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TABLE 2
<br />REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO
<br />Alameda County -City of San Leandro Redevelopment Project Area
<br />Historic Assessed Valuations
<br />Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year
<br />Roll 2003-04 2004-05 2005-06 2006-07 2007-08
<br />Secured
<br />-Land $533,064,132 $570,791,639 $605,689,643 $673,357,751 $713,418,878
<br />-Improvements 959,324,283 1,084,868,232 1,174,933,927 1,281,751,613 1,364,444,473
<br />-Personal Property 29,450,109 26,085,463 24,273,853 24,386,014 26,864,155
<br />-Exemptions -28,391,416 -46 713,946 -53 175 541 -55 244 706 -57 266 033
<br />Secured Total 1,493,447,108 1,635,031,388 1,751,721,882 1,924,250,672 2,047,461,473
<br />Unsecured
<br />- Land 6,896,922 7,040,580 3,279,827 3,332,393 7,684,520
<br />-Improvements 50,640,253 47,874,550 40,171,981 39,093,427 39,579,093
<br />- Personal Property 81,417,117 79,882,435 105,041,654 106,040,076 110,968,420
<br />- Exemptions -172,442 -449,359 -185 487 -192 145 -422 808
<br />Unsecured Total 138,781,850 134,348,206 148,307,975 148,273,751 157,809,225
<br />Utility
<br />-Land 893,136 1,239,270 1,182,805 1,043,517 355,338
<br />- Improvements 505,254 630,460 588,069 483,497 0
<br />-Personal Property 289,242 360,917 336,649 276,785 0
<br />- Exemptions 0 0 0 0 0
<br />SBE Total 1,687,632 2,230,647 2,107,523 1,803,799 355,338
<br />Total AV: 1,633,916,590 1,771,610,241 1,902,137,380 2,074,328,222 2,205,626,036
<br />Plus: Homeowner
<br />Exemptions 10, 854, 200 11,177, 000 11, 676, 999 12, 316, 799 12, 281, 091
<br />Less BaseYearAV: -904,194,960 -904,194,960 -904,194,960 -904,194,960 -903597367
<br />Incremental AV: 740,575,830 878,592,281 1,009,619,419 1,182,450,061 1 314 309 760
<br />Gross Revenue: 7,448,196 8,836,003 10,153,742 11,932 880 13 248 478
<br />Less 2% Paymenf: -888,536 -979,325 -924,360 -1,005,813 -1,088,891
<br />Plus Unitary Rev.: 7, 000 6, 782 6, 782 8, 923 21, 500
<br />Gross Tax Increment _ 6,566 660 7,863,460 9 236 164 10 935 990 12 181 087
<br />Additional Revenue': 694,100 1,088,865 853,279 1,079,830 1,069,000
<br />Primarily interest earnings and supplemental revenue. Revenue for 2007-08 is supplemental revenue as estimated
<br />by the Auditor-Controller; the Agency has received $377,418 to date.
<br />Note: County administration fee is estimated for 2006-07.
<br />Source: Urban Analytics, County ofAlameda.
<br />The Project Area is expected to generate $2,437,716 in property tax increment available
<br />for debt service in 2007-08, after deductions for County administration fees, pass-through
<br />payments and the housing set-aside. The table below shows assessed value as well as
<br />estimated gross and net tax increment revenue in the Project Area for fiscal year 2007-08.
<br />-22-
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