Annual Disclosure of Tax Increment Districts for the Year Ended December 31, 2018
ANNUAL DISCLOSURE REPORT
City of Hallock, Minnesota
Annual Disclosure of Tax Increment Districts for the Year Ended December 31, 2018
TIF District Name/Number TIF 2A TIF 3
Current net tax capacity 4,777 4,889
Original net tax capacity 763 134
Captured net tax capacity 4,014 4,755
Principal and interest payments due in 2019 0 11,413
Tax increment received in 2018 6,311 7,474
Tax increment expended in 2018 14,177 3,737
Month and year of first tax increment receipt May, 1998 May, 2002
Date of required certification December 31, 2023 December 31, 2027
Increased Property Taxes as a Result of
Fiscal Disparities 0 0
Additional information regarding each district may be obtained from:
Angela Grafstrom, City Clerk-Administrator
City of Hallock
PO Box 336
Hallock, MN 56728
Phone: 218-843-2737
[email protected]
(July 17, 2019)
––––––––––––––––––––