TID Number 1

This district is closed.TIF 1

Statistic
Amount
Base Value (1993)$5,781,900
Current Value (2016)$25,696,700
Original Property Taxes$161,200
Current Property Taxes (2016)$705,328
Property Tax Increment$544,128


TID Expiration Date: 2007

Tax Incremental District Number One was established on October 6, 1992; effective date was January 1, 1993. The District is comprised of two areas - the West Area and the East Area. The West Area is generally bounded on the east by South 70th Street, on the south by West Walker Street from South 70th Street to South 72nd Street, on the west South 72 Street, and on the north by the City limits. The East Area is generally bounded on the south by West Mineral Street extended from South 63rd Street to South 70th Street, on the west by South 70th Street, on the north by the City limits and on the east by South 63rd Street, extended north from West Mineral Street to the City limits. Over 50% of the coverage area was blighted per section 66.46(2)(a) of the Wisconsin Statutes.