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Green Bay joint review board approves 2024 TIF annual report; staff to file with state
Summary
The Green Bay Joint Review Board voted to approve the 2024 consolidated annual report for the city’s tax increment finance (TIF) districts and directed staff to file the report with the state. The report shows a combined fund balance of about $13.4 million and highlights transfers and land purchases across multiple districts.
The Green Bay Joint Review Board on June 10 voted to approve the city’s 2024 consolidated annual report for tax increment financing districts and directed staff to file the report with the state.
City staff summarized the report during the board’s meeting, saying the combined fund balance for all TIF districts stood at about $13,400,000 at year-end 2024 after the city spent roughly $11,000,000 on development and infrastructure projects. “As you can tell, the fund balances as of 1/1/24 we…
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