 -10
<br />1,271,968
<br />0
<br />108,185
<br />2010 -11
<br />1,297,408
<br />0
<br />108,185
<br />2011 -12
<br />1,323,356
<br />0
<br />108,185
<br />2012 -13
<br />1,349.823
<br />0
<br />108,185
<br />2013 -14
<br />1,376,819
<br />0
<br />108,185
<br />2014 -15
<br />1,404,356
<br />0
<br />108.165
<br />2015 -16
<br />1,432,443
<br />0
<br />108,185
<br />2016 -17
<br />1,461,092
<br />0
<br />108,185
<br />2017 -18
<br />1,490,314
<br />0
<br />108,185
<br />2018 -19
<br />1,520,120
<br />0
<br />108,185
<br />2019 -20
<br />1,550,522
<br />0
<br />108,185
<br />2020 -21
<br />1,581,533
<br />0
<br />108,185
<br />2021 -22
<br />1,613,163
<br />0
<br />108,185
<br />2022 -23
<br />1,645,427
<br />0
<br />108,185
<br />2023 -24
<br />1,678,335
<br />0
<br />108,185
<br />2024 -25
<br />1,711,902
<br />0
<br />108,185
<br />2025 -26
<br />1,746,140
<br />0
<br />108,185
<br />2026 -27
<br />1,781,063
<br />0
<br />108,185
<br />2027 -28
<br />1,816,684
<br />0
<br />108.185
<br />2028 -29
<br />1,853,018
<br />0
<br />108,185
<br />2029 -30
<br />1,890,078
<br />0
<br />108,185
<br />2030 -31
<br />1,927,879
<br />0
<br />108,185
<br />2031 -32
<br />1,966,437
<br />0
<br />108,185
<br />$869,685
<br />871,143
<br />897,986
<br />933,605
<br />957,578
<br />982,029
<br />1,006,970
<br />1,032,409
<br />1,058,357
<br />1,084,824
<br />1,111,821
<br />1,139,357
<br />1,167,444
<br />1,196,093
<br />1,225,315
<br />1,255,121
<br />1,285,524
<br />1,316,534
<br />11 I Columns may not add due to rounding.
<br />(2i Future value growth based on 2% growth in real property values. The values for 2004 -05 have been reduced for appeals
<br />impart.
<br />l3i Includes the value of secured and unsecured personal property and state - assessed railroad and non unitary
<br />property
<br />14 Includes tax increment from application of 1% tax rate. plus unitary revenue of t60.000.
<br />Source The Agency; Fraser & Associates
<br />-30-
<br />I as Tax
<br />
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