Councilmember J.R. Fruen said the projections are likely modest because they don't account for the city's growth with projects such as The Rise at the former Vallco Mall site. He said new housing in the pipeline will create a larger tax base later, but added the city needs this cushion.
One of the key takeaways from the report is that the mobile segment remains a dominant force in Take-Two's portfolio, accounting for 54% of total revenue.