Uif!ftujnbuf!pg!uby!sfwfovf!epft!opu!jodmvef!uby!sfwfovf!bttpdjbufe!xjui!uif!wbmvf!pg!uif!uisff!nvmuj. <br />gbnjmz!cvjmejoht!jo!uifjs!gjstu!21!zfbst-!up!bddpvou!gps!uif!21.zfbs!Nvmuj.Voju!Qspqfsuz!Uby!Fyfnqujpo! <br />)NVQUF*/!XEB!ibt!tubufe!ju!xjmm!qvstvf!b!NVQUF!po!uif!uisff!fmjhjcmf!nvmuj.gbnjmz!qspqfsujft-!xijdi!jt! <br />tvckfdu!up!Djuz!Dpvodjm!bqqspwbm/! <br />Uif!Ejtusjdu!dvssfoumz!hfofsbuft!%27/7263!qfs!%2-111!pg!bttfttfe!wbmvf/!Tubgg!dbmdvmbufe!uif!boovbm! <br />sfwfovf!hfofsbufe!cz!uif!Epxoupxo!Sjwfsgspou!sfefwfmpqnfou-!tipxo!cfmpx!jo!Gjhvsf!4/!Uif!Gjhvsf! <br />2 <br />tipxt!uif!upubm!sfwfovf!hfofsbufe!cz!uif!uby!sbuft!uibu!bsf!dvssfoumz!ejsfdufe!up!uif!Sjwfsgspou!VS! <br />Ejtusjdu/!!! <br />Figure 3. Estimated Annual Tax Revenue from New Assessed Value, Riverfront Urban <br />Renewal District, 2019-2024 <br />$1,000,000 <br />$800,000 <br />$600,000 <br />$400,000 <br />$200,000 <br />$0 <br />201920202021202220232024 <br />! <br />Note: Tax revenues are based on an assumed collection rate of 94%. <br />Gjhvsf!4!tipxt!uibu!uif!bsfb!hfofsbuft!bmnptu!op!qspqfsuz!uby!sfwfovf!jo!312:/!Uif!wbdbou!mboe!jt! <br />qsjnbsjmz!jo!qvcmjd!pxofstijq!xijdi!epft!opu!hfofsbuf!uby!sfwfovf/!Jg!uif!tjuf!jt!opu!efwfmpqfe-!ju!xjmm! <br />dpoujovf!up!hfofsbuf!bmnptu!op!qspqfsuz!uby!sfwfovf/! <br />Jo!3131-!bcpvu!pof.uijse!pg!uif!mboe!xpvme!usbotgfs!up!jo!qsjwbuf!pxofstijq-!hfofsbujoh!bcpvu!%51-111!pg! <br />ofx!uby!sfwfovf/!Jo!3135-!uif!sfefwfmpqnfou!jt!fyqfdufe!up!hfofsbuf!bcpvu!%:11-111!up!uif!Ejtusjdu/!Uif! <br />upubm!uby!sfwfovf!jt!bggfdufe!cz!uisff!lfz!bttvnqujpot;! <br /> <br />Gspn!3132!up!3134-!mboe!boe!ofx!cvjmejoht!dpnf!poup!uif!uby!spmmt/! <br />3 <br /> <br />Uif!uisff!nvmuj.gbnjmz!sfoubm!qspqfsujft!xpvme!cf!fyfnqu!gspn!qspqfsuz!ubyft-!bttvnjoh!uifz! <br />xpvme!sfdfjwf!b!NVQUF!)cvu!uif!mboe!voefs!uiptf!cvjmejoht!xjmm!hfofsbuf!uby!sfwfovf*/!Uif! <br />bobmztjt!bttvnft!pof!nvmuj.gbnjmz!cvjmejoh!jt!cvjmu!qfs!zfbs!gspn!3131!up!3134-!fbdi!cvjmejoh!jt! <br />fyfnqu!gps!21!zfbst-!boe!uif!uisff!nvmuj.gbnjmz!cvjmejoht!dpnf!poup!uif!uby!spmmt!gspn!3141!up! <br />3144/!Gps!uijt!bobmztjt-!uif!wbmvf!pg!uif!uby!fyfnqujpo!jt!ftujnbufe!up!cf!b!upubm!pg!%5/8!njmmjpo!gps! <br />uif!21.zfbs!qfsjpe/! <br />!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! <br />1 <br /> <br />Tubgg!bqqmjfe!bo!bttvnfe!dpmmfdujpo!sbuf!gps!qspqfsuz!ubyft!pg!:5&!up!dbmdvmbuf!ftujnbuf!uby!sfwfovft/! <br />3 Uif!bobmztjt!ftujnbuft!uby!sfwfovf!qfs!zfbs!boe!epft!opu!ejtujohvjti!cfuxffo!dbmfoebs!boe!gjtdbm!zfbs/!Uif!ujnjoh! <br />pg!uif!mboe!qvsdibtf!boe!dpotusvdujpo!dpnqmfujpo!ebuft!dbo!bggfdu!uif!uby!wbmvf!jo!jut!gjstu!zfbs!pg!cfjoh!po!uif!uby! <br />spmmt/!Uijt!bobmztjt!epft!opu!buufnqu!up!ftujnbuf!wbmvft!bu!tvdi!b!qsfdjtf!mfwfm!pg!efubjm/! <br />Cost-Benefit Analysis: Redeveloping the Downtown Riverfront Site - July 3, 2018 Page 9 <br />