Annual Disclosure Report

ANNUAL DISCLOSURE REPORT
City of Hallock, Minnesota
Annual Disclosure of Tax Increment Districts of the Year Ended December 31, 2019
TIF District Name/Number    TIF 3
Current net tax capacity    4,889
Original net tax capacity    134
Captured net tax capacity    4,755
Principal and interest payments due in 2020    10,570
Tax increment received in 2019    7,587
Tax increment expended in 2019    0
Month and year of first tax increment receipt    May, 2002
Date of required decertification    December 31, 2027
Increased Property Taxes as a Result of Fiscal Disparities    0
Additional information regarding each district may be obtained from:
Aimee Sugden, City Administrator
City of Hallock
PO Box 336
Hallock, MN 56728
Phone: 218-843-2737
[email protected]
(July 29, 2020)
––––––––––––––––––––

Leave a Comment