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Management Review & Analysis – Tax Increment Financing Districts City of New Brighton Page 14 July 2017 Recommendations The financial analysis of the City of New Brighton’s TIF Districts offers the following recommendations: Budget Modifications Budget modifications may be recommended for the following TIF Districts:  TIF #26: Brighton Corporate Business Park III: The TIF revenues for this district are expected to exceed the budget by 2019.  TIF #33: Marv’s Transmission: This district should be closely monitored to ensure TIF expenses don’t exceed the TIF budget. Increment to Return to Ramsey County Occasionally, a TIF district needs to have increment returned to Ramsey County for redistribution. This can happen for a variety of reasons, including, but not limited to the reason(s) below.  TIF #28: Rice Creek Center: Pursuant to M.S. 469.1763 Subd. 2, this district is required to spend at least 75% of the increment received on activities inside the district. In 2016, this cumulative test was not met and $176,376 of the remaining projected fund balance of $450,527 was returned to Ramsey County. This leaves an estimated $274,151 available for remaining debt service payments and pooling to the New Brighton Exchange.