Community Redevelopment Authority

Gavilon – TIF Project

Year 2011

  • Base Value Taxable: $51,095
  • Property Taxes: $980.68
  • Excess Value: $807,505
  • Tax Credited to Indebtedness: $15,498.38

Year 2012

  • Base Value Taxable: $51,095
  • Property Taxes: $929.88
  • Excess Value: $807,505
  • Tax Credited to Indebtedness: $77,935.38

Year 2013

  • Base Value Taxable: $51,095
  • Property Taxes: $841.84
  • Excess Value: $4,282,430
  • Tax Credited to Indebtedness: $160,600.10

Year 2014

  • Base Value Taxable: $51,095
  • Property Taxes: $740.80
  • Excess Value: $9,798,642
  • Tax Credited to Indebtedness: $158,821.51

Year 2015

  • Base Value Taxable: $51,095
  • Property Taxes: $708.46
  • Excess Value: $10,954,338
  • Tax Credited to Indebtedness: $151,888.80

Year 2016

  • Base Value Taxable: $51,095
  • Property Taxes: $717.24
  • Excess Value: $10,954,338
  • Tax Credited to Indebtedness: $153,769.76

Year 2017

  • Base Value Taxable: $51,096
  • Property Taxes: $714.84
  • Excess Value: $10,954,338
  • Tax Credited to Indebtedness: $153,244.62

Year 2018

  • Base Value Taxable: $51,096
  • Property Taxes: $709.84
  • Excess Value: $12,114,753
  • Tax Credited to Indebtedness: $168,299.24

906 Chief St – TIF Project

Year 2018

  • Base Value Taxable: $3,824
  • Property Taxes: $53.12
  • Excess Value: $174,584
  • Tax Credited to Indebtedness: $2,425.34