Method of Expenditure of Public Funds Subtype/Description Value of Incentive Ward Appendix I: Detailed Economic Development Budget by Incentive Type Agency Recipient Expenditures on Contracts Cleveland Park Library Renovation $2,563,575 3 DCPL not specified General Improvements - Libraries $1,577,285 not specified DCPL not specified Information Technology Modernization $345,000 not specified DCPL not specified Lamont Riggs Library $2,950,000 5 DCPL not specified Martin Luther King Jr Memorial Library $20,000,000 2 DCPL not specified Southwest Library $3,550,000 6 DCPL not specified ADA Compliance $2,000,000 not specified DCPS not specified Anne M. Goding ES $1,400,000 6 DCPS not specified Ballou SHS $11,309,000 8 DCPS not specified Boiler Repairs $2,000,000 not specified DCPS not specified Brookland MS Modernization $8,000,000 5 DCPS not specified Coolidge Hish School Modernization $3,000,000 4 DCPS not specified DC Student Tracking & Reporting System $2,000,000 not specified DCPS not specified DCPS IT Infrastructure Upgrade $4,500,000 not specified DCPS not specified Ellington Modernization / Renovation $83,600,000 2 DCPS not specified ES/MS Modernization Capital Labor Program $5,340,256 not specified DCPS not specified Francis/Stevens ES Modernization $2,500,000 2 DCPS not specified Garrison ES Modernization $16,000,000 2 DCPS not specified General Miscellaneous Repairs $5,879,250 not specified DCPS not specified Hearst ES Modernization / Renovation $14,500,000 3 DCPS not specified District of Columbia Unified Economic Development Report on Proposed FY15 Budget Page 1 of 16 in Appendix I
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Method of Expenditure
of Public Funds
Subtype/Description Value of Incentive
Ward
Appendix I: Detailed Economic Development Budget by Incentive Type
AgencyRecipient
Expenditures on Contracts
Cleveland Park Library Renovation
$2,563,575 3DCPLnot specified
General Improvements - Libraries
$1,577,285 not specifiedDCPLnot specified
Information Technology Modernization
$345,000 not specifiedDCPLnot specified
Lamont Riggs Library $2,950,000 5DCPLnot specified
Martin Luther King Jr Memorial Library
$20,000,000 2DCPLnot specified
Southwest Library $3,550,000 6DCPLnot specified
ADA Compliance $2,000,000 not specifiedDCPSnot specified
Anne M. Goding ES $1,400,000 6DCPSnot specified
Ballou SHS $11,309,000 8DCPSnot specified
Boiler Repairs $2,000,000 not specifiedDCPSnot specified
Brookland MS Modernization $8,000,000 5DCPSnot specified
Coolidge Hish School Modernization
$3,000,000 4DCPSnot specified
DC Student Tracking & Reporting System
$2,000,000 not specifiedDCPSnot specified
DCPS IT Infrastructure Upgrade $4,500,000 not specifiedDCPSnot specified
Ellington Modernization / Renovation
$83,600,000 2DCPSnot specified
ES/MS Modernization Capital Labor Program
$5,340,256 not specifiedDCPSnot specified
Francis/Stevens ES Modernization
$2,500,000 2DCPSnot specified
Garrison ES Modernization $16,000,000 2DCPSnot specified
General Miscellaneous Repairs $5,879,250 not specifiedDCPSnot specified
Hearst ES Modernization / Renovation
$14,500,000 3DCPSnot specified
District of Columbia Unified Economic Development Report on Proposed FY15 Budget
Page 1 of 16 in Appendix I
Method of Expenditure
of Public Funds
Subtype/Description Value of Incentive
Ward
Appendix I: Detailed Economic Development Budget by Incentive Type
AgencyRecipient
Expenditures on Contracts
High School Labor - Program Management
$6,971,511 not specifiedDCPSnot specified
Kramer MS Modernization / Renovation
$9,000,000 8DCPSnot specified
Lafayette ES Modernization / Renovation
$20,341,000 4DCPSnot specified
Langdon ES Modernization $6,692,000 5DCPSnot specified
Life Safety $1,000,000 not specifiedDCPSnot specified
Major Repairs/Maintenance $8,379,250 not specifiedDCPSnot specified
Mann ES Modernization / Renovation
$5,500,000 3DCPSnot specified
Murch ES Modernization $6,638,774 3DCPSnot specified
Orr ES Modernization / Renovation
$3,000,000 8DCPSnot specified
Powell ES Modernization $9,909,000 4DCPSnot specified
Project Management / Professional Fees
$933,000 not specifiedDCPSnot specified
River Terrace Special Education Center
$17,626,000 7DCPSnot specified
Roof Repairs $1,963,000 not specifiedDCPSnot specified
Roosevelt HS Modernization $75,870,000 4DCPSnot specified
Rose/Reno School Small Cap Project
$3,401,000 3DCPSnot specified
Selective Additions / New Construction Labor
$1,282,000 not specifiedDCPSnot specified
Shepherd ES Modernization / Renovation
$8,167,000 4DCPSnot specified
Special Education Classrooms $1,009,000 not specifiedDCPSnot specified
Spingarn Career and Technical Education
$31,521,000 5DCPSnot specified
Stabilization Capital Labor - Program Mgmt
$426,256 not specifiedDCPSnot specified
District of Columbia Unified Economic Development Report on Proposed FY15 Budget
Page 2 of 16 in Appendix I
Method of Expenditure
of Public Funds
Subtype/Description Value of Incentive
Ward
Appendix I: Detailed Economic Development Budget by Incentive Type
AgencyRecipient
Expenditures on Contracts
Stanton ES Modernization /Renovation
$6,000,000 8DCPSnot specified
Van Ness ES Modernization $15,000,000 6DCPSnot specified
Window Replacement $613,000 not specifiedDCPSnot specified
Development Finance Division $14,195,460 not specifiedDHCDnot specified
Neighborhood-based Activities $300,000 not specifiedDHCDnot specified
Property Acquisition & Disposition
$1,551,147 not specifiedDHCDnot specified
New East-End Medical Center $35,876,000 8DHCFnot specified
Bank On Project $50,000 not specifiedDMPEDnot specified
Barry Farm, Park Chester Wade Road
$2,000,000 8DMPEDnot specified
Bond Counsel Legal Services $200,000 not specifiedDMPEDnot specified
Business Development Support $1,102,500 not specifiedDMPEDnot specified
Davis-Bacon Monitoring Services
$200,000 not specifiedDMPEDCHW Solutions Inc.
Financial and technical support $902,022 not specifiedDMPEDnot specified
Human Capital (New Communities)
$3,000,000 not specifiedDMPEDnot specified
Local Business Promotion $350,000 not specifiedDMPEDnot specified
McMillan Site Redevelopment $4,000,000 5DMPEDnot specified
New Communities $37,000,000 not specifiedDMPEDnot specified
Skyland Clean Team $100,000 7DMPEDnot specified
St. Elizabeths East Infrastructure
$8,500,000 8DMPEDnot specified
St. Elizabeths Gateway Pavillion
$2,500,000 8DMPEDnot specified
District of Columbia Unified Economic Development Report on Proposed FY15 Budget
Page 3 of 16 in Appendix I
Method of Expenditure
of Public Funds
Subtype/Description Value of Incentive
Ward
Appendix I: Detailed Economic Development Budget by Incentive Type
AgencyRecipient
Expenditures on Contracts
Walter Reed Redevelopment $1,300,000 4DMPEDnot specified
WASA New Facility $9,000,000 6DMPEDForest City
West End project $1,000,000 2DMPEDEast Banc/WDC Partners
Access to Capital $1,137,518 not specifiedDSLBDnot specified
Business Development $35,800 not specifiedDSLBDnot specified
Capacity Building $35,800 not specifiedDSLBDnot specified
Capital Acquisition $35,800 not specifiedDSLBDnot specified
Procurement Tech Assistance $114,612 not specifiedDSLBDnot specified
Technology and Innovation $130,000 not specifiedDSLBDnot specified
Trade and Export $45,860 not specifiedDSLBDnot specified
Marketing and Promotions; Community Outreach
$86,693 not specifiedFilm DCnot specified
Production Support $123,397 not specifiedFilm DCnot specified
Total Expenditures on Contracts Total $559,129,766
District of Columbia Unified Economic Development Report on Proposed FY15 Budget
Page 4 of 16 in Appendix I
Method of Expenditure
of Public Funds
Subtype/Description Value of Incentive
Ward
Appendix I: Detailed Economic Development Budget by Incentive Type
AgencyRecipient
Grants
Community Services Commercial Revitalization
$2,390,407 not specifiedDHCDnot specified
Development Finance Division $95,444,161 not specifiedDHCDnot specified
Neighborhood-based Activities $5,908,750 not specifiedDHCDnot specified
Property Acquisition & Disposition
$3,807,458 not specifiedDHCDnot specified
Citywide Economic Development Initiatives
$1,200,000 not specifiedDMPEDWashington DC Economic Partnership
Community Dev. Block Grants $1,800,000 not specifiedDMPEDnot specified
Earned Income Tax Credit Outreach
$400,000 not specifiedDMPEDnot specified
Economic Development Financing (Fort Lincoln)
$3,353,592 5DMPEDFort Lincoln New Town
Great Streets grant program $10,000,000 not specifiedDMPEDnot specified
Miscellaneous initiatives $100,000 not specifiedDMPEDnot specified
Workforce Intermediary $1,257,743 not specifiedDMPEDnot specified
Workforce Investment Council office support
$40,222 not specifiedDMPEDWorkforce Investment Council
Employer Services $639,563 not specifiedDOESnot specified
Local Adult Training $6,709,091 not specifiedDOESnot specified
Mayor's Youth Leadership Program
$244,207 not specifiedDOESnot specified
Office of Apprenticeship Info & Training
$14,000 not specifiedDOESnot specified
One-Stop Operations $1,729,479 not specifiedDOESnot specified
Senior Services $809,448 not specifiedDOESnot specified
Statewide Activities $660,038 not specifiedDOESnot specified
Summer Youth Employment Program
$9,695,598 not specifiedDOESnot specified
District of Columbia Unified Economic Development Report on Proposed FY15 Budget
Page 5 of 16 in Appendix I
Method of Expenditure
of Public Funds
Subtype/Description Value of Incentive
Ward
Appendix I: Detailed Economic Development Budget by Incentive Type
AgencyRecipient
Grants
Transitional Employment $6,508,093 not specifiedDOESnot specified
Year-round Youth Program $5,617,817 not specifiedDOESnot specified
Commercial Clean Teams $1,530,000 not specifiedDSLBDnot specified
Healthy Food Programs $200,000 not specifiedDSLBDnot specified
Main Streets $850,000 not specifiedDSLBDnot specified
Marketing and Promotions $1,271,078 not specifiedFilm DCnot specified
Waterfront Park Maintenance Fund
$461,214 6Misc. FundsCapitol Riverfront BID
Total Grants Total $162,641,959
District of Columbia Unified Economic Development Report on Proposed FY15 Budget
Page 6 of 16 in Appendix I
Method of Expenditure
of Public Funds
Subtype/Description Value of Incentive
Ward
Appendix I: Detailed Economic Development Budget by Incentive Type
AgencyRecipient
PILOT Debt Service
Excess PILOT revenues net of refund (Note 1)
$823,239 not specifiedMisc. Fundsnot specified
Rhode Island Metro Plaza $611,949 5Misc. FundsUrban Atlantic
Southeast Federal Center PILOT Debt to be Issued
$2,698,953 6Misc. FundsForest City
US DOT PILOT- Anacostia Waterfront Projects
$10,547,557 6Misc. FundsBondholders
Total PILOT Debt Service Total $14,681,698
District of Columbia Unified Economic Development Report on Proposed FY15 Budget
Page 7 of 16 in Appendix I
Method of Expenditure
of Public Funds
Subtype/Description Value of Incentive
Ward
Appendix I: Detailed Economic Development Budget by Incentive Type
AgencyRecipient
Revenue Bond Debt Service
Housing Production Trust Fund Bond Debt Service
$7,822,389 not specifiedDHCDBondholders
Ballpark Revenue Debt Service $33,400,000 6Misc. FundsBondholders
Convention Center Debt Service $32,957,675 2Misc. FundsBondholders
Total Revenue Bond Debt Service Total $74,180,064
District of Columbia Unified Economic Development Report on Proposed FY15 Budget
Page 8 of 16 in Appendix I
Method of Expenditure
of Public Funds
Subtype/Description Value of Incentive
Ward
Appendix I: Detailed Economic Development Budget by Incentive Type
AgencyRecipient
Tax Abatements*
14W and the YMCA Anthony Bowen Project
$578,547 1(None - Tax Expenditure)
Perseus Realty LLC
2323 Pennsylvania Ave SE Redevelopment Project
$93,158 7(None - Tax Expenditure)
Chapman Development
Adams Morgan Hotel (Note 2) $0 1(None - Tax Expenditure)
First Church of Christ, Scientist/ Beztak Props.
Eckington One $1,217,929 5(None - Tax Expenditure)
NoMA West Residential I LLC
GALA Hispanic Theatre $45,561 1(None - Tax Expenditure)
Gala Hispanic Theatre
Georgia Commons $183,000 4(None - Tax Expenditure)
Jair Lynch/AHD
High Tech. Comm. Real Estate Database Providers
$700,000 2(None - Tax Expenditure)
CoStar
National Public Radio, Inc. $4,040,077 6(None - Tax Expenditure)
National Public Radio
New Residential Development: 1117 10th St NW
$211,744 2(None - Tax Expenditure)
185 Individual Owners
New Residential Development: 1150 K St NW
$115,173 2(None - Tax Expenditure)
130 Individual Owners
New Residential Development: 1400 N St NW
$136,120 2(None - Tax Expenditure)
National City Christian Church/B&D
New Residential Development: 631 D St NW
$428,343 2(None - Tax Expenditure)
428 Individual Owners
New Residential Development: 912 F St NW
$79,278 2(None - Tax Expenditure)
62 Individual Owners
New Residential Development: K St NW (Square 516)
$307,775 6(None - Tax Expenditure)
Quadrangle Development
NOMA Area Residential Tax Abatement
$356,805 6(None - Tax Expenditure)
The Cohen Companies
NOMA Area Residential Tax Abatements
$903,667 6(None - Tax Expenditure)
CS Residential
NOMA Area Residential Tax Abatements
$515,327 6(None - Tax Expenditure)
CK MRP Washington
NOMA Area Residential Tax Abatements
$459,971 6(None - Tax Expenditure)
Camden Living
NOMA Area Residential Tax Abatements
$1,496,789 6(None - Tax Expenditure)
Archstone
NOMA Area Residential Tax Abatements
$843,258 6(None - Tax Expenditure)
unspecified
District of Columbia Unified Economic Development Report on Proposed FY15 Budget
Page 9 of 16 in Appendix I
Method of Expenditure
of Public Funds
Subtype/Description Value of Incentive
Ward
Appendix I: Detailed Economic Development Budget by Incentive Type
AgencyRecipient
Tax Abatements*
NOMA Area Residential Tax Abatements
$424,185 6(None - Tax Expenditure)
JBG
Nonprofit Tax Abatement: American Iron & Steel Institute
$109,968 6(None - Tax Expenditure)
American Iron and Steel Institute
Nonprofit Tax Abatement: Case Western Reserve University
$43,200 6(None - Tax Expenditure)
Case Western Reserve University
Park Place at Petworth $165,215 4(None - Tax Expenditure)
CJUF II Petworth LLC
Pew Charitable Trusts $1,004,667 2(None - Tax Expenditure)
Pew Charitable Trusts
Qualified High Tech Companies Real Property (Note 4)
$36,000 not specified(None - Tax Expenditure)
not specified
Total Tax Abatements* Total $14,495,757
District of Columbia Unified Economic Development Report on Proposed FY15 Budget
Page 10 of 16 in Appendix I
Method of Expenditure
of Public Funds
Subtype/Description Value of Incentive
Ward
Appendix I: Detailed Economic Development Budget by Incentive Type
AgencyRecipient
Tax Credits
Certified capital investment - CAPCO(Note 4)
$2,859,000 not specified(None - Tax Expenditure)
Not Specified
Qualified High Tech Companies Business Income (Note 4)
$16,777,000 not specified(None - Tax Expenditure)
not specified
Social E-Commerce Job Creation Act (Note 2)
$0 2(None - Tax Expenditure)
Living Social
Total Tax Credits Total $19,636,000
District of Columbia Unified Economic Development Report on Proposed FY15 Budget
Page 11 of 16 in Appendix I
Method of Expenditure
of Public Funds
Subtype/Description Value of Incentive
Ward
Appendix I: Detailed Economic Development Budget by Incentive Type
AgencyRecipient
Tax Exemptions*
4100 Georgia Ave $213,656 4(None - Tax Expenditure)
4100 Georgia Avenue LP
4427 Hayes Street, N.E. $19,266 7(None - Tax Expenditure)
Blue Skye Development LLC
800 Kenilworth Avenue Northeast Redevelopment
$146,213 7(None - Tax Expenditure)
Chapman Development LLC
Affordable Housing Opportunities, Inc. Project
$33,708 8(None - Tax Expenditure)
Affordable Housing Opportunities
Allen Chapel AME Church Senior Residences
$221,383 8(None - Tax Expenditure)
Allen Chapel AME Church
American College of Cardiology $1,212,027 2(None - Tax Expenditure)
American College of Cardiology
American Psychological Association
$1,682,888 6(None - Tax Expenditure)
APA 750 LLC
Beulah Baptist Church $99,638 7(None - Tax Expenditure)
Beulah Baptist Church Of Deanwood Heights
Campbell Heights Project $221,574 1(None - Tax Expenditure)
Paul Laurence Dunbar Apts LP
Carver Low-Income & Senior Housing
$136,520 7(None - Tax Expenditure)
Carver 2000 Tenants Association
Center Leg Freeway PILOT $57,337 6(None - Tax Expenditure)
Louis Dreyfus Property Group
Douglass Knoll, 1728 W Street and Wagner Gainsville
$141,453 8(None - Tax Expenditure)
Non-Profit Community Develop Corp
Gateway Market Center (Note 2)
$0 4(None - Tax Expenditure)
Sang Oh Development, LLC
Golden Rule Rehabiliation Project
$371,894 6(None - Tax Expenditure)
Golden Rule Place, Inc.
Heights on Georgia Avenue $170,000 1(None - Tax Expenditure)
Neighborhood Development Corp.
Highland Park $504,356 1(None - Tax Expenditure)
Donatelli
International House of Pancakes Restaurant
$39,855 8(None - Tax Expenditure)
not specified
Jubilee Housing Residential Rental Project
$231,509 1(None - Tax Expenditure)
Jubilee Housing
Kelsey Gardens Redevelopment Project
$376,874 6(None - Tax Expenditure)
Metropolitan Develop. /Deliverance Church
King Towers Residential HousingRental Project
$220,436 2(None - Tax Expenditure)
King Housing LLC
District of Columbia Unified Economic Development Report on Proposed FY15 Budget
Page 12 of 16 in Appendix I
Method of Expenditure
of Public Funds
Subtype/Description Value of Incentive
Ward
Appendix I: Detailed Economic Development Budget by Incentive Type
AgencyRecipient
Tax Exemptions*
National Community Reinvestment Coalition
$245,741 2(None - Tax Expenditure)
National Cmty Reinvestment Coalition
New Columbia Community Land Trust
$1,967 5(None - Tax Expenditure)
New Columbia Cmty Land Trust
Newseum $4,865,861 2(None - Tax Expenditure)
Freedom Forum
Nonprofit Affordable Housing Developer Tax Relief Act (Note
$455,000 not specified(None - Tax Expenditure)
Not Specified
Parkside Terrace Development Project
$178,179 7(None - Tax Expenditure)
Parkside Terrace Development LLC
Qualified High Tech Companies Sales & Pers. Prop. (Note 4)
$986,000 not specified(None - Tax Expenditure)
not specified
Qualified Supermarket: Aldi $120,949 5(None - Tax Expenditure)
Aldi Inc Maryland
Qualified Supermarket: Costco $346,947 5(None - Tax Expenditure)
Costco Wholesale Corporation
Qualified Supermarket: Fairlawn Market
$27,079 7(None - Tax Expenditure)
2300 Pennsylvania Ave LLC
Qualified Supermarket: Giant Columbia Hts
$311,242 1(None - Tax Expenditure)
Ahold USA
Qualified Supermarket: Giant H St NE
$173,339 6(None - Tax Expenditure)
Ahold USA
Qualified Supermarket: Harris Teeter Kalorama Rd
$229,726 1(None - Tax Expenditure)
Harris Teeter
Qualified Supermarket: Harris Teeter NOMA
$393,309 6(None - Tax Expenditure)
Harris Teeter
Qualified Supermarket: Harris Teeter Potomac Ave
$549,084 6(None - Tax Expenditure)
Harris Teeter
Qualified Supermarket: Safeway 14th St SE
$287,559 6(None - Tax Expenditure)
Safeway Inc.
Qualified Supermarket: Safeway City Vista
$338,505 6(None - Tax Expenditure)
Safeway Inc.
Qualified Supermarket: Safeway Columbia Rd
$144,468 1(None - Tax Expenditure)
Safeway Inc.
Qualified Supermarket: Safeway Corcoran St
$103,292 2(None - Tax Expenditure)
Safeway
Qualified Supermarket: Safeway Georgia Ave
$191,136 4(None - Tax Expenditure)
Safeway Inc.
Qualified Supermarket: Yes Organic
$35,535 5(None - Tax Expenditure)
Kathryn Rachels
District of Columbia Unified Economic Development Report on Proposed FY15 Budget
Page 13 of 16 in Appendix I
Method of Expenditure
of Public Funds
Subtype/Description Value of Incentive
Ward
Appendix I: Detailed Economic Development Budget by Incentive Type
AgencyRecipient
Tax Exemptions*
Qualified Supermarket: Yes Organic
$21,931 4(None - Tax Expenditure)
Cha Partnership LP
Qualified Supermarket: Yes Organic
$41,439 1(None - Tax Expenditure)
PNH Union Row Retail LLC
Qualified Supermarkets - Personal Property and Sales
$1,161,000 not specified(None - Tax Expenditure)
not specified
Randall School Development $498,602 6(None - Tax Expenditure)
Corcoran Gallery
Samuel J Simmons NCBA Estates No. 1 L.P.
$337,474 1(None - Tax Expenditure)
Samuel J Simmons NCBA Estates
SOME, Inc. & Affiliates $136,984 5(None - Tax Expenditure)
Affordable Housing Opportunities, Inc.
St. Martin's Apartments $446,672 5(None - Tax Expenditure)
Catholic Charities
Studio Theatre Housing $30,194 2(None - Tax Expenditure)
Studio Theatre
Third & H Streets, N.E. Development Project
$725,836 6(None - Tax Expenditure)
Steuart Development
United House of Prayer for All People
$583,165 not specified(None - Tax Expenditure)
United House of Prayer for All People
United Negro College Fund Inc. $383,685 1(None - Tax Expenditure)
UNCF
View 14 Project $829,754 1(None - Tax Expenditure)
View 14 Investments LLC
Way of the Cross Church of Christ
$13,890 8(None - Tax Expenditure)
Way of the Cross Church of Christ Inc
Wayne Place Senior Living $49,940 8(None - Tax Expenditure)
not specified
Total Tax Exemptions* Total $21,346,071
District of Columbia Unified Economic Development Report on Proposed FY15 Budget
Page 14 of 16 in Appendix I
Method of Expenditure
of Public Funds
Subtype/Description Value of Incentive
Ward
Appendix I: Detailed Economic Development Budget by Incentive Type
AgencyRecipient
TIF Debt Service
City Market at O Street $1,877,000 6Misc. FundsBondholders
Clydes - Downtown Retail $587,360 2Misc. FundsClydes Management, Inc.
Convention Center Hotel TIF $13,055,400 2Misc. FundsBondholders
Crime & Punishment Museum - Downtown Retail
$390,695 2Misc. FundsNational Museum of Crime & Punishment
Excess TIF Revenues net of refund (Note 1)
$9,569,976 not specifiedMisc. Fundsnot specified
Forever 21 $670,141 2Misc. FundsJemal's Cayre Woodies
Fort Lincoln Retail $1,298,100 5Misc. FundsFort Lincoln Retail LLC
Gallery Place $4,312,500 2Misc. FundsBondholders
Georgia Ave CVS $136,430 4Misc. FundsPetworth Triangle LLC (Lakritz/Adler)
Howard Theatre $514,466 1Misc. FundsHoward Theatre Restoration Co.
Madame Tussauds LLC $162,220 2Misc. FundsMadame Tussauds Washington
Mandarin Oriental Hotel $4,509,100 6Misc. FundsBondholders
Skyland (Note 3) $2,240,000 7Misc. FundsRappaport/W.C. Smith
Verizon Center Renovation $3,481,162 2Misc. FundsDC Arena, LP
Total TIF Debt Service Total $42,804,550
District of Columbia Unified Economic Development Report on Proposed FY15 Budget
Page 15 of 16 in Appendix I
Method of Expenditure
of Public Funds
Subtype/Description Value of Incentive
Ward
Appendix I: Detailed Economic Development Budget by Incentive Type
AgencyRecipient
$908,915,864Grand Total all Incentive Types
Notes
* Estimated value of tax abatements and exemptions based on information currently available. The final determination of abatement or exemption granted is made by the Office of Tax and Revenue subject to eligibility requirements, in accordance with applicable DC Code provision, and may differ from the estimate shown here.
1. Bond documents for certain TIF and PILOT projects require all project-based tax increment (or PILOT) to pre-pay principal on outstanding debt or be reserved for future debt service.
2. The project is designated for a future tax abatement, exemption, or credit; conditions for receiving such abatement or exemption are not expected to be reached during FY15.
3. Payments due on these bonds will be paid during FY15 from a capitalized interest account funded at bond issuance.
4. Value as estimated by Office of Revenue Analysis.
District of Columbia Unified Economic Development Report on Proposed FY15 Budget
Page 16 of 16 in Appendix I
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