HomeMy WebLinkAboutRivery_Park_TIRZ_Board_Agenda_9_2_2015_1251Notice of Meeting for the
Rivery Park TIRZ Board
of the City of Georgetown
September 2, 2015 at 11:00 AM
at Georgetown Municipal Complex Williamson Room, located at 300-1 Industrial
Avenue, Georgetown, TX
The City of Georgetown is committed to compliance with the Americans with Disabilities Act (ADA).
If you require assistance in participating at a public meeting due to a disability, as defined under the
ADA, reasonable assistance, adaptations, or accommodations will be provided upon request. Please
contact the City at least four (4) days prior to the scheduled meeting date, at (512) 930-3652 or City
Hall at 113 East 8th Street for additional information; TTY users route through Relay Texas at 711.
Legislative Regular Agenda
A Overview of the 2015/16 Financial Report - Micki Rundell, Chief Financial Officer
CERTIFICATE OF POSTING
I, Jessica Brettle, City Secretary for the City of Georgetown, Texas, do hereby certify that this Notice
of Meeting was posted at City Hall, 113 E. 8th Street, a place readily accessible to the general public
at all times, on the ______ day of __________________, 2015, at __________, and remained so
posted for at least 72 continuous hours preceding the scheduled time of said meeting.
____________________________________
Jessica Brettle, City Secretary
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City of Georgetown, Texas
Rivery Park TIRZ Board
September 2, 2015
SUBJECT:
Overview of the 2015/16 Financial Report - Micki Rundell, Chief Financial Officer
ITEM SUMMARY:
This report satisfies state reporting requirements.
FINANCIAL IMPACT:
N/A
SUBMITTED BY:
Micki Rundell, Chief Financial Officer
ATTACHMENTS:
Description Type
Rivery Park TIRZ Financial Report Backup Material
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RIVERY TAX INCREMENT REINVESTMENT ZONE - CITY FUNDS ONLY
2015/16 Financial Report 8/26/2015
Base Value (Jan 1, 2008) 4,974,292$
Value (Jan 1, 2015) 29,821,712$
Tax Incremental Value 24,847,420$
2015 Tax Rate/per $100* 0.43400$
REVENUE TO TIF DISTRICT 107,837.80$
Tax Incremental
Historical Revenue/ Reconcilement Rate Value
2009/10 18,506.00$ 0.35622 5,194,936
2010/11 11,615.74$ 0.35622 3,260,832
2011/12 7,708.16$ 0.38750 2,007,784
2012/13 8,227.63$ 0.41000 2,006,740
2013/14 8,256.67$ 0.43950 1,878,650
2014/15 39,627.69$ 0.43400 9,130,805
Interest Cummulative 860.47$
TIF Funds Earned 94,802.36$
2015/16 Estimated Revenue 107,837.80$ 0.43400$ 24,847,420$
Projected TIF Fund Balance 09/30/16 202,640.17$
L:\Division\finance\budget\15_16\Tax Calc\TIRZ 2015 8.15.xlsxPage 3 of 3