RES 2026-09 Calculating the MID 2025-26 AdoptedCITY OF NORTH AUGUSTA, SOUTH CAROLINA
A RESOLUTION
APPROVING THE ANNUAL ASSESSMENT REPORT AND AMENDMENT OF THE
ASSESSMENT ROLL FOR THE BALLPARK VILLAGE MUNICIPAL IMPROVEMENT
DISTRICT AND CONFIRMING THE COLLECTION OF ANNUAL ASSESSMENTS THEREIN
FOR THE 2025-2026 ASSESSMENT YEAR
ADOPTED BY
THE CITY COUNCIL
OF
THE CITY OF NORTH AUGUSTA, SOUTH CAROLINA
FEBRUARY 2, 2026
RESOLUTION 2026-09
APPROVING THE ANNUAL ASSESSMENT REPORT AND AMENDMENT OF THE
ASSESSMENT ROLL FOR THE BALLPARK VILLAGE MUNICIPAL IMPROVEMENT
DISTRICT AND CONFIRMING THE COLLECTION OF ANNUAL ASSESSMENTS
THEREIN
FOR THE 2025-2026 ASSESSMENT YEAR
The City Council (the “City Council”) of the City of North Augusta, South Carolina (the
“City”), hereby finds and determines:
WHEREAS, The Ballpark Village Municipal Improvement District (the “Improvement
District”), located in the City of North Augusta was created by the City Council pursuant to the
Municipal Improvement Act, Title 5, Chapter 37, Code of Laws of South Carolina 1976, as amended
(the “Act”), through an ordinance enacted on February 6, 2017, wherein the Improvement District
was created and special assessments (the “Assessment” or “Assessments”) were authorized to be
imposed and collected (the “Assessment Ordinance”); and
WHEREAS, certain capitalized terms undefined herein have such meanings as set forth in
the Rate and Method of Apportionment of Assessment, Appendix A of the Assessment Roll (the
“Rate and Method”), which was approved by the Assessment Ordinance; and
WHEREAS, the Assessments have been imposed on the Assessed Property within the
Improvement District pursuant to the Act and the Assessment Ordinance. The Assessment, including
the Annual Parcel Assessment, the Annual Parcel Credit and the Annual Payment for each Parcel, is
recorded on the Assessment Roll, attached hereto as Appendix B-1 and Appendix B-2 of the Annual
Assessment Report and Amendment of the Assessment Roll for 2025-2026 Assessment Year (the
“Annual Assessment Report”) attached hereto as Exhibit A, which is being updated in accordance
with the Rate and Method, as detailed below, through City Council’s approval of the Annual
Assessment Report; and
WHEREAS, pursuant to a Resolution of the Board of Directors (the “Board”) of the North
Augusta Public Facilities Corporation (the “Corporation”) adopted by the Board on February 20
2017, the Corporation issued its $69,450,000 Installment Purchase Revenue Bonds, Taxable Series
2017B, dated May 16, 2017 (the “Series 2017B Bonds”), in order to obtain a portion of the funds
necessary to defray the cost of the Public Improvements. Simultaneously with the issuance of the
Series 2017B Bonds, the City issued its $43,412,000 Tax Increment Revenue Obligation, Series
2017A to the Corporation (the “2017 TIF Obligation”). By Ordinance enacted on February 6, 2017,
the City Council approved the issuance of the Series 2017B Bonds and the 2017 TIF Obligation.
Debt service requirements of the Series 2017B Bond will be paid from Available Sources (as that
term is defined in the Official Statement dated May 2, 2017 (the “Official Statement”) relating to the
Series 2017 Bonds), which include TIF Revenues (as defined in the Official Statement) and
Assessments. Payments to the Corporation by the City pursuant to the 2017 TIF Obligation shall
constitute a dollar for dollar credit against the City’s obligation to make Base Payments (as defined
in the Official Statement); and
WHEREAS, in order to facilitate the collection of the Assessments, the City shall update
Appendix B-1 and B-2 of the Assessment Roll each Assessment Year to reflect (i) the current
Parcels in the Improvement District, (ii) the Assessment for each Parcel, including any adjustments
to the Assessment as provided for in Section C of the Rate and Method; (iii) the Annual Assessment;
(iv) the Annual Parcel Assessment for each Parcel, (v) the Annual Payment to be collected from each
1
Annual Assessment Report and Update to the
Assessment Roll for the 2025-2026 Assessment Year
Ballpark Village Municipal Improvement District
City of North Augusta, South Carolina
January 23, 2026
Prepared by Water Street Public Finance, LLC
Exhibit A
2
Annual Assessment Report and Update to the Assessment Roll
for the 2025-2026 Assessment Year
Ballpark Village Municipal Improvement District
Background Information On February 6, 2017, by Ordinance No. 2016-23 (the “District Ordinance”), enacted by the City Council of the City of North Augusta (the “City Council”), the City of North Augusta, South Carolina (the “City”) created the Ballpark Village Municipal Improvement District (the “District”). In addition,
the District Ordinance authorized the imposition of the Assessment(s) on the Assessed Property within
the District. In addition, the District Ordinance approved the Assessment Roll for the Ballpark Village Municipal Improvement District, which listed the parcels of real property within the District and the amount of the Assessment imposed upon each parcel of real property. The Assessment Roll includes the Rate and Method of Apportionment of Assessment, as Appendix A of the Assessment Roll (the
“RMA”). Among other terms, the RMA provides specifics for how the Assessments shall be billed on
an annual basis. Capitalized terms used but not defined herein are defined in the RMA.
Pursuant to a resolution of the Board of Directors (the “Board”) of the North Augusta Public Facilities
Corporation (the “Corporation”) adopted on February 20, 2017, the Corporation issued its $69,450,000 Installment Purchase Revenue Bonds, Taxable Series 2017B, dated May 16, 2017 (the “Series 2017B Bonds”), in order to obtain a portion of the funds necessary to defray the cost of the District Improvements. Simultaneously with the issuance of the Series 2017B Bonds, the City issued
its $43,412,000 Tax Increment Revenue Obligation, Series 2017A to the Corporation (the “2017 TIF
Obligation”). By Ordinance No. 2015-22 enacted on February 6, 2017, the City Council approved the issuance of the Series 2017B Bonds and the 2017 TIF Obligation. Debt service requirements of the Series 2017B Bond will be paid from Available Sources (as that term is defined in the Official Statement dated May 2, 2017 (the “Official Statement”) relating to the Series 2017 Bonds), which
include TIF Revenues (as defined in the Official Statement) and the Assessment.
The RMA provides for an annual update to the Assessment Roll as follows: “In order to facilitate the collection of the Assessment, the City shall update Appendix B-1 and B-2 of
the Assessment Roll each Assessment Year to reflect (i) the current Parcels in the Improvement District, (ii) the Assessment for each Parcel, including any adjustments to the Assessment as provided for in Section C; (iii) the Annual Assessment; (iv) the Annual Parcel Assessment for each Parcel, (v) the
Annual Payment to be collected from each Parcel for the current Assessment Year, (vi) prepayments of the Assessment as provided for herein, and (vii) termination of the Assessment as provided for herein.”
Water Street Public Finance, LLC, serving as the Administrator of the District, has prepared this report, including the attached appendices, to meet these requirements for the 2025–2026 Assessment
Year. The City Council is confirming the Annual Payment on the Parcels, calculated pursuant to the
RMA (as described in this report below) and presented on Appendix B-1, and the updated Assessment Roll by its approval of this report.
Exhibit A
3
Update to the Assessment Roll
Current Parcels in the District
The current Parcels in the District are presented on the attached Appendix B-1. The City and the
Administrator are both unaware of the creation of any Parcel from a subdivision in calendar year 2024; and as such, the Parcels listed on Appendix B-1 are the same as the Parcels listed on the previously approved Assessment Roll. Any Parcels that are created in calendar year 2025 will be included in the following Assessment Report. Assessment for Each Parcel
The attached Appendix B-1 provides the Assessment for every Parcel. Pursuant to the RMA, the Assessment for all Parcels has been reduced for the Parcel’s entire Annual Parcel Assessment in the previous Assessment Year.
Annual Assessment
The Annual Assessment for the 2025-2026 Assessment Year equals $1,686,753.35. As specified in the RMA, the Annual Assessment is equal to the “sum of all parcels’ Annual Parcel Assessment for a given Assessment Year.” The attached Appendix B-2 shows the Annual Assessment for each Assessment Year. Annual Parcel Assessment for Each Parcel
The attached Appendix B-1 provides the Annual Parcel Assessment for every Parcel for the 2025-2026 Assessment Year. The Annual Parcel Assessment for each Parcel matches the Annual Parcel Assessment for such Parcel from the previous Assessment Year. Annual Payment for Each Parcel
The attached Appendix B-1 provides the Annual Payment for every Parcel for the 2025-2026
Assessment Year.
The RMA defines the Annual Payment as follows: “Annual Payment means, for each Parcel, the portion of the Annual Parcel Assessment to be collected
each Assessment Year calculated as provided in Section D.” Additionally, the RMA provides for a three-step process to determine the Annual Payment, as follows:
“First Step: The Administrator shall calculate the Annual Revenue Requirement. If the Annual Revenue Requirement is less than the Annual Assessment, the Annual Parcel Assessment on every Parcel shall be decreased on a pro-rated basis such that the Annual Assessment equals the Annual Revenue
Requirement.
Second Step: The Administrator shall calculate the Tax Revenues for each Parcel in the Improvement District. If the sum of the Tax Revenues for all Parcels is greater than or equal to the Annual Assessment, then the Annual Payment for all Parcels shall equal zero ($0.00).
Exhibit A
4
Third step: If the sum of the Tax Revenues for all Parcels is less than the Annual Assessment, then the
Annual Payment for each Parcel shall equal Parcel’s Annual Parcel Assessment less the Parcel’s Annual Parcel Credit.”
The calculation of the Annual Payment according to these three steps is presented here. First Step
The first step requires the calculation of the Annual Revenue Requirement, and a comparison of the
Annual Revenue Requirement to the Annual Assessment; as specified above, the Annual Assessment equals $1,686,753.35. The RMA defines the Annual Revenue Requirement as follows:
“Annual Revenue Requirement means, for any Assessment Year, the sum of the following: (1) Debt Service Expenses and (2) Administrative Expenses; less the sum of Other Available Funds and Other Ballpark Village Revenues.” The four stated components of the Annual Revenue Requirement are presented here.
Debt Service Expenses The RMA defines Debt Service Expenses as follows: “Debt Services Expenses means regularly scheduled debt service on the Borrowings and periodic costs
associated with such Borrowings, including but not limited to rebate payments and credit enhancement on the Borrowings, for an Assessment Year.”
The RMA defines Borrowings as follows:
“Borrowings means any borrowing issued or anticipated to be issued by the City pursuant to the TIF Act to defray the costs of the District Improvements, among other improvements, including any
borrowings issued to refund such borrowing.” The City has determined that the 2017 TIF Obligation represents a Borrowings.
The City has reported $2,588,660.00 of regularly scheduled debt service payments on the 2017 TIF Obligation, representing the sum of the following:
• $1,012,830.00 of interest expense due on April 15, 2026
• $1,012,830.00 of interest expense due on October 15, 2026
• $563,000.00 of principal due on October 15, 2026 Administrative Expenses
The RMA defines Administrative Expenses as follows:
“Administrative Expenses means the actual or budgeted costs, as applicable, directly related to the
Exhibit A
5
administration of the Improvement District, which may include but are not limited to the following: the costs of computing the Annual Payments; the costs of collecting the Annual Payments (whether by the
City or otherwise); the costs of the Administrator in the discharge of their duties; the costs of the City of complying with arbitrage rebate requirements; the costs of the City of complying with securities disclosure requirements; and any other costs of the City in any way related to the administration and
operation of the Improvement District, including, without limitation, the costs of legal counsel and other consultants and advisors, and costs related to commencing foreclosure and pursuing collection of delinquent Annual Payments, including contingencies and reserves for Administrative Expense as
deemed appropriate by the City Council.”
The City estimates that Administrative Expenses for the 2025-2026 Assessment Year will be
$50,000.00, representing the sum of the following estimates:
• Estimated fees to the Administrator and to the City’s legal advisors - $40,000.00
• Estimated fees for the trustee to the Seres 2017B Bonds - $5,000.00
• Estimated miscellaneous costs - $5,000.00 Other Available Funds
The RMA defines Other Available Funds as follows:
“Other available Funds means capitalized interest, interest earnings on any trust account in connection with the Borrowings and any other funds deposited to a trust account in connection with the Borrowings that are available to meet the Annual Revenue Requirement in any given Assessment
Year.”
On January 22, 2026 the City advised that there are no other available funds to meet the Annual
Revenue Requirement in this Assessment Year. Other Ballpark Village Revenues
The RMA defines Other Ballpark Village Revenues as follows:
“Other Ballpark Village Revenues means legally available funds determined on an annual basis potentially beginning in the 6th Assessment Year that result from parcels of real property or activity
within the Improvement District and are designated as “Other Ballpark Village Revenues” by City
Council, in its sole discretion, by resolution to meet the Annual Revenue Requirement in any given Assessment Year.” On January 22, 2026 the City advised that City Council has not designated by resolution any funds as Other Ballpark Village Revenues in this Assessment Year. Calculation of the Annual Revenue Requirement
Utilizing the four inputs described above, the Annual Revenue Requirement equals $2,638,660.00, as shown in the following table.
Exhibit A
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Table 1 - Calculation of the Annual Revenue Requirement
Debt Service Expenses
Series 2017 TIF Obligation Interest payment on April 15, 2026 $1,012,830.00
Interest payment on October 15, 2026 $1,012,830.00
Principal payment on October 15, 2026 $563,000.00
Subtotal Debt Service Expenses $2,588,660.00
Administrative Expenses $50,000.00
Subtotal of expenditures $2,638,660.00
Other Available Funds ($0.00)
Other Ballpark Village Revenues ($0.00)
Subtotal of other available funds ($0.00)
Annual Revenue Requirement $2,638,660.00
The Annual Revenue Requirement is greater than the Annual Assessment; as such, there is no decrease to Annual Parcel Assessment on each Parcel in this Assessment Year.
Second Step
The second step requires the calculation of the Tax Revenues for all Parcels, and a comparison of the sum of the Tax Revenues for all Parcels to the Annual Assessment; as specified above, the Annual Assessment equals $1,686,753.35.
The RMA defines the Tax Revenues as follows:
“Tax Revenues means for each Parcel the actual or estimated annual real property tax revenues available to be applied to the repayment of the Borrowings, resulting from real property taxes expected
to be collected for the specific Assessment Year, pursuant to the City’s Redevelopment Plan and the related Intergovernmental Agreements with Aiken County and the Aiken County School District, each dated November 18, 2013, as each may be amended from time to time. The calculation of the Tax
Revenues for each Parcel will exclude any deductions for the base assessed value of the tax increment finance district or the base assessed value of the Parcel or the Parcel’s parent parcel at the creation of the tax increment finance district.” The attached Appendix C provides the calculation of the Tax Revenues for each Parcel. As specified on Appendix C, the calculations use i) the Aiken County provided assessed values of the Parcels and
ii) an effective total millage rate of $0.27760 (for every $1.00 of assessed value), which reflects the current tax year millage rates for the various taxing jurisdictions, as well as an intergovernmental agreement entered into by the City and Aiken County (the “County IGA”) and an intergovernmental agreement entered into by the City the Consolidated School District of Aiken County (the “School District IGA”). In accordance with the County IGA, the effective millage rate for Aiken County is
assumed to be $0.06517 (included in the effective total millage rate of $0.27760 specified above) for the estimate of the Tax Revenues, in order to meet the terms of the County IGA. In accordance with the School District IGA, the effective millage rate for the Consolidated School District of Aiken County is assumed to be $0.13293 (included in the effective total millage rate of $0.27760 specified above) for the estimate of the Tax Revenues, in order to meet the terms of the School District IGA.
Exhibit A
7
As indicated on Appendix C, the sum of the Tax Revenues for each Parcel equals $1,871,362.66. The sum of the Tax Revenues for all Parcels is therefore greater than the Annual Assessment; as such, the
Annual Payment for each Parcel equals zero ($0.00) for this 2025-2026 Assessment Year, as shown
on Appendix C. Accordingly, the total Annual Payment for all Parcels for this 2025-2026 Assessment Year equals zero, as shown on both Appendix B and Appendix C. Third Step
As indicated above, the sum of the Tax Revenues for all Parcels is greater than the Annual Assessment. As such, the third step is not required to determine the Annual Payment for each Parcel for this 2025-2026 Assessment Year.
Solely for the required update to Appendix B-1, the Annual Parcel Credit is calculated. The RMA
defines the Annual Parcel Credit as follows:
“Annual Parcel Credit means, for each Parcel in each Assessment Year the Parcel’s Tax Revenues; provided, however, that the Annual Parcel Credit for a Parcel in any Assessment Year shall not exceed the Parcel’s Annual Parcel Assessment.”
The attached Appendix C provides the calculation of the Annual Parcel Credit for each Parcel for the
2025-2026 Assessment Year. Prepayments of the Assessment There have been no prepayments of the Assessment. Termination of the Assessment
The Assessment has not been terminated on any Parcel. Appendices Consistent with the organization of the original Assessment Roll, the attached appendices are labeled Appendix B-1, Appendix B-2 and Appendix C.
Exhibit A
City of North Augusta, South Carolina
Ballpark Village Municipal Improvement District
Appendix B-1
Annual Annual
Parcel Parcel Annual
Parcel Identification1 Tract Assessment Assessment Credit Payment
007-17-02-001 ROW $0.00 $0.00 $0.00 $0.00
007-18-05-003 A $0.00 $0.00 $0.00 $0.00
007-18-05-002 A1 $0.00 $0.00 $0.00 $0.00
007-18-05-004 A2 $414,712.02 $18,599.56 $18,599.56 $0.00
007-18-05-005 Out of A1 $0.00 $0.00 $0.00 $0.00
007-18-05-006 Out of A1 $643,552.66 $28,862.92 $28,862.92 $0.00
007-18-05-007 Out of A1 $105,395.72 $4,726.93 $4,726.93 $0.00
007-18-05-008 Out of A1 $2,248,442.08 $100,841.16 $100,841.16 $0.00
007-14-19-001 B $1,371,355.13 $61,504.38 $61,504.38 $0.00
007-18-05-009 Out of B $0.00 $0.00 $0.00 $0.00
007-14-19-003 B1 $0.00 $0.00 $0.00 $0.00
007-14-19-002 B2 $0.00 $0.00 $0.00 $0.00
007-14-19-005 C $3,153,966.11 $141,453.32 $29,980.80 $0.00
007-14-19-004 C1 $0.00 $0.00 $0.00 $0.00
007-14-19-007 D $1,927,209.92 $72,244.87 $7,950.46 $0.00
007-14-19-006 D1 $0.00 $0.00 $0.00 $0.00
007-13-42-002 E $0.00 $0.00 $0.00 $0.00
007-13-42-001 E1 $0.00 $0.00 $0.00 $0.00
007-17-02-005 Out of F $8,776,672.79 $393,628.04 $393,628.04 $0.00
007-18-07-001 Out of F $0.00 $0.00 $0.00 $0.00
007-17-02-008 G $1,206,161.99 $50,870.75 $20,486.88 $0.00
007-18-06-001 G1 $18,296.12 $820.57 $24.98 $0.00
007-17-02-006 Out of H $254,984.55 $7,558.54 $7,558.54 $0.00
007-17-02-009 Out of H $84,994.86 $2,519.51 $2,519.51 $0.00
007-17-02-010 Out of H $84,994.86 $2,519.51 $2,519.51 $0.00
007-17-02-011 Out of H $84,994.86 $2,519.51 $2,519.51 $0.00
007-17-02-012 Out of H $84,994.86 $2,519.51 $2,519.51 $0.00
007-17-02-013 Out of H $84,994.86 $2,519.51 $2,519.51 $0.00
007-17-02-004 I $679,958.80 $20,156.11 $1,651.72 $0.00
007-17-02-003 J $7,829,419.06 $351,144.32 $351,144.32 $0.00
007-13-42-003 K $9,403,578.03 $421,744.33 $26,483.04 $0.00
007-13-42-004 K1 $0.00 $0.00 $0.00 $0.00
007-18-05-001 L $0.00 $0.00 $0.00 $0.00
007-17-02-007 L1 $0.00 $0.00 $0.00 $0.00
007-17-01-001 Riverfront strip $0.00 $0.00 $0.00 $0.00
Land owned by SC DOT $0.00 $0.00 $0.00 $0.00
$38,458,679.28 $1,686,753.35 $1,066,041.28 $0.00
2025-2026 Assessment Year
1 The Parcels listed represent parcels of real property created by subdivisions through December 31, 2024.
Exhibit A
City of North Augusta, South Carolina
Ballpark Village Municipal Improvement District
Appendix B-2
Annual Assessments
Annual
Assessment
2025 -2026 $1,686,753.35
2026 -2027 $1,939,766.35
2027 -2028 $1,939,766.35
2028 -2029 $1,939,766.35
2029 -2030 $1,939,766.35
2030 -2031 $1,939,766.35
2031 -2032 $2,230,731.31
2032 -2033 $2,230,731.31
2033 -2034 $2,230,731.31
2034 -2035 $1,171,030.08
2035 -2036 $1,171,030.08
2036 -2037 $1,346,684.59
2037 -2038 $1,346,684.59
2038 -2039 $1,346,684.59
2039 -2040 $1,346,684.59
2040 -2041 $1,346,684.59
2041 -2042 $1,548,687.28
2042 -2043 $1,548,687.28
2043 -2044 $1,548,687.28
2044 -2045 $1,548,687.28
2045 -2046 $1,548,687.28
2046 -2047 $1,780,990.37
2047 -2048 $1,780,990.37
Total $38,458,679.28
Assessment Year
Exhibit A
City of North Augusta, South Carolina
Ballpark Village Municipal Improvement District
Appendix C to the 2025-2026 Annual Assessment Report
Calculation of the Tax Revenues and the Annual Payment
Annual Incremental Annual
Parcel Appraised Assessed Effective Parcel Annual
Parcel Identification Tract Assessment Value1 Value2 Millage Rate3 Tax Revenues Credit Payment
007-17-02-001 ROW $0.00 $0.00 $0.00 $0.27760 $0.00 $0.00 $0.00
007-18-05-003 A $0.00 $0.00 $0.00 $0.27760 $0.00 $0.00 $0.00
007-18-05-002 A1 $0.00 $0.00 $0.00 $0.27760 $0.00 $0.00 $0.00
007-18-05-004 A2 $18,599.56 $1,659,500.00 $99,570.00 $0.27760 $27,640.63 $18,599.56 $0.00
007-18-05-005 Out of A1 $0.00 $0.00 $0.00 $0.27760 $0.00 $0.00 $0.00
007-18-05-006 Out of A1 $28,862.92 $2,233,820.00 $134,030.00 $0.27760 $37,206.73 $28,862.92 $0.00
007-18-05-007 Out of A1 $4,726.93 $823,310.00 $49,400.00 $0.27760 $13,713.44 $4,726.93 $0.00
007-18-05-008 Out of A1 $100,841.16 $8,327,370.00 $499,640.00 $0.27760 $138,700.06 $100,841.16 $0.00
007-14-19-001 B $61,504.38 $8,963,510.00 $537,810.00 $0.27760 $149,296.06 $61,504.38 $0.00
007-18-05-009 Out of B $0.00 $0.00 $0.00 $0.27760 $0.00 $0.00 $0.00
007-14-19-003 B1 $0.00 $0.00 $0.00 $0.27760 $0.00 $0.00 $0.00
007-14-19-002 B2 $0.00 $0.00 $0.00 $0.27760 $0.00 $0.00 $0.00
007-14-19-005 C $141,453.32 $1,800,000.00 $108,000.00 $0.27760 $29,980.80 $29,980.80 $0.00
007-14-19-004 C1 $0.00 $0.00 $0.00 $0.27760 $0.00 $0.00 $0.00
007-14-19-007 D $72,244.87 $477,250.00 $28,640.00 $0.27760 $7,950.46 $7,950.46 $0.00
007-14-19-006 D1 $0.00 $0.00 $0.00 $0.27760 $0.00 $0.00 $0.00
007-13-42-002 E $0.00 $0.00 $0.00 $0.27760 $0.00 $0.00 $0.00
007-13-42-001 E1 $0.00 $0.00 $0.00 $0.27760 $0.00 $0.00 $0.00
007-17-02-005 Out of F $393,628.04 $38,579,880.00 $2,314,800.00 $0.27760 $642,588.48 $393,628.04 $0.00
007-18-07-001 Out of F $0.00 $0.00 $0.00 $0.27760 $0.00 $0.00 $0.00
007-17-02-008 G $50,870.75 $1,230,000.00 $73,800.00 $0.27760 $20,486.88 $20,486.88 $0.00
007-18-06-001 G1 $820.57 $1,500.00 $90.00 $0.27760 $24.98 $24.98 $0.00
007-17-02-006 Out of H $7,558.54 $630,000.00 $37,800.00 $0.27760 $10,493.28 $7,558.54 $0.00
007-17-02-009 Out of H $2,519.51 $180,000.00 $10,800.00 $0.27760 $2,998.08 $2,519.51 $0.00
007-17-02-010 Out of H $2,519.51 $240,000.00 $14,400.00 $0.27760 $3,997.44 $2,519.51 $0.00
007-17-02-011 Out of H $2,519.51 $240,000.00 $14,400.00 $0.27760 $3,997.44 $2,519.51 $0.00
007-17-02-012 Out of H $2,519.51 $240,000.00 $14,400.00 $0.27760 $3,997.44 $2,519.51 $0.00
007-17-02-013 Out of H $2,519.51 $240,000.00 $14,400.00 $0.27760 $3,997.44 $2,519.51 $0.00
007-17-02-004 I $20,156.11 $99,190.00 $5,950.00 $0.27760 $1,651.72 $1,651.72 $0.00
007-17-02-003 J $351,144.32 $44,798,250.00 $2,687,890.00 $0.27760 $746,158.26 $351,144.32 $0.00
007-13-42-003 K $421,744.33 $1,590,000.00 $95,400.00 $0.27760 $26,483.04 $26,483.04 $0.00
007-13-42-004 K1 $0.00 $0.00 $0.00 $0.27760 $0.00 $0.00 $0.00
007-18-05-001 L $0.00 $0.00 $0.00 $0.27760 $0.00 $0.00 $0.00
007-17-02-007 L1 $0.00 $0.00 $0.00 $0.27760 $0.00 $0.00 $0.00
007-17-01-001 Riverfront strip $0.00 $0.00 $0.00 $0.27760 $0.00 $0.00 $0.00
Land owned by SC DOT $0.00 $0.00 $0.00 $0.27760 $0.00 $0.00 $0.00
$1,686,753.35 $112,353,580.00 $6,741,220.00 $1,871,362.66 $1,066,041.28 $0.00
2 The values shown here and used in the calculations are taken from an Aiken County website (www.aikencountysctax.com) on December 13, 2025; all City owned Parcels are presented here and calculated with an incremental
assessed value of zero ($0.00). As specified in the Rate and Method of Apportionment of Assessment, the Parcel's incremental assessed value is set to equal the Parcel's assessed value specified by Aiken County.
3 The millage rate shown and utilized in the calculations represents the sum of the contributing millages, including certain 2025 tax year Aiken County millages (inclusive of the Solid Waste millage) and Aiken County School
District Operating Millage (as adjusted, to meet the terms of the Intergovernmental Agreement between the Aiken County School District and the City of North Augusta), as well as the City of North Augusta's millage for 2026.
1 The values shown here are taken from an Aiken County website (www.aikencountysctax.com) on December 13, 2025. All City owned Parcels are presented with an appraised value of zero ($0.00).
Exhibit A