The URL can be used to link to this page

Home My WebLink AboutRESOLUTION NO. 2018-68 RESOLUTION NO. 2018-68 RESOLUTION APPROVING ANNUAL URBAN RENEWAL REPORT FOR FISCAL YEAR 2017-2018 WHEREAS,the City of Fairfax is required to prepare and submit an Annual Urban Renewal Report. NOW, THEREFORE BE IT RESOLVED, by the City Council of the City of Fairfax, Iowa: Section 1. The Council has reviewed this report. Section 2. The City Clerk is directed to submit this report to the State of Iowa before the deadline of December 1, 2018. BE IT FURTHER RESOLVED, by the City Council of Fairfax, Iowa, that the Mayor and the City Clerk are hereby authorized and directed to execute said Resolution. Passed and approved this 11"'day of September, 2018. AYES: Daly, Kell, Volk, and Wainwright NAYS: None ABSENT: Otto Burnell G. Frieden, Mayor ATTEST: 6 d � r� 1 Cy hia K. Stimson, City Clerk/Treasurer , a �h h �7 RftiYsg Annual Urban Renewal Reb6rt,Fiscal Year'2017 2018 Levy Authority Summary Kcal Government Name: FAIRFAX i-ocal Government Number: 57G544 U.R. #of Tif Active Urban Renewal Areas # Taxing Districts FAIRFAX URBAN RENEWAL 57050 10 TIF Debt Outstanding: 8,070,427 .............."'e'* ",*F" ....'*''C.'a"s' ... "a"I'a.................................................................................................. 'u"n...o' .. *7.-.0"1.-* 0'.1. " 'C. '.s'h'* 'B.a' ... 'c"e'.... TIF Sp. Rev. Fund Cash Balance Amount of 07-01-201.7 Cash Balance as of 07-01-2017: 146,157 0 Restricted for LMI TIF Revenue: 946,788 TIF Sp. Revenue Fund Interest: 803 Property Tax Replacement Claims 0 Asset Sales & Loan Repayments: 0 Total Revenue: 947,591 Rebate Expenditures: 0 Non-Rebate Expenditures: 951,395 Returned to County Treasurer: 0 Total Expenditures: 951,395 �'S�,Rev Fund Cash B�laxtcs ', >rla'a�r>r�€ ail'06 30 2D�8 Cada Bal`�uce Ka of 06'30 20l$ 142,353 � � \Res�rzeted #'nx LMS Year-End Outstanding TIF Obligations, Net of TIF Special Revenue Fund Balance: 6,976,679 Created: Fri Aug 24 10:07:12 CDT 2018 Pagel 414 Annual Urban Renewal Report, Fiscal Year 2017 - 2018 Urban Renewal Area Data Collection -)cal Government Name: FAIRFAX (57G544) Orban Renewal Area: FAIRFAX URBAN RENEWAL UR Area Number: 57050 UR Area Creation Date: 11/1998 This UR Plan was developed to help local officials promote economic development in Fairfax. Primary goal is to stimulate, through public involvement& committment, private investment in new & expanding commercial, industrial, & residential UR Area Purpose: development. Base Increment Increment Tax Districts within this Urban Renewal Area No. No. value Used FAIRFAX CITY/COLLEGE SCH/ INCR 57379 57380 17,759,943 FAIRFAX CITY AG/COLLEGE SCH/ INCR 57381 57382 0 FAIRFAX CITY/COLLEGE SCH/ #1 INCR 57440 57441 8,333,790 FAIRFAX CITY AG/COLLEGE SCH/ #1 INCR 57442 57443 0 FAIRFAX CITY/COLLEGE SCH/#2 INCR 57624 57625 9,153,301 kIRFAX CITY AG/COLLEGE SCH/ #2 INCR 57626 57627 0 ,IRFAX CITY/COLLEGE SCH/#3 INCR 57720 57721 344,846 FAIRFAX TWP/COLLEGE SCH/FAIRFAX 2013 #4 TIF INCREM 57738 57739 18,177 FAIRFAX CITY/COLLEGE SCH/ 44 TIF INCR 57740 57741 0 FAIRFAX CITY AG/COLLEGE SCII/ #4 TIF INCREM 57742 57743 0 Urban Renewal Area Value by Class - 1/1/2016 for FY 2018 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 394,600 166,489,200 16,845,682 355,700 0 -203,720 184,821,080 0 184,$21,0;80 Taxable 187,433 94,797,437 15,161,114 320,130 0 -203,720 111,037,580 0 111"037,580 Homestead Credits 654' TIF Sp. Rev. Fund Cash Balance Amount of 07-01-2017 Cash Balance as of 07-01-2017: 146,157 0 Restricted for LMI TIF Revenue: 946,788 TIF Sp. Revenue Fund Interest: 803 Property Tax Replacement Claims 0 Asset Sales & Loan Repayments: 0 Total Revenue: 947,591 Rebate Expenditures: 0 Non-Rebate Expenditures: 951,395 Returned to County Treasurer: 0 Total Expenditures: 951,395 F Sp.Rev.Fund Cash Balance Amount of 06-30-2018 Cash Balance as of 06-30-2018: 142,353 0 Restricted for LMT Created: Fri Aug 24 10:07:12 CDT 2018 Page 2 of 14 Annual Urban Renewal Report, Fiscal Year 2017 - 2018 rojects For FAIRFAX URBAN RENEWAL WWTF Project 2008B Description: waste water treatment facilty project Classification: Water treatment plants, waste treatment plants & lagoons Physically Complete: Yes Payments Complete: Yes Sanitary Sewer Improvements 2008A Description: sanitary sewer system improvements Classification: Roads, Bridges & Utilities Physically Complete: Yes Payments Complete: Yes Water Main Replacement 2009 Description: water main replacment Classification: Roads, Bridges & Utilities Physically Complete: Yes Payments Complete: Yes smote Meter Read Program Description: remote meter read program Classification: Roads, Bridges & Utilities Physically Complete: Yes Payments Complete: No Library Improvements Description: library building improvements Classification: Municipal and other publicly-owned or leased buildings Physically Complete: Yes Payments Complete: Yes Park & Athletic Fields new park with athletic fields, trail,playground, and Description: building Recreational facilities (lake development, parks, ball fields, Classification: trails) Physically Complete: Yes Payments Complete: No Drainage Improvements 2009 ascription: drainage improvements Classification: Roads, Bridges & Utilities Created: Fri Aug 24 10:07:12 CDT 2018 Page 3 of 14 Physically Complete: Yes Payments Complete: Yes VWTF Project 2008A Description: waste water treatment facily project Classification: Water treatment plants, waste treatment plants & lagoons Physically Complete: Yes Payments Complete: Yes Sewer System Improvements 2004 Description: sanitary sewer system improvements Classification: Roads, Bridges & Utilities Physically Complete: Yes Payments Complete: Yes WWTF Project 2005 Description: waste water treatment facility project Classification: Water treatment plants, waste treatment plants & lagoons Physically Complete: Yes Payments Complete: Yes Water Main Replacement 2011 ')escription: water main replacement assification: Roads, Bridges & Utilities Physically Complete: Yes Payments Complete: No Water Main Replacement 2012 Description: water main replacement Classification: Roads, Bridges & Utilities Physically Complete: Yes Payments Complete: No Sanitary Sewer & Water Extensions Description: sewer and water lines extensions Classification: Roads, Bridges & Utilities Physically Complete: Yes Payments Complete: No Parking Lot Improvements Description: parking lot improvements Recreational facilities (lake development,parks, ball fields, Classification: trails) pbysically Complete: Yes yments Complete: No Created: Fri Aug 24 10:07:12 CDT 2018 Page 4 of 14 Administrative Fees nescription: loan processing fees assification: Administrative expenses Physically Complete: No Payments Complete: No East Cemetery Rd Area Improvements Phase 1 Description: water and sewer extension and drainage improvements Classification: Roads, Bridges & Utilities Physically Complete: Yes Payments Complete: No East Cemetery Rd Area Improvements Phase 2 Description: drainage improvements, street reconsturetion Classification: Roads, Bridges & Utilities Physically Complete: Yes Payments Complete: No Trail Project 2014 Description: trail with pedestrian bridge Recreational facilities (lake development, parks, ball fields, Classification: trails) Dbysically Complete: Yes yments Complete: No Vanderbilt, WM, UV, FD, & Dev Description: street, water, & sewer improv, fire truck, dev planing Classification: Roads, Bridges & Utilities Physically Complete: Yes Payments Complete: No Well Upgrades, Water System Study, Tower Design, WM Ext, Street Design Description: Water system and street projects Classification: Roads, Bridges & Utilities Physically Complete: No Payments Complete: No Created: Fri Aug 24 10:07:12 CDT 2018 Page 5 of 14 Annual Urban Renewal Report, Fiscal Year 2017 - 2018 )ebts/Obligations For FAIRFAX URBAN RENEWAL $560,000 GO, Series 2008A Debt/Obligation Type: Gen. Obligation Bonds/Notes Principal: 35,000 Interest: 1,190 Total: 36,190 Annual Appropriation?: No Date Incurred: 03/11/2008 FY of Last Payment: 2018 $139,000 GO, SRF Series 2010 Debt/Obligation Type: Gen. Obligation Bonds/Notes Principal: 63,960 Interest: 13,186 Total: 77,146 Annual Appropriation?: No Date Incurred: 02/10/2010 FY of Last Payment: 2029 $540,000 GO, Series 2011 -bt/Obligation Type: Gen. Obligation Bonds/Notes Principal: 290,000 Interest: 30,303 Total: 320,303 Annual Appropriation?: No Date Incurred: 05/12/2011 FY of Last Payment: 2022 $5901000 GO, Series 2012 Debt/Obligation Type: Gen. Obligation Bonds/Notes Principal: 170,000 Interest: 5,533 Total: 175,533 Annual Appropriation'?: No Date Incurred: 06/26/2012 FY of Last Payment: 2020 $21260,000 GO, Series 2001B Debt/Obligation Type: Gen. Obligation Bonds/Notes Principal: 1,380,000 Interest: 148,790 Total: 1,528,790 ,nual Appropriation?: No Date Incurred: 11/10/2011 FY of Last Payment: 2024 Created: Fri Aug 24 10:07:12 CDT 2018 Page 6 of 14 $2,485,000 GO, Series 2013 ebt/Obligation Type: Gen. Obligation Bonds/Notes Principal: 1,735,000 Interest: 220,448 Total: 1,955,448 Annual Appropriation?: No Date Incurred: 09/10/2013 FY of Last Payment: 2025 $1,330,000 GO, Series 2014 Debt/Obligation Type: Gen. Obligation Bonds/Notes Principal: 1,130,000 Interest: 156,020 Total: 1,286,020 Annual Appropriation?: No Date Incurred: 04/08/2014 FY of Last Payment: 2027 Administrative Expenses Debt/Obligation Type: Internal Loans Principal: 32,244 Interest: 0 Total: 32,244 ,nual Appropriation?: No .ate Incurred: 04/08/2014 FY of Last Payment: 2029 $2,080,000 GO, Series 2015 Debt/Obligation Type: Gen. Obligation Bonds/Notes Principal: 1,420,000 Interest: 207,473 Total: 1,627,473 Annual Appropriation'?: No Date Incurred: 06/10/2015 FY of Last Payment: 2028 955,000 GO, Series 2017 Debt/Obligation Type: Gen. Obligation Bonds/Notes Principal: 923,050 Interest: 108,230 Total: 1,031,280 Annual Appropriation?: No Date Incurred: 06/27/2017 FY of Last Payment: 2029 Created: Fri Aug 24 10:07:12 CDT 2018 Page 7 of 14 Annual,Urban Renewal Report, Fiscal Year 2017 2018 lon-Rebates For FAIRFAX URBAN RENEWAL TIF Expenditure Amount: 36,190 Tied To Debt: $560,000 GO, Series 2008A Tied To Project: Sanitary Sewer Improvements 2008A TIF Expenditure Amount: 6,019 Tied To Debt: $139,000 GO, SRF Series 2010 Tied To Project: Remote Meter Read Program TIF Expenditure Amount: 64,460 Tied To Debt: $540,000 GO, Series 2011 Tied To Project: Water Main Replacement 2011 TIF Expenditure Amount: 57,643 Tied To Debt: $590,000 GO, Series 2012 Tied To Project: Water Main Replacement 2011 TIF Expenditure Amount: 218,790 Tied To Debt: $2,260,000 GO, Series 2001B Tied To Project: Water Main Replacement 2012 TIF Expenditure Amount: 500 .gid To Debt: $560,000 GO, Series 2008A _.ed To Project: Administrative Fees TIF Expenditure Amount: 160 Tied To Debt: $139,000 GO, SRF Series 2010 Tied To Project: Administrative Fees TIF Expenditure Amount: 500 Tied To Debt: $540,000 GO, Series 2011 Tied To Project: Administrative Fees TIF Expenditure Amount: 500 Tied To Debt: $590,000 GO, Series 2012 Tied To Project: Administrative Fees TIF Expenditure Amount: 500 Tied To Debt: $2,260,000 GO, Series 2001B Tied To Project: Administrative Fees TIF Expenditure Amount: 181,907 Tied To Debt: $2,485,000 GO, Series 2013 Tied To Project: East Cemetery Rd Area Improvements Phase 1 TIF Expenditure Amount: 500 �d To Debt: $2,485,000 GO, Series 2013 ,ed To Project: Administrative Fees Created: Fri Aug 24 10:07:12 CDT 2018 Page 8 of 14 TIF Expenditure Amount: 400 Tied To Debt: $2,080,000 GO, Series 2015 Tied To Project: Administrative Fees TIF Expenditure Amount: 125,727 Tied To Debt: $1,330,000 GO, Series 2014 Tied To Project: East Cemetery Rd Area Improvements Phase 2 TIF Expenditure Amount: 500 Tied To Debt: $1,330,000 GO, Series 2014 Tied To Project: Administrative Fees TIF Expenditure Amount: 164,278 Tied To Debt: $2,080,000 GO, Series 2015 Tied To Project: Vanderbilt, WM, UV, FD, & Dev TIF Expenditure Amount: 92,336 Tied To Debt: 955,000 GO, Series 2017 Tied To Project: Well Upgrades, Water System Study, Tower Design, WM Ext, Street Design TIF Expenditure Amount: 485 Tied To Debt: 955,000 GO, Series 2017 Tied To Project: Administrative Fees Created: Fri Aug 24 10:07:12 CDT 2018 Page 9 of 14 Annual Urban Renewal Report, Fiscal Year 2017 - 2018' TIF Taxing District Data Collection )cal Government Name: FAIRFAX (57G544) Urban Renewal Area: FAIRFAX URBAN RENEWAL (57050) TIF Taxing District Name: FAIRFAX CITY/COLLEGE SCH/INCR TIF Taxing District Inc. Number: 57380 TIF Taxing District Base Year: 1997 FY TIF Revenue First Received: 2000 l7R'Designation Slurp No Subject to a Statutory end date? Yes Blighted No Fiscal year this TIF Taxing District Economic Development 11/1998 statutorily ends: 2020 TIF Taxing District Value by Class - 1/1/2016 for FY 2018 Agricultural Residential Commercial 'Industrial Other Military Total Gas/Electric Utility; Total Assessed 0 66,754,300 15,600,882 355,700 0 -92,600 83,557,900 0 $3,557,9011 Taxable 0 38,009,290 14,040,794 320,130 0 -92,600 53,052,800 0 53,052,8011 Homestead Credits s Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2018 7,010,753 53,052,800 17,759,943 35,292,857 965,905 FY 2018 TIF Revenue Received: 471,013 TIF Taxing District Data Collection Local Government Name: FAIRFAX (57G544) ban Renewal Area: FAIRFAX URBAN RENEWAL (57050) t IF Taxing District Name: FAIRFAX CITY AG/COLLEGE SCH/INCR TIF Taxing District Inc. Number: 57382 TIF Taxing District Base Year: 1997 FY TIF Revenue First Received: 2000 UR Designation Slwn No Subject to a Statutory end date? Yes Blighted No Fiscal year this TIF Taxing District Economic Development 11/1998 statutorily ends: 2020 TIF Taxing District Value by Class - 1/1/2016 for FY 2018 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 119,400 0 0 0 0 0 119,400 0 ,11�;400, Taxable 56,714 0 0 0 0 0 56,714 0 56;714 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2018 155,759 0 0 0 0 FY 2018 TIF Revenue Received: 417 Created: Fri Aug 24 10:07:12 CDT 2018 Page 10 of 14 Annual Urban Renewal Report, Fiscal Year 2017 -`2018'. TIF Taxing District Data Collection )cal Government Name: FAIRFAX (57G544) Urban Renewal Area: FAIRFAX URBAN RENEWAL (57050) TIF Taxing District Name: FAIRFAX CITY/COLLEGE SCH/#1 INCR TIF Taxing District Inc. Number: 57441 TIF Taxing District Base Year: 2000 FY TIF Revenue First Received: 2003 Ultbesignation Slum No Subject to a Statutory end date? Yes Blighted No Fiscal year this TIF Taxing District Economic Development 11/2001 statutorily ends: 2023 TIF Taxing District Value by Class - 1/1/2016 for FY 2018 Agricultural Residential Commercial Industrial Other Military Total; Gas/Electric Utility Total Assessed 0 43,816,200 0 0 0 -53,708 43,762,492 0 43,762,49 Taxable 0 24,948,546 0 0 0 -53,708 24,894,838 0 X4,894,838 Homestead Credits 14 Frozen Base Value Max Increment Value Increment Used ' Increment Not Used Increment Revenue Not Used Fiscal Year 2018 520,369 24,894,838 8,333,790 16,561,048 453,248 FY 2018 TIF Revenue Received: 221,518 TIF Taxing District Data Collection Local Government Name: FAIRFAX (57G544) ban Renewal Area: FAIRFAX URBAN RENEWAL (57050) i1F Taxing District Name: FAIRFAX CITY AG/COLLEGE SCH/#1 INCR TIF Taxing District Inc. Number: 57443 TIF Taxing District Base Year: 2000 UR Designation FY TIF Revenue First Received: 2003 Slum No Subject to a Statutory end date? Yes Blighted No Fiscal year this TIF Taxing District Economic Development 11/2001 statutorily ends: 2023 TIF Taxing District Value by Class - 1/1/2016 for FY 2018 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 Credits0 ......._................ Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2018 64,274 0 0 0 0 FY 2018 TIF Revenue Received: 0 Created: Fri Aug 24 10:07:12 CDT 2018 Page I 1 of 14 Annual Urban Renewal Report, Fiscal Year 2017 -"2018 TIF Taxing District Data Collection Kcal Government Name: FAIRFAX (57G544) Urban Renewal Area: FAIRFAX URBAN RENEWAL (57050) TIF Taxing District Name: FAIRFAX CITY/COLLEGE SCH/#2 INCR TIF Taxing District Inc. Number: 57625 TIF Taxing District Base Year: 2005 FY TIF Revenue First Received: 2008 UR Designation Slum No Subject to a Statutory end date? Yes Blighted No Fiscal year this TIF Taxing District Economic Development 07/2006 statutorily ends: 2028 TIF Taxing District Value by Class - 1/1/2016 for FY 2018 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 46,525,100 979,500 0 0 -29,632 47,474,968 0 47,474,968 Taxable 0 26,490,976 881,550 0 0 -29,632 27,342,894 0 2 ;342 894 Homestead Credits Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2018 4,732,159 27,342,894 9,153,301 18,189,593 497,818 FY 2018 TIF Revenue Received: 244,093 TIF Taxing District Data Collection Local Government Name: FAIRFAX (57G544) ban Renewal Area: FAIRFAX URBAN RENEWAL (57050) 1IF Taxing District Name: FAIRFAX CITY AG/COLLEGE SCH/#2 INCR TIF Taxing District Inc. Number: 57627 TIF Taxing District Base Year: 2005 FY TIF Revenue First Received: 2008 UR Designation Slum No Subject to a Statutory end date? Yes Blighted No Fiscal year this TIF Taxing District Economic Development 07/2006 statutorily ends: 2028 TIF Taxing District Value by Class - 1/1/2016 for FY 2018 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 00 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Mas Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2018 0 0 0 0 0 FY 2018 TIF Revenue Received: 0 Created: Fri Aug 24 10:07:12 CDT 2018 Page 12 of 14 Annual Urban Renewal Report, Fiscal Year 2017 -2018 TIF Taxing District Data Collection )cal Government Name: FAIRFAX (57G544) Urban Renewal Area: FAIRFAX URBAN RENEWAL (57050) TIF Taxing District Name: FAIRFAX CITY/COLLEGE SCH/#3 INCR TIF Taxing District Inc. Number: 57721 TIF Taxing District Base Year: 2010 FY TIF Revenue First Received: 2015 UR Designation Slum No Subject to a Statutory end date? Yes Blighted No Fiscal year this TIF Taxing District Economic Development No statutorily ends: 2035 TIF Taxing District Value by Class - 1/1/2016 for FY 2018 Agricultural Residential Commercialindustrial Other Military t Total Gas/Electric Utility Total Assessed 0 9,393,600 265,300 0 0 -27,780 9,631,120 0 9;631,12p, Taxable 0 5,348,625 238,770 0 0 -27,780 5,559,615 0 5, 59 6fi5 Homestead Credits 57 Frozen Base Value Max Increment Value " Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2018 8,628,771 1,030,129 344,846 685,283 18,755 FY 2018 TIF Revenue Received: 9,330 TIF Taxing District Data Collection Local Government Name: FAIRFAX (57G544) ban Renewal Area: FAIRFAX URBAN RENEWAL (57050) i IF Taxing District Name: FAIRFAX TWP/COLLEGE SCH/FAIRFAX 2013 #4 TIF INCREM TIF Taxing District Inc. Number: 57739 TIF Taxing District Base Year: 2012 UR Designation Slum No FY TIF Revenue First Received: Blighted No Subject to a Statutory end date? No Economic Development No TIF Taxing District Value by Class - 1/1/2016 for FY 2018 Agricultural Residential Commercial Industrial other Military Total Gas/Electric Utility Total Assessed 219,400 0 0 0 0 0 219,400 0 . 19,400 Taxable 104,215 0 0 0 0 0 104,215 0 1 -104,215= Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2018 160,900 58,500 18,177 40,323 913 FY 2018 TIF Revenue Received: 0 Created: Fri Aug 24 10:07:12 CDT 2018 Page 13 of 14 Annual Urban Renewal Report, Fiscal Year 2017 - 2018 TIF Taxing District Data Collection -)cal Government Name: FAIRFAX (57G544) Urban Renewal Area: FAIRFAX URBAN RENEWAL (57050) TIF Taxing District Name: FAIRFAX CITY/COLLEGE SCH/#4 TIF INCR TIF Taxing District Inc. Number: 57741 TIF Taxing District Base Year: 2012 FY TIF Revenue First Received: 2016 UR Designation Slum No Subject to a Statutory end date? Yes Blighted No Fiscal year this TIF Taxing District Economic Development No statutorily ends: 2036 TIF Taxing District Value by Class - 1/1/2016 for FY 2018 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 Q Taxable 0 0 0 0 0 0 0 0 f 0 r ; Homestead Credits Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2018 0 0 0 0 0 FY 2018 TIF Revenue Received: 417 TIF Taxing District Data Collection Local Government Name: FAIRFAX (57G544) ban Renewal Area: FAIRFAX URBAN RENEWAL (57050) ,1F Taxing District Name: FAIRFAX CITY AG/COLLEGE SCH/#4 TIF INCREM TIF Taxing District Inc. Number: 57743 TIF Taxing District Base Year: 2012 UR Designation Slum No FY TIF Revenue First Received: Blighted No Subject to a Statutory end date? No Economic Development No TIF Taxing District Value by Class - 1/1/2016 for FY 2018 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 55,800 0 0 0 0 0 55,800 0 +55,800 Taxable 26,504 0 0 0 0 0 26,504 0 26,504 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2018 60,000 0 0 0 0 FY 2018 TIF Revenue Received: 0 Created: Fri Aug 24 10:07:12 CDT 2018 Page 14 of 14