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TIF Projection Reports - Madison/Austin Corridor

This is a filtered view based on TIF Projection Reports.

Row numberTIF Reference NumberTIF NameReport GroupItemYearAmount ($ Dollars)End Date
1T-075Madison/AustinTransfers Between TIF DistrictsTransfer from Northwest Ind. Corr. (MSAC - Austin HS & DePriest Elem.)2013244840012/31/2023
2T-075Madison/AustinProposed ProjectsStreet resurfacing - Lavergne, Fulton to Washington2013-31230012/31/2023
3T-075Madison/AustinCurrent ObligationsTIF Works Job Training2013-15000012/31/2023
4T-075Madison/AustinCurrent ObligationsStreet resurfacing - Kenton, Madison to Lake2013-12070012/31/2023
5T-075Madison/AustinCurrent ObligationsSpeed Bump - 4425 W. Madison2013-110012/31/2023
6T-075Madison/AustinCurrent ObligationsSmall Business Improvement Fund2013-75000012/31/2023
7T-075Madison/AustinCurrent ObligationsSidewalks, curb/gutter - W. Madison, 4500 to 5132.2013-8000012/31/2023
8T-075Madison/AustinCurrent ObligationsProgram administration2017-5720012/31/2023
9T-075Madison/AustinCurrent ObligationsProgram administration2016-5550012/31/2023
10T-075Madison/AustinCurrent ObligationsProgram administration2015-5310012/31/2023
11T-075Madison/AustinCurrent ObligationsProgram administration2014-4350012/31/2023
12T-075Madison/AustinCurrent ObligationsProgram administration2013-4410012/31/2023
13T-075Madison/AustinCurrent ObligationsMSAC - Program administration2013-90012/31/2023
14T-075Madison/AustinCurrent ObligationsMSAC - Austin HS & DePriest Elem. - TIF share2017-113240012/31/2023
15T-075Madison/AustinCurrent ObligationsMSAC - Austin HS & DePriest Elem. - TIF share2016-113200012/31/2023
16T-075Madison/AustinCurrent ObligationsMSAC - Austin HS & DePriest Elem. - TIF share2015-100610012/31/2023
17T-075Madison/AustinCurrent ObligationsMSAC - Austin HS & DePriest Elem. - TIF share2014-100550012/31/2023
18T-075Madison/AustinCurrent ObligationsMSAC - Austin HS & DePriest Elem. - TIF share2013-92380012/31/2023
19T-075Madison/AustinCurrent ObligationsMSAC - Austin HS & DePriest Elem. - other TIF(s)2017-449280012/31/2023
20T-075Madison/AustinCurrent ObligationsMSAC - Austin HS & DePriest Elem. - other TIF(s)2016-449380012/31/2023
21T-075Madison/AustinCurrent ObligationsMSAC - Austin HS & DePriest Elem. - other TIF(s)2015-393260012/31/2023
22T-075Madison/AustinCurrent ObligationsMSAC - Austin HS & DePriest Elem. - other TIF(s)2014-400710012/31/2023
23T-075Madison/AustinCurrent ObligationsMSAC - Austin HS & DePriest Elem. - other TIF(s)2013-661690012/31/2023
24T-075Madison/AustinCurrent ObligationsLighting & pole painting - multiple locations2013-25380012/31/2023
25T-075Madison/AustinTransfers Between TIF DistrictsTransfer from Northwest Ind. Corr. (MSAC - Austin HS & DePriest Elem.)2017285980012/31/2023
26T-075Madison/AustinTransfers Between TIF DistrictsTransfer from Northwest Ind. Corr. (MSAC - Austin HS & DePriest Elem.)2016286420012/31/2023
27T-075Madison/AustinTransfers Between TIF DistrictsTransfer from Northwest Ind. Corr. (MSAC - Austin HS & DePriest Elem.)2015241620012/31/2023
28T-075Madison/AustinTransfers Between TIF DistrictsTransfer from Northwest Ind. Corr. (MSAC - Austin HS & DePriest Elem.)2014249050012/31/2023
29T-075Madison/AustinTransfers Between TIF DistrictsTransfer from Midwest (MSAC - Austin HS & DePriest Elem.)2017163300012/31/2023
30T-075Madison/AustinTransfers Between TIF DistrictsTransfer from Midwest (MSAC - Austin HS & DePriest Elem.)2016162960012/31/2023
31T-075Madison/AustinTransfers Between TIF DistrictsTransfer from Midwest (MSAC - Austin HS & DePriest Elem.)2015151640012/31/2023
32T-075Madison/AustinTransfers Between TIF DistrictsTransfer from Midwest (MSAC - Austin HS & DePriest Elem.)2014151660012/31/2023
33T-075Madison/AustinTransfers Between TIF DistrictsTransfer from Midwest (MSAC - Austin HS & DePriest Elem.)2013416850012/31/2023
34T-075Madison/AustinRevenueProperty tax2017151900012/31/2023
35T-075Madison/AustinRevenueProperty tax2016151900012/31/2023
36T-075Madison/AustinRevenueProperty tax2015151900012/31/2023
37T-075Madison/AustinRevenueProperty tax2014169900012/31/2023
38T-075Madison/AustinRevenueProperty tax2013188900012/31/2023
39T-075Madison/AustinFund BalanceRevenue recognition adjustment2013-23150012/31/2023
40T-075Madison/AustinFund BalanceReserved for debt service2013-401760012/31/2023
41T-075Madison/AustinFund BalanceFY'12 year-end balance20131349810012/31/2023
42T-075Madison/AustinFund BalanceEncumbrances through FY'122013-563640012/31/2023

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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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