Tax Incremental District Number Nine

FY 2024 ANNUAL BUDGET

In 2008, the City Council approved the creation of TID # 9, for the purpose of financing infrastructure improvements in the Gateway Northwest Business Park. TID # 9 includes undeveloped sections of TID #5. Through the TID, the city contemplated infrastructure development for utilities and street improvements to prepare for industrial development.

TID #9 EQUALIZED VALUE

Base $13,649,200

Increment $17,856,349

Total Equalized Value $23,154,900

Percent Change 131%