Discussion and Consideration of Annual Urban Renewal Report for FY 2024-2025 and Council Action as Needed

♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: TIFFIN (52G490) Urban Renewal Area: TIFFIN URBAN RENEWAL (52009) TIF Taxing District Name: TIFFIN CITY/CLEAR CREEK SCH/TIFFIN UR TIF INCREMENT TIF Taxing District Inc. Number: 520127 UR Designation TIF Taxing District Base Year: 1992 Slum No FY TIF Revenue First Received: 1994 Blighted No Subject to a Statutory end date? No Economic Development 01/1992 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 106,512,700 3,891,800 0 0 -87,704 110,203,046 0 110,203,046 Taxable 0 49,361,013 3,064,347 0 0 -87,704 52,223,906 0 52,223,906 Homestead Credits 248 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 195,118 52,223,906 31,331,288 20,892,618 569,155 FY 2025 TIF Revenue Received: 851,292 TIF Taxing District Data Collection Local Government Name: TIFFIN (52G490) Urban Renewal Area: TIFFIN URBAN RENEWAL (52009) TIF Taxing District Name: TIFFIN CITY AG/CLEAR CREEK SCH/TIFFIN UR TIF INCREMENT TIF Taxing District Inc. Number: 520129 UR Designation TIF Taxing District Base Year: 1992 Slum No FY TIF Revenue First Received: 1994 Blighted No Subject to a Statutory end date? No Economic Development 01/1992 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 6,727 0 0 0 0 FY 2025 TIF Revenue Received: 0