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 PARK PLACE URBAN RENEWAL AREA (52033) TIF Taxing District Name: TIFFIN CITY/CLEAR CREEK SCH/TIFFIN PARK PLACE UR TIF 2021 AMENDMENT INCREMENT TIF Taxing District Inc. Number: 520470 UR Designation TIF Taxing District Base Year: 2020 Slum No FY TIF Revenue First Received: 0 Blighted No Subject to a Statutory end date? No Economic Development 01/2019 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 11,895,388 0 0 0 0 11,895,388 0 11,895,388 Taxable 0 5,512,656 0 0 0 0 5,512,656 0 5,512,656 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 5,300 5,512,656 5,512,656 0 0 FY 2025 TIF Revenue Received: 123,295