Department of Local Government Finance County Auditor's Certificate of Adjustment to the l3ased Assessed Valuation of T1F Districts
Identify the specific allocation area if more than one allocation area is located in the county.
T1F District THOMPSON ORIGINAL
County Name MONROE COUNTY
Contact Infonnation: Financial Advisoc FINANCIAL SOLUTIONS GROUP, INC. Name: Address:
Phone:
Amy Gerstman 501 N. Morton St., Suile 216 Bloomington, Indiana 47404
812-349-2510
1. 2012p2013 Gross Real Estate Valuation'" of the allocation area
2. 2011p2012 Gross Real Estate Valuation'" of the allocation area
3. DMde line 1 by line 2 and carry to 5 dedmal places
4. 2012p2013 Gross Real EstateValuation* of the county
5. 2011p2012 Gross Real Estate Valuation'" of the county
6. DMde line 4 by line 5 and carry 10 5 dedmal places
Name: Greg Guerreltaz Address; 2680 E Main Sl, Suite 223
Plainfield, IN 46168
Phone: 317-837-4933
98,993,700
101,627,900
8,942,042,030
8,819,755,744
~Any contested amol1nt of assessed value subject to appeal should not be included In the gross assessed value of real estate.
"'Amounts do not Include non-taxable and government exempt property.
7. 2011p2012 neutralized net base assessed valuation of the allocation area: 23.135.390
0.97408
1.01387
8. Lesser of line 3 or line B 0.97408
g, Une 8 multiplied by line 7::: tentative new 2012p2013 neutralized base assessed value 22,535,720
Determination of Adequate Potential Captured Assessment (This calculation will be specific to each allocation area within the county.)
1a. Amount of potential captured assessment in 20f1p2012. Amount of net assessed value 2011p2012 minus 2011p2012 neutralized base NAV
2a. Abatement reductions, if any, in pre-reassessment values, schedUled to roll off in p2013
3a. Real Growth, estimated in net assessed value first assessed for 2012p2013
4a. Total of line 1a plus line- 2a =. Adjusted Incremental NAV t
Sa. 2011p2012 net tax rate of the TIF district
5b. Estimated 2012p2013 tax rate
6a. Tax revenue without reasses.<;menlline 4a divided by 100 multiplied by line Sa
6b. Tax revenue on rea) growth line 3a divided by 100 multiplied by line 5b
6c. Total estimated tax revenue vJithoul reassessment line 6a plus line 6b
7a. Amount of estimated captured assessment in 2012p2013. Une 6c divided by !lne 5b times 100
S
$
$
42,392,911
1,990
42,394,901
$1.9395
822,249
822,249
41,738,528
$ 1.97000
$
8a. 2012p2013 total net real estate assessed value of the TIF area (no deduction for base assessed value)
9a. Less 2012p2013 contested assessed value of the TIF area (do not include appealed assessed value on real growth shown on line 3a)
10a. Une 8a minus Hne 9a = 2012p2013 net assessed value of the TtF area
11a. Less estimated captured assessment from line 7a
68,071,297
68,071,297
41,738,528
12a.llne 10a minus line 11a:;:; tentative new base net assessed value
13a. Lesser of line 9 or 12a !:: 2012p2013 base assessed value, but not less than ~O
26,332,769 /
__________ ~2~2~,5~3~5~,7=20~,
The amount on Line 13a is the base amount to be used in the certification of the assessed valuation in those taxing districts containing the specific TtF district This amount CANNOT be a negative number. If it does calculate to be a negative number, it must be adjustoo to zero in order to continue the calculation.
14a. Line 13a divided by line 7;= final neutralization factor ____________ 0~,9~7~4~08~.~ (factor multiplied by old parcel base:;:; new base assessed value)
The amount of potential captured assessed valuation pf the spedfic TfF district will depend on whether Line 9 or Une 12a is used in determining Une 13a. (A) if Une 9 is used, the potential captured assessment is Line 10a minus Line 138. (8) If Line 12a is used, the potential captured assessment is the amount on Line 11A. (C) If Line 13a is a negative number that must be adjusted to zero, the potential captured assessment is Une iDa.
\flJhat is the potential captured assessment?
(A) Line 9 is used for the base assessed valuation for March 1, 2012. ~' ________ ~4~5,~S3~S~,S~7"-7 ~ (B) Line 12a was used for the base assessed valuation for March 1, 2012.
"'The amount indicated in either fA) or (8 is the amount shown as a minus amount in the certification of assessed valuation in those taxing dislIicts containing the SpeCirlC TIF distIict.
15. What is the potential tax increment revenue for 2013?
I, Amy Gerstman, Auditor of Monroe County,
$
s 897,051 /
certify to the best of my knowledge that the above base assessed valuation calculation is full, true and complete
for the tax inCfementfinance allocation ar~l • n .. Daledlhis--3.A
ih daYOf~ ,2012.
(J, ~J/.J ·hUL~ .;J J"K-G ====;-i:A"'M:.;yiG"'E:;;R;::S"'TM"'A"'N'--______ __ County Auditor (printed name)
{Please submit the completed form to - Budget Director, Department of Local Government Finance. for action}
SEND COPY TO GOVERNING BODY OF DISTRICT
District Name: 11-l0MPSON ORIGINAL
DEPARTMENT OF LOCAL GOVERNMENT FINANCE CERTIFICA nON OF TIF INFORMATION
tment, as certified, has been approved by the Department of Local Government
'~e-'F.-""I----------------------' 2012.
mmen{ Rnancc
Oeparbnent of local Government Finance County Auditor's Certificate of Adjustment to the Based Assessed Valuation of.1t= Districts
Identify the specific allo'cation area if more than one allocation area is located in the county.
TIF District THOMPSON EXPANDED
County Name MONROE COUNlY
Contact Information: Rnandal Advisor: FINANCIAL SOLUTIONS GROUP, INC. Name: Amy Gerstman Address: 501 N. Morion St, Suile 216
Bloomington, Indiana 47404
Phone: 812-349-2510
1. 2012p2013 Gross Real Estate Valua!jo~· of the allocation area
2. 2011p2012 Gross Real Estate ValuationT of the allocation area
3. Divide line 1 by line 2 and carry to 5 dedmaJ places
4. 2012p2013 Gross Real Estate Valuation"" of the county
5. 2011p2012 Gross Real Estate Valuation" of the county
6. Divide line 4 by line 5 and cany to 5 decimal places
Name: Greg Guerrettaz Address: 2680 E. Main Sl, Suite 223
Plainfield, IN 46168
Phone: 317-837-4933
15,671,300
15,767,000
8,942,042,030
8,819,755,744
TAny contested amount of assessed value subject to appeaf should not be included in the gross assessed value of real estate.
1<Amounts do not include non-taxable and government exempt property.
7. 2011p2012 neutralized net base assessed valuation of the allocation area: 4,713,640
0.99393
1.01387
8. Lesser of line 3 or line 6 0.99393
9. Line 8 multiplied by line 7 =. ten(atfve new 2012p2013 neutralized base assessed value 4,685,030
Determination of Adequate Potential Captured Assessment {This calculation will be specific to each allocation area within the county.)
1a. Amount of potential captured assessment in 2011p2012. Amount of net assessed value 201~P2012 minus 2011p2012 neutralized base NAV
2a. Abatement reductions, IT any, in pre-reassessment values, scheduled to roJl off in p2013
3a. Real Grow1h, estimated in net assessed value first assessed fO( 20f2p2013
4a. Total of line 1a plus line 2a :: Adjusted Incremental NAV
Sa . .2011p2012 net tax rate of the TIF district
Sb. Estimated 2012p20131ax rate
6a. Tax revenue without reassessment line 4a divided by 100 multiplied by line 5a
6b. 'fax revenue on real growth line 3a divided by 100 mUltiplied by line 5b
Sc. Total estimated tax revenue without reassessment line Sa plus line 6b
7a. Amount of estimated captured assessment in 2012p2013, Une 6c divided by line Sb times 100
S
S
10,782,641
10,782,641
$1.9395
209,129
209,129
10,615,685
$ 1.97000
$
8a. 2012p2013 tolal net real estate assessed value of the TIF area (no deduction for base assessed value)
9a. Less 2012p2013 contested assessed value of the TIF area (do nofinclude appealed assessed value on reat growth shown on line 3a)
iDa. Line 8a minus line 9a =- 2012p2013 net assessed value of the TIF area
11a. Less estimated captured assessment from line 7a
12a. line lOa minus line 113 =- tentative new base net assessed value
15,545,325
185,900
15,359,425
10,615,685
13a. Lesser of line 9 or 12a =- 2012p2013 base assessed value, but not less than SO
4,743,740 /
____ ~ ____ ~4~,6~8~5~,O~W~
The amount on Line 1Sa is the base amount to be used in the certification of the assessed valuation in those taxing districts containing the specific TfF districl This amount CANNOT be a negative number. If it does calculate to be a negative number, it must be adjusted to zero in order to continue the calculation.
14a. Line 13a divided by line 7:::: final neutralization factor (factor multiplied by old parcel base =- new base assessed value) 0.99393 /
--------"~"'--
The amount of potential captured assessed valuation oftha specific TIF district wil! depend on whether Line 9 or Line 12a is used in deteonining Line 13a. (A) if Line 9 is used, the potential captured assessment is Line 10a minus Une 13a. (B) If Line 12a Is used, the potential captured assessment IS the amount on
Line 11A. (C) If Une 13a is a negative number that must be adjusted to zero, the potential captured assessment is Uoo iDa.
What is the potential captured assessment? (A) Line 91s used for the base assessed valuation for March 1,2012.
(8) Line 12a was used for the base assessed valuation for March 1,2012.
*The amount indicated in either (A) or (8 is the amount sho\;m as a minus amount in the certification of assessed valuation in those taxing districts containing the specifIC TJF district.
15. What is the polential tax increment revenue for 20137
I, Amy Gerstman, Auditor of Monroe County,
$
s
certify to the best of my knowledge that the above base assessed valuaUon calculation is full, true and complete for the tax increment finance allocation area.
2,-lL (1 n Dated this ~O'- -day Of~_-0-rt.U:.=lj=J'--------_o, 2012.
AMY GERSTMAN Ch"'j .pjAm>-£~ ~Ijy((. County Auditor (signature)- County Auditor (printed name)
(Please submit the completed form to Budget Director, Department of Local Government Finance, for action)
SEND COPY TO GOVERNING BODY OF DISTRICT
DEPARTMENT OF LOCAL GOVERNMENT FINANCE CERTIFICATION OFTIF INFORMATION
District Name: '"T-U~.q·~~ t:....~.p~~
The base assessed valuation adjustment, as certified, has been approved by the Department of Local Governmenf Finance this z.o:'(-"'~day of ~ ....)_"-.T--' ' 2012.
Commissio vemment Rnance
10,674,395 1
210,286 !
Department of Local Government Finance County Auditor's Certificate of Adjustment to the Based Assessed Valuation of "fIF Districts
Identify the specific allocation area if more than one allocation area is located in the county.
TIF District WALNUPNINSLOW
County Name MONROE CDUN1Y
Contactlnfonnation: Rnanclal Advisor. FINANClAL SOLUTIONS GROUP, INC. Name: Address:
Phone:
Amy Gerstman 501 N. Morton St., Suite 216 Bloomington, Indiana 47404
812-349-2510
1. 2012p2013 Gross Real Estate Valuation"*' of the allocation area
2. 2011p2012 Gross Real Estate Valuation"*' of the allocation area
3. Divide line 1 by line 2 and carry to 5 decimal places
4. 2012p2013 Gross Real Estate Valualion* of the county
5. 2011p2012 Gross Real Estate Valuation- of the county
6. Divide line 4 by line 5 and carry to 5 decimal places
Name: Greg GuerreUaz . Address: 2680 E. Ma1n St.. Suite 223
Plainfield, IN 46168
Phone: 317-S37-4933
29,189,400
29,549,600
8,942,042,030
8,819,755,744
*Any contested amount of assessed value subject to appeal should not be Included;n the gross assessed value of real estate.
"Amounts do not Include non·faxable and government exempt property.
7. 2011p2012 neutralized net base assessed valuation of the allocation area: 23,550,450
0.98781
1-01387
8. Lesser of I[ne 3 or fine 6 0.98781
9. Line 8 multiplied by line 7 = tentative new 2012p2013 neutralized base assessed value 23,263,370
Determination of Adequate Potential Captured Assessment (This calculation will be specific to each allocation area within the county.)
1a. Amount of potential captured assessment in 2011p2012. Amounl of nel assessed value 2011 p2012 minus 2011p2012 neutralized base NAV
2a. Abatement reductions, if any, in pre-reassessment values, scheduled to roll off in p2013
3a. Real Growth, estimated in net assessed value first assessed for 2012p2013
4a. Tolal of line 1a plus line 2a "" Adjusted Incremental NAV
5a. 2011p2012 net tax rate of the TIF district
5b. Estimated 2012p2013 tax rate
6a. Tax revenue without reassessment line 4a divkled by 100 multiplied by line 5a
6b. Tax revenue on real gro .... 1th line 3a divided by 100 multiplied by l[ne Sb
6c. Total estimated tax revenue without reassessment line 6a plus line 6b
7a. Amount of estimated captured assessment in 2012p2013. Une Be divided by line Sb times 100
$
$
$
4,432,337
4,432,337
$1_9395
85,965
85,965
4,363,706
$ 1.97000
$
8a. 2012p2013 total net real estate assessed value offue TIF area (no deduction for base assessed value)
9a. Less 2012p2013 contested assessed value of the TIF area (do not indude appealed assessed value on real growth shO'o'ln on line 3a)
10a. Line 8a minus line 9a :::; 2012p2013 net assessed value of the TtF area
11a. Less estimated captured assessment from line 7a
12a. Line 10a minus line 11a = tentative new base net assessed value
13a. Lesser of line 9 or 12a:::; 2012p2013 base assessed value, but not less than SO
The amount on Line 13a is the base amount to be used-in the certification of the assessed valuation in those taxing districts containing tho specific TIF district This amount CANNOT b& a negative number. If it does calculate to be a negative number, It must be adjusted to zero in order to continue the calculation.
14a. Line 13a divided by line 7 :::: final neutralization factor (factor mullipUed by old parcel base:::; new base assessed value)
The amount of potential captured assessed valuation of the specific TIF district will depend on whether Line 9 or Line 12a is used in determining Line 13a. (A) ifUne 9 is used, the potential captured assessment is Line 10a minus Line 13a. (8) IfUne 12a is used, the potential captured assessment is the amount on
Une 11A. (C) If Une 13a is a negative number that must be adjusted to zero, the potential captured assessment is Line 108.
What is the potential captured assessment? (A) Line 9 is used for the base assessed valuation for March 1, 2012.
(8) Line 12a was used for the base assessed valuation for March 1,2012.
"The amount indicated in either (AJ or (B is the amOlmt sho~v.n as a minus amount In the certification of assessed valuation in those taxing districts containing the specific TlF district
15. VVhat is lhe potential tax increment revenue for 2013?
I, Amy Gerslman, Auditor of Monroe County,
$
certify to the best of my know1edge that the above base assessed valuation calculation is full, true and complete forthe tax increment finance allocation area.
Daledlhis ,5D ~uo_~daYOf,jutJ ,2012.
a.ntlc;i/;~~~f:;ure)·f!:j .:P;c::C C d' ( AMY GERSTMAN ounty Au Itar printed name)
{Please submit the completed form to - Budget Director, Department of Local Government Finance, for action}
SEND COPY TO GOVERNING BODY OF DISTRICT
DEPARTMENT OF LOCAL GOVERNMENT FINANCE CERTIFICATION OF TIF INFORMATION
The base assessed valuation adjustment, as certified, has been approved by the Department of Local Government Finance this ~~:-'f"'u day of ~ ~'l . ,2012.
Commission emment Finance
28,063.181
389.300
27,673,881
4,363,706
23,310,175
23,263,370 /
0.98781 /
4,410,511 /
86,887 /
Department of Local Government Finance County Auditor's Certificate of Adjustrn&nt to tho Based Assessed Valuation of TIF Districts
Identify the specific allocation area if more than one allocation area is located in the county.
TIF District ORIGINAL DOWNTOWN
County Name MONROE COUNTY
Contact Information: Financial Advisor: FINANCIAL SOLUTIONS GROUP, INC. Name: Address:
Phone:
Amy Gerstman 501 N. Morton S1., Suite 216 Bloomington, Indiana 47404
812-349-2510
1. 2012p2013 Gross Real Estate Valuation'" of the allocation area
2. 2011p2012 Gross Real Eslate Valuation* of the alrocation area
3. DMde line 1 by line 2 and carry to 5 decimal places
4. 2012p2013 Gross Real Estate Valuation* ofthe county
5. 2011p2012 Gross Real Esta(e Valuation'" of the county
6, Divide line 4 by line 5 and carry to 5 decimal places
Name: Greg Guerrettaz Address: 2680 E. Main St., Suite 223
Plainfield, IN 46168
Phone: 317-837-4933
182,937,021
177,334,700
8,942,042,030
8,819,755,744
*Any contested amount of assessed value subject to appeal should not be included in the gross assessed value of real estate.
*Amounts do not include non·taxabfe and government exempt property.
7. 2011p2012 neutralized net base assessed valuation of the allocation area: 61.537,470
1.03159
1.01387
8. Lesser of line 3 or line 6 1.01387
9. Line 8 multiplied by line 7 = tentative new 2012p2013 neutralized base assessed value 62,390,990
Determination of Adequate Potential Captured Assessment (This calculation will be specific to each a1iocation area within the county.)
1 a. Amount of potential captured assessment in 2011 p2012. Amount of net assessed value 2011p2012 minus 2011p2012 neutralized base NAV
2a. Abatement reductions, IT any, in pre-reassessment values, scheduled to rol! off in p2013
3a. Real Growth, estimated in net assessed value first assessed for 2012p2013'
4a. lotal of line 1a plus line 28 = Adjusted InCfement~1 NAV
5a. 2011p2012 net tax rate of the TIF disbicl
5b. Estimated 2012p2013 tax rate
5a. lax revenue \vtthout reassessment line 4a divided by 100 multiplied by line 5a
6b. Tax revenue on real grmvth line 3a divided by 100 multiplied by IJne 5b \
6e. Tolal estimated tax revenue without reassessment line 6a plus line 5b
7a. Amount of estimated captured assessment in 2012p2013. Line 6c divided by line Sb times 100
$
$
$
104,853,195
104,853,195
$1.9395
2,033,628
2,033,628
103,229,848
$ 1.97000
$
8a. 2012p2013 total net real estate assessed value of the TIF area (no deduction for base assessed value)
9a. Less 2012p2013 contested assessed value of the TIF area (do not include appealed assessed value on real growth sho\'m on line 3a)
iDa. Une 8a minus line 9a::: 2012p2013 net assessed value of the TIF area
11a. Less estimated captured assessment from line 7a
12a. Line iDa minus line 11a -= tentative new base net assessed value
13a. Lesser of line 9 or 12a :: 2012p2013 base assessed value, but nolless than $0
The-amount on line 13a is the base amount to be used in the certification of the assessed valuation In those taxing districts containing the specific T1F districl This amount CANNOT be a negative number. If it does calculate to be a negative number, it must bo adjusted to zero in order to continue the calculation.
14a. Line 13a divided byline 7::: final neutralizatkln factor (factor multiplied by old parcel base:= ne\'/ base assessed value)
The amount of potential captured assessed valuation of the spedfic TIF district will depend on whether Line 9 or Line 12a is used in determining Une 13a. (A) if Une 9 is used, the potential captured assessment is Line iDa minus Une 13a. (8) lfUne 12a Is used, the potential captured assessment is the amount on
Une 11A. (C) If Line 13a is a negative number that must be adjusted to zero, the potential captured assessment is Line 10a.
\%at is the potential captured assessment? (A) line 9 is used for the base assessed valuation for Marm1, 2012.
(8) line 12a was used for Ihe base assessed valuation for March 1, 2012.
~The amount indicated in either (A) or (B is the amount shown as a minus amount in the ceriific.3tion of assessed Yaluation in those taxing districts containing the specifIC T1F district.
15. What is the potential tax increment revenue for 2013?
I, Amy Gerstman, Auditor of Monroe County,
$
certify to the best of my knowledge that the above base assessed valuation calculation is full, true and complete lor Ihe tax incremenl finance aliocatiOntrea.
DatedAhi. ~ daYOlc..Yj ,2012.
U1~ ,0ik, k." <;~'.:KL AMY GERSTMAN ~ County Auditor (signate) County Auditor (printed name)
(Please submit the completed form to - Budget Director, Department of Local Government finance, for action)
SEND COPY TO GOVERNING BODY OF DISTRICT
Commission
DEPARTMENT OF LOCAL GOVERNMENT FINANCE CERTIFICATION OF TIF INFORMATION
emmenl Finance
173,672,685
7,689,300
165,983,385
103,229,848
62,753,537
62,390,990 /
1,01387 /
103,592,395 /
2,040,770 /
Oepartment of Local Government Finance County Auditors Certificate of Adjustment to the Based Assessed Valuation of TlF Districts
Identify the specific allocation area if more than one allocation area IS located in the county.
TIF District EXPANDED DOWNTOWN
County Name MONROE COUNTY
Contact Information: Financial Advisor. FINANCIAL SOLUTIONS GROUP, INC. Name: Address:
Phone:
Amy Gerstman 501 N. Morton St., Suite 216 Bloomington, Indiana 47404
812-34!i-2510
1. 2012p2013 Gross Real Estate Valuation* of the allocation area
2. 2011 p2012 Gross Real Estate Valuation* of the allocation area
3. Divide line 1 by line 2 and carry to 5 decimal places
4. 2012p2013 Gross Real Estate Valuation* of the county
5. 2011p2012 Gross Real Estate Valuation* of the county
6. DNide line 4 by line 5 and carl)' to 5 decimal places
Name: Greg Guerrettaz Address: 2680 E. Main St., Suite 223
Plainfield, IN 46168
Phone: 317-837-4933
23,974,100
22,631,820
8,942,042,030
8,819,755,744
*Any contested amount of assessed value subject to appwl should not be included in the: gross assessed value of real estate.
*Amounts do not include non-taxable and government exempt property.
7. 2011p2012 neutralized net base assessed valuation of the allocation area: 2,917,600.
1.05931
1.01387
8. Lesser of line 3 or line 6 1.01387
9. Une 8 multiplied by line 7::: tentative new 2012p2013 neutralized base assessed value 2,958,070
Determination of Adequate Potential Captured Assessment (ThIs calculation wilt be specific to each allocation area within the county.)
1a. Amount of potential captured assessment in 2011p2012. Amount of net assessed value 2011p2012 minus 2011p2012 neutralized base NAV
2a. Abatement reductions, if any, in pre-reassessment values, scheduled to roll off in p2013
38. Real Grow1h, estimated in net assessed value first assessed for 2012p2013
4a. Tolal of line 1a plus line 2a ::: Adjusted Incremental NAV
Sa. 2011p2012 net tax rate or the TIF district
5h. Estimated 2012p2013 tax rale
6a. Tax revenue without reassessment line 4a divided by 100 mUltiplied by line 5a
6h. Tax revenue on real growth line 3a divided by 100 multiplied by line 5b
6c. Tolal estim~ted tax revenue without reassessment line 6a plus line 6b
7a. Amount of estimated captured assessment in 2012p2013. Une 6c divided by line Sb times 100
S
S
S
18,784,610
18,784,610
$1.9463
365,603
365,603
18,558,528
$ 1.97{}(}0
$
8a. 2012p2013 total net real estate assessed value of the TfF area (no deduction for base assessed value)
9a. Less 2012p2013 contested assessed value of Ihe TlF area (do not include appealed assessed value on real growth shown on line 3a)
iDa. Line Ba minus line 9a = 2012p2013 net assessed value of the TIF area
11 a. Less estimated captured assessment from line 7a
22,238,140
343,900
21,894,240
18,558,528
12a. Line iDa minus line 11a = tentative new base net assessed value
13a. Lesser aflne 9 or 12a::: 2012p2013 base assessed value, but no11ess Ihan SO
_____ --"'3,,,33"'5"',7-'1=-2 /
2,958,070
The amount on line 13a is the base amount to be used in the certification of the assessed valuation in those taxing districts containing the specific IfF district. This amount CANNOT be a negative number. If it does calculate to be a negative number. it must be adjusted to zero in order to continue the calculation.
14a. Line 13a divided by line 7::; final neutralization factor (factor multiplied by old parcel base::: new base assessed value)
The amount of potential captured assessed valuation of the specific TIF district will depend on whether Une 9 or Une 12a is used in determining Line 13a. (A) if Une 9 is used, the potential captured assessment is Line 10a minus Line 13a. (8) If Line 12a is used, the potential captured assessment is the amount on
Une 11A (C) If Line 13a is a negative number that must be adjusted to zero, the potential captured assessment is Line 10a.
Wnat is the potential captured assessment?
1.01387 /
(A) Line 9 is used for the base assessed valUation for Marchi, 2012.
(B) Line 12a was used for the base assessed valuation for March 1, 2012. __________ ~18~,~9~~,1~70"-~ *Thft amount indicated in either (A) or (8 is the amount shown as a minus amount in the cerlification of assessed valuation in those taxing districts containing the specffic TlF district.
15. What is the potential tax increment revenue for 2013?
/, Amy Gerstman, Auditor of Monroe County.
$
certify to the best of my knowledge that the above base assessed valuation calculation is fun, true and complete for the tax increment finance allocation area.
Dated this -''-''..L.--__
fh --;-JP"""""+-------, 2012.
AMY GERSTMAN County Auditor (printed name)
(Please submit the completed fonn to - Budget Director, Department of Local Government Finance, for action)
SEND COPY TO GOVERNING BODY OF DISTRICT
DEPARTMENT OF LOCAL GOVERNMENT FINANCE CERTIFICATION OF TIF INFORMATION
District Name: ~""t<...p~~ ~~"'~":'-.!I~
The base assessed valuation adjllstrnent, as certified, has been approved by the Department of Local Govemment Rnance this a.~",,'V day of d~j ,2012.
Commission emment Finance
373,043 /
Department of local Government Finance County Auditors Certificate of Adjustment to the Based Assessed Valuation ofTIF Districts
Identify the specmc allocation area if more than one allocation area is located in the county.
TIF District WESTSIDE
County Name MONROE COUNTY
Contacllnformation: Financial Advisor: FINANCIAL SOLUTIONS GROUP, INC. Name: Address:
Phone:
Amy Gerstman 501 N. Morton SL, Suite 216 Bloomlngton,lndiana 47404
812·34~2510
1. 2012p2013 Gross Real Estate Valuation" of the allocation area
2. 2011p2012 Gross Real Estate Valuation" of the allocation area
3. DMde line 1 by line 2 and carry to 5 decimal places
4. 2012p2013 Gross Rea! Estate Valuation" of the county
5. 2011p20t2 Gross Real Estate Valuation'" ofthe county
6. DNlde line 4 by line 5 and carry to 5 decimal places
Name: Greg Guerrettaz Address: 2680 E. Main SL, Suite 223
Plainfield, IN 46168
Phone: 317-<1374933
181,237,340
171,126,800
8,942,042,030
8,819,755,744
"Any contested amount of assessed value subject to appeal should not be included in the gross assessed value of real estate.
"Amounts do not Include non-taxable and government exempt property.
7. 2011p2012 neulraHzed net base assessed valuation of the allocation area: 53,867,310
1.05908
1.01387
8. Lesser of line 3 or line 6 1.01387
9. Une 8 multiplied by line 7::: tentative new 2012p2013 neutralized base assessed value 54,614,450
Determination of Adequate Potential Captured Assessment (This calculation will be specific to each aUocation area within .the county.)
18. Amount of potential captured assessment in 2011p2012. Amount of net assessed value 2011p2012 minus 2011p2012 neutralized base NAV
2a. Abatement red uctions, if any, in pre-reassessment values, scheduled to roll off in p2013
3a. Real Growth, estimated in net assessed value first assessed for 2012p2013
4a. Total of line 1a plus line 2a = Adjusted Incrementa! NAV
5a. 2011 p2012 nel tax rate of the TIF district
5b. Estimated 2012p2013 tax rate
6a. Tax: revenue without reassessment line 4a divided by 100 multiplied by line 5a
6b. Tax revenue on real growlh line 3a divided by 100 multiplied by fine 5b
6c. Total estimated tax revenue without reassessment line 6a plus line 6h
7a. Amount of estimated captured assessment in 2012p2013. Une 6c divided by line Sb times 100
$
S
S
95,810,747
1,100,000
96,910,747
$1.6720
1,620,304
1,620,304
91,542,599
$ 1.77000
$
8a. 2012p2013 lotal net real estate assessed value of the T1F area (no deduction for base assessed value)
9a. Less 2012p2013 contesled assessed value of the T1F area (do not include appealed assessed value on real gro'.'lth shown on line 3a)
lOa. Line 8a minus line 9a ;::; 2012p2013 net assessed value of the TIF area
11a. Less estimated captured assessment from line 7a
149,114,023
2,140,100
146,973,923
91,542,599
12a. Line 10a minus line l1a := tenlalive new base nel assessed value
_____ "'54"',"'61"'40:,4"'50"-. /
55,431,324
13a. Lesser of line 9 or 12a 0:: 2012p2013 base assessed value, but not less than SO
The amount on Line 13a Is the base amount to be used in the certification of the assessed valuation in those taxing districts containing the specific TIF district. This amount CANNOT be a negative number. If it does calculate to be a negative number, it must b9 adjusted to zero In order to continue tho calculation.
14a. Line 13a divided by line i = final neutralization factor (factor multiplied by ok! parcel base:= new base assessed value)
The amount of potential captured assessed valuation of the specific T1F district will depend on ,whether Une 9 or Line 12a is used in detennining Line 13a. (A) if Line 9 is used, the potential captured assessment is Line lOa minus Line 13a. (B) If line 12a is used, the potential captured assessment is the amount on
Une l1A. (C) If Line 13a is a negative number thai musl be adjusted to zero, the potential captured assessment is line 10a.
1.01387 /
VVhat is the potential captured assessment? (A) Line 9 is used for the base assessed valuation for March 1,2012. ___________ 9~2~.3~5~9~,4~70_3 ~ {B} Une 12a was used for the base assessed valuation for March 1,2012.
*The amount indicated in either (A) or (B is the amount shOlyn as a minus amount in the certification of assessed valuation in those taxing districts containing the specific TIP district
1-5. What is the potential tax increment revenue for 2013?
I, Amy Gerstman, Auditor of Monroe County,
$
certify 10 the best of my kno\'w1edge that the above base assessed valuation calculation is full, true and complete for the tax increment finance allocation area.
!J Ii 0 7 Dale t is v O . day of cJu.1fj ,2012.
;!Jbkffn1a.v . IWoY GERSTMAN County Auditor (signature) , County Auditor (printed name)
(Please submit the completed form to - Budget Director, Department of Local Government Finance, for action)
SEND COpy TO GOVERNING BODY OF DISTRICT
District Name: 1,..0-.) ~ --;,. \'0-4.
DEPARTMENT OF LOCAL GOVERNMENT FINANCE CERTIFICATION OF TIF INFORMATION
The base assessed valuation adjustment, as certified, has been approved by the Department of Local Government Finance this ~~\> day of ~u...... ,2012.
Commissio
1,634,763 /'
Department of Local Government Finance County Auditor's Certificate of Adjustment to the Based Assessed Valuatlon of TIF Districts
Identify the specific allocation area if more than one allocation area Is located in the county.
TIF District ADAMS CRDSSING
County Name MONROE COUNTY
Contact [nromalion: Financial Ad~sor: FINANCIAL SOLUTIONS GROUP,INC. Name: Address:
Phone:
Amy Gerstman 501 N. Morton St., Suite 216 Bloomington, Indiana 47404
812-349-2510
1. 2012p2013 Gross Real Estale Valuation'"" of the aUocatiOll area
2. 2011p2012 Gross Real Estate Valuation"" of the allocation area
3. Divide line 1 by line 2 and cany to 5 decimal places
4. 2012p2013 Gross Real Estate Valuation'"" of the county
5. 2011p2012 Gross Real Estate Valuation* of the county
6. Divide line 4 by line 5 and carry to 5 decimal places
Name: Greg Guerrettaz Address: 2680 E. Main St., Suite 223
Plainfield, IN 46168
Phone: 317~37-4933
41,758,400
42,714,900
8,942,042,030
8,819,755,744
*Any contest~d ;1mount of assessed value subject to appeal should not be included in the gross assessed value of real estate.
*Amounts do not ;nclude non-taxable and government exempt property.
7. 2011p2012 neutralized net base assessed valuation of the allocation area: 9,833,780
0.97761
1.01387
8. Lesser of line 3 or line 6 0.97761
9. Une 8 multiplied by line 7 == tentative new 2012p2013 neutralized base assessed vakJe 9,613,600
Determination of Adcquatn Potential Captured Assessment (This calculation will be specific to each allocation area within the county.)
1a. Amount of potential captured assessment in 2011p2012. Amount of net assessed value 2011 p2012 minus 2011p2012 neutralized base NAV
2a. Abatement reductions, if any, in pre-reassessment values, sche<luled to roll off in p2013
3a. Real Growth, estimated in net assessed value first assessed for2012p2013
4a. Total of line 1a plus line 2a = Adjusled Incremental NAV
Sa. 2011p2012 net tax rate of the TIF district
5b. Estimated 2012p2013 tax rate
6a. Tax revenue without reassessment line 4a divided by 100 mulliplied by line 5a
6b. Tax revenue on real gro ... .1h line 3a divided by 100 multiplied by line 5b
6c. Total estimated lax revenue without reassessment line 6a plus line 6b
7a. Amount of estimated captured assessment in 2012p2013. Line 6e divided by line 5b times 100
S
$
S
30,756,960
30,756,960
~1.9395
596,531
596,531
30,280,761
S 1.97000
S
8a. 2012p2013 total net real estate assessed value of the TlF area (no deduction for base assessed value)
9a. Less 2012p2013 contested assessed value afthe TfF area (do not include appealed assessed value on real growth shown on line 3a)
iDa. Line 8a minus line 9a ::: 2012p2013 net assessed value of the TIF area
11 a. Less estimated captured assessment from line 7a
12a, Line 10a minus line 11 a ::: tentative new base net assessed value
13a.lesserofJlne 9 or 12a::: 2012p2013 base assessed value, but not less than $0
The amount on Lina 13a is the base amount to be used in the certification of the assessed valuation in those taxing districts containing the specific TfF district lhis amount CANNOT bo a negative number. If it does calculate to be a negative number. It must be adjusted to zero in order to continue the calculation.
14a. Line 13a divided byline 7 = final neutralization factor (factor multiplied by old parcel base::: new base assessed value)
The amount of potential captured assessed valuation of the specific TIF district will depend on whether Une 9 or Line 12a is used in determining Line 13a. (A) if Line 9 is used, the potential captured assessment is Une iDa minus Une 13a. (B) IfUne 12a is used, the potential captured assessment is the amount on
line 11A. (C) If Line 13a is a negative number that must be adjusted to zero, the potential captured assessment is Line lOa.
Wnat Is the potential captured assessment?
39,889,700
39,889,700
30,280,761
9,608,939
/ 9,608,939
0.97761 /
(A) Line 9 is used for the base assessed valuation for Mard11, 2012.
(8) Line 12a was used for the base assessed valuation for March 1, 2012. _____ -'3~0,"'280~,7,,6~1 / *The amount indicated in either (A) or (B is the amount shown as a minus amount in the cerlHication of assessed vafuation in those taxing districts containing the specifIC TIF district.
15. What is the potential tax increment revenue for 2013?
I, Amy Gerstman, Audilor of Monroe County,
s
certify to the best of my knowfedge that the above base assessed valuation calculation is full, true and complete
for the tax increment finance allocatiJJon ea..
Dated tIS DJ}- dayo! ~UC-t.1 ,2012 .
..J ,7 j. . bJ/,lf 1>1. a-. ''f:(., AMY GERSTMAN
County Auditor (printed name)
{Please submit the completed form to - Budget DIrector, Department of Local Government Finance, for action}
SEND COPY TO GOVERNING BODY OF DISTRICT
DEPARTMENT OF LOCAL GOVERNMENT FINANCE CERTIFICA nON OF nF INFORMA nON
District Name: p., O~ C--Q.Q.~I~""-.l-
The base assessed valuation adjustment, as certified, has been approved by the Department of Local Government Finance this ~u~.) day of oJ "')-"--/ , 2012.
Commission emmen! Finance
596,531 /
Department of Local Government Finance County Auditor's Certificate of Adjustment to the Based Assessed Valuation of TlF Districts
Identify the specific allocation area if more than one allocation area is located in the counl)'.
TIF District KINSER-PROW
County Name MONROE COUNTY
Contact Information: Financial Advisor: FINANCIAL SOLUTIONS GROUP, INC. Name: Address:
.Phone:
Amy Gerstman 501 N. Morton St., Suite 216 Bloomington, Indiana 47404
812-349-2510
1. 2012p2013 Gross Real Estate Valuation" of the allocation area
2. 2011p2012 Gross Real Estate Valuation'" of the allocation area
3. Divide line 1 by line 2 and cany to 5 decimal places
4. 2012p2013 Gross Real Estate Valuation* of the county
5. 2011p2012 Gross Real Estate Valuation* of the county
6. Divide ]jne 4 by line S· and carry to 5 decimal places
Name: Greg GueITeltaz Address: 2680 E. Main St., Suite 223
Plainfield, IN 46168
Phone: 317-837-4933
10,770,100
10,474,400
8,942,042,030
8,819,755,744
*Any contested amollnt of assessed value subject to appeal should not be Included in the gross assessed value of real estate.
"Amounts do not include non-taxable and government exempt property,
7. 2011p2012 neutralized net base assessed yahJation OrUle allocation area: 5,114,700
1.02823
1.01387
8. Lesser of line 3 or line 6 1.01387
9. Line 8 multiplied by line 7 :;: tentative now 2012p2013 neutralized base assessed value 5,185,640
Determination of Adequate Potential Captured Assossment (This calculation will be specific to each allocation area within the county.)
1a. Amoun[ of polential captured assessment in 2011p2012. Amount of net assessed value 2011 p2012 minus 2011p2012 neutralized base NAV
28. Abatement reductions, if any, in pre-reassessment values, scheduled to roll off in p2013
3a. Real Growth, estimated in net assessed value first assessed for 2012p2013
4a. Total of line 1a plus line 2a = Adjusted Incremenlal NAV
5a. 2011p2012 net tax rate afthe TIF district
5b. Estimated 2012p2013 tax rate
6a. Tax revenue withou1 reassessment line 4a divided by 100 multiplied by line 5a
6b. lax revenue on real growth line 3a divided by 100 multiplied by line 5b
6c. Total estimated tax revenue without reassessment line 6a plus line 6b
7a. Amount of estimated captured assessment in 2012p2013. Line Sc dMded by line 5b times 100
$
S
S
4,368,698
4,368,698
$1.9395
84,731
84,731
4,301,066
$ 1.97000
S
8a. 2012p2013 tolal net rea! estate assessed value of the TfF area (no deduction for base assessed value}
9a. Less 2012p2013 contested assessed value of the TtF area (do not include appealed assessed value on real growth shown on line 38)
10a. Une 8a minus line 9a = 2012p2013 nefassessed value oflhe TIF area
11a. Less estimated captured assessment from line 7a
12a. Line 10a minus line t 1a = tentative new base net assessed value
13a. Lesser afline 9 or 12a = 2012p2013 base assessed value, but not less than SO
The amount on line 13a is the base amount to be used in the certification of the assessed valuation in those taxing districts containing the specific TlF district This amount CANNOT be a negative number. If it does calculate to be a negative number, it must be adjusted to zero In order to continue the calculation,
14a. Une 138 divided by line 7 = final neutralization factor (factor multiplied by old parcel base = new base assessed value)
ihe amount of polential captured assessed valuation of the specific TIF district will depend on whether Une 9 or Line 12a is used In determining Line 13a. (A) if Une 9 is used, the potential captured assessment is line 10a minus line 13a. (8) If Line 12a is used, the potential captured assessment is the amount on
Une 11A. (C) If Une 13a is a negative number that must be adjusted to zero, the potential captured assessment is Line 10a.
What is the potential captured assessment? (A) Line 9 is used for the base assessed valuation for March 1,2012.
(8) Une 12a was used for the base assessed valuation for March 1, 2012.
""The amount indicated in either (A) or (8 is the amount shown as a minus amount in the certification of assessed valuation in those taxing districts containing the specific TfF district.
15. What is the potential tax increment revenue for 2013?
I, Amy Gerstman, Auditor of Monroe County,
s
s
certify to the best of my knowledge that the above base assessed valuation calculation is full, true and complete for the tax increment finance allocation area.
'J}h .(/f)
9,809,720
9,809,720
4,301,066
1.01387 /
4,624,080 /
91,094 /
Oaled Ihis ,2D , daYOfd_.:crL"'J-Gjc.L"C:;-________ , 2012.
a~ /iM4~ % $1«- -=:=-;===:ASMY=GC:':'E=RSC';T~MA"'N ___ _ JCounty Auditor (signature) 0 County Auditor (printed name)
(Please submit the completed form to - Budget Director, Department of Local GOvernment Finance, for action)
SEND COPY TO GOVERNING BODY OF DISTRICT
DEPARTMENT OF LOCAL GOVERNMENT FINANCE CERTIFICATION OF TIF INFORMATION
The base assessed valuation adjustmen~ as certified, has been approved by the Department of local Government Finance this ~~'() day of ~ ...)"':::1 __ ,2012..
Commission
Department of local Government Finance . County Auditor's Certificate of Adjustment to the Based Assessed Valuation of TlF Districts
Identify the specific allocation area IT more than one allocation area is located in the county.
TIF District WHITEHALUGATES
County Name MONROE COUNTY
Contact Information: Financial Advisor: FINANCIAL SOLUTIONS GROUP, INC. Name: Amy Gerstman Name: Greg Guerretta,z Address: 501 N. Morton St, Suite 216
Bloomington, Indiana 47404 Address: 2680 E. Main St., Suite 223
Plainfield, IN 46168
Phone: 812-349-2510 Phooo: 317-1337-4933
1. 2012p2013 Gross Real Estate Valuation'" of the allocation area 66,873,200
2. 2011p2012 Gross Real Estate Valuation'" of the allocalion area 67,748,700
3. Divide line 1 by line 2 and carry to 5 decimal places
4. 2012p2013 Gross Real Estate Valuation'" of the county 8,942,042,030
5. 2011p2012 Gross Real Estate Valuation'" of the county 8,819,755,744
6. Divide line 4 by line 5 and carry to 5 decimal places
"'Any contested amount of assessed value subject to appeal should not be included in the gross assessed value of real estate.
"'Amounts do not Include non-taxable and government exempt properly.
7. 2D11p2012 neutralized net base assessed valuation of the allocation area:
8. Lesser of line 3 or line 6
9. Line 8 muttiplied by line 7 = tentative new 2012p2013 neutralized base assessed value
Determination of Adequate Potential Captured Assessmnnt (This calculation will be specific to each allocation area within the county.)
1a. Amount of potential captured assessment in 2011p2012. Am~unt of net assessed value 2011p~012 minus 2011p2012 neutralized base NAV
2a. Abatement reductions, if any, in pre-reassessment values, scheduled to roll off in p2013
3a. Real GrO\vth, estimated in net assessed value first assessed for 2012p2013
4a. Total of line 1a plus line 2a "'" Adjusted Incremental NAY
5a. 2011p2012 net tax rate of the TIF district
5b. Estimated 2012p2013 tax rate
6a. Tax revenue without reassessment line 4a divided by 100 multiplied by line Sa
6b. Tax revenue on real grOl.'Ith line 3a divided by 100 multiplied by line 5b
6e. Total estimated tax revenue without reassessment line 6a plus line 6b
7a. Amount of estimated captured assessment in 2012p2013. line 6c divided by line 5b times 100
$
S
S
0.98708
1.01387
0.98708
67,620,700
67,620,700
$2.0243
1,368,815
1,368,815
66,n1,463
. $ 2.05000
$
8a. 2012p2013 tolal net real estate assessed value of the TIF area (no deduction for base assessed value)
9a. Less 2012p2013 contested assessed value of the TIF area (do not include appealed assessed value on real growth shown on line 3a)
1 Oa. Line 8a minus line 9a = 2012p2013 net assessed value of the TlF area
11a. Less estimated captured assessment from line 78
12a. Line 10a minus line 11a:= tentative new base net assessed value
13a. Lesser of Hne 9 or 12a ::; 2012p2013 base assessed value, but not less than SO
The amount on Lioe 13a is the base amount to b9 used in the certification of the assessed valuation in . those taxing districts containing the specific TlF district This amount CANNOT be a negative number. If it does calculate to be a negative number, It must be adjusted to zoro in order to continue the calculation.
14a. Line 13a divided by line 7:= final neutralization factor (factor mulliplied by old parcel base = new base assessed value)
The amount of potential captured assessed valuation of the specific IIF district will depend on whether Une 9 or Line 12a is used in determining Line 13a. (A} if Une 9 is used, the potential captured assessment is Line 10a minus Une 13a. (8) JfUne 12a is used, the potential captured assessment is the amount Dn
Une 11A. (C) If line 13a is a negative number that must be adjusted to zero, the potential captured assessment is line 10a.
What is tne- potential captured assessment? (A) Line 9 is used for the base assessed valuation for March 1, 2012.
(8) Line 12a was used for the base assessed valuation for March 1,2012.
7he amount indicated in eHher (A) or (8 is the amount shown as a minus amount in the certification of assessed valuation in lhose taxing districts containing the specifIC TlF district.
15. What is the potential tax increment revenue for 2013?
I, Amy Gerstman, Auditor of Monroe County,
$
$
certify to the best of my kr'lOwledge that the above base assessed valuation calculation is full, true and complete for the tax increment finance anocat]iOn rea.
3 ·J/..- & Daled his 0 - day 01 V- / ,2012. /1 J.
'~A J'1?V- ,: 'XL AMY GERSTMAN County Auditor (signature) \. County Auditor (printed name)
(Please submit the completed form to • Budget Director, Department of Local Government Finance. for action)
SEND COPY TO GOVERNING BODY OF DISTRICT
DEPARTMENT OF LOCAL GOVERNMENT FINANCE CERTIFICA nON OF TIF INFORMATiON
District Name: \...fo..)-u---.~ U-n",,-,,- J 6--~
The base assessed valuation adjustment, as certified, has been approved by Ihe Department of Local Government Financethls ~~Q day of ~v.~J' ,2012.
Commission emmen! Finance
66,873,200
10,185,700
56,687,500
66,771,463
(10,083,963)
J
0.00000 /
56,687,500 I
1,162,094 /
Department of Local Government Finance County Auditor's Certificate of Adjustment to the Based Assessed Valuation of TIF Districts
Identify the specific allocation area if more than one allocation area is located in the county.
TIF District TAPP ROAD
County Name MONROE COUmY
Conlact Information: Rnancial Advisor. FINANCIAL SOLUTIONS GROUP, INC. Name: Address:
Phone:
Amy Gerstman 501 N. Morton St., Suite 216 Bloomington. Indiana 47404
812-349-2510
1. 2012p2013 Gross Real Estate Valuation- of the allocation area
2. 2011p2012 Gross Real Estate Valuation;> of the allocation area
3. Divide line 1 by line 2 and cany to 5 decimal places
4. 2012p2013 Gross Real Estate Valuation;> of the county
5. 2011p2012 Gross Real Estate Valuation" of the county
6. Divide line 4 by line 5 and carry to 5 decimal places
Name: Greg Guerrettaz !\ddress: 2680 E Main St., Suite 223
Plainfield, IN 46168
Phone: 317-837-4933
17,545,700
16,477,600
8,942,042,030
8,819,755,744
"Any contested amount of assessed value subject to appeal should not be included in the gross assessed value of rear estate.
*Amounts do not include non-taxable and government exempt property.
7. 2011 p2012 neutralized net base assessed valuation of the allocation area: 534,710
1.06482
1.01387
8. Lesser of line 3 or line 6 1.01387
9. Une 8 multiplied by line 7:: tentative new2012p2013 neutralized base assessed value 542,130
Determination of Adequate Potential Captured Assessment (This calculation will be specific to each allocation area within the county.)
1 a. Amount of potentia! captured assessment in 2011 p2012. Amount of net assessed value 2011 p2012 minus 2011p2012 neutralized base NAV
2a. Abatement reductions, if any, in pre-reassessment values, scheduled to roll off in p2013
3a. Rea! Gro\'1th, estimated in nef assessed value first assessed for 2012p2013
4a. T olal of line 1 a plus line 28 = Adjusted Incremental NAV
Sa. 2011 p2012 net tax rate of the TIF district
5b. Estimated 2012p2013 lax rate
6a. Tax revenue without reassessment line 4a divided by 100 multiplied by line Sa
6b. Tax revenue on rea! growth fine 3a divided by 100 multiplied by fine 5b
6c. Total estimated tax revenue without reassessment line 6a plus line 6b
7a. Amount of estimated captured assessment in 2012p2013. Une 6c divided by line 5b limes 100
S
$
$
12,405,910
12,405,910
$1.9395
240,613
240,613
12,213,858
$ 1.97000
S
6a. 2012p2013 total net real estate assessed value of the TIF area (no deduction for base assessed value)
9a. Less 2_012p2013 contested assessed value of the TIF area (do not indude appealed assessed value on realgro','llh shown on line 3a)
lOa. line 8a minus line 9a = 2012p2013 net assessed value of the T1F area
11a. Less estimated captured assessment from line 7a
12a. Line 10a minus line 11a = tentative new base net assessed value
13a. Lesser of line 9 or 12a "" 2012p2013 base assessed value, but not less than $0
The amount on Line 13a Is the base amount to be used jn the certification of the assessed valuation In those taxing districts containing the specific TIF district. This amount CANNOT be a negative number. If it does calculate to be a negative number, it must be adjusted to zero in ardor to continue the calculation.
14a. Une 13a divided by line 7 "" final neutralization factor (factor multiplied by old parcel base = new base assessed value)
The amount of potential captured assessed valuation of the specific TIF district will depend on whether Line 9 or Line 12a is used in detennining Line 13a. (A) if Line 9 is used, the potentia! captured assessment Is Une lOa minus Line 13a. (8) If Une 12a is used, the potential captured assessment is the amount on
Une 11A. (C) If Line 13a is a negative number that must be adjusted to zero, the potential captured assessment is Une iDa.
What is the potential captured assessment? (A) Une 9 is used for the base assessed valuation for March 1, 2012.
(8) Line 12a was used for the base assessed valuation for March 1,2012.
"'The amount indicated in either (A) or (B is the amount shown as a mInus amount in lhe certification of assessed valuation in those taxing districts containing the specific TlF district.
15. VVhat is the potential tax increment revenue for 2013?
I, Amy Gerstman, Auditor of Monroe County,
$
$
certify to the best of my knowledge that the above base assessed valuation calculation is full, true and complete for the tax increment finance allocation area.
Datejl-\his 3D ~ day of '-.!1~ , L-l1~ 4ih~ Lf?y j!-/;G
,2012.
AMY GERSTMAN County Auditor (printed name)
(prease submit the completed form to - Budget Director, Department of local Government Financel for action)
SEND COPY TO GOVERNING BODY OF DISTRICT
DEPARTMENT OF LOCAL GOVERNMENT FINANCE CERTIFICATION OF TIF INFORMATION
District Name: ,.-~ Q..u~
The base assessed valuation adjustment, as certified, has been approved by the Department of Local Government Financethis~.Q7T""'''-<)dayof ~v\...y ,2012.
, Commi ot of l( /:;ovemment Finance
13,142,420
13,142,420
12,213,858
928,562 / 542,130
'1.01387 /
12,600,290 '/
248,226/'
Department of local Government Finance County Auditor's Certificate of Adjustment to the Based Assessed Valuation of TIF Districts
Identify the spedfic allocation area if more than one allocation area is located in the county.
TIF District STROAD46
County Name MONROE COUNTY
Contact Information: Finandal Advisor. FINANCIAL SOLUTIONS GROUP, INC. Name: Address:
Phone:
Amy Gerstman 501 N. Morton St., Suite 216 Bloomington, Indiana 47404
812-349-2510
1. 2012p2013 Gross Real Estate Valuation'" of the allocation area
2. 2011p2012 Gross Real Estate Valualion* of the allocation area
3. Divide line 1 by line 2 and carry to 5 dedmal places
4. 2012p2013 Gross Real Estate Valuation" of the county
5. 2011p2D12 Gross Real Estate Valuation* of the county
6. Divide Hne 4 by line 5 and carry 10 5 dedrnal places
Name: Greg Guerrettaz Address: 2680 E. Main St., Suite 223
Plainfield,lN 46168
Phone: 317-1337-4933
21.380.100
18,455,500
8.942.042,030
8,819.755,744
"'Any contested amount of assessed value subject to appeal should not be included In the gross assessed value of real estate.
*Amounts do not {nclude non~taxab/e and government exempt properly.
7. 2011p2012 neutralized net baSe assessed valuation of the allocation area: 7,709,920
1.15847
1.01387
8. Lesser of line 3 or line 6 1.01387
9. Line 8 multiplied by line 7 = tentative new 2012p2013 neutralized base assessed value 7,816,860
Detennination of Adequate Potential Captured Assessment (This calculation will be specific- to each allocation area within the- county.)
1a. Amount of potential captured assessment In 2011p2012. Amount of net assessed value 2011p2.012 minus 2011p2012 neutralized base NAV
2a. Abatement reductions, jf any, in pre-reassessment values, scheduled to roll off in p2013
3a. Real Growth, estimated in net assessed value first assessed for 2012p2013
4a. Tolal aflkle 1a plus line 2a = Adjusted Incremental NAV
Sa. 2011p2012 net tax rate of the TIF district
5b. Estimated 2012p2013tax rate
6a. Tax: revenue without reassessment Hne 4a divided by 100 multiplied by line 5a
6b. Tax revenue on real growth line 3a divkled by 100 multiplied by line 5b
6c. Total estimated tax revenue without reassessment line 6a plus line 6b
7a. Amount of estimated captured assessment in 2012p2013. Une 6c drvlded by line 5b times 100
S
$
$
7.901,504
7,901,504
$1.446790
114.318
114.318
7.672,349
$ 1.49000
$
8a. 2012p2013 total net real estate assessed value of the TtF area (no deduction for base assessed value)
.9a. Less 2012p2013 c:onteslC<f aS$Cssed value of the TIF area (do not include appealed assessed value on real growth shown on line 3a)
10a. Line aa minllS line 9a :0: 2012p2013 net assessed value of the TIF area
11 a. Less estimated captured assessment from line 7a
18,556,271
18,556,271
7,672,349
12a. Line 10a minus line 11a:o: tentative new base oet,as~essed value
13a. Lesser of line 9 or 12a =- 2012p2013 base assessed value, but not less than SO
10,883,922 /
__________ ~7~,8~1~6~,8~6~0
The amount on Line 13a Is the base amount to be used in the certification of the assessed valuation in those taxing districts containing the specific TIF district This amount CANNOT be a negative number. If it does calculate to be a negative number, it must be adjusted to zero in order to continue the calculation.
14a. Line 13a divided by line 7::: final neutralization factor (factor muttiplied by old parcel base::: new base assessed value)
The amount of potential captured assessed valuation of the specific jlF district will depend on whether Une 9 or Line 12a is used in determining Line 13a. (A) if Une 9 is used, the potential captured assessment is Line 10a minus Une 13a. (8) If Line 12a is used, the potential captured assessment Is the amount on
Une 11A. (C) If line 13a is a negative number that must be adjusted to zero, the potential captured assessment is Une 10a,
What is the potential captured assessment? (A) Une 9 is used for the base assessed valuation for Mard11, 2012.
(B) Line 12a was used for the base assessed valuation for March 1,2012.
*Tlle amount indicated in either (A) or (8 is llle amount shown as a minus amount in the certification of assessed valvation in those taxing districts containing the Specif1C TlF district
15. VVhat is the potential tax increment revenue for 2013?
I, Amy Gerstman, Auditor of Monroe County,
$
certify to the best of my knowledge that the above base assessed valuation calculation Is full, true and complele
for the lax incr:men~ance alloca1l09'ea.
1.01387 /
10.739,411/
160,017 /
Daled Ihis 1- day of d u1V ,2012.
J>V<..-.. iJL -:)-1£ ====,;A3M",Y=Gc:E:::R=-S~TMA=N,--~~~_ County Auditor {printed name}
(Please submit the completed form to • Budget Director, Department of Local Gove-rome-nt Finance. for action)
SEND COpy TO GOVERNING BODY OF DISTRICT
DEPARTMENT OF LOCAL GOVERNMENT FINANCE CERTIFICATION OF TIF INFORMATION
District Name: ~ a.o..~ \.:\ "f
The base assessed valuation adjustment, as certified, has been approved by the Department of Local Government Finance this ~""\O day of ~. ,2012.
Commissl overnment Rnance
Department of Local Government Finance County Auditor's Certificate of Adjustment to the Based Assessed Valuation of TIF Districts
Identify the specific allocation area if more than one allocation area is located in the county.
TIF District FULLERTON PIKE
County Name MONROE COUN1Y
Contact Information: Financial Advisor: FINANClAL SOLUTIONS GROUP, INC. Name: Address:
Phone;
Amy Gerstman 501 N. Morton St., Suite 216 Bloomington, Indiana 47404
812-34!}-251O
1. 2012p2013 Gross Real Eslate Valuation* of the allocalion area
2. 2011p2012 Gross Real Estate Valuation'" of the allocation area
3. DMde line 1 by line 2 and cany to 5 decimal places
4. 2012p2013 Gross Real Estate Valuation* of the county
5. 2011p2012 Gross Real Estate Valuation" of lhe county
6. Divide line 4 by line 5 and cany to 5 decimal places
Name: Greg Guerrettaz Address: 2680 E. Main St., Suite 223
Plainfield, IN 46168
Phone: 317-837-4933
25,529,200
25,504,000
8,942,042,030
8,819,755,744
"Any contested amount of assessed value subject to appeal should not be included in the gross assessed value of real estate.
""Amounts do not include non-taxable and government exempt property.
7. 2011p2012 neutralized net base assessed valuation ofthe aHocation area: 2,406,990
1.00099
1.01387
8. Lesser of line 3 or line 6 1.00099
9. Line 8 multiplied by line 7::: tentatiVe new 2012p2013 neu1ralized base assessed value 2,409,370
Determination of Adequate Potenlial Captured Assessment (This CalculatIon will be specific to each allocation area within the county.}
1a. Amount of potential captured assessment in 2011p2012. Amount of net assessed value 2011 p2012 minus 2011p2012 neutralized base NAY
2a. Abatement reductions, if any, in pre-reassessment values, scheduled to roll off in p2013
3a. Real Growth, estimated in net assessed value first assessed for 2012p2013
4a. Total or line 1a plus line 2a =- Adjusted Incremental NAY
Sa. 2011p2012 net tax rate of the TIF district
5b. Estimated 2012p2013 lax rate
6a. Tax revenue without reassessment line 4a diVided by 100 multiplied by line 5a
6b. Tax revenue on real growth fine 3a divided by 100 multiplied by line 5b
6e. Total estimated tax revenue without reassessment line 6a plus line 6b
7a. Amount of estimated caplured assessment in 2012p2013. Line 6c divided by line 5b times 100
$
$
S
23,043,501
23,043,501
$1.2695
292,537
292,537
22,677,287
S 1.29000
$
Sa. 2012p2013 total net real estate assessed value of the TIF area (no deduction for base assessed value)
9a. Less 2012p2013 contested assessed value of the TIF area (do not include appealed assessed value on real growth shown on line 3a)
10a. Line 8a minus Hne 9a := 2012p2013 net assessed value of the TlF area
11a. Less estimated captured assessment from line 7a
12a. Line 10a minus line 11a :: tentative new base net assessed value
13a. Lesser of line 9 or 12a = 2012p2013 base assessed value, but not less than SO
The amount on Line 13a Is the base amount to be used in the certification of the assessed valuation in those taxing districts containing 1~e specific TIF district This amount CANNOT be a negative number. If it does calculate to be a negative number, it must be adjusted to zero in order to (;ontinue the calculation.
14a. Line 13a divided by line 7:= final neutralization factor (factor multiplied by old parcel base "" new base assessed value)
The amount of potential captured assessed valuation of the specific TlF district will depend on whether Une 9 orUne 12a is used in determining Line 13a. (A) if Une 9 is used, the potential captured assessmenf is Line iDa minus Une 13a. (B) If Line 12a is used, the potential captured assessment is the amount on
Une 11A. (C) If Une 13a is a negative numbe.r that must be adjusted 10 zero, the potential captured assessment is Line 10a.
\!Vhat is the potential captured assessment? (A) Une 9 is used for the base assessed valuation for March 1,2012.
{B} Une 12a VIas used for the base assessed valuation for March 1, 2012.
*The amount indicated in either (AJ or (8 is the amount shown as a minus amount in Lhe certification of assessed valuation in those taxing districts containing the specific rtF district.
15. What is the potential tax increment revenue for 2013?
I, Amy Gerstman, Auditor of Monroe County, certify to the best of my knowledge that the above base assessed valuation calculation is full, tnJe and complete for the tax incrementanee allocauo~a(fa.
Dale<! )!lis _ 3-0 day of (-3- Ufy , 2012.
ClAlUt,,?}.uI4Fm_<,_ '1~,j lX AMY GERSTMAN I.JCounty Auditor (signature) County Auditor (printed name)
(Please submit the completed form to - Budget Director, Department of Local Government Finance, for action)
SEND COpy TO GOVERNING BODY OF DISTRICT
DEPARTMENT OF LOCAL GOVERNMENT FINANCE CERTIFICA nON OF TlF INFORMATION
District Name: h ...... L.\-'l~ ~~'d'
The base assessed valuation adjustment, as certified, has been approved by the Department of Local Govemment Rnanee this ~~"'~ day of ~ .:>--y ,2012.
Commissio vemmenl Rnanee
25,476,068
25,476,068
22,677,287
2,798,781
/ 2,409,370
1.00099 /
297,560 /
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