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Joint Review Board approves TID No. 1 annual report showing modest revenue and balance
Summary
At the July 29 annual meeting the Joint Review Board reviewed the TID No. 1 annual report; staff reported about $55,000 in incremental revenue, roughly $360 in expenses, and a year-end balance just under $160,000. The board approved the report.
The Joint Review Board for Tax Incremental District No. 1 in the Village of Waukesha reviewed and approved the district's annual report during its July 29, 2024 meeting, staff reported. Kristy K., who presented the TID No. 1 annual report, said the district received just under $55,000 in incremental revenue for the year and incurred about $360 in expenses, primarily administrative. She reported a year-end balance of just under $160,000…
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