June 2005 Archives

Wilson Yard 2004 Annual Report

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Have you ever wondered how much money is in the Wilson Yard TIF?  Almost $10 million has been collected in property taxes as of December 2004. The 2004 Wilson Yard TIF financial data is excerpted here . The 2005 TIF Annual Report will be available in June 2006.

The "incremental" tax dollars generated by the community are significant...  Download the 2004 Annual Report Here (1.8 Mb) - Requires Adobe Acrobat Reader.

Condensed Comparative Financial Statements

2004 2003 Change % Change
Total Assets $9,974,902 $5,463,122 $4,511,780 83%
Total Liabilities $94,025 $32,068 $61,957 193%
Total Net Assets $9,880,877 $5,431,054 $4,449,823 82%
Total Revenues $4,668,195 2,353,252 2,314,943 98%
Total Expenses 218,372 43,369 175,003 404%
Change in Net Assets 4,449,823 2,309,883 2,139,940 93%
Ending Net Assets 9,880,877 5,431,054 4,449,823 82%