The following information represents the annual disclosure of tax increment districts for the year ended December 31, 2024.
TIF 2-2
Current net tax capacity. $ 23,762
Original net tax capacity $ 400
Captured net tax capacity $ 23,362
Principal and interest payments due in 2025 $ 1,522
Tax increment received in 2024 $ 34,052
Tax increment expended in 2024 $ 30,102
Month and year of first tax increment receipt 6/2008
Date of required decertification 12/31/2033
Additional information regarding this district may be obtained from:
Name: Mitchell Walbridge
Address: 202 Parkway Avenue S
City: Lanesboro
State: MN
Zip Code: 55949
Phone: 507-467-3722
Email: MWalbridge@lanesboro-mn.gov
Publish 9