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TIRZ No. 5 balance $1.54 million; deposits rising at about 15% annually

3783503 · May 12, 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

At its May meeting, the Tax Increment Reinvestment Zone No. 5 received a financial update reporting a current balance of $1,543,761 and that annual deposits have been increasing, with an average gross rate of about 15% year over year.

At its May meeting, the Tax Increment Reinvestment Zone No. 5 heard a financial update showing a current balance of $1,543,761.

Mister Macedo, a staff member presenting the report, said…

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