HomeMy WebLinkAboutFY 2018 Glade Parks TIF Registry Form 50-806 Data Analysis and
Texas Comptroller of Public Accounts Transparency
Form 50-806
Tax Increment Finance (TIF) Registry
FOR COMPTROLLER USE ONLY
Annual Report by Municipality or County Log year
TIF ID#
Date rec'd
PLEASE PRINT OR TYPE,DO NOT WRITE IN SHADED AREAS. n Complete n Back-up Incomplete
Please fill out the complete form and attach other documentation(See Instructions on page 2.) No Back-up [ I No Form Submitted
STEP 1:Contact Information
City of Euless
Designating City or County
Janina Jewell Director of Finance
Contact Person Title
201 N Ector Drive
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 Increment Reinvestment Zone 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 10/01/2017 and ending 09/30/2018
3. Size of the TIF reinvestment zone in acres: 265
4. Has the size of the zone increased or decreased since creation?: n Yes n No
5. If you answered"Yes"in question#4, please indicate which? —1 Increased Decreased
6 Property types: Residential 1 Commercial/Industrial
7. Types of improvement projects(check all that are in progress or have been completed):
Public Projects
n P• ublic Buildings and Facilities ,/ Roadwork
nW• ater/Sewer and Drainage Parks Other Infrastructure:
Other Projects
nF• acade Renovation n Parking Historical Preservation
nTransit Affordable Housing Economic Development Other:
8. TIF fund balance. $ 701,821
9 List of fund revenues:
Total tax increments received $ 1,012,997
Sales tax increments $ 262,401
Loans $ 3,268,910
Sale of bonds $ 0
Sale of property $ 0
Other $ 0
TOTAL ANNUAL REVENUES $ 4,544,309
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•6-18/6
Data Analysis and
Texas Comptroller of Public Accounts Transparency
Form 50-806
10. List of fund expenditures:
Administrative $ 892,468
Property purchased $
Public improvements $
Facade renovations $
Parking $
Historic preservation $
Transit $
Affordable housing $
Economic development programs $
Other $
TOTAL ANNUAL EXPENDITURES $ 892,468
11. Bonded indebtedness:
Principal due $ 13,678,912
Interest due $ 4,240,651
Fill out the three lines below if the TIRZ IS NOT divided into multiple subdivisions.If the zone 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.
12. Reinvestment zone values:
Tax increment base $ 19'75$'$21
Current captured appraised value $ 170 5764 5881
Tax increment reinvestment zone total(add above 2 lines together) $ 190,523,702
Name of the subdivision 1 (if applicable) Glade Parks
(Fill out section below only if TIRZ is divided into multiple subdivisions)
Tax increment base $
Current captured appraised value $
Tax increment reinvestment zone total (add above 2 lines together) $
Name of the subdivision 2(if applicable)
Tax increment base $
Current captured appraised value $
Tax increment reinvestment zone total(add above 2 lines together) $
Name of the subdivision 3(if applicable)
For more information,visit our website:Comptroller.texas.gov/economy/local/ch311/ Page 2
50-806•6-18/6
Data Analysis and
Texas Comptroller of Public Accounts Transparency
Form 50-806
Tax increment base $
Current captured appraised value $
Tax increment reinvestment zone total(add above 2 lines together) $
Name of the subdivision 4(if applicable)
TOTALTIRZ values of all subdivisions combined $ 190,523,702
Total tax increment base of all subdivisions combined $ 19,758,821
Total current captured appraised value of all subdivisions combined $ 170 764 881
STEP 3:Signature of Person Completing Form
sign &
Janina Jewell °ma=ewaei�eess:::a Jewell Director of Finance 1/25/2019
here Date:2019.01.2513:56:05-06'90'
Authorized Signature Title Date
Instructions
State Law (Section Sec. 311.016, Tax Code) requires the governing body Step 1: Contact information
of a municipality or county, on or before the 150th day following the end This information provides the Comptroller information on the entity initi-
of its fiscal year, to submit a report on the status of a reinvestment zone ating the tax increment reinvestment zone and a contact person for the
created by the municipality or county to the chief executive officer of each annual report.
taxing unit that levies property taxes on real property in the zone. A copy
of this annual report along with this form must be submitted to the Texas Step 2:Tax Increment Reinvestment Zone Information
Comptroller of Public Accounts at the address below: Please include the reinvestment zone name listed in the ordinance or
resolution creating the zone,the size of the zone in acres, and the types
Comptroller of Public Accounts of property in the zone. Indicate all improvement projects in progress or
Economic Development&Analysis Division completed within the zone. List the TIF fund balance at the end of the fis-
Post Office Box 13528 cal year, all revenues received by the fund during the fiscal year, and all
Austin,Texas 78711-3528 expenditures made by the fund during the fiscal year. List principal and
interest due on bonded indebtedness,the tax increment base at the cre-
For assistance or to request additional forms,call toll free, 1-800-531-5441 ation of the zone and the current captured appraised value (the increase
ext.3-4679.You may also obtain additional forms at comptroller.texas.gov/ in property value over the tax increment base.)
economy/local/ch311/reporting.php. From a Telecommunication Device for
the Deaf(TDD),call 1-800-248-4099 or 512-463-4621. Step 3: Signature of Person Completing Form
The person signing the report should be the same person listed in Step 1
as the contact person.
For more information,visit our website:comptroller.texas.gov/economy/local/ch311/ Page 3
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