HomeMy WebLinkAboutFY 2020 Glade Parks TIF Registry Form 50-806Texas Comptroller of Public Accounts
Tax Increment Finance (TIF) Registry
Annual Report by Municipality or County
PLEASE PRINT OR TYPE, DO NOT WRITE IN SHADED AREAS.
Please fill out the complete form and attach other documentation (See Instructions on page 2.)
City of Euless
Name of designating taxing unit
Janina Jewell
Contact Person
201 N. Ector Drive
Current Mailing Address (number and street)
Euless
City
817-685-1444
rnone xxx-xxx-xxxx)
Tarrant
County
817-685-1459
Fax Number (xxx-xxx-xxxx)
City County
Director of Finance
Title
76039
ZIP Code
jjewell@eulesstx.gov
Email Address
1. TIF Reinvestment zone name: Tax Increment Reinvestment Zone #3
DO NOT USE ORDINANCE OR RESOLUTION NUMBERS FOR ZONE NAME (See instructions for "Proper Zone Naming Standards")
2. Report for fiscal year beginning (YYYY) 10/01 /2019 and ending (YYYY) 09/30/2020
3. Has the termination date of the TIRZ been modified? (If"No" skip to question 4. If "yes", please attached the ordinance.) Yes V No
a. Original Termination Date (MM/DD/YYYY):
b. Modified Termination Date (MM/DD/YYYY):
4. Size of the TIF reinvestment zone in acres: ..........................I.............I................................... 265
I-
5. Has the size of the zone increased or decreased since creation?: I I Yes I✓ I No
6. If you answered "Yes" in question #5, please indicate which? ❑ Increased ❑ Decreased
7. Property types (select one only): Residential ❑ Commercial/Industrial Both (commercial/industrial and residential)
8. Have one or more abatements been given to business(es) to locate in the TIRZ (if "No"then skip to question #10)?: Yes V No
9. What are the individual account numbers assigned to each active abated property that is located in the TIRZ? Use semi -colon (;) to separate each property abated.
10. Types of improvement projects (check all that are in progress or have been completed):
Public Projects
Public Buildings and Facilities ❑� Roadwork
14-11 Water/Sewer and Drainage ❑ Parks Other Infrastructure:
Other Projects
Facade Renovation
ElTransit
Parking Historical Preservation
ElAffordable Housing El Economic Development
11 Other:
The Data Analysis and Transparency Division at the Texas Comptroller of Public Accounts For more information, visit our website:
provides information and resources for taxpayers and local taxing entities. comptroller.texas.gov/economy/local/Ch311
50-806 • Rev.1-21/10
Texas Comptroller of Public Accounts
For Q.11-Q.14 round to the nearest dollar. CANNOT leave any line blank for Q.11-Q.14, MUST provide at least a $0 for each line.
11. TIF fund balance (end of ear): $ 1,854,354
12. List of fund revenues: 1,454,842
Total tax increments received...................................................................................... $
Sales tax increments............................................................................................... $ 320,222
Loans............................................................................................................. $ 0
Saleof bonds...................................................................................................... $ 0
Saleof property................................................................................................... $ 0
Other............................................................................................................. $ 10,057
TOTAL ANNUAL REVENUES $ 1,785,121
13. List of fund expenditures: 1,143,966
Administrative..................................................................................................... $
Propertypurchased............................................................................................... $ 0
Publicimprovements.............................................................................................. $ 0
0
Facade renovations................................................................................................ $
0
Parking............................................................................................................ $
Historicpreservation.............................................................................................. $ 0
Transit............................................................................................................ $ 0
Affordablehousing................................................................................................ $ 0
Economic development programs................................................................................. $ 0
0
Other............................................................................................................. $
TOTAL ANNUAL EXPENDITURES $ 1,143,966
14. Bonded indebtedness: 12,398,357
Principaldue...................................................................................................... $
Interestdue....................................................................................................... $ 3,252,310
TOTAL DEBT $ 15,650,667
Fill out the three lines below if the TIRZ IS NOT divided into multiple sub -zones in the "lead taxing unit" If the zone has increased in size since it's creation and is
divided into multiple sub -zones: (a) identify the name of each sub-zone/section and (b) identify the TIRZ values, tax increment base and captured appraised value
within that zone's sub -zone. DO NOT INCLUDE numbers from "participating taxing units"
15. Reinvestment zone values: 19,758,821
Tax increment base................................................................................................ $
Current captured appraised value.................................................................................. $ 243,137,188
Tax increment reinvestment zone total (add above 2 lines together) $ 262, 896, 009
Name of the subdivision 1 (if applicable)........................................................................... Glade Parks
For more information, visit our website: comptroller.texas.gov/economy/local/ch311/
50-806 • Rev.1-21/10
Texas Comptroller of Public Accounts
(Fill out section below only if the TIRZ has expanded. Each new property/area that is incorporated into the TIRZ is considered as a "sub -zone")
Tax increment base................................................................................................ $
Current captured appraised value.................................................................................. $
Tax increment reinvestment sub -zone total (add above 2 lines together) ............................................ $
Name of the sub -zone 2 (Use this field if zone has expanded).......................................................
Tax increment base................................................................................................ $
Current captured appraised value.................................................................................. $
Tax increment reinvestment sub -zone total (add above 2 lines together) ............................................ $
Name of the sub -zone 3 (Use this field if zone has expanded).......................................................
Tax increment base................................................................................................ $
Current captured appraised value.................................................................................. $
Tax increment reinvestment sub -zone total (add above 2 lines together) ............................................ $
Name of the sub -zone 4 (Use this field if zone has expanded).......................................................
STEP 3: Authorized Name of Person Completing Form
By typing my name below, I certify under penalty of perjury that I am authorized to execute this instrument and the information provided herein is true
and correct to the best of my knowledge and belief.
ga_lt� Director of Finance 02/27/2021
Authorized User me Title
Date
Instructions
State Law (Section Sec. 311.016, Tax Code) requires the governing body ofa munici-
Step 1: Contact information
pality or county, on or before the 150th day following the end of its fiscal year, to
This information provides the Comptroller information on the entity initiating
submit a report on the status ofa reinvestment zone created by the municipality or
thetax increment reinvestment zone and a contact person fortheannual report.
county to the chief executive officer of each taxing unit that levies property taxes
on real property in the zone. A copy ofthis annual report along with this form must
Step 2: Tax Increment Reinvestment Zone Information
be submitted to the Texas Comptroller of Public Accounts at the address below:
Comptroller of Public Accounts
Data Analysis and Transparency Division
Post Office Box 13528
Austin, Texas 78711-3528
For assistance or to request additional forms, call toll free, 1-800-531-5441 ext.
3-4679. You may also obtain additional forms at comptroller.texas.gov/economy/
local/ch311/reporting.php. From a Telecommunication Device for the Deaf (TDD),
call1-800-248-4099 or512-463-4621.
Q.1 - Please include the reinvestment zone name listed in the ordinance or
resolution creating the zone. TIRZ name MUST before formatted in this man-
ner: City Name, TIRZ Name & Number such as City of Levelland TIRZ #1, City of
Weimar Sunset TIRZ.
Q.10-Indicateall improvement projects in progress orcompleted with in thezone.
Q.11-Q.14 - List the TIF fund balance at the end of the fiscal year, all revenues
received by the fund during the fiscal year, and all expenditures made by the
fund during the fiscal year. List principal and interest due on bonded indebt-
edness, the tax increment base at the creation of the zone and the current
captured appraised value (the increase in property value over the tax incre-
ment base.)
Step 3: Authorized User Name of Person Completing Form
For more information, visit our website: comptroller.texas.gov/economy/local/ch311/
50-806 • Rev.1-21/10