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Victory Meadows TIF board approves FY2023–24 annual report, tentatively sets 2025 meeting dates
Summary
The Victory Meadows Tax Increment Financing (TIF) District board approved its FY2023–24 annual report for submission to Dallas City Council, reviewed district finances and ongoing projects, and approved a tentative quarterly meeting schedule for 2025.
The Victory Meadows Tax Increment Financing District Board of Directors on Jan. 14 approved its fiscal year 2023–24 annual report and voted to submit the report to Dallas City Council for review, the board chair announced.
Board members heard a summary from Ryan Doss, coordinator with the Office of Economic Development, who presented the FY2023–24 annual report and financial details. Doss said the district’s 2024 assessed taxable value was $662,000,342, a 302% increase from the adjusted base year (2005) and a 1.7% increase from the previous year. He told the board the city’s participation rate in the district is 80% and reported collections to…
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