tif presentation page 1 welcome

TIF Presentation

www.thecprc.org

Welcome

http://www.thecprc.org/

Copy of tax bill

Copyright Colorado Property Rights Coalition/TEW

Original Arvada Urban Renewal Chart 1981-2006


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19

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10000000

20000000

30000000

40000000

50000000

60000000

70000000

Tax Increment Value

Base Value

Year


2013 Adams County TIF Districts

URA Base Value Tax Increment Total Value

AURORA CSTP $ 238,950.00 $ 6,233,960.00 $ 6,472,910.00

AURORA FITZ $ 4,072,430.00 $ 2,676,770.00 $ 6,749,200.00

BRIGHTON $ 46,548,580.00 $ 14,585,210.00 $ 61,133,790.00

SOUTH BRIGHTON $ 777,460.00 $ 7,300.00 $ 784,760.00

COMM CITY $ - $ 2,819,050.00 $ 2,819,050.00

FED HEIGHTS $ 23,918,760.00 $ 16,734,280.00 $ 40,653,040.00

NURA ORIGINAL $ 2,715,840.00 $ 15,096,200.00 $ 17,812,040.00

NURA HURON CENTER $ 1,019,600.00 $ - $ 1,019,600.00

E 144TH AVE URA(THORN) $ - $ 1,348,050.00 $ 1,348,050.00

THORNTON $ 2,116,430.00 $ 26,702,050.00 $ 28,818,480.00

SOUTH THORNTON $ 86,925,450.00 $ 322,190.00 $ 87,247,640.00

WEDA ORIGINAL $ 15,466,150.00 $ 2,749,200.00 $ 18,215,350.00

WEDA SOUTH SHERIDAN $ 1,896,440.00 $ - $ 1,896,440.00

WEDA WEST CENTER $ 17,856,450.00 $ - $ 17,856,450.00

WEDA HOLLY PARK $ 375,450.00 $ 24,380.00 $ 399,830.00

WEDA NORTH HURON $ 2,633,950.00 $ 52,551,350.00 $ 55,185,300.00

Totals $ 206,561,940.00 $ 141,849,990.00 $ 348,411,930.00

2013 Adams County TIF Districts


AURORA CSTP

AURORA FIT

Z

BRIGHTON

SOUTH BRIG

HTON

COMM

CIT

Y

FED HEIG

HTS

NURA ORIG

INAL

NURA HURON C

ENTER

E 144

TH AVE U

RA(THORN)

THORNTON

SOUTH THORNTON

WEDA O

RIGIN

AL

WEDA S

OUTH SHERID

AN

WEDA W

EST CENTER

WEDA H

OLLY P

ARK

WEDA N

ORTH HURON

$-

$10,000,000.00

$20,000,000.00

$30,000,000.00

$40,000,000.00

$50,000,000.00

$60,000,000.00

$70,000,000.00

$80,000,000.00

$90,000,000.00

Tax Increment

Base Value


2013 Arapahoe County TIF Districts

URA Base Value Tax Increment Total Value

Aurora City Center $ 1,183,459.00 $ - $ 528,750.00

Buckingham URA #1 $ 4,623,826.00 $ 11,980,714.00 $ 16,604,540.00

Buckingham URA #2 $ 521,275.00 $ 235.00 $ 521,510.00

Centenial $ 17,717,872.00 $ 38,120,988.00 $ 55,838,860.00

Cherry Creek Corp. Ctr. Glendale $ 5,400,470.00 $ 4,581,470.00 $ 9,981,940.00

CitySet Glendale URA $ 5,698,885.00 $ 2,505,215.00 $ 8,204,100.00

Englewood Ironworks $ 2,733,966.00 $ - $ 2,316,930.00

Fitzsimmons $ 11,779,455.00 $ 8,994,205.00 $ 20,773,660.00

Glendale $ 26,174,348.00 $ 1,970,112.00 $ 28,144,460.00

Horizon Uptown $ 15,880.00 $ - $ 15,880.00

Riverwalk Glendale URA $ 6,769,660.00 $ - $ 6,769,660.00

Sheridan $ 5,848,377.00 $ 21,047,883.00 $ 26,896,260.00

Totals $ 88,467,473.00 $ 89,200,822.00 $ 176,596,550.00

2013 Arapahoe County TIF Districts


Auror

a City

Cen

ter

Buckin

gham

URA #

1

Buckin

gham

URA #

2

Cente

nial

Cherry

Cre

ek C

orp.

Ctr.

Glen

dale

CitySet

Glen

dale

URA

Englew

ood

Ironw

orks

Fitzsim

mon

s

Glenda

le

Horizo

n Upt

own

Riverw

alk G

lenda

le URA

Sherid

an

$-

$10,000,000.00

$20,000,000.00

$30,000,000.00

$40,000,000.00

$50,000,000.00

$60,000,000.00

Tax Increment

Base Value


2013 Broomfield County TIF Districts

URA Base Value Tax Increment Total A/V

Amended W. 120th $ 7,246,677.00 $ 28,729,363.00 $ 35,976,040.00

North Park $ 137,071.00 $ 41,439.00 $ 178,420.00

North Park West $ 473,018.00 $ 8,874,022.00 $ 9,347,040.00

Wadsworth Interchange $ 4,012,630.00 $ 18,133,570.00 $ 22,146,200.00

U.S. 36th $ 87,943,405.00 $ 509,965.00 $ 88,453,370.00

Orig. Broomfield $ 33,669,260.00 $ 1,663,920.00 $ 35,333,180.00

Lowell Gateway $ 2,946,750.00 $ 200,260.00 $ 3,147,010.00

Broomfield Plaza-Civic Ctr. $ 5,373,840.00 $ - $ 5,373,840.00

Total $ 141,802,651.00 $ 58,152,539.00 $ 199,955,100.00


2013 Broomfield County TIF Districts

Amen

ded

W. 1

20th

North

Par

k

North

Par

k W

est

Wad

swor

th In

terc

hang

e

U.S. 3

6th

Orig. B

room

field

Lowell

Gat

eway

Broom

field

Plaza-

Civic

Ctr.

$-

$10,000,000.00

$20,000,000.00

$30,000,000.00

$40,000,000.00

$50,000,000.00

$60,000,000.00

$70,000,000.00

$80,000,000.00

$90,000,000.00

Tax Increment

Base Value

2013 Denver County TIF Districts


Alameda Square $ 1,495,537.00 $ 2,567,203.00 $ 4,062,740.00 American National $ 4,865,517.00 $ 3,839,863.00 $ 8,705,380.00 Guaranty Bank $ 815,769.00 $ 1,472,111.00 $ 2,287,880.00 Downtown $ 66,833,529.00 $ 146,580,841.00 $ 213,414,370.00 California St. Parking Garage $ 543,304.00 $ 644,236.00 $ 1,187,540.00 Colorado Nat'l Bank Bldg. $ 1,616,580.00 $ 4,115,390.00 $ 5,731,970.00 Mercantile Square $ 4,047,343.00 $ 853,957.00 $ 4,901,300.00 Lowry $ - $ 146,545,130.00 $ 146,545,130.00 York Street $ - $ 4,142,910.00 $ 4,142,910.00 Pepsi Center $ 11,569,322.00 $ 41,525,068.00 $ 53,094,390.00 Highlands Garden $ 2,048,828.00 $ 9,948,442.00 $ 11,997,270.00 Stapleton $ 37,812,727.00 $ 374,345,193.00 $ 412,157,920.00 Point Urban $ - $ 958,530.00 $ 958,530.00 Northeast Park Hill $ 4,236,395.00 $ 3,398,865.00 $ 7,635,260.00 Executive Tower Hotel $ 2,367,896.00 $ 13,134,164.00 $ 15,501,790.00 City Park South $ 455,056.00 $ 17,548,574.00 $ 18,003,630.00 Cherokee $ 4,803,668.00 $ 6,310,522.00 $ 11,114,190.00 Lowenstein Theater $ - $ 2,583,170.00 $ 2,583,170.00 414 14th Street $ - $ 1,221,780.00 $ 1,221,780.00 Globeville Commercial $ 194,390.00 $ - $ 194,390.00 Ironworks Foundry $ 380,970.00 $ 488,530.00 $ 869,500.00 Marycrest $ - $ 1,130,260.00 $ 1,130,260.00 9th & Colorado $ - $ 2,672,100.00 $ 2,672,100.00 St. Anthony $ 2,740,630.00 $ - $ 2,445,950.00 2300 Welton Street $ 811,860.00 $ 10,230.00 $ 822,090.00

$ 172,464,979.00 $ 804,576,361.00 $ 976,746,390.00


2013 Denver County TIF Districts

South

Bro

adway

Wes

twoo

d

Alamed

a Squ

are

Amer

ican

Nation

al

Guara

nty

Bank

Downt

own

Califo

rnia

St. Par

king

Garag

e

Colora

do N

at'l B

ank

Bldg.

Mer

cant

ile S

quar

e

Lowry

York

Street

Pepsi

Cente

r

Highlan

ds G

arde

n

Staple

ton

Point U

rban

North

east

Par

k Hill

Execu

tive

Tower

Hot

el

City P

ark

South

Chero

kee

Lowen

stein

The

ater

414

14th

Stre

et

Globev

ille C

omm

ercia

l

Ironw

orks

Fou

ndry

Mar

ycre

st

9th

& Colo

rado

St. Ant

hony

2300

Welt

on S

treet

$-

$50,000,000.00

$100,000,000.00

$150,000,000.00

$200,000,000.00

$250,000,000.00

$300,000,000.00

$350,000,000.00

$400,000,000.00

$450,000,000.00

Increment Value

Base Value


2013 Jefferson County TIF Districts

Project Name Base Value Tax Increment Total Assessed Value

38th Ave. Corridor $ 327,483.00 $ 125,021.00 $ 452,504.00

Colfax/Wadsworth $ 2,725,086.00 $ 5,357,831.00 $ 8,082,971.00

Edgewater $ 19,068,979.00 $ 57,883.00 $ 19,126,862.00

Golden $ 17,919,572.00 $ 17,663,287.00 $ 35,582,859.00

Jefferson Center $ 712,011.00 $ 17,099,852.00 $ 17,811,863.00

Mandalay Gardens $ 643,231.00 $ 15,178,866.00 $ 15,822,097.00

Northwest Arvada $ 2,410,989.00 $ 9,475,866.00 $ 11,886,855.00

Ralston Fields $ 19,977,421.00 $ 11,425,201.00 $ 31,402,622.00

South Sheridan $ 3,786,853.00 $ 6,327,189.00 $ 10,114,042.00

W. Alameda Ave. 4911 $ 30,324,403.00 $ 13,968,461.00 $ 44,292,864.00

W. Alameda Ave. 4912 $ 9,228,666.00 $ 40,843,942.00 $ 50,072,608.00

W. Colfax Ave. 4913 $ 89,161,507.00 $ 4,230,449.00 $ 93,391,956.00

Westminster Center $ 20,254,859.00 $ 5,743,782.00 $ 25,998,641.00

Total $ 216,541,060.00 $ 147,497,630.00 $ 364,038,744.00


2013 Jefferson County TIF Districts

38th

Ave

. Cor

ridor

Colfax

/Wad

swor

th

Edgew

ater

Golden

Jeffe

rson

Cen

ter

Man

dalay

Gar

dens

North

west A

rvad

a

Ralsto

n Fiel

ds

South

She

ridan

W. A

lamed

a Ave

. 491

1

W. A

lamed

a Ave

. 491

2

W. C

olfax

Ave

. 491

3

Wes

tmins

ter C

ente

r $-

$10,000,000.00

$20,000,000.00

$30,000,000.00

$40,000,000.00

$50,000,000.00

$60,000,000.00

$70,000,000.00

$80,000,000.00

$90,000,000.00

$100,000,000.00

Tax Increment

Base Value

5-County TIF Presentation Chart


11%

7%

5%

65%

12%

5-County Metropolitan Area

AdamsArapahoeBroomfieldDenverJefferson

Ralston Fields Urban Renewal AreaTax Incremental Financing on Property Taxes


Year Base Value TIF Assessed Value

2003 $ 13,176,860.00 $ - $ 13,176,860.00

2004 $ 12,966,250.00 $ - $ 12,875,160.00

2005 $ 16,948,500.00 $ 2,421,740.00 $ 19,370,240.00

2006 $ 16,778,730.00 $ 6,899,310.00 $ 23,678,040.00

2007 $ 20,283,780.00 $ 9,429,340.00 $ 29,713,120.00

2008 $ 20,210,790.00 $ 9,694,390.00 $ 29,905,180.00

2009 $ 20,900,070.00 $ 10,027,330.00 $ 30,927,400.00

2010 $ 20,855,460.00 $ 9,266,690.00 $ 30,122,150.00

2011 $ 19,451,751.00 $ 8,642,372.00 $ 28,094,123.00

2012 $ 19,216,927.00 $ 8,494,951.00 $ 27,711,878.00

2013 $ 19,977,421.00 $ 11,425,201.00 $ 31,402,622.00

Total $ 76,301,324.00

CRS 31-25-107.

(III)

(e) In the event there is a general reassessment of taxable property valuations in any county including all or part of the urban renewal area subject to division of valuation for assessment under paragraph (a) of this subsection (9) or a change in the sales tax percentage levied in any municipality including all or part of the urban renewal area subject to division of sales taxes under paragraph (a) of this subsection (9), the portions of valuations for assessment or sales taxes under both subparagraphs (I) and (II) of said paragraph (a) shall be proportionately adjusted in accordance with such reassessment or change.

www.thecprc.org

Approval of urban renewal plans by local governing body.

http://www.thecprc.org/

Ralston Fields Urban Renewal AreaTax Incremental Financing on Sales Taxes


Name Base Total A/V Sales Taxes Lost2004 $ 2,412,650.00 $ 2,292,986.00 $ 119,664.00 2005 $ 2,412,650.00 $ 2,202,626.00 $ 210,024.00 2006 $ 2,412,650.00 $ 2,087,577.00 $ 325,073.00 2007 $ 2,412,650.00 $ 2,162,894.00 $ 249,756.00 2008 $ 2,412,650.00 $ 2,377,598.00 $ 35,052.00 2009 $ 2,412,650.00 $ 2,183,989.00 $ 228,661.00 2010 $ 2,412,650.00 $ 2,106,794.00 $ 305,856.00 2011 $ 2,412,650.00 $ 2,183,725.00 $ 228,925.00 2012 $ 2,412,650.00 $ 2,270,799.00 $ 141,851.00 Totals $ 21,713,850.00 $ 19,868,988.00 $ 1,844,862.00 Avg. Loss Per Year $ 204,984.67

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