HomeMy WebLinkAbout9/3/2026-w
Housing and Redevelopment Authority
Worksession
September 3, 2026 at 6 p.m.
Fridley Civic Campus 7071 University Avenue NE
Agenda
Items for Discussion
1.Review HRA Financial Management Plan
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AGENDA REPORT
Meeting Date: September 3, 2026
Meeting Type:Housing and Redevelopment Authority
Submitted By:Paul Bolin, Commmunity Development Director
Stacy Stromberg, Assistant Community Development Director/HRA
Title: Review HRA Financial Management Plan
Background
Annually, the Authority reviews its fund balances with financial advisor, Tammy Omdal. On
Thursday, September 3rd at the 6:00 p.m. work session, she will provide an overview of the
Financial Management Plan.
The Financial Management Plan is not an accounting tool; rather a forward-looking planning
tool providing a snapshot of the balances and obligations for each of the HRA's funds. These
projections assist in guiding the amount of investment the Authority can make in future projects
and provide parameters for investing in new housing programs.
Recommendation
Attachments and Other Resources
1.Fridley HRA Financial Management Plan Year 2026 asof 18AUG2026
Vision Statement
We believe Fridley will be a safe, vibrant, friendly, and stable home for families and
businesses.
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As of August 18, 2026
Northland Securities, Inc.
150 South Fifth Street, Suite 3300
Minneapolis, MN 55402
(800) 851-2920
Member NASD and SIPC
Registered with MSRB and SEC
DPOUFOUT
Study Approach ..................................................................................................................1
Using the Plan ....................................................................................................................1
Overview of TIF in Fridley ...................................................................................................2
Summary of TIF Districts ....................................................................................................3
Regulatory Framework .......................................................................................................5
Overall Management Strategy ...........................................................................................6
Statutory Factors ................................................................................................................7
7
8
Pooling8
8
9
10
Figure 1 - Map of Redevelopment Project No. 1 and TIF Districts within Project Area ....11
.........12
....................................................13
Total Combined HRA Funds ..............................................................................................14
Chart 1 - HRA Ending Cash Balance as of December 31, 2024 ....................................14
...............................................15
.............................................16
..............................................................17
Table 5 - Total Combined HRA Funds Pro Forma.........................................................18
HRA General Fund............................................................................................................20
Table 6 - HRA General Fund Pro Forma.......................................................................21
...........................................................................................................22
.....................................................................23
TIF District Summaries.....................................................................................................24
Table 8 - TIF Districts Fund Balances by Purpose........................................................25
Housing Replacement TIF District....................................................................................26
Table 9 - Housing Replacement TIF District Fund Pro Forma......................................27
...........................................................................29
Table 10 - TIF District 6 Fund Pro Forma.....................................................................30
..........................................................................32
Table 11 - TIF District 13 Fund Pro Forma...................................................................33
..........................................................................................35
Table 12 - TIF District 17 Fund Pro Forma...................................................................36
.........................................................................................38
Table 13 - TIF District 18 Fund Pro Forma ...................................................................39
........................................................................................41
Table 14 - TIF District 19 Fund Pro Forma ...................................................................42
.....................................44
.........................................................46
.................................................................................48
Table 16 - TIF District 21 Fund Pro Forma ...................................................................49
.........................................................................51
Table 17 - TIF District 22 Fund Pro Forma ...................................................................53
......................................................................................55
Table 18 - TIF District 23 Fund Pro Forma ...................................................................56
................................................................................................58
Table 19 - TIF District 24 Fund Pro Forma ...................................................................59
................................................................................61
Table 20 - TIF District 25 Fund Pro Forma ...................................................................62
.............................................................................................64
Table 21 - TIF District 26 Fund Pro Forma ...................................................................65
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Figure 1
Map of Redevelopment Project No. 1 and TIF Districts within Project Area
Figure 1A
Table 1
City of Fridley Housing and Redevelopment Authority
Summary of Tax Increment Financing (TIF) Districts
TIF District Data as of December 31, 2025
City Number TIF 1TIF 6TIF 13TIF 17TIF 18
NameHousing ReplacementLake Pointe (Medtronics)Satellite Ln ApartmentsGateway EastGateway West
TypeUncodified LawRedevelopmentRedevelopmentRedevelopmentRedevelopment
Date Established11/9/199511/18/19852/13/199512/11/20008/8/2005
Date Certification Requested11/16/199512/19/19853/21/19953/12/20018/23/2005
Date Certified7/18/199612/24/19856/20/19959/5/200112/29/2006
Year of First Increment19981987199820032008
Date of Five Year RuleNot applicableNot applicableNot applicable9/5/2011Not applicable
Date of DecertificationNot applicable12/31/202512/31/202312/31/202512/31/2033
Date of Most Recent
Not Applicable12/15/200312/15/200312/15/2003N/A
Modification
Original Tax RateNot ApplicableN/AN/AN/A92.322%
Current Taxable Market Value
7,666,722 N/AN/AN/A6,121,404
(TMV) Pay 2026
Base TMV 525,920 N/AN/AN/A443,160
Captured Tax Capacity71,413 N/AN/AN/A56,785
Number of Parcels21N/AN/AN/A17
Fund Balance416,815 74,512 484,559 41,407 (55,117)
Cash Balance418,649 469,591 484,559 41,407 490
Outstanding Obligations0 0 0 0 55,607
City Number TIF 21TIF 22TIF 23TIF 24TIF 25
NameGateway NortheastNorthstar Transit StationLocke Point ParkNorthern Stacks VIIIHolly Center Project
TypeRedevelopmentRedevelopmentRedevelopmentSoils ConditionRedevelopment
Date Established10/8/20125/6/20139/12/20166/11/20189/14/2020
Date Certification Requested6/5/20138/1/20131/3/20176/20/201810/8/2020
Date Certified8/7/20135/16/20143/17/20177/10/20188/3/2021
Year of First Increment20172017202020192023
Date of Five Year Rule8/7/2018Not applicable3/17/20227/10/20228/3/2026
Date of Decertification12/31/204212/31/204212/31/204512/31/203912/31/2048
Date of Most Recent
N/AN/AN/AN/AN/A
Modification
Original Tax Rate152.591%151.448%132.488%117.984%126.762%
Current Taxable Market Value
50,161,500 132,879,400 78,574,242 11,824,700 49,581,500
(TMV) Pay 2026
Base TMV 2,494,700 30,586,000 8,583,769 5,815,800 5,083,700
Captured Tax Capacity596,447 1,516,774 270,791 120,178 551,139
Number of Parcels101912012
Fund Balance(423,016)5,597,696 (3,993,832)(2,167)152,033
Cash Balance21,676 5,870,768 0 49,076 507,388
Outstanding Obligations444,692 6,543,966 3,995,124 530,682 5,763,761
Note: Dates of decertification in Table 1 are based on statutory maximum dates or actual decertification dates if a district was decertified earlier than than the statutory maximum
date.
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Chart 1
HRA Ending Cash Balance ($) as of December 31, 2025
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District Funds,
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13,957,192
13,632,512
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Table 2
Estimated Ending
Cash Balance
ActualEstimatedEstimatedEstimatedEstimatedEstimatedEstimatedEstimatedEstimatedEstimatedEstimatedEstimated
Fund202520262027202820292030203120322033
General Fund13,957,19213,876,07013,617,01413,255,60812,833,91912,349,38611,810,00311,227,66810,600,696
Housing Loan1,342,6672,359,1423,441,2973,795,7074,220,2754,669,3485,143,7795,644,4476,172,260
TIF 1418,649490,874565,656641,186717,471764,845801,753827,718853,943
TIF 6469,591--------
TIF 13484,559--------
TIF 1741,407--------
TIF 184902,089-------
TIF 1915,575--------
TIF 205,954,4346,441,5447,308,6028,932,95910,538,79912,142,04113,742,92115,341,66516,938,49218,528,659
TIF 2121,676253,845251,384253,898256,437259,001261,591264,207266,849
TIF 225,870,7686,391,2036,916,3427,446,2077,980,8208,520,2009,064,3669,613,33610,167,12510,725,749
TIF 23---------
TIF 2449,07660,30171,63883,09094,655106,336118,134169,162271,942
TIF 25507,388527,839558,021588,467619,178650,157681,404712,921744,710
TIF 265,49138,602153,517199,871247,904297,636349,086402,275457,224
Total HRA Funds29,138,96330,441,50932,883,47135,196,99037,509,45739,758,95041,973,03844,203,40046,473,24148,729,767
1. Cash includes tax increment funds accounted in the City's governmental funds for debt service reserve for TIF 20 in the (rounded) amount of $657,742 as of 12/31/2025. Adjusting for
this
reserve, the ending cash as of 12/31/2025 is $28,481,221, which is the amount reported in the audited 2025 financial statements.
Table 3
Estimated Ending
Fund Balances
ActualEstimatedEstimatedEstimatedEstimatedEstimatedEstimatedEstimatedEstimatedEstimatedEstimatedEstimated
Fund202520262027202820292030203120322033
General Fund20,540,05120,134,09419,738,72519,282,73918,763,03418,176,91417,532,24716,840,80016,100,75615,310,228
Housing Loan6,562,6247,521,0318,503,1868,757,5969,082,1649,431,2379,805,66810,206,33610,634,14911,090,041
TIF 1416,815490,874565,656641,186717,471764,845801,753827,718853,943
TIF 674,512--------
TIF 13484,559--------
TIF 1741,407--------
TIF 18(55,117)(43,016)-------
TIF 1915,575--------
TIF 203,869,4374,699,5745,566,6327,190,9898,796,82910,400,07112,000,95113,599,69515,196,52216,786,689
TIF 21(423,016)253,845251,384253,898256,437259,001261,591264,207266,849
TIF 225,597,6966,118,1316,643,2707,173,1357,707,7488,247,1288,791,2949,340,2649,894,05310,452,676
TIF 23(3,993,832)(3,891,313)(3,784,914)(3,674,549)(3,560,103)(3,441,427)(3,318,371)(3,190,777)(3,058,483)(2,921,322)
TIF 24(2,167)9,05820,39631,84743,41255,09466,892157,030271,942
TIF 25152,033182,046212,228242,673273,385304,363335,611367,128398,918
TIF 26(999)38,602153,517199,871247,904297,636349,086402,275457,224
Total HRA Funds33,279,57835,512,92637,870,08040,099,38342,328,28044,494,86246,626,72248,814,67851,015,87153,192,388
1. Ending Fund Balance includes tax increment funds accounted in the City's governmental funds for debt service reserve for TIF 20 in the amount of $657,742 as of 12/31/2025. Adjusting
for
this reserve, the ending fund balance as of 12/31/2025 is $32,621,835.
Table 4
Estimated Ending
Interfund Loan
Balances*
ActualEstimatedEstimatedEstimatedEstimatedEstimatedEstimatedEstimatedEstimatedEstimatedEstimatedEstimated
Fund202520262027202820292030203120322033
General Fund---------
Housing Loan---------
TIF 1---------
TIF 6---------
TIF 13---------
TIF 17---------
TIF 1855,60745,1051,409------
TIF 19---------
TIF 201,939,1041,741,9701,741,9701,741,9701,741,9701,741,9701,741,9701,741,9701,741,970
TIF 21444,692--------
TIF 22---------
TIF 233,995,1243,891,3133,784,9143,674,5493,560,1023,441,4273,318,3713,190,7773,058,483
TIF 24---------
TIF 25---------
TIF 266,364--------
Total HRA Funds6,440,8915,678,3885,528,2935,416,5195,302,0725,183,3975,060,3414,932,7474,800,453
*Balances Due to HRA General Fund
Table 5
202520262027202820292030203120322033
Total Combined HRA Funds
Revenues
Tax increment revenue7,487,7916,811,0536,268,3696,220,2626,221,4786,193,0246,183,3046,173,2166,174,444
Tax levy786,523770,700793,821817,636842,165867,430893,453920,256947,864
Charge for admin to TIF districts00000000
Interest on Interfund Loans300,985348,500348,537317,004284,160250,054225,288213,706201,629
Miscellaneous revenue176,8890000000
Interest and investment earnings1,290,529247,163290,000305,735312,640319,706326,169332,301338,617
Market Value Homestead Credit00000000
Loan/advance repayments031,30631,30631,30631,30631,30631,30631,30631,306
Payments from primary government462,361400,000400,000400,000400,000400,000400,000400,000400,000
Repayment / return of tax increment 00000000
Total Revenues 10,505,0788,608,7238,132,0328,091,9438,091,7498,061,5198,059,5208,070,7858,093,860
Expenditures
Land/building acquisition0400,000400,000400,000400,000400,000400,000400,000400,000
Site improvement/preparation costs3,5001,634,5591,150,0001,150,0001,150,0001,150,0001,150,0001,150,0001,150,000
Other public improvements191,09666,94666,94666,94620,00020,00020,00020,00020,000
HRA operating expenses980,2501,009,6581,039,9471,071,1461,103,2801,136,3781,170,4701,205,5841,241,751
Authority administrative costs for TIF24,277162,80188,03086,90790,97695,24899,733104,442109,385
County administrative costs for TIF10,9358,2026,5995,7275,7275,7275,7275,7275,727
Total Project Expenditures 1,210,0583,282,1652,751,5232,780,7262,769,9832,807,3542,845,9302,885,7532,926,863
Bond principal payments on all other bonds820,000860,000930,000975,0001,025,0001,045,0001,065,0001,085,0001,105,000
Bond principal payments for paygo755,894945,559893,8581,007,4481,053,9261,102,5851,153,5311,127,8731,154,154
Bond interest payments on all other bonds312,288270,288225,538177,913143,288122,588101,48879,98858,088
Bond interest payments for paygo1,392,603678,566812,889770,224723,746675,086624,140571,576521,032
Interest payment on interfund loans288,984281,813158,775151,330146,909142,325137,570132,641127,529
Tax increment returned to the county056,9822,29500000
Total Expenditures 4,779,8276,375,3745,774,8785,862,6405,862,8535,894,9375,927,6595,882,8305,892,666
Revenues Over (Under) Expenditures 5,725,2512,233,3482,357,1542,229,3032,228,8972,166,5822,131,8602,187,9552,201,194
Other Financing Sources and Uses
Transfer in682,172754,815757,66400000
Transfer out(682,172)(754,815)(757,664)00000
Sales of property177,4700000000
Total Other Financing Sources and Uses 177,4700000000
Net Change in Fund Balance 5,902,7212,233,3482,357,1542,229,3032,228,8972,166,5822,131,8602,187,9552,201,194
Ending Fund Balance 33,279,57835,512,92637,870,08040,099,38342,328,28044,494,86246,626,72248,814,67851,015,871
Table 5
202520262027202820292030203120322033
Total Combined HRA Funds
Assets
Cash29,138,96330,441,50932,883,47135,196,97937,509,44439,758,93641,973,02244,203,38546,473,226
Property held for resale000000000
Receivable - Note5,661,8896,161,8896,061,8895,961,8895,861,8895,761,8895,661,8895,561,8895,461,889
Receivable - Other883,36200000000
Due from other funds - TIF Loans6,440,8915,678,3885,528,2935,416,5195,302,0725,183,3975,060,3414,932,7474,800,453
Due from other funds - Other000000000
Land held for resale704,780740,420740,420740,420740,420740,420740,420740,420740,420
Other assets1700000000
Total Assets42,829,90243,022,20645,214,07347,315,80749,413,82551,444,64253,435,67255,438,44157,475,988
Liabilities
Due to other funds - TIF Loans6,440,8915,678,3885,528,2935,416,5195,302,0725,183,3975,060,3414,932,7474,800,453
Due to primary government552,363420,365405,173389,374372,943355,855338,083319,600300,378
Other liabilities and deferred inflows2,557,0701,410,5281,410,5271,410,5281,410,5281,410,5281,410,5281,371,4171,359,285
Total Liabilities9,550,3247,509,2807,343,9947,216,4217,085,5436,949,7796,808,9526,623,7646,460,116
Total Fund Balance33,279,57835,512,92637,870,08040,099,38342,328,28044,494,86246,626,72248,814,67851,015,871
Total Liabilities and Fund Balance42,829,90243,022,20645,214,07447,315,80449,413,82351,444,64153,435,67455,438,44157,475,988
Notes:
1. Cash includes tax increment funds accounted in the City's governmental funds for debt service reserve for TIF 20 in the (rounded) amount of $657,742 as of 12/31/2025. Adjusting for
this reserve, the ending cash as of
12/31/2025 is $28,481,221 which is the amount reported in the audited 2025 financial statements.
2. Ending Fund Balance includes tax increment funds accounted in the City's governmental funds for debt service reserve for TIF 20 in the amount of $657,742 as of 12/31/2025. Adjusting
for this reserve, the ending fund balance
as of 12/31/2025 is $32,621,835.
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ISB!Hfofsbm!Gvoe!ibt!dbti!bwbjmbcmf!gspn!sfdfjqu!pg!uby!
jodsfnfou!gspn!UJG!Ejtusjdu!34!up!sfqbz!uif!joufsgvoe!mpbo!
uif!ISB!ibt!qspwjefe!gvoet!uispvhi!jttvbodf!pg!uby!
uif!ISB!Hfofsbm!Gvoe!nbef!up!UJG!Ejtusjdu!34/
jodsfnfou!sfwfovf!cpoet!boe!hfofsbm!pcmjhbujpo!uby!
jodsfnfou!cpoet!hvbsbouffe!cz!uif!Djuz/
Puifs!tpvsdft!pg!sfwfovf!jodmvef!njtdfmmbofpvt!boe!
opo.sfdvssjoh!tpvsdft!pg!sfwfovf!dpnf!gspn!hsbout!
boe!epobujpot-!boe!puifs!pof.ujnf!tpvsdft!tvdi!bt!tbmf!
Table 6
202520262027202820292030203120322033
HRA General Fund
Revenues
Tax levy251,944152,700157,281161,999166,859171,865177,021182,332187,802
Interest on Interfund Loans300,985348,500348,537317,004284,160250,054225,288213,706201,629
Miscellaneous revenue72,9230
Interest and investment earnings683,898102,500138,761136,170132,556128,339123,494118,100112,277
Total Revenues 1,309,750603,700644,578615,174583,576550,258525,803514,138501,707
Expenditures
HRA operating expenses980,2501,009,6581,039,9471,071,1461,103,2801,136,3781,170,4701,205,5841,241,751
Total Project Expenditures 980,2501,009,6581,039,9471,071,1461,103,2801,136,3781,170,4701,205,5841,241,751
Total Expenditures 980,2501,009,6581,039,9471,071,1461,103,2801,136,3781,170,4701,205,5841,241,751
Revenues Over (Under) Expenditures 329,500(405,958)(395,369)(455,972)(519,704)(586,120)(644,667)(691,446)(740,044)
Other Financing Sources and Uses
Sales of property177,470
Total Other Financing Sources and Uses 177,4700000000
Net Change in Fund Balance 506,970(405,958)(395,369)(455,972)(519,704)(586,120)(644,667)(691,446)(740,044)
Beginning Fund Balance 20,033,08120,540,05120,134,09419,738,72519,282,75318,763,04918,176,92817,532,26116,840,815
Ending Fund Balance 20,540,05120,134,09419,738,72519,282,75318,763,04918,176,92817,532,26116,840,81516,100,771
Assets
Cash13,957,19213,876,07013,617,01413,255,60812,833,91912,349,38611,810,00311,227,66810,600,696
Receivable - Note400,0001,000,0001,000,0001,000,0001,000,0001,000,0001,000,0001,000,0001,000,000
Receivable - Other871,156
Due from other funds - TIF Loans6,440,8915,678,3885,526,8845,416,5195,302,0725,183,3975,060,3414,932,7474,800,453
Land held for resale621,120659,370659,370659,370659,370659,370659,370659,370659,370
Other assets0
Total Assets22,290,35921,213,82820,803,26820,331,49719,795,36219,192,15318,529,71417,819,78517,060,519
Liabilities
Due to primary government406,470420,365405,173389,374372,943355,855338,083319,600300,378
Other liabilities and deferred inflows1,343,838659,370659,370659,370659,370659,370659,370659,370659,370
Total Liabilities1,750,3081,079,7351,064,5431,048,7441,032,3131,015,225997,453978,970959,748
Total Fund Balance20,540,05120,134,09419,738,72519,282,75318,763,04918,176,92817,532,26116,840,81516,100,771
Total Liabilities and Fund Balance22,290,35921,213,82820,803,26820,331,49719,795,36219,192,15318,529,71417,819,78517,060,519
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jt!qspkfdufe!up!sfnbjo!qptjujwf!pwfs!uif!qmboojoh!qfsjpe/!
pg!Njooftpub!3134-!Dibqufs!48-!Bsujdmf!6-!Tfdujpo!3/!Uif!
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efqfoe!po!uif!ujnjoh!gps!qpufoujbm!mpbo!sfqbznfout!boe!
qmbo!jodmveft!bo!ftujnbuf!pg!%511-111!boovbmmz!jo!tbmft!uby!
uif!bnpvout!pg!usbotgfst!gspn!UJG!Ejtusjdu!31/!Uif!qmbo!
sfwfovf!gps!ipvtjoh/
bttvnft!dpmmfdujpo!pg!%211-111!boovbmmz!up!sfevdf!uif!
sfdfjwbcmf!gspn!opuft-!uijt!jt!b!qmbdfipmefs!ftujnbuf/!Uijt!
xjmm!offe!up!cf!npojupsfe!boe!boz!tipsugbmmt-!evf!up!ujnjoh!
Uif!tpvsdf!pg!gvoet!jo!gvuvsf!zfbst!xjmm!dpnf!gspn!
pg!sfdfjqu!pg!gvoet!boe!puifs!gbdupst-!nvtu!cf!beesfttfe!
qspqfsuz!ubyft-!tbmft!uby!sfwfovf-!boe!mpbo!sfqbznfout!
uispvhi!uif!ISB!Hfofsbm!Gvoe!ps!puifs!tusbufhjft/!
boe!usbotgfst!gspn!UJG!Ejtusjdu!31!qvstvbou!up!uif!tqfdjbm!
mfhjtmbujpo/!
Table 7
202520262027202820292030203120322033
Housing Program Fund 020
Revenues
Tax increment revenue
Tax levy534,579618,000636,540655,636675,305695,564716,431737,924760,062
Charge for admin to TIF districts
Interest on Interfund Loans
Miscellaneous revenue103,966
Interest and investment earnings40,90121,23223,59134,41337,95742,20346,69351,43856,444
Market Value Homestead Credit
Loan/advance repayments31,30631,30631,30631,30631,30631,30631,30631,306
Payments from primary government462,361400,000400,000400,000400,000400,000400,000400,000400,000
Repayment / return of tax increment
Total Revenues 1,141,8071,070,5381,091,4371,121,3551,144,5681,169,0731,194,4311,220,6681,247,813
Expenditures
Land/building acquisition400,000400,000400,000400,000400,000400,000400,000400,000
Site improvement/preparation costs400,000400,000400,000400,000400,000400,000400,000400,000
Other public improvements168,79266,94666,94666,94620,00020,00020,00020,00020,000
Total Expenditures 168,792866,946866,946866,946820,000820,000820,000820,000820,000
Revenues Over (Under) Expenditures 973,015203,592224,491254,409324,568349,073374,431400,668427,813
Other Financing Sources and Uses
Transfer in682,172754,815757,6640000
Total Other Financing Sources and Uses 682,172754,815757,66400000
Net Change in Fund Balance 1,655,187958,407982,155254,409324,568349,073374,431400,668427,813
Ending Fund Balance 6,562,6247,521,0318,503,1868,757,5969,082,1649,431,2379,805,66810,206,33610,634,149
Assets
Cash1,342,6672,359,1423,441,2973,795,7074,220,2754,669,3485,143,7795,644,4476,172,260
Receivable - Note5,261,8895,161,8895,061,8894,961,8894,861,8894,761,8894,661,8894,561,8894,461,889
Total Assets6,604,5567,521,0318,503,1868,757,5969,082,1649,431,2379,805,66810,206,33610,634,149
Liabilities
Other liabilities41,932
Total Liabilities41,9320000000
Total Fund Balance6,562,6247,521,0318,503,1868,757,5969,082,1649,431,2379,805,66810,206,33610,634,149
Total Liabilities and Fund Balance6,604,5567,521,0318,503,1868,757,5969,082,1649,431,2379,805,66810,206,33610,634,149
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ejtusjdu/!Fbdi!tvnnbsz!dpoubjot!uif!gpmmpxjoh!jogpsnbujpo;
2/!Pwfswjfx!pg!uif!UJG!ejtusjdu!boe!jnqspwfnfout!
dpnqmfufe!ps!qspqptfe!up!cf!dpnqmfufe/
3/!Nbobhfnfou!sfdpnnfoebujpot!boe!pqqpsuvojujft!
boe!dibmmfohft/
4/!Lfz!ebuft!boe!puifs!gbdupst!gps!uif!UJG!ejtusjdu/
5/!Dvssfou!mjtujoh!pg!qbsdfmt!xjuijo!uif!UJG!ejtusjdu/
6/!Qsp!gpsnb!gps!uif!UJG!ejtusjdu-!jodmvejoh!qsjps!zfbst!
uif!sfnbjojoh!mjgf!pg!uif!ejtusjdu-!xijdifwfs!jt!hsfbufs
Ubcmf!9!uibu!gpmmpxt!qspwjeft!bwbjmbcmf!gvoe!cbmbodft!cz!
UJG!ejtusjdu!cbtfe!po!zfbs.foe!3136!boe!ftujnbufe!gvuvsf!
gvoe!cbmbodf!bnpvout!cbtfe!po!gvuvsf!bdujwjuz!gps!mjgf!pg!
ejtusjdu!ps!bt!pg!Efdfncfs!42-!3147-!xijdifwfs!jt!fbsmjfs/
Uif!bduvbm!bwbjmbcmf!gvoet!nbz!wbsz!efqfoejoh!po!
fbdi!sftqfdujwf!ejtusjdu/!Uif!jogpsnbujpo!jo!Ubcmf!9!jt!gps!
qsfmjnjobsz!qmboojoh!qvsqptft/!Cfgpsf!bduvbm!vtf!pg!gvoet!
uibu!nbz!bqqmz!gps!fbdi!pg!uif!sftqfdujwf!ejtusjdut/
Table 8
Tax Increment Financing Districts
Fund Balance
Future Ending Fund Balance Estimates for as of Year End
Estimated Ending Fund Balances as of Year End 2025
2036
Excess TIF to be
Excess TIF to be
Funds Available for Returned to Local Total Funds Funds Available for
TIF DistrictReturned to Local
AvailableRedevelopment
RedevelopmentTaxing
Taxing Jurisdictions
Jurisdictions
TIF 1416,815-904,334-
416,815
TIF 674,512---
74,512
TIF 13484,559---
484,559
TIF 1741,407---
41,407
TIF 18----
-
TIF 1915,575---
TIF 20----
TIF 21--274,935-
TIF 225,597,696-12,334,477-
TIF 23----
TIF 24--623,250-
TIF 25152,033-1,021,476-
Total6,782,597-1,017,29315,158,472-
Notes:
1. The facts for each individual TIF district should be reviewed and confirmed before spending of funds.
2. A negative amount indicates funds are due to another non-TIF fund as authorized by an interfund loan.
3. Available funds must be spent within the boundaries of Redevelopment Project No. 1.
4. The amounts shown are after, or do not include fund balance that is available for existing obligations.
5. Changes to special legislation that may occur, among any other changages to the statutes that govern the use of tax increments, may
impact the amounts above for certain districts.
City NumberTIF 1
Housing
Name
Replacement
Uif!Ipvtjoh!Sfqmbdfnfou!UJG!Ejtusjdu!)sfgfssfe!up!bt!UJG!2!
TypeUncodified Law
gps!qvsqptf!pg!uif!Qmbo*!jt!b!tdbuufsfe!tjuf!ejtusjdu!gps!vtf!cz!
Date Established11/9/1995
uif!Ipvtjoh!Sfqmbdfnfou!Qsphsbn!)ISQ*/!Podf!b!qbsdfm!
Date Certification Requested11/16/1995
Date Certified7/18/1996
jt!jodmvefe!jo!uif!ejtusjdu-!uif!ISB!dpmmfdut!uby!jodsfnfou!
Year of First Increment1998
gps!b!qfsjpe!pg!26!zfbst/!Uif!jodsfnfou!jt!vtfe!up!ifmq!
Date of Five Year RuleNot applicable
dpwfs!tpnf!pg!uif!dptut!pg!uif!qsphsbn-!)j/f/!bdrvjtjujpo-!
Date of DecertificationNot applicable
Date of Most Recent ModificationNot Applicable
efnpmjujpo-!qspqfsuz!nbjoufobodf!fud*/
Original Tax RateNot Applicable
Current Taxable Market Value (TMV) Pay 20267,666,722
Tjodf!uif!qsphsbn!psjhjobmmz!cfhbo!jo!2::6-!uif!ISB!ibt!
Base TMV 525,920
bqqspwfe!25!qibtft/!Bt!pg!dvssfou!uby!zfbs!uifsf!bsf!32!
Captured Tax Capacity71,413
qbsdfmt!jodmvefe!jo!uif!ejtusjdu/!Voefs!tqfdjbm!mfhjtmbujpo!
Number of Parcels21
Fund Balance416,815
bqqspwfe!jo!Bqsjm!3121-!uif!Bvuipsjuz!dbo!eftjhobuf!vq!
Cash Balance418,649
up!211!qbsdfmt-!jodmvtjwf!pg!uif!qspqfsujft!bmsfbez!jo!uif!
Outstanding Obligations0
qsphsbn/
Parcels as of 2025 for Tax Year 2026:
033024220069263024320091
Uif!hpbmt!pg!uif!ISQ!jodmvef!fmjnjobujoh!cmjhiufe!boe!
033024230011263024320104
tvctuboebse!ipnft!uispvhi!efnpmjujpo-!up!qsftfswf!boe!
033024230028263024330050
fyqboe!uif!Djuzt!uby!cbtf!uispvhi!ofx!dpotusvdujpo-!boe!
033024230029
up!fodpvsbhf!ofjhicpsippe!sfwjubmj{bujpo!uispvhi!sf.
033024230088
jowftunfou/!Uif!ISB!qvsdibtft!qspqfsujft!po!b!wpmvoubsz!
033024230237
cbtjt-!ejsfdumz!gspn!uif!pxofs!ps!uispvhi!gpsfdmptvsf/!
033024230241
033024230242
Podf!bdrvjsfe-!uif!tusvduvsft!bsf!efnpmjtife!boe!uif!mput!
033024240001
nbz!uifo!cf!tpme!up!qsjwbuf!qbsujft!cvjmejoh!nbslfu!sbuf!
033024310077
tjohmf!gbnjmz!ipnft/
133024330032
143024140080
143024240002
233024220078
Uifsf!bsf!op!nbobhfnfou!jttvft!opufe/!
233024230089
233024230172
Cbtfe!po!bttvnqujpot!gps!gvuvsf!jodsfnfou-!boe!uif!
233024230173
qibtjoh!pvu!pg!fyjtujoh!qspqfsujft!)cbtfe!po!26!zfbs!mjnju*!
233024430049
uif!gvoe!jt!qspkfdufe!up!nbjoubjo!qptjujwf!dbti!boe!gvoe!
cbmbodf!xjui!qspkfdufe!jodsfbtf!jo!cbmbodft!pwfs!uif!
qmboojoh!qfsjpe/!
Table 9
TIF Plan
TIF 1 (Housing Replacement Fund
Prior Years as
Estimates 202520262027202820292030203120322033
of Year 2024
065)
(Budget)
Revenues
Tax increment revenue438,421815,60670,19370,19370,19370,19370,19340,52029,57918,26818,268
Tax levy
Charge for admin to TIF districts
Interest on Interfund Loans
Miscellaneous revenue
Interest and investment earnings109,22319,7004,1864,9095,6576,4127,1757,6488,0188,277
Market Value Homestead Credit23,299
Loan/advance repayments
Payments from primary government
Repayment / return of tax increment
Total Revenues 438,421948,12889,89374,37975,10275,85076,60547,69537,22826,28526,545
Expenditures
Land/building acquisition2,250,000901,929
Site improvement/preparation costs575,000507,4773,500
Utilities125,000
Other public improvements
Construction of affordable housing
Temporary economic development
HRA operating expenses
Authority administrative costs for TIF125,000177,980
County administrative costs for TIF27,468337320320320320320320320320
Total Project Expenditures 3,075,0001,614,8543,837320320320320320320320320
Bond principal payments on all other bonds
Bond principal payments for paygo
Bond interest payments on all other bonds
Bond interest payments for paygo
Interest payment on interfund loans
Tax increment returned to the county
Total Expenditures 3,075,0001,614,8543,837320320320320320320320320
Revenues Over (Under) Expenditures(2,636,579)(666,726)86,05674,05974,78275,53076,28547,37536,90825,96526,225
Other Financing Sources and Uses
Transfer in
Transfer out
Bond issued (other than refunding bonds)
Refunding bonds issued
Bonds refunded
Bond discount
Bond premium
Sales of property997,485
Total Other Financing Sources and Uses 0997,485000000000
Net Change in Fund Balance(2,636,579)330,75986,05674,05974,78275,53076,28547,37536,90825,96526,225
Ending Fund Balance(2,636,579)330,759416,815490,874565,656641,186717,471764,845801,753827,718853,943
Table 9
TIF Plan
TIF 1 (Housing Replacement Fund
Prior Years as
Estimates 2025202620272028202920302031203220332034
of Year 2024
065)
(Budget)
Assets
Cash330,759418,649490,874565,656641,186717,471764,845801,753827,718853,943871,747
Property held for resale
Receivable - Note
Receivable - Other6,13110,838
Due from other funds - TIF Loans
Due from other funds - Other
Land held for resale81,05081,05081,05081,05081,05081,05081,05081,05081,05081,05081,050
Other assets
Total Assets417,940510,537571,924646,706722,236798,521845,895882,803908,768934,993952,797
Liabilities
Due to other funds - TIF Loans
Due to primary government
Other liabilities and deferred inflows87,18193,72281,05081,05081,05081,05081,05081,05081,05081,05081,050
Total Liabilities87,18193,72281,05081,05081,05081,05081,05081,05081,05081,05081,050
Total Fund Balance330,759416,815490,874565,656641,186717,471764,845801,753827,718853,943871,747
Total Liabilities and Fund Balance417,940510,537571,924646,706722,236798,521845,895882,803908,768934,993952,797
Fund Balance by Purpose
To be returned to County / Excess TIF
Available for redevelopment projects330,759416,815490,874565,656641,186717,471764,845801,753827,718853,943871,747
Available for other purpose auth by special legislation
Available for pledge to general obligation bonds
Available for affordable housing projects
Available for other purposes / to be reimbursed from TIF00000000000
Total Fund Balance330,759416,815490,874565,656641,186717,471764,845801,753827,718853,943871,747
Total amount of bonds authorized/issued*0
Total amount of bonds outstanding
*Actual amounts may exceed authorized in this report due to capitalized interest, estimates come from the amortization schedules for the obligations
City NumberTIF 6
Lake Pointe
Name
(Medtronics)
Ejtusjdu!7!xbt!psjhjobmmz!ftubcmjtife!gps!uif!tjuf!pg!
TypeRedevelopment
Nfeuspojd!Dpsqpsbuf!Ifbervbsufs!dbnqvt/!Uif!dpsqpsbuf!
Date Established11/18/1985
Date Certification Requested12/19/1985
Date Certified12/24/1985
Dpsqpsbuf!Ifbervbsufst-!Ofvspmphjdbm!Cvjmejoh-!sftfbsdi!
Year of First Increment1987
gbdjmjuz-!qbsljoh!tusvduvsf-!fevdbujpo!dfoufs-!boe!ebzdbsf!
Date of Five Year RuleNot applicable
Date of Decertification12/31/2025
gbdjmjuz/
Date of Most Recent Modification12/15/2003
Original Tax RateN/A
B!36!zfbs!tqfdjbm!mfhjtmbujpo!sfefwfmpqnfou!uby!jodsfnfou!
Current Taxable Market Value (TMV) Pay 2026N/A
Base TMV N/A
Captured Tax CapacityN/A
dmfbs!boe!qsfqbsf!uif!tjuf!gps!sfefwfmpqnfou!jo!2::9/
Number of ParcelsN/A
Fund Balance74,512
Cash Balance469,591
bepqufe!UJG!Qmbo!boe!tubuvupsz!mjnjubujpot/
Outstanding Obligations0
Parcels as of 2025 for Tax Year 2026:
Uif!ejtusjdu!jt!opu!tvckfdu!up!uif!mjnjubujpot!pg!qppmjoh!
pvutuboejoh!pcmjhbujpot/
Uif!ofhbujwf!gvoe!cbmbodf!jt!evf!up!uif!ujnjoh!pg!uif!
sfdpsejoh!pg!uif!fyqfoejuvsf!gps!qbznfou!po!uif!UJG!Opuf/!!
dpmmfdujpo!pg!uby!jodsfnfou/!Uif!Qmbo!qspkfdut!uibu!uif!
ejtusjdu!xjmm!cf!dmptfe!jo!3137!xjui!b!%1!foejoh!cbmbodf-!
bgufs!qbznfou!pg!benjojtusbujwf!dptut/
Table 10
TIF Plan
District 6 (Lake-Pointe-Medtronic
Prior Years as
Estimates 202520262027202820292030203120322033
of Year 2024
Fund 045)
(Budget)
Revenues
Tax increment revenue98,950,00015,564,752887,440
Tax levy
Charge for admin to TIF districts
Interest on Interfund Loans
Miscellaneous revenue
Interest and investment earnings9,900,00080,0535,5544,6960000000
Market Value Homestead Credit
Loan/advance repayments
Payments from primary government10,000,0002,888
Repayment / return of tax increment
Total Revenues 118,850,00015,647,693892,9944,6960000000
Expenditures
Land/building acquisition12,702,81911,272,994
Site improvement/preparation costs12,253,7251,816,555
Utilities3,557,2731,293,773
Other public improvements79,311,0272,202,426
Construction of affordable housing
Temporary economic development
HRA operating expenses
Authority administrative costs for TIF9,900,0001,136,3151,16078,463
County administrative costs for TIF025,163745745
Total Project Expenditures 117,724,84417,747,2261,90579,2080000000
Bond principal payments on all other bonds17,901,539
Bond principal payments for paygo--------
Bond interest payments on all other bonds48,000,0003,724,924
Bond interest payments for paygo14,025,987798,697------
Interest payment on interfund loans
Tax increment returned to the county
Total Expenditures 165,724,84453,399,676800,60279,2080000000
Revenues Over (Under) Expenditures(46,874,844)(37,751,983)92,392(74,512)0000000
Other Financing Sources and Uses
Transfer in5,152,592
Transfer out0
Bond issued (other than refunding bonds)26,981,511
Refunding bonds issued
Bonds refunded
Bond discount
Bond premium
Sales of property5,600,000
Total Other Financing Sources and Uses 037,734,103000000000
Net Change in Fund Balance(46,874,844)(17,880)92,392(74,512)0000000
Beginning Fund Balance 0(17,880)74,5120000000
Ending Fund Balance(46,874,844)(17,880)74,51200000000
Table 10
TIF Plan
District 6 (Lake-Pointe-Medtronic
Prior Years as
Estimates 2025202620272028202920302031203220332034
of Year 2024
Fund 045)
(Budget)
Assets
Cash365,384469,59100000000
Property held for resale
Receivable - Note
Receivable - Other
Due from other funds - TIF Loans
Due from other funds - Other
Land held for resale
Other assets
Total Assets365,384469,59100000000
Liabilities
Due to other funds - TIF Loans95,3030---------
Due to primary government
Other liabilities287,961395,079
Total Liabilities383,264395,07900000000
Total Fund Balance(17,880)74,51200000000
Total Liabilities and Fund Balance365,384469,59100000000
Fund Balance by Purpose
To be returned to County / Excess TIF
Available for redevelopment projects074,51200000000
Available for other purpose auth by special legislation
Available for pledge to general obligation bonds
Available for affordable housing projects
Available for other purposes / to be reimbursed from TIF(17,880)000000000
Total Fund Balance(17,880)74,51200000000
Total amount of bonds authorized/issued*40,000,00029,281,84229,281,84229,281,84229,281,84229,281,84229,281,84229,281,84229,281,84229,281,84229,281,84229,281,842
Total amount of bonds outstanding**53,021,49200000
*Actual amounts may exceed authorized in this report due to capitalized interest, estimates come from the amortization schedules for the obligations
**Statutory decertification date was 12/31/2025. There are no bonds or obligations outstanding for TIF 6 after the decertification date.
City NumberTIF 13
NameSatellite Ln Apartments
Uif!Disjtufotfo!Dspttjoh!efwfmpqnfou!dpotjtut!pg!229!
TypeRedevelopment
sftjefoujbm!vojut/!Tjyuz.gpvs!pg!uif!vojut!bsf!uisff!tupsz!
Date Established2/13/1995
Date Certification Requested3/21/1995
buubdife!Hbcmf!Upxoipnf!vojut/!Uif!sfnbjojoh!65!
Date Certified6/20/1995
vojut!bsf!efubdife!Wjmmbhf!Ipnf!upxoipnf!vojut/!Uijt!
Year of First Increment1998
Date of Five Year RuleNot applicable
efwfmpqnfou!sfqmbdfe!gpvs!tvc.tuboebse!bqbsunfou!
Date of Decertification12/31/2023
dpnqmfyft/!
Date of Most Recent Modification12/15/2003
Original Tax RateN/A
Vqpo!uif!ISBt!sfdpnnfoebujpo-!uif!Djuz!sf{pofe!
Current Taxable Market Value (TMV) Pay 2026N/A
Base TMV N/A
uif!efwfmpqnfou!qspqfsuz!xjuijo!uif!ejtusjdu/!Uif!ISB!
Captured Tax CapacityN/A
bdrvjsfe!uif!qspqfsuz-!boe!vqpo!tbujtgbdujpo!pg!dfsubjo!
Number of ParcelsN/A
dpousbduvbm!sfrvjsfnfout-!uif!efwfmpqnfou!qspqfsuz!xbt!Fund Balance484,559
Cash Balance484,559
dpowfzfe!up!uif!efwfmpqfs/!
Outstanding Obligations0
Parcels as of 2025 for Tax Year 2026:
Tqfdjbm!mfhjtmbujpo!gps!uif!ejtusjdu!)uibu!bmtp!bqqmjfe!up!
UJG!ejtusjdut!22!boe!24*!qspwjeft!bvuipsjuz!gps!uif!ISB!up!
tqfoe!bwbjmbcmf!jodsfnfou!gspn!uif!ejtusjdu!gps!UJG!fmjhjcmf!
qspkfdu!dptut!jo!UJG!Ejtusjdu!33-!uif!Opsuitubs!Tubujpo!bsfb/!
Bu!uif!foe!pg!3136!)nptu!sfdfou!bvejufe!zfbs*-!uifsf!xbt!
%595-66:!pg!dbti!xjuijo!UJG!Ejtusjdu!24!)UJG!Ejtusjdu!22!xbt!
dmptfe!jo!3131!boe!UJG!Ejtusjdu!23!Gvoe!xbt!dmptfe!jo!3135*/!
24!nvtu!cf!tqfou-!ps!dpnnjunfout!nbef!up!tqfoe-!gps!
fmjhjcmf!dptut!jo!uif!Opsuitubs!Tubujpo!Bsfb/!Uif!Qmbo!tipxt!
bmm!sfnbjojoh!gvoet!jo!UJG!Ejtusjdu!24!xjmm!cf!tqfou!jo!3137/
Uif!Qmbo!bttvnft!uif!ISB!xjmm!opu!dibshf!boz!beejujpobm!
benjojtusbujwf!dptut!up!UJG!Ejtusjdu!24!boe!bmm!bwbjmbcmf!
gvoet!xjmm!cf!vtfe!gps!qspkfdu!dptut!pg!UJG!Ejtusjdu!33/
Uif!Qmbo!ftujnbuft!uibu!uif!sfnbjojoh!gvoet!jo!UJG!Ejtusjdu!
24!xjmm!cf!vtfe!jo!3137!boe!uif!gvoe!dmptfe!jo!3137-!uif!
bduvbm!ujnjoh!pg!vtf!pg!gvoet!nbz!wbsz!gspn!uijt!ftujnbuf/
Table 11
TIF Plan
TIF 13 (Satellite Ln Apartments Fund
Prior Years as
Estimates 202520262027202820292030203120322033
of Year 2024
049)
(Budget)
Revenues
Tax increment revenue1,800,0001,087,915
Tax levy
Charge for admin to TIF districts
Interest on Interfund Loans
Miscellaneous revenue
Interest and investment earnings180,000102,379
Market Value Homestead Credit49,531
Loan/advance repayments
Payments from primary government
Repayment / return of tax increment
Total Revenues 1,980,0001,239,825000000000
Expenditures
Land/building acquisition2,500,000558,062
Site improvement/preparation costs525,0002,666484,559
Utilities
Other public improvements25,00048,23717,838
Construction of affordable housing
Temporary economic development
HRA operating expenses
Authority administrative costs for TIF180,000117,168
County administrative costs for TIF11,295
Total Project Expenditures 3,230,000737,42817,838484,5590000000
Bond principal payments on all other bonds
Bond principal payments for paygo
Bond interest payments on all other bonds4,575,000
Bond interest payments for paygo
Interest payment on interfund loans
Tax increment returned to the county
Total Expenditures 7,805,000737,42817,838484,5590000000
Revenues Over (Under) Expenditures(5,825,000)502,397(17,838)(484,559)0000000
Other Financing Sources and Uses
Transfer in
Transfer out
Bond issued (other than refunding bonds)
Refunding bonds issued
Bonds refunded
Bond discount
Bond premium
Sales of property
Total Other Financing Sources and Uses 00000000000
Net Change in Fund Balance(5,825,000)502,397(17,838)(484,559)0000000
Ending Fund Balance(5,825,000)502,397484,55900000000
Table 11
TIF Plan
TIF 13 (Satellite Ln Apartments Fund
Prior Years as
Estimates 2025202620272028202920302031203220332034
of Year 2024
049)
(Budget)
Assets
Cash502,397484,559000000000
Property held for resale
Receivable - Note
Receivable - Other12
Due from other funds - TIF Loans
Due from other funds - Other
Land held for resale
Other assets
Total Assets502,397484,571000000000
Liabilities
Due to other funds - TIF Loans
Due to primary government
Other liabilities12
Total Liabilities012000000000
Total Fund Balance502,397484,559000000000
Total Liabilities and Fund Balance502,397484,571000000000
Fund Balance by Purpose
To be returned to County / Excess TIF
Available for redevelopment projects502,397484,559000000000
Available for other purpose auth by special legislation
Available for pledge to general obligation bonds
Available for affordable housing projects
Available for other purposes / to be reimbursed from TIF00000000000
Total Fund Balance502,397484,559000000000
Total amount of bonds authorized/issued*3,812,000162,000162,000162,000162,000
Total amount of bonds outstanding
*Actual amounts may exceed authorized in this report due to capitalized interest, estimates come from the amortization schedules for the obligations
City NumberTIF 17
NameGateway East
Uif!ejtusjdu!xbt!ftubcmjtife!up!usbotgpsn!b!gpsnfs!
TypeRedevelopment
dpnnfsdjbm!bsfb!joup!b!wjbcmf!sftjefoujbm!efwfmpqnfou/!Uif!
Date Established12/11/2000
sfefwfmpqnfou!qspkfdu!sfqmbdfe!b!qbxotipq-!bvupnpujwf!
Date Certification Requested3/12/2001
Date Certified9/5/2001
sfqbjs!tipq-!evqmfy-!boe!uxp!wbdbou!mput!xjui!b!46.voju!
Year of First Increment2003
upxoipnf!dpnqmfy/!Uif!dpnqmfy!xbt!dpnqmfufe!jo!
Date of Five Year Rule9/5/2011
3113/!Up!bdijfwf!uif!eftjsfe!ipvtjoh!efotjuz!boe!dsfbuf!b!
Date of Decertification12/31/2025
Date of Most Recent Modification12/15/2003
sftjefoujbm!dibsbdufs-!wbdbujpo!pg!qpsujpot!pg!uif!Vojwfstjuz!
Original Tax RateN/A
Tfswjdf!Spbe!boe!68ui!Qmbdf!xfsf!dpnqmfufe/
Current Taxable Market Value (TMV) Pay 2026N/A
Base TMV N/A
Captured Tax CapacityN/A
Number of ParcelsN/A
Fund Balance41,407
Uif!ejtusjdu!ibe!!b!qptjujwf!foejoh!gvoe!cbmbodf!bt!pg!zfbs.
Cash Balance41,407
foe!3136/!Uif!ejtusjdu!ibt!op!pvutuboejoh!pcmjhbujpot/!Uif!
Outstanding Obligations0
joufsgvoe!mpbo!qbzbcmf!up!uif!ISB!Hfofsbm!Gvoe!xbt!qbje!
Parcels as of 2025 for Tax Year 2026:
uif!sfnbjojoh!cbmbodf!pg!uby!jodsfnfout!up!uif!Dpvouz!gps!
sfejtusjcvujpo!up!uif!djuz-!dpvouz-!boe!tdippm!ejtusjdu/!
Uif!benjojtusbujwf!dptut!dibshfe!up!uif!ejtusjdu!ibwf!
fydffefe!uif!nbyjnvn!bmmpxfe!cz!mbx!)21&!pg!uby!
jodsfnfou*/!Op!gvsuifs!benjojtusbujwf!dptut!dbo!cf!
dibshfe!up!uif!ejtusjdu/
Table 12
TIF Plan
Prior Years as
Estimates 202520262027202820292030203120322033
TIF 17 (Gateway East Fund 051)
of Year 2024
(Budget)
Revenues
Tax increment revenue2,000,000796,81661,263
Tax levy
Charge for admin to TIF districts
Interest on Interfund Loans
Miscellaneous revenue
Interest and investment earnings200,00020,220910
Market Value Homestead Credit42,977
Loan/advance repayments
Payments from primary government
Repayment / return of tax increment
Total Revenues 2,200,000860,01362,17300000000
Expenditures
Land/building acquisition627,500527,592
Site improvement/preparation costs1,000,000280,990
Utilities665,00064,228
Other public improvements253,61034,417
Construction of affordable housing
Temporary economic development
HRA operating expenses
Authority administrative costs for TIF200,000167,065
County administrative costs for TIF12,8951,288
Total Project Expenditures 2,746,1101,087,1871,28800000000
Bond principal payments on all other bonds
Bond principal payments for paygo
Bond interest payments on all other bonds3,819,166
Bond interest payments for paygo
Interest payment on interfund loans20,3391,015--------
Tax increment returned to the county41,407
Total Expenditures 6,565,2761,107,5262,30341,4070000000
Revenues Over (Under) Expenditures(4,365,276)(247,513)59,870(41,407)0000000
Other Financing Sources and Uses
Transfer in225,000
Transfer out
Bond issued (other than refunding bonds)
Refunding bonds issued
Bonds refunded
Bond discount
Bond premium
Sales of property4,050
Total Other Financing Sources and Uses 0229,050000000000
Net Change in Fund Balance(4,365,276)(18,463)59,870(41,407)0000000
Beginning Fund Balance 0(18,463)41,4070000000
Table 12
TIF Plan
Prior Years as
Estimates 2025202620272028202920302031203220332034
TIF 17 (Gateway East Fund 051)
of Year 2024
(Budget)
Assets
Cash1,82841,407-00000000
Property held for resale
Receivable - Note
Receivable - Other0
Due from other funds - TIF Loans
Due from other funds - Other
Land held for resale
Other assets
Total Assets1,82841,407000000000
Liabilities
Due to other funds - TIF Loans20,291-
Due to primary government
Other liabilities
Total Liabilities20,2910000000000
Total Fund Balance(18,463)41,407000000000
Total Liabilities and Fund Balance1,82841,407000000000
Fund Balance by Purpose
To be returned to County / Excess TIF
Available for redevelopment projects041,407000000000
Available for other purpose auth by special legislation
Available for pledge to general obligation bonds
Available for affordable housing projects
Available for other purposes / to be reimbursed from TIF(18,463)0000000000
Total Fund Balance(18,463)41,407000000000
Total amount of bonds authorized/issued*3,182,638824,653824,653824,653824,653824,653824,653824,653
Total amount of bonds outstanding 20,2910000000000
*Actual amounts may exceed authorized in this report due to capitalized interest, estimates come from the amortization schedules for the obligations
City NumberTIF 18
NameGateway West
Uif!ejtusjdu!xbt!ftubcmjtife!gps!efwfmpqnfou!pg!27!tjohmf.
TypeRedevelopment
gbnjmz!ipnft/!Uif!ISB!efnpmjtife!fyjtujoh!ipnft!boe!
Date Established8/8/2005
pme!dpnnfsdjbm!qspqfsujft!)Gsbolt!vtfe!dbst!'!Xfsofst!
Date Certification Requested8/23/2005
Date Certified12/29/2006
Gvsojuvsf*/!Uif!ISB!qspwjefe!b!mboe!xsjuf!epxo!tfmmjoh!uif!
Year of First Increment2008
mput!up!b!qsjwbuf!efwfmpqfs/
Date of Five Year RuleNot applicable
Date of Decertification12/31/2033
Date of Most Recent ModificationN/A
Original Tax Rate92.32%
Current Taxable Market Value (TMV) Pay 20266,121,404
Uif!ejtusjdu!ibe!b!ofhbujwf!foejoh!gvoe!cbmbodf!bt!pg!zfbs.
Base TMV 443,160
foe!3136/!Uif!ejtusjdu!ibt!pof!pvutuboejoh!pcmjhbujpo-!bo!
Captured Tax Capacity56,785
joufsgvoe!mpbo!qbzbcmf!up!uif!ISB!Hfofsbm!Gvoe/
Number of Parcels17
Fund Balance(55,117)
Uif!Qmbo!qspkfdut!uif!joufsgvoe!mpbo!xjmm!cf!sfqbje!jo!
Cash Balance490
Outstanding Obligations55,607
3139/!Jg!uif!mpbo!sfqbznfout!ibqqfot!bt!qspkfdufe!jo!
Parcels as of 2025 for Tax Year 2026:
3139-!uif!ISB!nvtu!efdfsujgz!uif!ejtusjdu!fbsmz!xjui!
233024220151
boujdjqbufe!sfuvso!fydftt!uby!jodsfnfout!up!uif!Dpvouz!gps!
233024220154
sfejtusjcvujpo!up!uif!djuz-!dpvouz-!boe!tdippm!ejtusjdu/!Uif!
233024220155
233024220156
233024220157
233024220158
233024220159
233024230156
233024230157
233024230158
233024230159
233024230164
233024230165
233024230170
233024230174
233024230176
233024230177
Table 13
TIF Plan
Prior Years as
Estimates 202520262027202820292030203120322033
TIF 18 (Gateway West Fund 052)
of Year 2024
(Budget)
Revenues
Tax increment revenue2,000,000413,70449,31949,31949,319
Tax levy
Charge for admin to TIF districts
Interest on Interfund Loans
Miscellaneous revenue
Interest and investment earnings20,0006,539843521
Market Value Homestead Credit2,318
Loan/advance repayments
Payments from primary government
Repayment / return of tax increment
Total Revenues 2,020,000422,56150,16249,32449,340000000
Expenditures
Land/building acquisition1,800,0001,059,456
Site improvement/preparation costs300,000640,166
Utilities100,0002,485
Other public improvements100,0006,371
Construction of affordable housing
Temporary economic development
HRA operating expenses
Authority administrative costs for TIF100,000159,055
County administrative costs for TIF8,495951872872
Total Project Expenditures 2,400,0001,876,028951872872000000
Bond principal payments on all other bonds
Bond principal payments for paygo
Bond interest payments on all other bonds1,150,000
Bond interest payments for paygo
Interest payment on interfund loans28,8485,02836,3513,157-
Tax increment returned to the county2,295
Total Expenditures 3,550,0001,904,8765,97937,2236,324000000
Revenues Over (Under) Expenditures(1,530,000)(1,482,315)44,18312,10143,016000000
Other Financing Sources and Uses
Transfer in852,648
Transfer out
Bond issued (other than refunding bonds)
Refunding bonds issued
Bonds refunded
Bond discount
Bond premium
Sales of property530,3670
Total Other Financing Sources and Uses 01,383,015000000000
Net Change in Fund Balance(1,530,000)(99,300)44,18312,10143,016000000
Ending Fund Balance(1,530,000)(99,300)(55,117)(43,016)0000000
Table 13
TIF Plan
Prior Years as
Estimates 20252026202720282029203020312032203320342035
TIF 18 (Gateway West Fund 052)
of Year 2024
(Budget)
Assets
Cash1,2784902,0891,4090000000
Property held for resale
Receivable - Note
Receivable - Other0
Due from other funds - TIF Loans
Due from other funds - Other
Land held for resale2,6102,610
Other assets
Total Assets3,8883,1002,0891,4090000000
Liabilities
Due to other funds - TIF Loans100,57855,60745,1051,409
Due to primary government
Other liabilities2,6102,610
Total Liabilities103,18858,21745,1051,4090000000
Total Fund Balance(99,300)(55,117)(43,016)00000000
Total Liabilities and Fund Balance3,8883,1002,0891,4090000000
Fund Balance by Purpose
To be returned to County / Excess TIF
Available for redevelopment projects00000000000
Available for other purpose auth by special legislation
Available for pledge to general obligation bonds
Available for affordable housing projects
Available for other purposes / to be reimbursed from TIF(99,300)(55,117)(43,016)00000000
Total Fund Balance(99,300)(55,117)(43,016)00000000
Total amount of bonds authorized/issued*750,0001,720,1091,720,1091,720,1091,720,1091,720,1091,720,1091,720,1091,720,1091,720,1091,720,1091,720,1091,720,109
Total amount of bonds outstanding 100,57855,60745,10500000000
*Actual amounts may exceed authorized in this report due to capitalized interest, estimates come from the amortization schedules for the obligations
City NumberTIF 19
NameMain Street NE
Uif!ejtusjdu!xbt!ftubcmjtife!up!bttjtu!xjui!uif!efwfmpqnfou!
TypeRedevelopment
Date Established2/26/2007
tqbdf/!Joevtusjbm!Frvjujft!xbt!uif!efwfmpqfs!pg!uif!qspkfdu/
Date Certification Requested5/17/2007
Date Certified9/25/2007
Uif!ISB!qspwjefe!uif!efwfmpqfs!xjui!b!%2-611-111!qbz.
Year of First Increment2009
Date of Five Year RuleNot applicable
hp!UJG!sfwfovf!opuf!gps!efnpmjujpo!pg!fyjtujoh!cvjmejoh-!
Date of Decertification12/31/2025
sfnpwbm!pg!sbjmspbe!tqvs-!sfnpwbm!pg!pme!upsobep!efcsjt!
Date of Most Recent ModificationN/A
cvsjfe!po!uif!tjuf-!cfmpx!hsbef!tupsnxbufs!qpoejoh!boe!
Original Tax Rate86.50%
Current Taxable Market Value (TMV) Pay 20260
Base TMV 0
Captured Tax Capacity0
Number of ParcelsN/A
Fund Balance15,575
Uif!ejtusjdu!ibe!b!qptjujwf!foejoh!gvoe!cbmbodf!bt!pg!zfbs.
Cash Balance15,575
Outstanding Obligations0
foe!3136/!Uif!ejtusjdu!ibt!op!pvutuboejoh!pcmjhbujpot/
Parcels as of 2025 for Tax Year 2026:
Uif!Qmbo!boujdjqbuft!sfuvso!pg!gvoet!up!uif!Dpvouz-!xijdi!
jt!tvckfdu!up!sfwjfx!cz!uif!ISB/
Table 14
TIF Plan
Prior Years as
Estimates 202520262027202820292030203120322033
TIF 19 (Main Street NE Fund 053)
of Year 2024
(Budget)
Revenues
Tax increment revenue5,000,0002,089,669
Tax levy
Charge for admin to TIF districts
Interest on Interfund Loans
Miscellaneous revenue
Interest and investment earnings50,0005,523
Market Value Homestead Credit
Loan/advance repayments
Payments from primary government
Repayment / return of tax increment
Total Revenues 5,050,0002,095,192000000000
Expenditures
Land/building acquisition600,000
Site improvement/preparation costs900,000
Utilities
Other public improvements550,000
Construction of affordable housing
Temporary economic development
HRA operating expenses
Authority administrative costs for TIF500,000194,394
County administrative costs for TIF7,539
Total Project Expenditures 2,550,000201,933000000000
Bond principal payments on all other bonds
Bond principal payments for paygo201,700--------
Bond interest payments on all other bonds2,500,000
Bond interest payments for paygo1,675,984--------
Interest payment on interfund loans
Tax increment returned to the county15,575
Total Expenditures 5,050,0002,079,617015,5750000000
Revenues Over (Under) Expenditures 015,5750(15,575)0000000
Other Financing Sources and Uses
Transfer in
Transfer out
Bond issued (other than refunding bonds)
Refunding bonds issued
Bonds refunded
Bond discount
Bond premium
Sales of property
Total Other Financing Sources and Uses 00000000000
Net Change in Fund Balance 015,5750(15,575)0000000
Ending Fund Balance 015,57515,57500000000
Table 14
TIF Plan
Prior Years as
Estimates 2025202620272028202920302031203220332034
TIF 19 (Main Street NE Fund 053)
of Year 2024
(Budget)
Assets
Cash15,57515,575000000000
Property held for resale
Receivable - Note
Receivable - Other
Due from other funds - TIF Loans
Due from other funds - Other
Land held for resale
Other assets
Total Assets15,57515,575000000000
Liabilities
Due to other funds - TIF Loans
Due to primary government
Other liabilities0000
Total Liabilities00000000000
Total Fund Balance15,57515,575000000000
Total Liabilities and Fund Balance15,57515,575000000000
Fund Balance by Purpose
To be returned to County / Excess TIF
Available for redevelopment projects15,57515,575000000000
Available for other purpose auth by special legislation
Available for pledge to general obligation bonds
Available for affordable housing projects
Available for other purposes / to be reimbursed from TIF00000000000
Total Fund Balance15,57515,575000000000
Total amount of bonds authorized/issued*2,000,0001,500,0001,500,0001,500,0001,500,0001,500,0001,500,0001,500,0001,500,0001,500,0001,500,0001,500,000
Total amount of bonds outstanding 1,392,57800000
*Actual amounts may exceed authorized in this report due to capitalized interest, estimates come from the amortization schedules for the obligations
City NumberTIF 20
RER Project / HSS
Name
Sudistrict - TIF 20A
Uijt!dpnqmfy!sfefwfmpqnfou!qspkfdu!xbt!gps!Opsuifso!
TypeRedevelopment
Tubdlt!tjuf/!Jo!2:51!uif!OJSPQ!Qmbou!xbt!dpotusvdufe!up!
Date Established4/9/2012
qspevdf!xfbqpo!tztufnt!gps!obwbm!tijqt!xjui!uif!potfu!
Date Certification Requested12/17/2012
Date Certified4/5/2013
pg!Xpsme!Xbs!JJ/!Nboz!difnjdbmt!xfsf!vtfe!bmpoh!xjui!uif!
Year of First Increment2016
pqfsbujpot/!Uif!qspqfsuz!xbt!pxofe!cz!uif!hpwfsonfou!
Date of Five Year Rule4/5/2018
boe!pqfsbufe!cz!Opsuifso!Psejobodf-!Jod/!boe!mbufs!cz!
Date of Decertification12/31/2041
Date of Most Recent ModificationN/A
GND!Dpsqpsbujpo-!Vojufe!Efgfotf-!boe!uifo!CBF!Tztufnt/
Original Tax Rate129.93%
Current Taxable Market Value (TMV) Pay 2026136,878,300
Jo!2:99-!b!sfnfejbm!jowftujhbujpo!boe!gfbtjcjmjuz!tuvez!
Base TMV 14,228,900
joejdbufe!uibu!hspvoexbufs!dpoubnjobufe!xjui!UDF!gspn!
Captured Tax Capacity2,441,273
Number of Parcels12
Fund Balance3,869,437
uif!233.bdsf!qspqfsuz!xbt!tpme!up!FMU!Njoofbqpmjt!MMD/!Jo!
Cash Balance5,954,434
3124-!uif!qspqfsuz!xbt!tpme!up!uif!dvssfou!pxofs-!Gsjemfz!
Outstanding Obligations12,309,104
Mboe!MMD!boe!uif!qspqfsuz!xbt!sfefwfmpqfe!bt!b!ofx!
Parcels as of 2025 for Tax Year 2026:
273024130004
boe!npefso!dpnnfsdjbm!cvtjoftt!qbsl/!Uif!fyjtujoh!CBF!
273024130005
cvjmejoh!uibu!sfnbjot!xbt!vqebufe!xjui!b!ofx!npefso!
273024240002
fyufsjps/!
273024310002
273024420004
UJG!bttjtubodf!xbt!qspwjefe!up!uif!efwfmpqfs!up!sfjncvstf!
273024420009
fyusbpsejobsz!efwfmpqnfou!dptut-!jodmvejoh!dpssfdujpo!
273024420010
pg!tpjmt/!Uif!Djuz!jttvfe!hfofsbm!pcmjhbujpo!UJG!cpoet!up!
273024420011
273024420012
Tfsjft!3131B*/!Uif!cpoet!xjmm!cf!sfqbje!gspn!uby!jodsfnfou!
273024420013
gspn!uif!ejtusjdu/!Jo!beejujpo!up!uif!qbz.hp!pcmjhbujpo!up!
273024420014
uif!efwfmpqfs!boe!uif!hfofsbm!pcmjhbujpo!cpoet-!uif!ISB!
273024430002
qspwjefe!joufsgvoe!mpbot!gspn!uif!ISB!Hfofsbm!Gvoe!up!
cf!sfjncvstfe!gspn!gvuvsf!uby!jodsfnfou/
UJG!Ejtusjdu!31!xbt!ftubcmjtife!bt!b!Sfefwfmpqnfou!Ejtusjdu!
boe!UJG!31B!xbt!ftubcmjtife!bt!b!Ib{bsepvt!Tvctubodf!
Tvcejtusjdu!xjuijo!UJG!Ejtusjdu!31/!Gps!qvsqptft!pg!boovbm!
bsf!dpncjofe!bt!pof!ejtusjdu/!Cfdbvtf!uif!ejtusjdut!bsf!
dpncjofe!gps!sfqpsujoh!qvsqptft!up!uif!Tubuf!Bvejups-!uif!
ejtusjdut!bsf!bmtp!dpncjofe!jo!uijt!epdvnfou/
Uif!ISB!jt!qbzjoh!gps!benjojtusbujwf!dptut!gps!uif!ejtusjdu!!
gspn!uby!jodsfnfout!gspn!uif!ejtusjdu!)vq!up!21&!pg!uif!uby!
jodsfnfou!efsjwfe!gspn!uif!qspqfsuz*/!
Efwfmpqnfou!pg!uif!tjuf!jt!dpnqmfuf/!Qspdffet!gspn!uif!
cpoet!jttvfe!bu!uif!foe!pg!312:!boe!cfhjoojoh!pg!3131!
Uif!Njooftpub!3134!Uby!Cjmm!jodmvefe!tqfdjbm!mfhjtmbujpo!gps!
UJG!31!)Njooftpub!Tfttjpo!Mbxt!!3134-!Sfhvmbs!Tfttjpo-!
boovbm!cpoe!qbznfout!xjmm!cf!nbef!gspn!903131!up!
Dibqufs!75-!Bsujdmf!9-!Tfdujpo!22*/!!Gps!qvsqptft!pg!uif!
303146/!
dpncjofe!boe!sfqpsufe!bt!pof!ejtusjdu/!
Pwfs!uif!evsbujpo!pg!uif!ejtusjdu-!uby!jodsfnfou!jt!qspkfdufe!
up!fydffe!uif!bnpvout!sfrvjsfe!gps!efcu!tfswjdf!boe!
benjojtusbujwf!dptut/!Uby!jodsfnfou!xjuijo!uif!UJG!Ejtusjdu!
tqfdjbm!mfhjtmbujpo!qspwjeft!bvuipsjuz!uibu!vq!up!36&!
jt!qmfehfe!up!uif!sfqbznfou!pg!uif!Tfsjft!312:B!boe!
pg!uif!dpncjofe!uby!jodsfnfou!efsjwfe!gspn!qspqfsuz!
xjuijo!UJG!Ejtusjdu!31!boe!gspn!uif!tvcejtusjdu!31B!nbz!
Cpoet!xbt!nbef!po!30203137/!Uijt!ejtusjdu!boe!tvc.ejtusjdu!
cf!usbotgfssfe!qvstvbou!up!uif!tqfdjbm!mfhjtmbujpo/!Uif!
bvuipsjuz!up!usbotgfs!gvoet!voefs!uijt!tqfdjbm!mfhjtmbujpo!
Tfsjft!312:B!Cpoet!po!30203139-!jodmvejoh!nbuvsjujft!
fyqjsft!Efdfncfs!42-!3138/
313:!uispvhi!3146!jo!uif!qsjodjqbm!bnpvou!pg!%8-716-111/!
Uif!Gjobodf!Qmbo!po!qbhf!57!jt!cbtfe!po!uif!qmbo!up!dbmm!jo!
nbuvsjujft!313:!uispvhi!3146!po!30203139/
Vqpo!sfqbznfou!pg!uif!Tfsjft!312:B!Cpoet-!uif!ISB!nvtu!
efdfsujgz!UJG!Ejtusjdu!31!boe!sfuvso!fydftt!uby!jodsfnfou!
up!uif!Dpvouz!gps!sfejtusjcvujpo/!Uif!ujnjoh!xjmm!efqfoe!
po!boz!gvuvsf!tqfdjbm!mfhjtmbujpo!uibu!uif!ISB!nbz!tfdvsf-!
tjnjmbs!up!uif!tqfdjbm!mfhjtmbujpo!uibu!uif!ISB!sfdfjwfe!jo!
3134!)tff!cfmpx!gps!efubjmt*/
Uif!Ib{bsepvt!Tvctubodf!Tvcejtusjdu!)uif!ITT*!xbt!
dsfbufe!up!bttjtu!xjui!sfnfejbujpo!dptut!jo!UJG!Ejtusjdu!
31/!Uif!ISB!tubsufe!up!sfdfjwf!uby!jodsfnfou!jo!3125/!
Bt!pg!Efdfncfs!42-!3136-!uif!sfnbjojoh!cbmbodf!pg!
ISB!bewbodfe!gps!uif!sfnfejbujpo!dptut!xjui!uif!vtf!pg!
joufsgvoe!mpbot!jt!%2-:4:-215/!Uif!uby!jodsfnfou!gspn!uif!
ITT!xjmm!cf!vtfe!up!sfjncvstf!uif!ISB!Hfofsbm!Gvoe!gps!
uiftf!dptut!qmvt!joufsftu!bu!4/6&/
Table 15
TIF 20 / 20A (BAE Northern Stacks
TIF Plan
and BAE Subdistrict - Includes HRA Prior Years as
Estimates 202520262027202820292030203120322033
of Year 2024
Funds 055 and 056; and City Debt
(Budget)
Service Funds 340 and 341)
Revenues
Tax increment revenue56,850,00018,524,5732,791,3602,791,3602,791,3602,791,3602,791,3602,791,3602,791,3602,791,3602,791,3602,791,360
Tax levy
Charge for admin to TIF districts
Interest on Interfund Loans
Miscellaneous revenue
Interest and investment earnings568,500198,613256,08350,00050,00050,00050,00050,00050,00050,00050,000
Market Value Homestead Credit
Loan/advance repayments
Payments from primary government
Repayment / return of tax increment
Total Revenues 57,418,50018,723,1863,047,4432,841,3602,841,3602,841,3602,841,3602,841,3602,841,3602,841,3602,841,3602,841,360
Expenditures
Land/building acquisition500,000
Site improvement/preparation costs4,998,5004,426,937
Utilities15,275,000
Other public improvements
Construction of affordable housing
Temporary economic development
HRA operating expenses
Authority administrative costs for TIF5,685,0001,568,6576,69356,97559,82462,81565,95669,25472,71676,35280,170
County administrative costs for TIF35,8699141,2761,2761,2761,2761,2761,2761,2761,276
Total Project Expenditures 26,458,5006,031,4637,60758,25161,10064,09167,23270,53073,99377,62881,446
Bond principal payments on all other bonds2,860,000820,000860,000930,000975,0001,025,0001,045,0001,065,0001,085,0001,105,0001,130,0001,150,000
Bond principal payments for paygo15,775,000
Bond interest payments on all other bonds30,960,0001,909,769312,288270,288225,538177,913143,288122,588101,48879,98858,088
Bond interest payments for paygo2,503,286
Interest payment on interfund loans823,05474,53567,869-------
Tax increment returned to the county
Total Expenditures 57,418,50029,902,5721,214,4301,256,4081,216,6381,217,0041,235,5201,238,1171,240,4801,242,6161,244,5331,251,192
Revenues Over (Under) Expenditures 0(11,179,386)1,833,0131,584,9521,624,7221,624,3561,605,8401,603,2431,600,8801,598,7441,596,8271,590,168
Other Financing Sources and Uses
Transfer in
Transfer out(1,276,514)(682,172)(754,815)(757,664)
Bond issued (other than refunding bonds)14,050,000
Refunding bonds issued
Bonds refunded
Bond discount
Bond premium1,124,496
Sales of property
Total Other Financing Sources and Uses 013,897,982(682,172)(754,815)(757,664)000000
Net Change in Fund Balance 02,718,5961,150,841830,137867,0581,624,3561,605,8401,603,2431,600,8801,598,7441,596,8271,590,168
Beginning Fund Balance 02,718,5963,869,4374,699,5745,566,6327,190,9898,796,82910,400,07112,000,95113,599,69515,196,522
Ending Fund Balance 02,718,5963,869,4374,699,5745,566,6327,190,9898,796,82910,400,07112,000,95113,599,69515,196,52216,786,689
Table 15
TIF 20 / 20A (BAE Northern Stacks
TIF Plan
and BAE Subdistrict - Includes HRA
Prior Years as
Estimates 2025202620272028202920302031203220332034
of Year 2024
Funds 055 and 056; and City Debt
(Budget)
Service Funds 340 and 341)
Assets
Cash4,846,2855,954,4346,441,5447,308,6028,932,95910,538,79912,142,04113,742,92115,341,66516,938,49218,528,659
Property held for resale
Receivable - Note
Receivable - Other1,94464
Due from other funds - TIF Loans
Due from other funds - Other
Land held for resale
Other assets
Total Assets4,848,2295,954,4986,441,5447,308,6028,932,95910,538,79912,142,04113,742,92115,341,66516,938,49218,528,659
Liabilities
Due to other funds - TIF Loans2,129,5691,939,1041,741,9701,741,9701,741,9701,741,9701,741,9701,741,9701,741,9701,741,9701,741,970
Due to primary government145,893
Other liabilities6464
Total Liabilities2,129,6332,085,0611,741,9701,741,9701,741,9701,741,9701,741,9701,741,9701,741,9701,741,9701,741,970
Total Fund Balance2,718,5963,869,4374,699,5745,566,6327,190,9898,796,82910,400,07112,000,95113,599,69515,196,52216,786,689
Total Liabilities and Fund Balance4,848,2295,954,4986,441,5447,308,6028,932,95910,538,79912,142,04113,742,92115,341,66516,938,49218,528,659
Fund Balance by Purpose
To be returned to County / Excess TIF
Available for redevelopment projects
Available for other purpose auth by special legislation
Available for pledge to general obligation bonds2,718,5963,869,4374,699,5745,566,6327,190,9898,796,82910,400,07112,000,95113,599,69515,196,52216,786,689
Available for affordable housing projects
Available for other purposes / to be reimbursed from TIF00000000000
Total Fund Balance2,718,5963,869,4374,699,5745,566,6327,190,9898,796,82910,400,07112,000,95113,599,69515,196,52216,786,689
Total amount of bonds authorized/issued*25,900,00038,825,00014,050,00014,050,00014,050,00014,050,00014,050,00014,050,00014,050,00014,050,00014,050,00014,050,000
Total amount of bonds outstanding 13,319,56912,309,10411,251,97010,321,9709,346,9708,321,9707,276,9706,211,9705,126,9704,021,9702,891,970
*Actual amounts may exceed authorized in this report due to capitalized interest, estimates come from the amortization schedules for the obligations
City NumberTIF 21
NameGateway Northeast
Gps!uijt!tjuf-!uif!ISB!bdrvjsfe!uxfmwf!tnbmm!mput!cfuxffo!
TypeRedevelopment
3117!boe!3124-!uif!ISB!dpncjofe!uif!tnbmmfs!qspqfsujft!
Date Established10/8/2012
joup!uisff!mbshf!mput!upubmjoh!8/88!bdsft/!Uif!ISB!ijsfe!b!
Date Certification Requested6/5/2013
Date Certified8/7/2013
Year of First Increment2017
gspn!D.3!)Hfofsbm!Cvtjoftt*-!up!T.3!)Sfefwfmpqnfou!
Date of Five Year Rule8/7/2018
Ejtusjdu*!up!bddpnnpebuf!gvuvsf!efwfmpqnfou/!Usjefou!
Date of Decertification12/31/2042
Date of Most Recent ModificationN/A
Efwfmpqnfou-!MMD!qvsdibtfe!uif!qspqfsuz!up!dpotusvdu!
Original Tax Rate152.59%
Current Taxable Market Value (TMV) Pay 202650,161,500
Base TMV 2,494,700
uif!ejtusjdu!jt!ftujnbufe!gps!3137!)dpnqbsfe!up!3153*-!bgufs!
Captured Tax Capacity596,447
uif!pvutuboejoh!pcmjhbujpo!gps!uif!ejtusjdu!jt!sfqbje/
Number of Parcels10
Fund Balance(423,016)
Cash Balance21,676
Outstanding Obligations444,692
Parcels as of 2025 for Tax Year 2026:
Uif!ISB!ibt!tqfou!pwfs!%5/1!njmmjpo!jo!uif!Hbufxbz!
143024340093
Opsuifbtu!bsfb/!Uispvhi!sfefwfmpqnfou!pg!uijt!bsfb-!uif!
233024210144
ISB!xjmm!sfdpwfs!bmm!jut!dptut!uispvhi!uif!dpmmfdujpo!pg!uby!
233024210145
jodsfnfou/!
233024210146
233024210147
Mboe!tbmf!sfwfovft!pg!%563-:39!xfsf!efqptjufe!joup!uif!
233024210148
233024210149
dptut!qbje!cz!uif!ISB!Hfofsbm!Gvoe/
233024240205
233024240206
Uby!jodsfnfou!jt!qbzjoh!dfsubjo!benjojtusbujpo!dptut!gps!uif!
233024240207
ejtusjdu!)vq!up!21&!pg!uif!uby!jodsfnfou!gspn!uif!ejtusjdu*!
uif!ISB!uispvhi!bo!joufsgvoe!mpbo!gspn!uif!ISB!Hfofsbm!
uby!jodsfnfou-!uiftf!gvoet!nbz!cf!bwbjmbcmf!gps!puifs!
Gvoe-!qbzbcmf!xjui!5/1&!joufsftu/
sfefwfmpqnfou!qspkfdu!dptut!xjuijo!uif!cpvoebsjft!pg!
uif!Qspkfdu!Bsfb!)Sfefwfmpqnfou!Qspkfdu!Op/!2*!ps!uif!
Uif!Qmbo!qspkfdut!uif!joufsgvoe!mpbo!xjmm!cf!sfqbje!jo!3137/!
ISB!nbz!sfuvso!fydftt!uby!jodsfnfout!up!uif!Dpvouz!gps!
Jg!uif!ujnjoh!gps!sfqbznfou!ibqqfot!bt!qspkfdufe-!uif!
sfejtusjcvujpo!up!uif!djuz-!dpvouz-!boe!tdippm!ejtusjdu/!
Uif!Qmbo!ftujnbuft!uibu!uif!ejtusjdu!xjmm!ibwf!uby!jodsfnfou!
gvoet!bwbjmbcmf!bgufs!uif!joufsgvoe!mpbo!jt!sfqbje/!
Bttvnjoh!dpnqmjbodf!xjui!uif!svmft!uibu!hpwfso!vtf!pg!
Table 16
TIF Plan
Prior Years as
Estimates 202520262027202820292030203120322033
TIF 21 (Gateway Northeast Fund 054)
of Year 2024
(Budget)
Revenues
Tax increment revenue8,500,0003,954,183700,291700,291
Tax levy
Charge for admin to TIF districts
Interest on Interfund Loans
Miscellaneous revenue
Interest and investment earnings85,00029,48011,8262172,5382,5142,5392,5642,5902,6162,642
Market Value Homestead Credit
Loan/advance repayments
Payments from primary government1,000,000
Repayment / return of tax increment
Total Revenues 9,585,0003,983,663712,117700,5082,5382,5142,5392,5642,5902,6162,642
Expenditures
Land/building acquisition4,235,0003,771,234
Site improvement/preparation costs500,000406,669
Utilities
Other public improvements
Construction of affordable housing
Temporary economic development
HRA operating expenses
Authority administrative costs for TIF850,000229,2355,8185,0005,000
County administrative costs for TIF15,707858858
Total Project Expenditures 5,585,0004,422,8456,6765,8585,000000000
Bond principal payments on all other bonds
Bond principal payments for paygo
Bond interest payments on all other bonds
Bond interest payments for paygo
Interest payment on interfund loans4,000,0001,645,23844,03717,789-------
Tax increment returned to the county
Total Expenditures 9,585,0006,068,08350,71323,6475,000000000
Revenues Over (Under) Expenditures 0(2,084,420)661,404676,861(2,462)2,5142,5392,5642,5902,6162,642
Other Financing Sources and Uses
Transfer in1,000,000
Transfer out
Bond issued (other than refunding bonds)
Refunding bonds issued
Bonds refunded
Bond discount
Bond premium
Sales of property
Total Other Financing Sources and Uses 01,000,000000000000
Net Change in Fund Balance 0(1,084,420)661,404676,861(2,462)2,5142,5392,5642,5902,6162,642
Ending Fund Balance 0(1,084,420)(423,016)253,845251,384253,898256,437259,001261,591264,207266,849
Table 16
TIF Plan
Prior Years as
Estimates 2025202620272028202920302031203220332034
TIF 21 (Gateway Northeast Fund 054)
of Year 2024
(Budget)
Assets
Cash16,52621,676253,845251,384253,898256,437259,001261,591264,207266,849269,517
Property held for resale
Receivable - Note
Receivable - Other
Due from other funds - TIF Loans
Due from other funds - Other
Land held for resale
Other assets
Total Assets16,52621,676253,845251,384253,898256,437259,001261,591264,207266,849269,517
Liabilities
Due to other funds - TIF Loans1,100,946444,692---------
Due to primary government
Other liabilities
Total Liabilities1,100,946444,692000000000
Total Fund Balance(1,084,420)(423,016)253,845251,384253,898256,437259,001261,591264,207266,849269,517
Total Liabilities and Fund Balance16,52621,676253,845251,384253,898256,437259,001261,591264,207266,849269,517
Fund Balance by Purpose
To be returned to County / Excess TIF
Available for redevelopment projects00253,845251,384253,898256,437259,001261,591264,207266,849269,517
Available for other purpose auth by special legislation
Available for pledge to general obligation bonds
Available for affordable housing projects
Available for other purposes / to be reimbursed from TIF(1,084,420)(423,016)000000000
Total Fund Balance(1,084,420)(423,016)253,845251,384253,898256,437259,001261,591264,207266,849269,517
Total amount of bonds authorized/issued*4,500,0004,375,0003,065,9763,065,9763,065,9763,065,9763,065,9763,065,9763,065,9763,065,9763,065,9763,065,976
Total amount of bonds outstanding 1,100,946444,6920000000
*Actual amounts may exceed authorized in this report due to capitalized interest, estimates come from the amortization schedules for the obligations
City NumberTIF 22
Northstar Transit
Name
Station
Uijt!ejtusjdu!xbt!ftubcmjtife!xjui!uif!joufou!uibu!uif!ISB!
TypeRedevelopment
nbz!xsjuf!epxo0bdrvjsf!boe!sfdpowfz!sfbm!qspqfsuz!ps!
Date Established5/6/2013
joufsftut!uifsfjo-!xjuijo!uijt!UJG!ejtusjdu0Qspkfdu!Bsfb/!
Date Certification Requested8/1/2013
Date Certified5/16/2014
Sfefwfmpqnfou!ibt!jodmvefe!efnpmjujpo!boe!sfnpwbm!pg!
Year of First Increment2017
cmjhiufe!boe!tvctuboebse!tusvduvsft-!sfnfejbujpo!boe!
Date of Five Year RuleNOT APPLICABLE
jotubmmbujpo!pg!qvcmjd!jnqspwfnfout!boe!jogsbtusvduvsf!
Date of Decertification12/31/2042
Date of Most Recent ModificationN/A
dpnqbujcmf!xjui!usbotju!psjfoufe!efwfmpqnfou!boe!
Original Tax Rate151.45%
dpotusvdujpo/!Uif!UJG!Qmbo!qspwjefe!gps!sfefwfmpqnfou!up!
Current Taxable Market Value (TMV) Pay 2026132,879,400
pddvs!pwfs!b!ovncfs!pg!zfbst!jo!nvmujqmf!qibtft/!!
Base TMV 30,586,000
Captured Tax Capacity1,516,774
Number of Parcels19
Fund Balance5,597,696
Cash Balance5,870,768
Cfdbvtf!uif!ujnjoh!pg!efwfmpqnfou!eje!opu!pddvs!bt!
Outstanding Obligations6,543,966
psjhjobmmz!qmboofe!po!b!nbkpsjuz!pg!uif!qbsdfmt!jo!uijt!
Parcels as of 2025 for Tax Year 2026:
223024110013223024420006
ejtusjdu-!pwfs!51!qbsdfmt!xfsf!espqqfe!pvu!cz!uif!Dpvouz!
223024110016223024410008
tubsujoh!jo!3131/!
223024110025
Uif!ISB!ibt!jttvfe!uisff!UJG!sfwfovf!opuft!bt!pg!3136/!
223024110026
Opuft!xfsf!jttvfe!bt!bqbsunfou!qspkfdut!jo!uif!Tubujpo!
223024110027
223024110028
Wjmmbhf!qspkfdu!xfsf!dpnqmfufe!boe!dpoejujpot!pg!
223024110029
bhsffnfou!gps!ufsnt!pg!bttjtubodf!xfsf!nfu/!
223024110030
Uif!opuft!jodmvef!uif!gpmmpxjoh!cbmbodft!bt!pg!2304203135;!
223024110031
223024110032
)j*!uif!Gsjemfz!Nbslfu!Bqbsunfout!Opuf!jttvfe!jo!uif!
223024110033
bnpvou!pg!%3-956-361-!xjui!cbmbodf!pvutuboejoh!pg!
223024110034
%3-613-235<!
223024130010
223024130015
)jj*!uif!Gsjemfz!Tfojps!Bqbsunfout!Opuf!jttvfe!jo!uif!
223024140011
bnpvou!pg!%4-315-761<!xjui!cbmbodf!pvutuboejoh!pg!
223024410007
%3-988-783<!boe!
223024410010
223024410011
jttvfe!jo!uif!bnpvou!pg!%2-333-861-!xjui!cbmbodf!
pvutuboejoh!pg!%2-275-282/!
Cfdbvtf!fbdi!pg!uif!uisff!bqbsunfou!qspkfdut!bsf!xjuijo!
uif!mbshfs!cpvoebsjft!pg!UJG!Ejtusjdu!33-!uif!ISB!nvtu!
dbmdvmbuf!tfqbsbufmz!uif!bnpvou!pg!uby!jodsfnfou!uibu!jt!
hfofsbufe!gspn!fbdi!pg!uif!uisff!cvjmejoht!gps!qbznfou!
po!fbdi!pg!uif!uisff!sftqfdujwf!UJG!opuft/
Uby!jodsfnfou!sfnbjojoh!cbmbodf!jo!UJG!Ejtusjdu!24!dbo!
pomz!cf!tqfou!xjuijo!uif!cpvoebsjft!pg!UJG!Ejtusjdu!33-!
boe!xjmm!qspwjef!beejujpobm!tpvsdft!pg!sfwfovf!gps!qspkfdu!
dptut!xjuijo!uif!cpvoebsjft!pg!UJG!Ejtusjdu!33/!!Uif!sfwfovf!
gspn!UJG!Ejtusjdut!24!dpncjofe!xjui!uif!gbdu!UJG!Ejtusjdu!
jodsfnfou-!uif!Qmbo!jodmveft!bo!ftujnbufe!%861-111!
cfjoh!tqfou!fbdi!zfbs!gps!21!zfbst!gps!fmjhjcmf!fyqfotft!
jodmveft!vtf!pg!gvoet!jo!UJG!Ejtusjdu!33!)usbotgfs!pg!gvoet!jt!
opu!bttvnfe!cvu!sbuifs!ejsfdu!fyqfoejuvsf!jo!UJG!Ejtusjdu!
24!jt!qmboofe*/
Uif!%2/1N!pg!mboe!tbmf!qspdffet!tbmft!qbje!cz!uif!Tifsnbo!
Dpnqbojft!gps!uif!uxp!)nbslfu!sbuf!boe!tfojps*!sfoubm!
qspkfdut!sfdfjwfe!jo!312:!xbt!efqptjufe!joup!uif!ISB!
Hfofsbm!Gvoe/!Uif!bdrvjtjujpo!pg!uif!bsfb!opx!lopxo!
bt!uif!Tubujpo!Wjmmbhf!tjuf!xbt!qbje!gps!jo!3119!gspn!uby!
jodsfnfou!jo!UJG!Ejtusjdut!8-!:-!22-!23!boe!24!bmm!pg!xijdi!
jodsfnfou!up!jodmvef!mboe!tbmf!qspdffet/
Table 17
TIF Plan
TIF 22 (Northstar Transit Station
Prior Years as
Estimates 202520262027202820292030203120322033
of Year 2024
Fund 057)
(Budget)
Revenues
Tax increment revenue94,200,0006,264,6711,768,5941,768,5941,768,5941,768,5941,768,5941,768,5941,768,5941,768,5941,768,5941,768,594
Tax levy
Charge for admin to TIF districts
Interest on Interfund Loans
Miscellaneous revenue
Interest and investment earnings500,000192,722255,51758,70863,91269,16374,46279,80885,20290,64496,133
Market Value Homestead Credit
Loan/advance repayments
Payments from primary government1,000,000
Repayment / return of tax increment
Total Revenues 95,700,0006,457,3932,024,1111,827,3021,832,5061,837,7571,843,0561,848,4021,853,7961,859,2381,864,7271,870,265
Expenditures
Land/building acquisition12,280,000625
Site improvement/preparation costs10,000,00053,884750,000750,000750,000750,000750,000750,000750,000750,000
Utilities1,000,000
Other public improvements20,000,0004,466
Construction of affordable housing
Temporary economic development
HRA operating expenses
Authority administrative costs for TIF9,420,000509,5611,81210,00010,50011,02511,57612,15512,76313,40114,071
County administrative costs for TIF10,471989723723723723723723723723
Total Project Expenditures 52,700,000574,5417,267760,723761,223761,748762,299762,878763,486764,124764,794
Bond principal payments on all other bonds
Bond principal payments for paygo498,551230,133241,784254,024266,884280,395294,590309,504325,172341,634
Bond interest payments on all other bonds43,000,000
Bond interest payments for paygo1,274,793316,010304,360292,120279,260265,749251,554236,640220,972204,510
Interest payment on interfund loans
Tax increment returned to the county
Total Expenditures 95,700,0002,347,885553,4101,306,8671,307,3671,307,8921,308,4431,309,0221,309,6301,310,2681,310,9381,311,643
Revenues Over (Under) Expenditures 04,109,5081,470,701520,435525,139529,865534,613539,380544,166548,970553,789
Other Financing Sources and Uses
Transfer in17,487
Transfer out
Bond issued (other than refunding bonds)
Refunding bonds issued
Bonds refunded
Bond discount
Bond premium
Sales of property
Total Other Financing Sources and Uses 017,487000000000
Net Change in Fund Balance 04,126,9951,470,701520,435525,139529,865534,613539,380544,166548,970553,789
Ending Fund Balance 04,126,9955,597,6966,118,1316,643,2707,173,1357,707,7488,247,1288,791,2949,340,2649,894,05310,452,676
Table 17
TIF Plan
TIF 22 (Northstar Transit Station
Prior Years as
Estimates 2025202620272028202920302031203220332034
of Year 2024
Fund 057)
(Budget)
Assets
Cash4,404,5795,870,7686,391,2036,916,3427,446,2077,980,8208,520,2009,064,3669,613,33610,167,12510,725,749
Property held for resale
Receivable - Note
Receivable - Other21,394
Due from other funds - TIF Loans
Due from other funds - Other
Land held for resale
Other assets
Total Assets4,425,9735,870,7686,391,2036,916,3427,446,2077,980,8208,520,2009,064,3669,613,33610,167,12510,725,749
Liabilities
Due to other funds - TIF Loans
Due to primary government
Other liabilities298,978273,072273,072273,072273,072273,072273,072273,072273,072273,072273,073
Total Liabilities298,978273,072273,072273,072273,072273,072273,072273,072273,072273,072273,073
Total Fund Balance4,126,9955,597,6966,118,1316,643,2707,173,1357,707,7488,247,1288,791,2949,340,2649,894,05310,452,676
Total Liabilities and Fund Balance4,425,9735,870,7686,391,2036,916,3427,446,2077,980,8208,520,2009,064,3669,613,33610,167,12510,725,749
Fund Balance by Purpose
To be returned to County / Excess TIF
Available for redevelopment projects4,126,9955,597,6966,118,1316,643,2707,173,1357,707,7488,247,1288,791,2949,340,2649,894,05310,452,676
Available for other purpose auth by special legislation
Available for pledge to general obligation bonds
Available for affordable housing projects
Available for other purposes / to be reimbursed from TIF00000000000
Total Fund Balance4,126,9955,597,6966,118,1316,643,2707,173,1357,707,7488,247,1288,791,2949,340,2649,894,05310,452,676
Total amount of bonds authorized/issued*51,200,00007,272,6507,272,6507,272,6507,272,6507,272,6507,272,6507,272,6507,272,6507,272,6507,272,650
Total amount of bonds outstanding 6,774,0996,543,9666,302,1826,048,1585,781,2745,500,8795,206,2894,896,7854,571,6134,229,9793,871,049
*Actual amounts may exceed authorized in this report due to capitalized interest, estimates come from the amortization schedules for the obligations
City NumberTIF 23
NameLocke Point Park
TypeRedevelopment
Uif!Djuz!bdrvjsfe!uif!Dpmvncjb!Bsfob!up!sfnpwf!uif!
Date Established9/12/2016
cmjhiufe!cvjmejoht!boe!qsfqbsf!uif!tjuf!gps!gvuvsf!
Date Certification Requested1/3/2017
Date Certified3/17/2017
sfefwfmpqnfou/!B!tfsjft!pg!dpnnvojuz!nffujoht!jo!uif!
Year of First Increment2020
Date of Five Year Rule3/17/2022
tqsjoh!pg!3126!mfe!up!bo!fyqbotjpo!pg!uif!qspkfdu!bsfb!up!
Date of Decertification12/31/2045
Date of Most Recent ModificationN/A
jodmvef!b!qpsujpo!pg!Mpdlf!Qbsl!boe!uif!Djuzt!Qvcmjd!Xpslt!
Original Tax Rate132.49%
tjuf/!Uif!qspkfdu!jodsfbtfe!gspn!22!bdsft!up!44!bdsft!boe!
Current Taxable Market Value (TMV) Pay 202678,574,242
Base TMV 8,583,769
jodmvefe!b!Ofx!Djuz!Ibmm!Dbnqvt!boe!b!ovncfs!pg!ipvtjoh!
Captured Tax Capacity270,791
Number of Parcels120
vojut/!Jo!psefs!up!sfdpwfs!b!qpsujpo!pg!jut!jowftunfou!jo!uif!
Fund Balance(3,993,832)
Cash Balance0
tjuf!efnpmjujpo!'!dmfbovq-!jo!beejujpo!up!bttjtujoh!qsjwbuf!
Outstanding Obligations3,995,124
efwfmpqnfou-!uif!Bvuipsjuz!dsfbufe!uif!UJG!Ejtusjdu!jo!
Parcels as of 2025 for Tax Year 2026:
203007113024340082113024340055113024340128
3127/!Uif!qsjwbuf!efwfmpqnfou!xjmm!dpotjtu!pg;!Nbslfu.
113024340008113024340083113024340056113024340129
Sbuf!Tfojps!boe!Nvmuj.Gbnjmz!Ipvtjoh-!Qbujp!Ipnft0
113024340020113024340084113024340057113024340130
113024340021113024340085113024340058113024340131
Upxoipnft-!boe!ps!Sfubjm0Dpnnfsdjbm!tqbdf/
113024340022113024340086113024340059113024340132
113024340023113024340087113024340060113024340133
113024340024113024340088113024340061113024340134
113024340025113024340089113024340062113024340135
113024340026113024340090113024340063113024340136
Uif!ISB!fmfdufe!up!efgfs!uby!jodsfnfou!gps!uijt!ejtusjdu!
113024340027113024340091113024340064113024340137
113024340028113024340092113024340065113024340138
voujm!3131/!Efwfmpqnfou!xbt!dpnqmfufe!jo!3132/!!
113024340029113024340093113024340066113024340139
*note first parcel
113024340030113024340094113024340067
Bt!qbsu!pg!uif!ISBt!bhsffnfou!xjui!uif!Djuz!sfhbsejoh!uif!
listed is as listed on
113024340031113024340095113024340068
the Anoka County
Djuzt!%2-611-111!bewbodf!pg!gvoet!gps!uif!qspkfdu-!uif!ISB!
113024340032113024340096113024340069
report and is not a
113024340033113024340097113024340070
qbje!%2-111-111!gps!qpoejoh!dptut/!Uijt!sfevdfe!uif!Djuzt!
typo.
113024340034113024340098113024340071
bewbodf!pg!gvoet!up!uif!ISB!gspn!%2-111-111!up!%611-111-!
113024340035113024340099113024340072
113024340036113024340100113024340073
xijdi!xjmm!cf!sfqbje!pwfs!36!zfbst/!
113024340037113024340101113024340074
113024340038113024340102113024340075
Uif!dpncjofe!upubm!joufsgvoe!mpbo!cbmbodf!gspn!uif!
113024340039113024340103113024340076
113024340040113024340104113024340077
ISB!Hfofsbm!Gvoe!up!UJG!Ejtusjdu!34!jt!%4-::6-235!bt!pg!
113024340041113024340105113024340078
2304203136/!Uif!ISB!qspwjefe!gvoet!up!qbz!gps!mboe!0
113024340043113024340106113024340079
cvjmejoh!bdrvjtjujpo-!tjuf!jnqspwfnfout!boe!qsfqbsbujpo!
113024340044113024340107113024340080
113024340045113024340108113024340081
dptut-!bnpoh!puifs!dptut/!Uiftf!gvoet!bsf!up!!cf!sfjncvstfe!
113024340046113024340109113024340119
gspn!gvuvsf!uby!jodsfnfou!gspn!UJG!Ejtusjdu!34-!bt!bwbjmbcmf/
113024340047113024340110113024340120
113024340048113024340112113024340121
113024340049113024340113113024340122
113024340050113024340114113024340123
113024340051113024340115113024340124
113024340052113024340116113024340125
113024340053113024340117113024340126
113024340054113024340118113024340127
Table 18
TIF Plan
Prior Years as
Estimates 202520262027202820292030203120322033
TIF 23 (Locke Point Park Fund 058)
of Year 2024
(Budget)
Revenues
Tax increment revenue27,600,000851,514270,746270,746270,746270,746270,746270,746270,746270,746270,746
Tax levy
Charge for admin to TIF districts
Interest on Interfund Loans
Miscellaneous revenue
Interest and investment earnings250,0005,0024,83600000000
Market Value Homestead Credit
Loan/advance repayments
Payments from primary government1,000,000
Repayment / return of tax increment
Total Revenues 28,850,000856,516275,582270,746270,746270,746270,746270,746270,746270,746270,746
Expenditures
Land/building acquisition4,670,000893,812
Site improvement/preparation costs3,000,0002,095,628
Utilities5,000,00027,196
Other public improvements2,170,000871,785
Construction of affordable housing
Temporary economic development
HRA operating expenses
Authority administrative costs for TIF2,760,000163,7955,8526,1456,4526,7747,1137,4697,8428,2348,646
County administrative costs for TIF13,7552,8782,2772,2772,2772,2772,2772,2772,2772,277
Total Project Expenditures 17,600,0004,065,9718,7308,4228,7299,0519,3909,74610,11910,51110,923
Bond principal payments on all other bonds
Bond principal payments for paygo
Bond interest payments on all other bonds11,250,000
Bond interest payments for paygo
Interest payment on interfund loans1,001,930164,124159,805155,618151,330146,909142,325137,570132,641127,529
Tax increment returned to the county
Total Expenditures 28,850,0005,067,901172,854168,227164,347160,382156,299152,070147,690143,152138,452
Revenues Over (Under) Expenditures 0(4,211,385)102,728102,519106,399110,364114,447118,676123,056127,594132,294
Other Financing Sources and Uses
Transfer in
Transfer out
Bond issued (other than refunding bonds)
Refunding bonds issued
Bonds refunded
Bond discount
Bond premium
Sales of property114,8250
Total Other Financing Sources and Uses 0114,825000000000
Net Change in Fund Balance 0(4,096,560)102,728102,519106,399110,364114,447118,676123,056127,594132,294
Ending Fund Balance 0(4,096,560)(3,993,832)(3,891,313)(3,784,914)(3,674,549)(3,560,103)(3,441,427)(3,318,371)(3,190,777)(3,058,483)(2,921,322)
Table 18
TIF Plan
Prior Years as
Estimates 2025202620272028202920302031203220332034
TIF 23 (Locke Point Park Fund 058)
of Year 2024
(Budget)
Assets
Cash1,0850000000000
Property held for resale
Receivable - Note
Receivable - Other2,6041,292
Due from other funds - TIF Loans
Due from other funds - Other
Land held for resale
Other assets
Total Assets3,6891,292000000000
Liabilities
Due to other funds - TIF Loans4,100,2493,995,1243,891,3133,784,9143,674,5493,560,1023,441,4273,318,3713,190,7773,058,4832,921,322
Due to primary government
Other liabilities
Total Liabilities4,100,2493,995,1243,891,3133,784,9143,674,5493,560,1023,441,4273,318,3713,190,7773,058,4832,921,322
Total Fund Balance(4,096,560)(3,993,832)(3,891,313)(3,784,914)(3,674,549)(3,560,103)(3,441,427)(3,318,371)(3,190,777)(3,058,483)(2,921,322)
Total Liabilities and Fund Balance3,6891,29200(0)(0)(0)00(0)0
Fund Balance by Purpose
To be returned to County / Excess TIF
Available for redevelopment projects00000000000
Available for other purpose auth by special legislation
Available for pledge to general obligation bonds
Available for affordable housing projects
Available for other purposes / to be reimbursed from TIF(4,096,560)(3,993,832)(3,891,313)(3,784,914)(3,674,549)(3,560,103)(3,441,427)(3,318,371)(3,190,777)(3,058,483)(2,921,322)
Total Fund Balance(4,096,560)(3,993,832)(3,891,313)(3,784,914)(3,674,549)(3,560,103)(3,441,427)(3,318,371)(3,190,777)(3,058,483)(2,921,322)
Total amount of bonds authorized/issued*18,600,0004,348,0164,348,0164,348,0164,348,0164,348,0164,348,0164,348,0164,348,0164,348,0164,348,0164,348,016
Total amount of bonds outstanding 4,191,9743,995,1243,891,3133,784,9143,674,5493,560,1023,441,4273,318,3713,190,7773,058,4832,921,322
*Actual amounts may exceed authorized in this report due to capitalized interest, estimates come from the amortization schedules for the obligations
City NumberTIF 24
NameNorthern Stacks VIII
Evf!up!uif!tvddftt!pg!uif!Opsuifso!Tubdlt!qspkfdu!jo!UJG!
TypeSoils Condition
Ejtusjdu!31-!uif!efwfmpqfs!pg!uif!Opsuifso!Tubdlt!qspkfdu!
Date Established6/11/2018
qvsdibtfe!b!qspqfsuz!kvtu!up!uif!opsui!pg!UJG!Ejtusjdu!31/!B!
Date Certification Requested6/20/2018
Date Certified7/10/2018
tpjmt!dpoejujpo!ejtusjdu!xbt!dsfbufe-!UJG!Ejtusjdu!35-!up!ifmq!
Year of First Increment2019
xjui!tpjmt!sfmbufe!sfnfejbujpo!dptut/!Uijt!ejtusjdu!xjmm!svo!
Date of Five Year Rule7/10/2022
Date of Decertification12/31/2039
gps!32!zfbst-!boe!:1&!pg!bmm!uby!jodsfnfou!xjmm!cf!vtfe!up!
Date of Most Recent ModificationN/A
qbz!b!UJG!sfwfovf!opuf!gps!fmjhjcmf!dptut/
Original Tax Rate117.98%
Current Taxable Market Value (TMV) Pay 202611,824,700
Uijt!ejtusjdu!dpwfst!bo!22/8!bdsf!tjuf!mpdbufe!bu!6212!
Base TMV 5,815,800
Joevtusjbm!Cpvmfwbse!bekbdfou!up!Opsuifso!Tubdlt/!Uif!ISBt!
Captured Tax Capacity120,178
Number of Parcels1
bttjtubodf!xjui!dpoubnjobufe!tpjm!dmfbo.vq!xjmm!gvsuifs!
Fund Balance(2,167)
foibodf!uif!tvsspvoejoh!ofjhicpsippet!tuboejoh!bt!bo!
Cash Balance49,076
ftubcmjtife!joevtusjbm!ivc/
Outstanding Obligations530,682
Parcels as of 2025 for Tax Year 2026:
273024120046
Uif!ejtusjdu!ibt!pof!pvutuboejoh!pcmjhbujpo-!uif!UJG!
sfwfovf!opuf/
sfqbz!uif!qbz.hp!UJG!sfwfovf!opuf!jttvfe!up!uif!efwfmpqfs!
boe!up!qbz!gvuvsf!benjojtusbujwf!fyqfoejuvsft/
Op!gvsuifs!benjojtusbujwf!dptut!tipvme!cf!qbje!gspn!uif!
ejtusjdu!voujm!uif!qsjps!zfbst!fyqfoejuvsft!bsf!sfqbje!gspn!
uby!jodsfnfout/!Bo!joufsgvoe!mpbo!xbt!opu!bqqspwfe!uijt!
ejtusjdu/
Table 19
TIF Plan
Prior Years as
Estimates 202520262027202820292030203120322033
TIF 24 (Stacks VIII Fund 059)
of Year 2024
(Budget)
Revenues
Tax increment revenue3,274,000274,904113,872113,872113,872113,872113,872113,872113,872113,872113,872
Tax levy
Charge for admin to TIF districts
Interest on Interfund Loans
Miscellaneous revenue
Interest and investment earnings33,0003724916037168319471,0631,1811,692
Market Value Homestead Credit
Loan/advance repayments
Payments from primary government
Repayment / return of tax increment
Total Revenues 3,307,000274,904114,244114,363114,475114,588114,703114,819114,935115,053115,564
Expenditures
Land/building acquisition
Site improvement/preparation costs1,439,600
Utilities
Other public improvements
Construction of affordable housing
Temporary economic development
HRA operating expenses
Authority administrative costs for TIF327,40037,357
County administrative costs for TIF3,470652652652652652652652652652
Total Project Expenditures 1,767,00040,827652652652652652652652652652
Bond principal payments on all other bonds
Bond principal payments for paygo60,33668,98273,00677,26481,77086,54091,58796,92923,585-
Bond interest payments on all other bonds1,540,000
Bond interest payments for paygo187,01533,50329,48025,22120,71515,94610,8985,556678-
Interest payment on interfund loans--------
Tax increment returned to the county
Total Expenditures 3,307,000288,178103,137103,138103,137103,137103,138103,137103,13724,915652
Revenues Over (Under) Expenditures 0(13,274)11,10711,22511,33811,45111,56511,68211,79890,138114,912
Other Financing Sources and Uses
Transfer in
Transfer out
Bond issued (other than refunding bonds)
Refunding bonds issued
Bonds refunded
Bond discount
Bond premium
Sales of property
Total Other Financing Sources and Uses 00000000000
Net Change in Fund Balance 0(13,274)11,10711,22511,33811,45111,56511,68211,79890,138114,912
Ending Fund Balance 0(13,274)(2,167)9,05820,39631,84743,41255,09466,892157,030271,942
Table 19
TIF Plan
Prior Years as
Estimates 2025202620272028202920302031203220332034
TIF 24 (Stacks VIII Fund 059)
of Year 2024
(Budget)
Assets
Cash35,32749,07660,30171,63883,09094,655106,336118,134169,162271,942387,881
Property held for resale
Receivable - Note
Receivable - Other
Due from other funds - TIF Loans
Due from other funds - Other
Land held for resale
Other assets
Total Assets35,32749,07660,30171,63883,09094,655106,336118,134169,162271,942387,881
Liabilities
Due to other funds - TIF Loans---------
Due to primary government
Other liabilities48,60151,24351,24351,24351,24351,24351,24351,24312,13200
Total Liabilities48,60151,24351,24351,24351,24351,24351,24351,24312,13200
Total Fund Balance(13,274)(2,167)9,05820,39631,84743,41255,09466,892157,030271,942387,881
Total Liabilities and Fund Balance35,32749,07660,30171,63883,09094,655106,336118,134169,162271,942387,881
Fund Balance by Purpose
To be returned to County / Excess TIF
Available for redevelopment projects009,05820,39631,84743,41255,09466,892157,030271,942387,881
Available for other purpose auth by special legislation
Available for pledge to general obligation bonds
Available for affordable housing projects
Available for other purposes / to be reimbursed from TIF(13,274)(2,167)000000000
Total Fund Balance(13,274)(2,167)9,05820,39631,84743,41255,09466,892157,030271,942387,881
Total amount of bonds authorized/issued*1,800,000660,000660,000660,000660,000660,000660,000660,000660,000660,000660,000660,000
Total amount of bonds outstanding 599,664530,682457,676380,412298,642212,102120,51523,586000
*Actual amounts may exceed authorized in this report due to capitalized interest, estimates come from the amortization schedules for the obligations
City NumberTIF 25
NameHolly Center Project
Uif!ejtusjdu!xbt!dsfbufe!up!qspnpuf!sfefwfmpqnfou!po!
TypeRedevelopment
uif!OX!dpsofs!pg!Vojwfstjuz!Bwf!boe!Njttjttjqqj!Tu!OF/!
Date Established9/14/2020
Uif!sfefwfmpqnfou!qspkfdu!jodmveft!dpotusvdujpo!pg!
Date Certification Requested10/8/2020
Date Certified8/3/2021
bqqspyjnbufmz!372!xpslgpsdf!jodpnf!sfoubm!ipvtjoh!vojut!
Year of First Increment2023
boe!bqqspyjnbufmz!21-111!trvbsf!gffu!pg!dpnnfsdjbm!
Date of Five Year Rule8/3/2026
Date of Decertification12/31/2048
tqbdf!cz!Spfst!Gsjemfz!Bqbsunfout!Pxofs!MMD/!
Date of Most Recent ModificationN/A
Original Tax Rate126.76%
Current Taxable Market Value (TMV) Pay 202649,581,500
Base TMV 5,083,700
Captured Tax Capacity551,139
B!njojnvn!bttfttnfou!bhsffnfou!jt!jo!qmbdf!gps!wbmvbujpo!
Number of Parcels2
pg!uif!qspqfsuz!xjuijo!uijt!ejtusjdu/!Uif!njojnvn!wbmvbujpo!
Fund Balance152,033
jt!%45/86!njmmjpo/
Cash Balance507,388
Outstanding Obligations5,763,761
Uif!Qmbo!ftujnbuft!uibu!gvuvsf!uby!jodsfnfout!xjmm!cf!
Parcels as of 2025 for Tax Year 2026:
143024230100
143024230101
ejtusjdu!boe!up!sfqbz!%7-59:-931!UJG!sfwfovf!opuf!)psjhjobm!
qbs!bnpvou*-!xjui!joufsftu-!jttvfe!up!uif!efwfmpqfs!up!
sfjncvstf!qspkfdu!dptut/!Uif!UJG!opuf!xbt!jttvfe!po!Bvhvtu!
sfwfovf!opuf!jt!qbzbcmf!gspn!:1&!pg!uif!uby!jodsfnfout!
gspn!uif!ejtusjdu/!Uif!pvutuboejoh!cbmbodf!jt!%6-874-872!bt!
pg!2304203136/
Gvuvsf!uby!jodsfnfout!bsf!qspkfdufe!up!cf!bwbjmbcmf!jo!
fydftt!pg!uif!qbznfout!po!uif!UJG!sfwfovf!opuf!boe!
ftujnbufe!benjojtusbujwf!dptut/!Uif!ISB!nbz!dpotjefs!
uif!vtf!pg!uif!qspkfdufe!uby!jodsfnfou!bcpwf!xibu!
jt!offefe!up!nffu!dvssfou!pcmjhbujpot!gps!qvsqptf!pg!
puifs!sfefwfmpqnfou!dptut!)qppmjoh*!xjuijo!uif!cspbefs!
cpvoebsjft!pg!Sfefwfmpqnfou!Qspkfdu!Op/!2!)uif!Qspkfdu!
Bsfb*/!Uif!Gjwf!Zfbs!Svmf!ebuf!gps!uijt!ejtusjdu!jt!90403137-!
xijdi!ibt!qbtu/!Mjnjubujpot!po!vtf!pg!jodsfnfou!opx!!
bqqmz/
Table 20
TIF Plan
TIF 25 (Holly Center Project Fund
Prior Years as
Estimates 202520262027202820292030203120322033
of Year 2024
060)
(Budget)
Revenues
Tax increment revenue18,400,0001,043,374768,483718,223718,223718,223718,223718,223718,223718,223718,223
Tax levy
Charge for admin to TIF districts
Interest on Interfund Loans
Miscellaneous revenue
Interest and investment earnings184,0003,6959,9805,0745,2785,5805,8856,1926,5026,8147,129
Market Value Homestead Credit
Loan/advance repayments
Payments from primary government
Repayment / return of tax increment
Total Revenues 18,584,0001,047,069778,463723,297723,501723,803724,108724,415724,725725,037725,352
Expenditures
Land/building acquisition3,000,000
Site improvement/preparation costs5,484,000
Utilities500,000
Other public improvements
Construction of affordable housing
Temporary economic development
HRA operating expenses
Authority administrative costs for TIF1,840,00029,8971,1601,2181,2551,2921,3311,3711,4121,4541,498
County administrative costs for TIF1,562671479479479479479479479479
Total Project Expenditures 10,824,00031,4591,8311,6971,7341,7711,8101,8501,8911,9331,977
Bond principal payments on all other bonds
Bond principal payments for paygo269,280456,779465,646484,458504,031524,393545,579567,620590,552614,410
Bond interest payments on all other bonds7,760,000
Bond interest payments for paygo669,757244,393225,940207,128187,556167,193146,008123,966101,03477,176
Interest payment on interfund loans
Tax increment returned to the county
Total Expenditures 18,584,000970,496703,003693,283693,320693,358693,396693,436693,477693,520693,563
Revenues Over (Under) Expenditures 076,57375,46030,01430,18230,44530,71230,97831,24731,51731,789
Other Financing Sources and Uses
Transfer in
Transfer out
Bond issued (other than refunding bonds)
Refunding bonds issued
Bonds refunded
Bond discount
Bond premium
Sales of property
Total Other Financing Sources and Uses 00000000000
Net Change in Fund Balance 076,57375,46030,01430,18230,44530,71230,97831,24731,51731,789
Ending Fund Balance 076,573152,033182,046212,228242,673273,385304,363335,611367,128398,918
Table 20
TIF Plan
TIF 25 (Holly Center Project Fund
Prior Years as
Estimates 2025202620272028202920302031203220332034
of Year 2024
060)
(Budget)
Assets
Cash431,928507,388527,839558,021588,467619,178650,157681,404712,921744,710776,772
Property held for resale
Receivable - Note
Receivable - Other
Due from other funds - TIF Loans
Due from other funds - Other
Land held for resale
Other assets1717
Total Assets431,945507,405527,839558,021588,467619,178650,157681,404712,921744,710776,772
Liabilities
Due to other funds - TIF Loans
Due to primary government
Other liabilities355,372355,372345,793345,793345,793345,793345,793345,793345,793345,793345,793
Total Liabilities355,372355,372345,793345,793345,793345,793345,793345,793345,793345,793345,793
Total Fund Balance76,573152,033182,046212,228242,673273,385304,363335,611367,128398,918430,979
Total Liabilities and Fund Balance431,945507,405527,839558,021588,467619,178650,157681,404712,921744,710776,772
Fund Balance by Purpose
To be returned to County / Excess TIF
Available for redevelopment projects76,573152,033182,046212,228242,673273,385304,363335,611367,128398,918430,979
Available for other purpose auth by special legislation
Available for pledge to general obligation bonds
Available for other purposes / to be reimbursed from TIF00000000000
Total Fund Balance76,573152,033182,046212,228242,673273,385304,363335,611367,128398,918430,979
Total amount of bonds authorized/issued*11,200,0006,489,8206,489,8206,489,8206,489,8206,489,8206,489,8206,489,8206,489,8206,489,8206,489,8206,489,820
Total amount of bonds outstanding 6,220,5405,763,7615,298,1154,813,6574,309,6263,785,2333,239,6542,672,0342,081,4821,467,072827,839
*Actual amounts may exceed authorized in this report due to capitalized interest, estimates come from the amortization schedules for the obligations
City NumberTIF 26
NameMoon Plaza
Uif!ejtusjdu!xbt!dsfbufe!up!qspnpuf!sfefwfmpqnfou!pg!
TypeRedevelopment
uif!Nppo!Qmb{b!tipqqjoh!dfoufs/!Uijt!qspqptfe!qspkfdu!
Date Established2/13/2023
jodmveft!dpotusvdujpo!pg!bqqspyjnbufmz!279!sfoubm!
Date Certification Requested4/3/2023
Date Certified5/1/2023
ipvtjoh!vojut!qmvt!voefshspvoe!boe!tvsgbdf!qbsljoh!cz!
Year of First Increment2024
Spfst!Bdrvjtjujpot!MMD/!
Date of Five Year Rule5/1/2028
Date of Decertification12/31/2049
Date of Most Recent ModificationN/A
Original Tax Rate106.86%
Uif!Qmbo!bepqufe!jo!Gfcsvbsz!3134!ftujnbuft!uibu!
Current Taxable Market Value (TMV) Pay 202627,433,600
Base TMV 2,365,500
Captured Tax Capacity313,351
benjojtusbujpo!dptut!gps!uif!ejtusjdu!boe!up!sfqbz!uif!
Number of Parcels1
boujdjqbufe!UJG!sfwfovf!opuf!up!cf!jttvfe/!
Fund Balance(999)
Cash Balance5,491
Uijt!ejtusjdu!ibt!bo!pvutuboejoh!pcmjhbujpo!qbzbcmf!
Outstanding Obligations6,364
gps!b!qbz.hp!UJG!sfwfovf!opuf!jttvfe!up!Spfst!Gsjemfz!
Parcels as of 2025 for Tax Year 2026:
Bqbsunfout!Pxofs!JJ!MMD!po!40303137!jo!uif!bnpvou!pg!
143024340094
%6-:46-415/:5!up!sfjncvstf!tjuf!jnqspwfnfout!boe!puifs!
po!uif!opuf!jt!30203162/
Table 21
TIF Plan
Prior Years as
Estimates 202520262027202820292030203120322033
TIF 26 (Moon Plaza Fund 061)
of Year 2024
(Budget)
Revenues
Tax increment revenue12,850,0003,8606,230328,455486,062487,274488,490489,709490,930492,154493,381
Tax levy
Charge for admin to TIF districts
Interest on Interfund Loans
Miscellaneous revenue
Interest and investment earnings200,000109553861,5351,9992,4792,9763,4914,023
Market Value Homestead Credit
Loan/advance repayments
Payments from primary government
Repayment / return of tax increment
Total Revenues 13,050,0003,8606,339328,510486,448488,810490,489492,188493,907495,645497,404
Expenditures
Land/building acquisition3,500,000
Site improvement/preparation costs2,626,000
Utilities
Other public improvements
Construction of affordable housing
Temporary economic development
HRA operating expenses
Authority administrative costs for TIF1,285,0008,2841,7825,0005,0005,0005,0005,0005,0005,0005,000
County administrative costs for TIF652
Total Project Expenditures 7,411,0008,2842,4345,0005,0005,0005,0005,0005,0005,0005,000
Bond principal payments on all other bonds
Bond principal payments for paygo165,12378,112154,763162,598170,829179,478188,564198,110
Bond interest payments on all other bonds
Bond interest payments for paygo5,639,000118,786288,420282,693274,858266,626257,978248,892239,346
Interest payment on interfund loans235245
Tax increment returned to the county
Total Expenditures 13,050,0008,5192,679288,910371,533442,456442,456442,456442,456442,456442,456
Revenues Over (Under) Expenditures 0(4,659)3,66039,601114,91546,35448,03349,73251,45153,18954,948
Other Financing Sources and Uses
Transfer in
Transfer out
Bond issued (other than refunding bonds)
Refunding bonds issued
Bonds refunded
Bond discount
Bond premium
Sales of property
Total Other Financing Sources and Uses 00000000000
Net Change in Fund Balance 0(4,659)3,66039,601114,91546,35448,03349,73251,45153,18954,948
Ending Fund Balance 0(4,659)(999)38,602153,517199,871247,904297,636349,086402,275457,224
Table 21
TIF Plan
Prior Years as
Estimates 2025202620272028202920302031203220332034
TIF 26 (Moon Plaza Fund 061)
of Year 2024
(Budget)
Assets
Cash1,4605,49138,602153,517199,871247,904297,636349,086402,275457,224513,951
Property held for resale
Receivable - Note
Receivable - Other
Due from other funds - TIF Loans
Due from other funds - Other
Land held for resale
Other assets
Total Assets1,4605,49138,602153,517199,871247,904297,636349,086402,275457,224513,951
Liabilities
Due to other funds - TIF Loans6,1196,364
Due to primary government
Other liabilities126
Total Liabilities6,1196,490000000000
Total Fund Balance(4,659)(999)38,602153,517199,871247,904297,636349,086402,275457,224513,951
Total Liabilities and Fund Balance1,4605,49138,602153,517199,871247,904297,636349,086402,275457,224513,951
Fund Balance by Purpose
To be returned to County / Excess TIF
Available for redevelopment projects0038,602153,517199,871247,904297,636349,086402,275457,224513,951
Available for other purpose auth by special legislation
Available for pledge to general obligation bonds
Available for other purposes / to be reimbursed from TIF(4,659)(999)000000000
Total Fund Balance(4,659)(999)38,602153,517199,871247,904297,636349,086402,275457,224513,951
Total amount of bonds authorized/issued*7,411,000200,000200,0006,126,0006,126,0006,126,0006,126,0006,126,0006,126,0006,126,0006,126,0006,126,000
Total amount of bonds outstanding 6,1196,3645,935,3055,857,1935,702,4305,539,8325,369,0025,189,5255,000,9614,802,8514,594,712
*Actual amounts may exceed authorized in this report due to capitalized interest, estimates come from the amortization schedules for the obligations
Northland Securities, Inc.
150 South 5th Street, Suite 3300
Minneapolis, MN 55402
(800) 851-2920
Member NASD and SIPC | Registered with MSRB and SEC