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Table 7

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Table 7 Financial Summaries Table 7 Urban Renewal Certification TABLE 7 This table shows the amount of tax increment planned for the City's urban renewal districts. Part 1: Option One Plans (Reduced Rate). Increment Value 100% from Special Levy Plan Area Name to Use Division of Tax Amount Not Applicable Part 2: Option Three Plans (Standard Rate). Increment Value Amount from Special Levy Plan Area Name to Use Division of Tax Amount Not Applicable Part 3: Other Standard Rate Plans Increment Value 100% from Estimated Plan Area Name to Use Division of Tax Division of Tax Gateway Regional Center _Yes $8,200,000 North Macadam _Yes $28,500,000 Part 4: Other Reduced Rate Plans Increment Value 100% from Estimated Plan Area Name to Use Division of Tax Division of Tax Not Applicable Part 5: Permanent Rate Plans Increment Value 100% from Estimated Plan Area Name to Use Division of Tax Division of Tax Cully TIF District _Yes $2,575,000 Notice to Assessor of Permanent Increase in Frozen Value. Plan Area Name New frozen value $ Plan Area Name New frozen value $ City of Portland, Oregon - FY 2025-26 Proposed Budget 59


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