Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Tif Annual Report topic
No spam. Unsubscribe anytime.
Green Bay joint review board accepts 2025 TIF annual report; staff highlights closing districts and active projects
Summary
The Tax Increment District Joint Review Board received and placed on file the City of Green Bays 2025 TIF annual report, which shows several districts nearing termination, active capital work at the shipyard and downtown, and projections for new development in recently created TIDs.
The Tax Increment District Joint Review Board on July 14 received and placed on file the City of Green Bays 2025 annual report on its tax increment finance (TIF) districts, a staff summary showed.
The report, accompanied by an Excel one-page summary, lists each TIDs creation date, mandatory term date, beginning and ending fund balances, revenues and expenditures and flags several districts nearing statutory closeout. City staff noted TID 5 is expected to close in 2026 but still has projects to finish, including lighting and shelter improvements; TID 12 closed in 2025 but carried a one-year affordable housing extension. Downtown TID retains a roughly $7 million balance intended to fund a future parking ramp or other major capital projects.
Rebecca (city staff) told the board that some older TIDs such as TID 14, which funded early rail yard and North Broadway infrastructure, remain negative but are seeing new increment as recent apartment occupancy produced taxable value. Green Bay Packaging and the shipyard TID were cited as active areas: shipyard work in 2025 included more than $4.3 million in expenditures and has multiple funding sources, including a $5 million state grant and additional EPA and federal funding.
After board members had no substantive questions, a motion to accept and place the report on file for submission to the State of Wisconsin passed on a voice vote.
The action records the boards acknowledgement of the technical annual filing; final policy decisions and project-specific approvals will come back to the board when individual project plans and allocation amendments return for formal action.
