| EXHIBIT 9-F | ||||
| MONTEREY PENINSULA WATER MANAGEMENT DISTRICT | ||||
| Property Taxes Lost to State (Educational Revenue Augmentation Fund) | ||||
| Fiscal Years 1998-1999 to 2003-2004 | ||||
| Taxes | ||||
| Fiscal Year | Received | Taxes Lost | Total Taxes | Percent Lost |
| 1992-1993 | 503,717 | 296,000 | 799,717 | 37.0% |
| 1993-1994 | 539,646 | 317,000 | 856,646 | 37.0% |
| 1994-1995 | 570,854 | 335,000 | 905,854 | 37.0% |
| 1995-1996 | 573,508 | 337,000 | 910,508 | 37.0% |
| 1996-1997 | 573,299 | 336,000 | 909,299 | 37.0% |
| 1997-1998 | 536,821 | 315,000 | 851,821 | 37.0% |
| 1998-1999 | 657,582 | 382,088 | 1,039,670 | 36.8% |
| 1999-2000 | 698,352 | 416,984 | 1,115,336 | 37.4% |
| 2000-2001 | 783,275 | 458,198 | 1,241,473 | 36.9% |
| 2001-2002 | 849,290 | 511,949 | 1,361,239 | 37.6% |
| 2002-2003 | 936,689 | 552,690 | 1,489,379 | 37.1% |
| 2003-2004 | 1,016,863 | 597,205 | 1,614,068 | 37.0% |
| 8,239,896 | 4,855,114 | 13,095,010 | ||
| Potential 2004-2005 additional loss per CSDA Weekly Legislative Update dated 1/9/04 | ||||
| is 25% of amount currently lost (2003-2004 taxes lost + 8% increase) = | $161,245 | |||
| Note: Taxes lost 1992-1993 through 1997-1998 estimated based on taxes received | ||||
| Taxes lost 1998-1999 through 2003-2004 obtained from Monterey County | ||||
| Taxes received 2003-2004 estimated based on taxes to be lost | ||||
| erafshift | ||||
| 02/09/04 | ||||