Tax Incremental District Number Thirteen

FY 2024 ANNUAL BUDGET

In 2019, the City Council approved the creation of TID # 13. The purpose of TID # 13 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 #13 EQUALIZED VALUE

Base $3,028,900

Increment $23,532,430

Total Equalized Value $13,548,300

Percent Change 447%