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 2016 AMEND INCREMENT TIF Taxing District Inc. Number: 520391 UR Designation TIF Taxing District Base Year: 2015 Slum No FY TIF Revenue First Received: 2019 Blighted No Subject to a Statutory end date? No Economic Development 01/2018 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 8,843,200 0 0 0 8,843,200 0 8,843,200 Taxable 0 0 7,434,993 0 0 0 7,434,993 0 7,434,993 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 31,300 7,434,993 4,460,555 2,974,438 81,029 FY 2025 TIF Revenue Received: 109,936 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 2017 AMEND INCREMENT TIF Taxing District Inc. Number: 520441 UR Designation TIF Taxing District Base Year: 2016 Slum No FY TIF Revenue First Received: 0 Blighted No Subject to a Statutory end date? No Economic Development 08/2017 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 113,800 0 0 0 0 0 113,800 0 113,800 Taxable 81,750 0 0 0 0 0 81,750 0 81,750 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 163,595 0 0 0 0 FY 2025 TIF Revenue Received: 0