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PILOTs: 100% of the incremental increase in property tax revenues resulting from the annual increase in property valuations over the base property valuation certified at project approval.
EATs: 50% of the incremental increase in local eligible sales tax revenues (City, County, Zoo District, 39th Street TDD, Crackerneck Creek TDD) over the based sales levels in the year before TIF collection was activated ($0).
Bass Pro Lease Payments:
State TIF Revenues: The TIF revenues allocated pursuant to the Certificate of Approval for the Crackerneck Creek TIF Plan (November 2, 2005) are allocated to repayment of the Crackerneck Creek debt. This revenue stream
consists of the lesser of (a) 50% of the 3% general revenue portion of the state sales tax collected on net new sales in the TIF area (includes approximately 40% of the sales at Bass Pro and other retailers in the area) or (b) a schedule of annual payments as attached to the Certificate.
Outstanding Economic Development Bonds for Crackerneck Creek: