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TIF Projection Reports - Western/Ogden

This is a filtered view based on TIF Projection Reports.

Row numberTIF Reference NumberTIF NameReport GroupItemYearAmount ($ Dollars)End Date
1T-048Western/OgdenCurrent ObligationsCCIL RDA Note-2 payments2015-48180002/05/2021
2T-048Western/OgdenCurrent ObligationsCCIL RDA Note-2 payments2016-48180002/05/2021
3T-048Western/OgdenProposed ProjectsProposed redevelopment project #12015-560000002/05/2021
4T-048Western/OgdenCurrent ObligationsViaduct repairs - Polk, Washtenaw to Maplewood2013-29200002/05/2021
5T-048Western/OgdenCurrent ObligationsViaduct lighting - 1400 S. Damen2013-43500002/05/2021
6T-048Western/OgdenCurrent ObligationsViaduct improvements - Wood & Paulina2013-100000002/05/2021
7T-048Western/OgdenCurrent ObligationsTraffic Signal - 15th & Ashland2013-35000002/05/2021
8T-048Western/OgdenCurrent ObligationsStreet resurfacing - portions of Central, 12th Pl., 14th St., Albany2013-850002/05/2021
9T-048Western/OgdenCurrent ObligationsStreet resurfacing - 18th, Western to Leavitt; 16th, Wolcott to Wood; Wolcott, 16th to 17th2013-69720002/05/2021
10T-048Western/OgdenCurrent ObligationsSmall Business Improvement Fund2013-50000002/05/2021
11T-048Western/OgdenCurrent ObligationsSidewalk - Ogden, Rockwell to Washtenaw2013-800002/05/2021
12T-048Western/OgdenCurrent ObligationsProgram administration2017-21780002/05/2021
13T-048Western/OgdenCurrent ObligationsProgram administration2016-21150002/05/2021
14T-048Western/OgdenCurrent ObligationsProgram administration2015-20250002/05/2021
15T-048Western/OgdenCurrent ObligationsProgram administration2014-15760002/05/2021
16T-048Western/OgdenCurrent ObligationsProgram administration2013-15480002/05/2021
17T-048Western/OgdenCurrent ObligationsPark District IGA - Claremont Park2013-25000002/05/2021
18T-048Western/OgdenCurrent ObligationsPark District IGA - Altgeld Park2013-75000002/05/2021
19T-048Western/OgdenCurrent ObligationsLivingston Field improvements2013-300000002/05/2021
20T-048Western/OgdenCurrent ObligationsLighting - Wood, Roosevelt to 12th; 13th, Wood to Paulina2013-1360002/05/2021
21T-048Western/OgdenCurrent ObligationsGO bond reimbursement - Police District 122013-187560002/05/2021
22T-048Western/OgdenCurrent ObligationsCPS ADA Ph.2 - Plamondon2015-300000002/05/2021
23T-048Western/OgdenCurrent ObligationsChildren's Advocacy Center2013-900000002/05/2021
24T-048Western/OgdenCurrent ObligationsCCIL RDA Note-2 payments2017-48180002/05/2021
25T-048Western/OgdenCurrent ObligationsArterial street resurfacing - California, I-290 to Roosevelt2013-123120002/05/2021
26T-048Western/OgdenCurrent ObligationsAmerican Red Cross RDA2014-16670002/05/2021
27T-048Western/OgdenCurrent ObligationsAmerican Red Cross RDA2013-33340002/05/2021
28T-048Western/OgdenRevenueProperty tax2017611400002/05/2021
29T-048Western/OgdenRevenueProperty tax2016611400002/05/2021
30T-048Western/OgdenRevenueProperty tax2015611400002/05/2021
31T-048Western/OgdenRevenueProperty tax2014657000002/05/2021
32T-048Western/OgdenRevenueProperty tax2013705000002/05/2021
33T-048Western/OgdenFund BalanceRevenue recognition adjustment2013-241640002/05/2021
34T-048Western/OgdenFund BalanceFY'12 year-end balance20132887800002/05/2021
35T-048Western/OgdenFund BalanceEncumbrances through FY'122013-271230002/05/2021
36T-048Western/OgdenCurrent ObligationsBicycle sharing program station installation2013-14420002/05/2021
37T-048Western/OgdenCurrent ObligationsCCIL RDA Note-1 payments2013-27380002/05/2021
38T-048Western/OgdenCurrent ObligationsCCIL RDA Note-1 payments2014-27380002/05/2021
39T-048Western/OgdenCurrent ObligationsCCIL RDA Note-1 payments2015-27380002/05/2021
40T-048Western/OgdenCurrent ObligationsCCIL RDA Note-1 payments2016-27380002/05/2021
41T-048Western/OgdenCurrent ObligationsCCIL RDA Note-1 payments2017-27380002/05/2021
42T-048Western/OgdenCurrent ObligationsCCIL RDA Note-2 payments2013-48180002/05/2021
43T-048Western/OgdenCurrent ObligationsCCIL RDA Note-2 payments2014-48180002/05/2021

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created Apr 08, 2011

updated Oct 28, 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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