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Annual Disclosure Report - City of Wykoff, Minnesota

Fri, Jul 29th, 2005
Posted in Legals

Annual Disclosure Report - City of Wykoff, Minnesota

Annual Disclosure of Tax Increment Districts

for the Year Ended December 31, 2004

TIF District Name/NumberTIF 1

Current net tax capacity$19,686

Original net tax capacity7,368

Captured net tax capacity12,318

Principal and interest payments due during current year0

Tax increment received0

Tax increment expended0

Month and year of first tax increment receiptMay 1988

Date of required decertificationDecember 31, 2013

Increased property tax imposed on other properties as a

result of fiscal disparities contribution0

Tax Increment Financing District TIF 1 does not share its growth in commercial-industrial property tax values. This results in an increase in property taxes for other properties in this municipality. For taxes payable in 2004, this increase in taxes on other properties amounted to $ .

Additional information regarding each district may be obtained from:

Cheryl L. Davis

PO Box 218

Wykoff, MN 55990

Phone: 507-352-4011

Publish 1

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