Annual Disclosure of Tax Increment Districts for the Year Ended December 31, 2024
|
Name of TIF District: |
TIF District 1-7 |
TIF District 1-8 |
|
Current net tax capacity |
42,976 |
0 |
|
Original net tax capacity |
911 |
0 |
|
Captured net tax capacity |
42,065 |
0 |
|
Principal and interest due in 2025 |
37,170 |
0 |
|
Tax increment received – 2024 |
52,024 |
0 |
|
Tax increment expended – 2024 |
14,629 |
0 |
|
First tax increment receipt |
November, 2023 |
June, 2024 |
|
Date of required decertification |
December 31, 2031 |
December 31, 2032 |
|
Increased property taxes to be paid from outside the district if fiscal disparities Option A applies |
0 |
0 |
Additional information regarding each district may be obtained from:
City of Harmony
Alissa Stelpflug, City Clerk
PO Box 488
Harmony, MN 55939
507-886-8122
alissa@harmonymn.gov
Publish 9
Leave a Reply