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Agenda - Council Work Session - 12/14/2010
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Agenda - Council Work Session - 12/14/2010
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3/18/2025 2:50:50 PM
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12/9/2010 7:46:56 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
12/14/2010
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Fiscal Disparities and TIF District <br />• At the time of district creation City has the option <br />of electing to make the Fiscal Disparity contribution <br />either from Outside the TIF District (Option A) or <br />from Within the TIF District (Option 8) <br />• Option A results in greater TIF revenue for the City, <br />but decreases the Taxable Net Tax Capacity of the <br />City resulting in a higher tax rate <br />• Option B results in less TIF revenue, but does not <br />affect the Taxable Net Tax Capacity <br />Public Sector Advisors Springsted <br />
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