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TIF Projection Reports - Kinzie Industrial Corridor

This is a filtered view based on TIF Projection Reports.

Row numberTIF Reference NumberTIF NameReport GroupItemYearAmount ($ Dollars)End Date
1T-052KinzieCurrent ObligationsSmall Business Improvement Fund2013-100000006/10/2021
2T-052KinzieCurrent ObligationsProgram administration2017-52360006/10/2021
3T-052KinzieCurrent ObligationsProgram administration2016-50840006/10/2021
4T-052KinzieCurrent ObligationsProgram administration2015-48670006/10/2021
5T-052KinzieCurrent ObligationsProgram administration2014-38110006/10/2021
6T-052KinzieCurrent ObligationsProgram administration2013-37750006/10/2021
7T-052KinzieCurrent ObligationsPark District IGA - Smith Park2013-92400006/10/2021
8T-052KinzieRevenueProperty tax20151481000006/10/2021
9T-052KinzieRevenueProperty tax20161481000006/10/2021
10T-052KinzieRevenueProperty tax20171481000006/10/2021
11T-052KinzieTransfers Between TIF DistrictsTransfer to Chicago/Central Park (MSAC - Westinghouse)2013-612250006/10/2021
12T-052KinzieTransfers Between TIF DistrictsTransfer to Chicago/Central Park (MSAC - Westinghouse)2014-591170006/10/2021
13T-052KinzieTransfers Between TIF DistrictsTransfer to Chicago/Central Park (MSAC - Westinghouse)2015-618890006/10/2021
14T-052KinzieTransfers Between TIF DistrictsTransfer to Chicago/Central Park (MSAC - Westinghouse)2016-621240006/10/2021
15T-052KinzieTransfers Between TIF DistrictsTransfer to Chicago/Central Park (MSAC - Westinghouse)2017-619480006/10/2021
16T-052KinzieCurrent ObligationsStreetscape - Fulton Market, Morgan to Ogden2013-710000006/10/2021
17T-052KinzieCurrent ObligationsStreetscape - 800 to 1000 W. Fulton Market2013-354400006/10/2021
18T-052KinzieCurrent ObligationsStreet resurfacing, curb/gutter, ADA ramps - multiple locations2013-268100006/10/2021
19T-052KinzieCurrent ObligationsStreet resurfacing - Fulton, Central Park to Kedzie; Homan, Franklin to Fulton, St. Louis, Governors Pkwy to Carroll2013-510006/10/2021
20T-052KinzieCurrent ObligationsSidewalks - 315 N. Racine; 159 N. Carpenter.2013-12850006/10/2021
21T-052KinzieCurrent ObligationsLighting - multiple locations2013-1300006/10/2021
22T-052KinzieCurrent ObligationsMSAC - Program administration2013-40006/10/2021
23T-052KinzieCurrent ObligationsCB2 RDA Note-A payments2013-9300006/10/2021
24T-052KinzieCurrent ObligationsCB2 RDA Note-A payments2014-27600006/10/2021
25T-052KinzieCurrent ObligationsCB2 RDA Note-A payments2015-27600006/10/2021
26T-052KinzieCurrent ObligationsCB2 RDA Note-A payments2016-29850006/10/2021
27T-052KinzieCurrent ObligationsCB2 RDA Note-A payments2017-29850006/10/2021
28T-052KinzieCurrent ObligationsCB2 RDA Note-B payments2013-16470006/10/2021
29T-052KinzieCurrent ObligationsCB2 RDA Note-B payments2014-16050006/10/2021
30T-052KinzieCurrent ObligationsCB2 RDA Note-B payments2015-16050006/10/2021
31T-052KinzieCurrent ObligationsCB2 RDA Note-B payments2016-17360006/10/2021
32T-052KinzieCurrent ObligationsCB2 RDA Note-B payments2017-17360006/10/2021
33T-052KinzieCurrent ObligationsChicago Farmworks Ph. II2013-125000006/10/2021
34T-052KinzieCurrent ObligationsCoyne Institute RDA payments2013-36240006/10/2021
35T-052KinzieCurrent ObligationsCoyne Institute RDA payments2014-37920006/10/2021
36T-052KinzieCurrent ObligationsCoyne Institute RDA payments2015-38680006/10/2021
37T-052KinzieCurrent ObligationsCoyne Institute RDA payments2016-30430006/10/2021
38T-052KinzieCurrent ObligationsCPS ADA Ph.1 - Beidler & Morton2013-150000006/10/2021
39T-052KinzieCurrent ObligationsHWUC - Erie Co-op RDA payments2013-6020006/10/2021
40T-052KinzieCurrent ObligationsAlley reconstruction - Fulton Market, Lake, Green, Peoria2013-16500006/10/2021
41T-052KinzieCurrent ObligationsArterial street resurfacing - Aberdeen, Washington to Carroll2013-13770006/10/2021
42T-052KinzieCurrent ObligationsArterial street resurfacing - Carroll & Kedzie (intersection)2013-340006/10/2021
43T-052KinzieCurrent ObligationsArterial street resurfacing - Milwaukee, Grand to Kinzie2013-29000006/10/2021
44T-052KinzieCurrent ObligationsArterial street resurfacing - Sacramento, Chicago to Carrol; Racine, Lake to Randolph2013-224600006/10/2021
45T-052KinzieCurrent ObligationsBicycle sharing program station installation2013-38440006/10/2021
46T-052KinzieCurrent ObligationsBloomingdale Recreational Trail2013-98100006/10/2021
47T-052KinzieCurrent ObligationsHWUC - Erie Co-op RDA payments2014-7600006/10/2021
48T-052KinzieCurrent ObligationsHWUC - Erie Co-op RDA payments2015-7500006/10/2021
49T-052KinzieCurrent ObligationsHWUC - Erie Co-op RDA payments2016-7400006/10/2021
50T-052KinzieCurrent ObligationsHWUC - Erie Co-op RDA payments2017-7300006/10/2021

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created Apr 08, 2011

updated Nov 18, 2013

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Description

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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