|
Name |
TIF |
TIF |
TIF |
|
Current net tax capacity |
29,296 |
13,770 |
16,448 |
|
Original net tax capacity |
3,371 |
400 |
1,935 |
|
Captured net tax capacity |
25,925 |
13,370 |
14,513 |
|
Principal and interest payments due in 2024 |
38,031 |
26,063 |
3,267 |
|
Tax increment received – 2023 |
32,774 |
16,807 |
18,190 |
|
Tax increment expended – 2023 |
33,045 |
16,807 |
18,167 |
|
First tax increment receipt |
June, 2016 |
June, 2016 |
June, 2018 |
|
Date of required decertification |
12/31/41 |
12/31/24 |
12/31/43 |
|
Increased property taxes to be paid from outside the district if fiscal disparities Option A applies |
|||
|
0 |
0 |
0 |
Additional information regarding each district may be obtained from:
Ryan Throckmorton, City Administrator
PO Box 657
Preston, MN 55965
Phone: 507-765-2153
rthrockmorton@prestonmn.org
Publish 17