Tax Incremental District Number Ten

FY 2024 ANNUAL BUDGET

In 2014, the City Council approved the creation of TID # 10, for the purpose of development of the downtown South Barstow area. Uses of funds include financial assistance to encourage mixed-use development, a cash grant for a community arts facility, and improvements to the Haymarket Plaza. The TID was amended in 2015 to reduce territory in the District to facilitate the creation of TID # 11, which would otherwise overlap TID # 10. The purpose of TID # 10 remains as originally intended prior to the territory amendment.


TID #10 EQUALIZED VALUE


Base $9,794,200

Increment $30,359,663

Total Equalized Value $37,464,200

Percent Change 383%