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REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO
<br />West San Leandro/MacArthur Boulevard Redevelopment Project
<br />Historic Assessed Valuations
<br /> Fiscal Year Fiscal Year Fiscal Year Fiscal Year
<br />Roll 2000-O1 (1) 2001-02 2002-03 2003-04
<br />Secured
<br />- Land $150,850,042 $195,264,557 $263,477,258 $241,486,769
<br />-Improvements 400,197,290 359,977,376 325,783,387 382,156,718
<br />- Personal Property 17,775,845 16,796,113 22,034,116 15,156,320
<br />-Exemptions 3,826,933 5,068,671 5,522,112 4,151,620
<br />Secured Total 564,996,244 566,969,375 605,772,649 634,648,187
<br />Unsecured
<br />-Land 44,701 45,595 72,908 74,366
<br />-Improvements 87,921,368 91,073,422 71,738,069 61,961,217
<br />- Personal Property 82,672,467 94,760,253 118,696,052 90,409,528
<br />-Exemptions 1,001,695 933,895 1,010,136 547,970
<br />Unsecured Total 169,636,841 184,945,375 189,496,893 151,897,141
<br />Utility
<br />-Land 121,537 133,059 128,108 146,300
<br />-Improvements 91,246 99,596 96,179 109,837
<br />- Personal Property 52,236 57,187 55,058 62,877
<br />-Exemptions 0 0 0 0
<br />SBE Total 265,019 290,142 279,345 319,014
<br />Totals: 734,898,104 752,204,892 795,548,887 786,864,342
<br />Plus Homeowner's Exemptions: 70,000 70,000 77,000 63,000
<br />Less Base Year AV: -640,048,050 -640,048,050 -640,048,050 -640,048,050
<br />Incremental AV: 94,920,054 112,226,842 155,577,837 146,879,292
<br />Tax Increment Revenue: $511,828 (2) $998,995 (2) $1,566,471 $1,477,482
<br />(1) Includes estimated adjustment for excluded parcels
<br />(2) Tax increment amount claimed by Agency.
<br />Source: Urban Analyties, County of Alameda.
<br />The Fiscal Consultant reports that the tax increment attributable to the secured,
<br />unsecured and utility rolls are calculated separately, however the increment amounts are
<br />aggregated for calculation of the amount due the Agency. For fiscal year 2003-04, the
<br />incremental assessed valuation over the base year for the unsecured and utility rolls was a
<br />negative amount. See "RISK FACTORS -Tax Increment From Unsecured Roll" below. For
<br />fiscal year 2003-04, the incremental assessed valuation over each respective base year is as
<br />follows:
<br />Secured Unsecured Utility
<br />Roll Roll Roll TOTAL
<br />Current Year AV $634,711,187 $151,897,141 $ 319,014 $786,927,342
<br />Base Year AV 481,741,422 156,527,858 1,778,770 640,048,050
<br />Incrmental AV $152,969,765 ($4,630,717) ($1,459,756) $146,879,292
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