Packet: Special City Council Meeting (11/25/2025)

♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Urban Renewal Area Data Collection Local Government Name: TIFFIN (52G490) Urban Renewal Area: TIFFIN URBAN RENEWAL UR Area Number: 52009 UR Area Creation Date: 10/1993 Guide the officials of the City of Tiffin in promoting their city's community and economic development. The primary goal of this plan is to stimulate private investment through public UR Area Purpose: involvement and commitment. Increment Base Increment Tax Districts within this Urban Renewal Area No. No. Value Used TIFFIN CITY/CLEAR CREEK SCH/TIFFIN UR TIF INCREMENT 520126 520127 31,331,288 TIFFIN CITY AG/CLEAR CREEK SCH/TIFFIN UR TIF INCREMENT 520128 520129 0 TIFFIN CITY/CLEAR CREEK SCH/TIFFIN UR 2003 AMENDMENT TIF INCR 520259 520260 0 TIFFIN CITY AG/CLEAR CREEK SCH/TIFFIN UR 2003 AMENDMENT TIF INCR 520261 520262 0 TIFFIN CITY/CLEAR CREEK SCH/TIFFIN UR 2005 AMEND INCREMENT 520281 520282 18,685,530 TIFFIN CITY AG/CLEAR CREEK SCH/TIFFIN UR 2005 AMEND INCREMENT 520283 520284 0 TIFFIN CITY/CLEAR CREEK SCH/TIFFIN UR TIF 2010 AMEND INCR 520327 520328 741,321 TIFFIN CITY/CLEAR CREEK SCH/TIFFIN UR 2014 AMEND INCREMENT 520388 520389 421,818 TIFFIN CITY/CLEAR CREEK SCH/TIFFIN UR 2016 AMEND INCREMENT 520390 520391 4,460,555 TIFFIN CITY AG/CLEAR CREEK SCH/TIFFIN UR 2017 AMEND INCREMENT 520440 520441 0 TIFFIN CITY/CLEAR CREEK SCH/TIFFIN UR 2017 AMEND INCREMENT 520442 520443 5,386,908 TIFFIN CITY AG/CLEAR CREEK SCH/TIFFIN UR TIF 2020 AMENDMENT BASE 520454 520455 0 TIFFIN CITY/CLEAR CREEK SCH/TIFFIN UR TIF 2018 AMENDMENT INCREMENT 520456 520457 1,628,805 Urban Renewal Area Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 113,800 151,674,464 42,335,500 0 0 -103,704 193,880,310 0 193,880,310 Taxable 81,750 70,290,281 34,390,328 0 0 -103,704 104,518,905 0 104,518,905 Homestead Credits 294 TIF Sp. Rev. Fund Cash Balance Amount of 07-01-2024 Cash Balance as of 07-01-2024: 1,318,717 0 Restricted for LMI TIF Revenue: 1,692,941 TIF Sp. Revenue Fund Interest: 0 Property Tax Replacement Claims 0 Asset Sales & Loan Repayments: 0 Total Revenue: 1,692,941 Rebate Expenditures: 112,146 Non-Rebate Expenditures: 1,559,897 Returned to County Treasurer: 0 Total Expenditures: 1,672,043 TIF Sp. Rev. Fund Cash Balance Amount of 06-30-2025 Cash Balance as of 06-30-2025: 1,339,615 0 Restricted for LMI