Page 1 Welcome Copy of tax bill Copyright Colorado Property Rights CoalitionTEW Page 2 Original Arvada Urban Renewal Chart 19812006 Copyright Colorado Property Rights CoalitionTEW ID: 789750
Download The PPT/PDF document "TIF Presentation www.thecprc.org" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.
Slide1
TIF Presentation
www.thecprc.org Page 1
Welcome
Slide2Copy of tax bill
Copyright Colorado Property Rights Coalition/TEW Page
2
Slide3Original Arvada Urban Renewal Chart 1981-2006
Copyright Colorado Property Rights Coalition/TEW Page 3
Slide4Copyright Colorado Property Rights Coalition/TEW
Page 42013 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
Slide52013 Adams County TIF Districts
Copyright Colorado Property Rights Coalition/TEW Page 5
Slide6Copyright Colorado Property Rights Coalition/TEW
Page 62013 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
Slide72013 Arapahoe County TIF Districts
Copyright Colorado Property Rights Coalition/TEW Page 7
Slide8Copyright Colorado Property Rights Coalition/TEW
Page 82013 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
Slide9Copyright Colorado Property Rights Coalition/TEW
Page 92013 Broomfield County TIF Districts
Slide102013 Denver County TIF Districts
Copyright Colorado Property Rights Coalition/TEW Page 10
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
Slide11Copyright Colorado Property Rights Coalition/TEW
Page 112013 Denver County TIF Districts
Slide12Copyright Colorado Property Rights Coalition/TEW
Page 122013 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
Slide13Copyright Colorado Property Rights Coalition/TEW
Page 132013 Jefferson County TIF Districts
Slide145-County TIF Presentation Chart
Copyright Colorado Property Rights Coalition/TEW Page
14
Slide15Ralston Fields Urban Renewal Area
Tax Incremental Financing on Property TaxesCopyright Colorado Property Rights Coalition/TEW Page
15
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
Slide16CRS
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
Page
16
Approval of urban renewal plans by local governing body
.
Slide17Ralston Fields Urban Renewal Area
Tax Incremental Financing on Sales TaxesCopyright Colorado Property Rights Coalition/TEW Page 17
Name
Base
Total A/V
Sales Taxes Lost
2004
$ 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