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New Investment $ 500,000,000
<br />Overlapping Tax Rate $ 18.88
<br /> 2007 2008 2009 2010 2011
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<br />2006 Investment $ 200,000,000 $134,000,000 $ 92,000,000 $ 58,000,000
<br />2007 Investment $ 150,000,000 $100,500,000 $ 69,000,000 $ 43,500,000
<br />2008 Investment $ 150,000,000 $100,500,000 $ 69,000,000 $ 43,500,000
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<br /> Assessed Value $134,000,000 $192,500,000 $ 227,500,000 $ 112,500,000 $ 43,500,000
<br /> Total Tax Liability
<br /> Tax Liability $ 2,529,920 $ 3,634,400 $ 4,295,200 $ 2,124,000 $ 821,280 $ 13,404,800
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<br /> Assumpti ns: Tax Exemption:
<br /> Number of new jobs created 95 Total 3yr Tax Liability on $500M investment $ 13,404,800
<br /> Number of retained jobs 0
<br /> Number of retained jobs w/pay greater 0 Exemption under job creation cap $ 2,850,000
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<br /> than avg. County wage (living wage) 0 Exemption under job retention cap $ -
<br /> Total tax exemption granted under the cap $ 2,850,000
<br /> Cap per job created $ 30,000 Min. tax exemption under 1/3 reduction rule $ 8,981,216
<br /> Cap per living wage job retained $
<br /> Tax exemption granted $ 8,981,216 67%
<br /> Payment to Zone Sponsor $ 4,423,584
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