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TIF Projection Reports - Humboldt Park Commercial

This is a filtered view based on TIF Projection Reports.

Row numberTIF Reference NumberTIF NameReport GroupItemYearAmount ($ Dollars)End Date
1T-108Humboldt ParkCurrent ObligationsProgram administration2014-4820012/31/2025
2T-108Humboldt ParkCurrent ObligationsProgram administration2016-6250012/31/2025
3T-108Humboldt ParkCurrent ObligationsProgram administration2017-6430012/31/2025
4T-108Humboldt ParkCurrent ObligationsResurrection University RDA payments2013-270910012/31/2025
5T-108Humboldt ParkCurrent ObligationsResurrection University RDA payments2014-34000012/31/2025
6T-108Humboldt ParkCurrent ObligationsResurrection University RDA payments2015-34000012/31/2025
7T-108Humboldt ParkCurrent ObligationsResurrection University RDA payments2016-34000012/31/2025
8T-108Humboldt ParkCurrent ObligationsResurrection University RDA payments2017-34000012/31/2025
9T-108Humboldt ParkCurrent ObligationsSmall Business Improvement Fund2013-50000012/31/2025
10T-108Humboldt ParkRevenueProperty tax2016175000012/31/2025
11T-108Humboldt ParkRevenueProperty tax2015175000012/31/2025
12T-108Humboldt ParkRevenueProperty tax2014193300012/31/2025
13T-108Humboldt ParkRevenueProperty tax2013212600012/31/2025
14T-108Humboldt ParkFund BalanceRevenue recognition adjustment2013-45630012/31/2025
15T-108Humboldt ParkFund BalanceFY'12 year-end balance2013677740012/31/2025
16T-108Humboldt ParkFund BalanceEncumbrances through FY'122013-133000012/31/2025
17T-108Humboldt ParkRevenueProperty tax2017175000012/31/2025
18T-108Humboldt ParkCurrent ObligationsArterial street resurfacing - Division, California to Western2013-71450012/31/2025
19T-108Humboldt ParkCurrent ObligationsBuffered bike lanes2013-2000012/31/2025
20T-108Humboldt ParkCurrent ObligationsCPS IGA - Jose De Diego Elem.2013-40000012/31/2025
21T-108Humboldt ParkCurrent ObligationsHealthy Corner Store Initiative2013-5000012/31/2025
22T-108Humboldt ParkCurrent ObligationsNorth & Talman Ph.2 RDA payments2014-33410012/31/2025
23T-108Humboldt ParkCurrent ObligationsNorth & Talman Ph.2 RDA payments2015-33410012/31/2025
24T-108Humboldt ParkCurrent ObligationsNorth & Talman Ph.2 RDA payments2016-33410012/31/2025
25T-108Humboldt ParkCurrent ObligationsNorth & Talman Ph.3 Sr. Housing RDA payments2013-42110012/31/2025
26T-108Humboldt ParkCurrent ObligationsProgram administration2013-4840012/31/2025
27T-108Humboldt ParkCurrent ObligationsProgram administration2015-5990012/31/2025


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created Apr 15, 2011

updated Nov 18, 2013

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The Tax Increment Financing (TIF) Projection Report is a three-year planning document used to evaluate resources and project balances to determine how much funding has been committed and how much funding is available for potential projects in each of the City’s TIF districts. This report is updated with the latest available information and does not represent a final accounting of funds in any TIF district. Annual audited financial reports are found on the City’s website and are published once a year to reflect the balances and expenditures in each TIF fund. The TIF Projection Report provides estimates of TIF revenue and expenditures in each TIF district in the City of Chicago over a three-year period. Funding sources include: Unallocated Funds: Available funds at the beginning of the current year. This includes incremental property tax revenue from prior years. Revenue collected in the prior year is typically used to fund obligations in the current year. Some portion of prior-year collections may be used to fund obligations in subsequent years. Unallocated Bond/Note Proceeds: Available funds remaining from a bond sale or note issued to the City by a bank or other lender. Estimated Incremental Property Tax Revenue: Includes projected incremental property tax revenue collections for the current and subsequent two years. Estimates are based on recent equalized assessed values and tax rates and may be adjusted to reflect property tax collection patterns for a particular TIF. Transfers include: Transfers In: Funds that are transferred into a TIF district for a specific purpose from one or more adjacent TIF districts. Transfers Out: Funds that are transferred to one or more adjacent TIF districts for specific purposes. Current obligations items may include: Debt service payments on bonds or notes; payments to private developers pursuant to redevelopment agreements authorized by City Council; costs of public improvements; and costs of capital projects for overlapping taxing districts, such as the Board of Education or the Chicago Park District. The obligations may also include administrative costs that are incurred by the City for the implementation and administration of the Redevelopment Plan associated with each TIF. Potential projects include: Projects that are currently under consideration and which have not yet received necessary approval(s). In some cases, the dollar amounts listed reflect estimated project costs. As these projects take shape and move through the approval process, they are expected to become an obligation of the TIF.

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