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Murray Redevelopment Agency files 2025 annual report; tax increment just under $3.1 million, ore‑sampling mill cleanup ongoing

5767457 · September 17, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Elvan Ferrell told the Redevelopment Agency that the agency filed its 2025 annual report with the state on June 30, 2025 and that tax‑increment revenues for the 2024 tax year totaled a little under $3.1 million across Murray’s redevelopment project areas.

The Redevelopment Agency of Murray City reported this week that it completed and filed its 2025 annual report with the state and that the agency collected a little under $3.1 million in tax‑increment revenue across its project areas for the 2024 tax year.

Elvan Ferrell, presenting the RDA’s 2025 annual report to the board, said the report was submitted to the Governor’s Office of Economic Opportunity on June 30, 2025 as required by state code. The report covers the fiscal year July 2023–June 2024 and provides project‑area financials, development updates and goals for each district.

Highlights reported to the board included tax increment receipts and active projects by area: the Central Business District…

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