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Statutory Payments has been included on Table C-1. Should actual tax increment revenues exceed or fall below these projections, actual Statutory Payments would be higher or lower. Each affected taxing agency is entitled to their respective share of the Statutory Payment. All agencies receive their share of the Statutory Payments, except for the City of Stockton, which, by Section 33607.5, may only elect to receive its share of the first 25% of the Statutory Payments. The following is a list of affected taxing agencies in the Project Area, according to the County Auditor-Controller's office: City of Stockton County of San Joaquin Port of Stockton Stockton Unified School District San Joaquin Local Health District Delta Community College District San Joaquin Mosquito and Vector Control District San Joaquin County Office of Education San Joaquin County Flood Control District San Joaquin County Regional Transit District San Joaquin County Public Works Economic Feasibility Analysis Section D of this Report includes a preliminary list of potential infrastructure/public facility projects in the Redevelopment Plan and other potential programs proposed by the Agency. RSG estimates the total cost of these projects and programs is approximately $140 million, including direct project costs and financing costs. RSG projects that the Agency will have a combined total of $140 million in tax increment revenue ($42 million in housing and $98 million in non housing) available to fund these activities over the time period the Agency may collect tax increment revenue. Should tax increment revenues fall below or exceed projections, the Agency would pursue other financing alternatives and/or alter implementation activities accordingly. ROSENOW SPEVACEK GROUP, INC. REDEVELOPMENT AGENCY OF THE CITY OF STOCKTON MAY 3, 2004 ROUGH AND READY ISLAND REDEVELOPMENT PROJECT - C-5 - PRELIMINARY REPORT