Tax Incremental District Number Eleven

FY 2024 ANNUAL BUDGET

In 2015, the City Council approved the creation of TID # 11. The purpose of TID # 11 is to promote the orderly development of Eau Claire by encouraging development and redevelopment of under-utilized property in the central business district. Uses of funds include funding for parking improvements, cash grant for a community arts facility and construction of a library plaza.


TID #11 EQUALIZED VALUE

Base $16,625,200

Increment $15,352,410

Total Equalized Value $23,998,400

Percent Change 92%