HomeMy WebLinkAboutFY 2019 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.)
STEP 1: Contact informition
City of Euless
Designating City or County
Janina Jewell Director of Finance
Contact Person
201 N. Ector Drive
Title
Current Mailing Address (number and street)
Euless Tarrant 76039
City County ZIP Code
817-685-1444 817-685-1459 jjewell@eulesstx.gov
Phone (area code and number) Fax Number Email Address
STEP '2: Tax Incrument Re*1r1V(%.trrPnLZ,0n0 information
1. TIF Reinvestment zone name: Tax Increment Reinvestment Zone #3
DO NOT USE ORDINANCE OR RESOLUTION NUMBERS FOR ZONE NAME
2. Report for fiscal year beginning 10/01 /2018 and ending 09/30/2019
3. Has the termination date of the TIRZ been modified? (If"No"skip to question 4. If "Yes", please provide ordinancy.) ❑ Yes €� ! No
a. Original Termination Date:
b. Modified Termination Date:
4. Size of the TIF reinvestment zone in acres: ........................
5. Has the size of the zone increased or decreased since creation?: ❑ Yes V1 No
6. If you answered "Yes" in question #4, please indicate which? ❑ Increased 1___l Decreased
7. Property types (select one only): El Residential W1 Commercial/IndustrialEl Both
265
8. Have one or more abatements been given to business(es) to locate in the TIRZ (if "No"then skip to question #10)?: 11 Yes V1 No
9. What are the individual account numbers assigned to each active abated property that is located in the TIRZ?
10. Types of improvement projects (check all that are in progress or have been completed):
Public Projects
Public Buildings and Facilities I ■ i Roadwork
1,11 Water/Sewer and Drainage ❑ Parks Other Infrastructure:
Other Projects
0 Facade Renovation
Il Transit
Parking I� Historical Preservation
I I Affordable Housing Economic Development
nOther:
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.11-19/9
Texas Comptroller of Public Accounts
11. TIF fund balance (end of year): $ 1,213,199
12. List of fund revenues:
Total tax increments received............................................................ :.............. -............ $ 1,266,741
Sales tax increments ......... $ 353,112
Loans.......................,........................................................................................ 5
Saleof bonds ...................................... ................................. .......................... $
Saleof property.............................................................................. $
Other........................................................
TOTAL ANNUAL REVENUES $ 2,833,052
13. List of fund expenditures:
Administrative.........................•••.............. . ..................................................... $ 1,130,268
Propertypurchased................................................................................................. $ —
Publicimprovements................................................................................................. $
Facaderenovations.................................................................,......................_........... $
Parking....................................................... ..................................................... $
Historicpreservation................................................................................................. $
Transit............................. ..........................................._..........................._...... $
Affordablehousing................................................................................................ $
Economic development programs................................................................................... $
Other................................................................... ....,.................................. $
TOTAL ANNUAL EXPENDITURES $ 1,130,268
14. Bonded indebtedness:
Principal due....................................................................._...................... $ 13,078,336
Interestdue ........................,................................................................................. $ 3,713,177
Fill out the three lines below if the TIRZ IS NOT divided into multiple subdivisions in the "lead taxing unit." If the zone has increased in size since it's creation and is
divided into multiple subdivisions: (a) identify the name of each subdivision/section and (b) identify the TIRZ values, tax increment base and captured appraised value
within that zone's subdivision.DO NOT INCLUDE numbers from "participating taxing units"
15. Reinvestment zone values:
Tax increment base ...................................................... .. ........................ $ 19,758,821
Current captured appraised value ........ ............................................ $ 211, 585, 594
Tax increment reinvestment zone total (add above 2 lines together) ............. $ 231, 344,415
Name ofthe subdivision 1 (ifapplicable) ............................................................ Glade Parks
(Fill out section below only if TIRZ is divided into multiple subdivisions)
Taxincrement base................................................................................................... $
Current captured appraised value.................................................................................. $
Tax increment reinvestment zone total (add above 2 lines together) ...,........................... .................. $
Name of the subdivision 2 (if applicable)...........................................................................
For more information, visit our website: comptroller.texas.gov/economy/local/ch311/
50-806 • Rev.11-19/9i
Texas Comptroller of Public Accounts
Taxincrement base................................................................................................ $
Current captured appraised value.................................................................................. $
Tax increment reinvestment zone total (add above 2lines together) ........................................... $
Name ofthe subdivision 3 (if applicable)................................,_................................:.............
Taxincrement base................................................................................................... $
Current captured appraised value ................................................. :................. ................ $
Tax increment reinvestment zone total (add above 2 lines together) .................................................. S
Name of the subdivision 4 (if applicable)............................................................................
Total tax increment base of all subdivisions combined................................................:............. $ 231, 344,415
Total current captured appraised value of all subdivisions combined .....................................
$ 19,758,821
TOTALTIRZ values of all subdivisions combined......... $ 211, 585, 594
Comp1rfing Form
sign
here Director of Finance 03/31/2020
Auj>w6d Signature Title Date
Step 1: Contact information
Instructions This information provides the Comptroller information on the entity initiat-
ing the tax increment reinvestment zone and a contact person for the annual
State Law (Section Sec. 311.016, Tax Code) requires the governing body of a munici- report.
pality or county, on or before the 150th day following the end of its fiscal year, to Step 2: Tax Increment Reinvestment Zone Information
submit a report on the status of a reinvestment zone created by the municipality or Please include the reinvestment zone name listed in the ordinance or resolu-
county to the chief executive officer of each taxing unit that levies property taxes tion creating the zone, the size of the zone in acres, and the types of property
on real property in the zone. A copy of this annual report along with this form must in the zone. Indicate all improvement projects in progress or completed within
be submitted to the Texas Comptroller of Public Accounts at the address below: the zone. List the TIF fund balance at the end of the fiscal year, all revenues
Comptroller of Public Accounts received by the fund during the fiscal year, and all expenditures made by the
Data Analysis and Transparency Division fund during the fiscal year. List principal and interest due on bonded indebt-
Post Office Box 13528 edness, the tax increment base at the creation of the zone and the current
Austin, Texas 78711-3528 captured appraised value (the increase in property value over the tax incre-
ment base.)
For assistance or to request additional forms, call toll free, 1-800-531-5441 ext. Step 3: Signature of Person Completing Form
3-4679. You may also obtain additional forms at comptroller.texas.gov/economy/ The person signing the report should be the same person listed in Step 1 as
local/ch311/reporting.php. From a Telecommunication Device for the Deaf (TDD), the contact person.
call 1-800-248-4099 or 512-463-4621.
For more information, visit our website: comptroller.texas.gov/economy/local/ch311/
50-806 • Rev.11-19/9