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<br />50
<br />allocated from the Redevelopment Property Tax Trust Fund to the Successor Agency to pay
<br />debt service on the 2014 Bonds.
<br />
<br />TABLE 9b
<br />SUCCESSOR AGENCY TO THE
<br />REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO
<br />West San Leandro/MacArthur Boulevard Project Area
<br />Historical and Estimated Tax Revenues
<br />
<br />
<br />2010-11 2011-12 2012-13 2013-14 2014-15
<br />Secured
<br /> - Land $328,150,265 $340,909,201 $364,894,041 $377,261,030 $394,445,431
<br /> - Improvements 549,517,838 554,450,328 560,638,901 567,828,462 623,798,565
<br /> - Personal Property 8,984,000 7,820,282 14,360,040 15,003,817 12,181,518
<br /> - Exemptions (11,092,973) (9,366,795) (11,390,020) (11,622,816) (11,675,051)
<br />Secured Total 875,559,130 893,813,016 928,502,962 948,470,493 1,018,750,463
<br />
<br />Unsecured
<br /> - Land 56,200 78,700 32,400 1,557,048 -
<br /> - Improvements 57,508,647 63,142,999 66,690,577 58,845,077 66,407,101
<br /> - Personal Property 102,356,554 107,556,767 99,148,698 98,703,693 100,817,438
<br /> - Exemptions (227,381) (40,642) (1,030,522) (1,142,319) (130,301)
<br />Unsecured Total 159,694,020 170,737,824 164,841,153 157,963,499 167,094,238
<br />
<br />Utility
<br /> - Land 1,073,537 1,073,537 1,073,537 1,073,537 1,073,537
<br /> - Improvements - - - - -
<br /> - Personal Property - - - - -
<br /> - Exemptions - - - - -
<br />Utility Total 1,073,537 1,073,537 1,073,537 1,073,537 1,073,537
<br />
<br />Total Assessed Value 1,036,326,687 1,065,624,377 1,094,417,652 1,107,507,529 1,186,918,238
<br />Percent Change 0.54% 2.83% 2.70% 1.20% 7.17%
<br />
<br />
<br />Plus: HOPTR(1) 105,000 105,000 98,000 105,000 105,000
<br />Less: Base AV (638,295,280) (638,295,280) (638,295,280) (638,295,280) (638,295,280)
<br />Taxable Value Over Base 398,136,407 427,434,097 456,220,372 469,317,249 548,727,958
<br />
<br />
<br />Gross Revenues 3,981,364 4,274,341 4,562,204 4,693,172 5,487,280
<br />Plus: Unitary Revenue 3,181 6,200 6,200 6,200 3,531
<br />Less: County Admin (36,346) (36,841) (39,317) (40,443) (54,671)
<br />Less: Pass-Through Payments (855,171) (912,774) (1,012,946) (1,058,521) (1,325,827)
<br />Net Tax Increment
<br />Available(2) 3,093,028 3,330,926 3,516,141 3,600,408 4,110,313
<br />
<br />(1) Represents the Homeowner’s Property Tax Relief Exemption which is reimbursed by the State.
<br />(2) Estimated based on estimated unitary revenue, County administrative expenses and pass-through payments as such amounts are not
<br />allocated among the Project Areas by the County Assessor.
<br />Source: County Assessor; State Board of Equalization; Urban Analytics, LLC
<br />
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