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Management Review & Analysis – Tax Increment Financing Districts City of New Brighton Page 14 April 2018 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. Early Decertifications Once a district has paid off all outstanding obligations, it may need to be decertified early (depending on the district). We recommend the following District(s) be decertified early:  TIF #25 Lakeview South – This redevelopment district will repay the interfund loan to the Municipal Development Fund (560) by the end of the year. There are sufficient funds on hand to continue to pay the 2012B Bond. o Excess Increment: No excess increment is expected to be returned to Ramsey County at this time. o Pooling to New Brighton Exchange: It is anticipated this District will be able to pool approximately $200,000 to the New Brighton Exchange at the end of this year.