Tax Incremental District Number Fourteen

FY 2024 ANNUAL BUDGET

In 2021, the City Council approved the creation of TID # 14. The purpose of TID # 14 is to remove and/or rehabilitate old, dilapidated, or functionally obsolete structures: and diversity the City’s economic base through the retention/expansion of existing businesses and the attraction of new development that will create new employment opportunities and expand the local property tax base.


TID #14 EQUALIZED VALUE

Base $1,935,400

Increment $18,512,600

Total Equalized Value $15,082,300

Percent Change 779%