Annual Disclosure of Tax Increment Districts for the Year Ended December 31, 2024
|
TIF District Name/Number |
TIF 1-4 |
|
Current net tax capacity |
7,308 |
|
Original net tax capacity |
378 |
|
Captured net tax capacity |
6,930 |
|
Principal and interest payments due in 2025 |
41,128 |
|
Tax increment received in 2024 |
27,677 |
|
Tax increment expended in 2024 |
27,677 |
|
Month and year of first tax increment receipt |
June, 2019 |
|
Date of required decertification |
Dec. 31, 2027 |
|
Increased property taxes to be paid from outside the district if fiscal disparities Option A applies |
0 |
Additional information regarding each district may be obtained from:
Karen Larson, City Clerk-Treasurer
City of Mabel
PO Box 425
Mabel, MN 55954
Phone: 507-493-5299
karen.larson@cityofmabel.com
Publish 9
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