Joint Review Board

AGENDA CITY OF WAUPUN JOINT REVIEW BOARD CITY HALL COUNCIL CHAMBERS Tuesday, June 11, 2024 at 1:00 PM The Joint Review Board will meet in-person, virtual, and teleconference. Instructions to join the meeting is provided below: Join Virtual Meeting: https://us02web.zoom.us/j/86330937777?pwd=aG1Ob0VycUtOT1FsQUQ1aVBuUjZUUT09 Join Teleconference: 1-312-626-6799 Meeting ID: 863 3093 7777 Passcode: 847554 CALL TO ORDER ROLL CALL RECOGNITION OF MAYORAL APPOINTED PUBLIC MEMBER 1. 2024 Joint Review Board Membership NOMINATION AND ELECTION OF CHAIRPERSON PRIOR MEETING MINUTES 2. June 15, 2023 Joint Review Board Minutes of Meeting PERFORMANCE OF TAX INCREMENTAL DISTRICTS 3. 2024 TID Annual Meeting Presentation PE-300 TID ANNUAL REPORTS 4. TID Reports: TID 3, 5, 6, 7, 8, 9 ADJOURNMENT Upon reasonable notice, efforts will be made to accommodate disabled individuals through appropriate aids and services. For additional information, contact the City Clerk at 920-324-7915.  JOINT REVIEW BOARD The Joint Review Board consists of one representative from the school district, technical college, county, municipality, and public. When creating a multijurisdictional TID, each participating municipality may appoint one representative. The Chair is chosen by a vote of the members at the first JRB meeting. REPRESENTATIVE DESIGNEE Steve Hill Carrie Hintze WAUPUN AREA SCHOOL DISTRICT District Administrator Director of Business Services MORAINE PARK TECHNICAL Bonnie Baerwald Carrie Kasubaski COLLEGE President VP Finance/Administration David Frohling Andrew Johnson DODGE COUNTY County Board Supervisor County Board Vice Chairman Sam Kaufman Erin Gerred FOND DU LAC COUNTY County Executive Director of Administration City of Waupun Mayor MUNICIPALITY Rohn Bishop APPOINTED PUBLIC MEMBER Daniel Siebers  MINUTES CITY OF WAUPUN JOINT REVIEW BOARD ANNUAL MEETING City Hall Council Chambers 201 E Main Street, Waupun Wednesday, June 15, 2023 at 2:00 PM CLERK CALLS THE MEETING TO ORDER City Clerk/Treasurer Hull called the meeting to order at 2:00pm. CLERK TAKES ROLL CALL In-Person Members: Bishop, Siebers, Boelk Virtual Members: Gerred, Hintze, Kasubaski In-Person Staff: Clerk/Treasurer Hull, Administrator Schlieve, Finance Director Langenfeld JOINT REVIEW BOARD MEMBERSHIP- RECOGNITION OF MAYORAL APPOINTED PUBLIC MEMBER 1. 2023-2024 City of Waupun Joint Review Board Membership The Board acknowledges Daniel Siebers as the Public Member of the Board. Other Board seats and their representatives: Waupun School District – Director of Business Carrie Hintze Technical College – VP Finance/Administration Carrie Kasubaski Dodge County –County Board Vice Chairman Robert Boelk Fond Du Lac County – Director of Administration Erin Gerred Municipal – City of Waupun Mayor Rohn Bishop NOMINATION AND ELECTION OF JOINT REVIEW BOARD CHAIRPERSON Hull calls for nominations for Board Chairperson. Motion Boelk, second Gerred to nominate Bishop. No other nominations are heard. Nominations close. Motion Boelk, second Gerred to appoint Bishop as the 2023 Joint Review Board Chairperson. Motion Carried 6-0. JOINT REVIEW BOARD PRIOR MEETING MINUTES Joint Review Board Meeting Minutes - Annual Meeting on June 15, 2022 Motion Hintze, second Gerred to approve the June 15, 2022 annual meeting minutes of the Joint Review Board. Motion carried 6-0. Joint Review Board Meeting Minutes - Creation of TID 9 on September 28, 2022 Motion Boelk, second Hintze to approve the September 28, 2022 meeting minutes of the Joint Review Board. Motion carried 6-0. PERFORMANCE OF TAX INCREMENTAL DISTRICTS Overview, Financial Reports, and Notes: TID 8 (Fond Du Lac County) Created 2018 as mixed-use area. TID expenditure period ends 2034 with closure in 2039. This TID lies on the west side in Fond Du Lac County. Improvements consist of significant progress on developer-led housing development on Tanager Street. Future projects provide additional housing potential, additional storm water expenditures, and developer incentives/buyout. 2022 beginning fund balance provides ($297,562), revenues of $499,621, expenses of $148,337, and year-end fund balance of $53,722. Estimates for future projects, prior to closure of the TID, provides revenue of $2,042,992, expenses of $2,131,173, and a surplus of $0. Overview, Financial Reports, and Notes: TID 3 (Fond Du Lac and Dodge County) Created 2005 as mixed use/blighted area which was amended in 2012 to extend boundaries. TID expenditure period ends 2027 with closure in 2032. This TID lies in our downtown central business district in both Dodge and Fond Du Lac Counties and shares with TID 6. Future projects provide CDA business relief grants, streetscaping, and targeted reinvestments. 2022 beginning fund balance provides ($351,699), revenues of $621,217, expenses of $190,145 and year-end fund balance of $79,373. Estimates for future projects, prior to closure of the TID, provides revenue of $2,129,000, expenses of $2,047,463, and a surplus of $160,910. Overview, Financial Reports, and Notes: TID 6 (Fond Du Lac and Dodge County) Created 2012 as mixed use/blighted area and amended in 2012 and 2020. TID expenditure period ends 2034 with closure in 2039. This TID lies on the west side of the City in both Fond du Lac and Dodge County and shares with TID 3. Future projects provide public infrastructure and redevelopment of McKinley Street and 1005 W. Main Street. 2022 beginning fund balance provides ($352,013), revenues of $141,653, expenses of $172,610, and year-end balance of $($382,970). Estimates for future projects, prior to closure of the TID, provides revenue of $2,231,325, expenses of $2,543,000, and a surplus of $0. Overview, Financial Reports, and Notes: TID 5 ( Dodge County) Created 2008 as mixed use and amended in 2012 and extended in 2018. TID expenditure period ends 2023 with closure in 2034. This TID lies on the east side in Dodge County for commercial development. There are no future planned projects. 2022 beginning fund balance provides ($1,792,873), revenues of $431,547, expenses of $385,630, and year-end fund balance of $($1,746,956). Projected revenues, prior to closure of the TID, provides $5,022,000, expenses of $3,338,365, and a surplus of $0. Overview, Financial Reports, and Notes: TID 7 ( Dodge County) Created 2017 as mixed use. TID expenditure period ends 2033 with closure in 2038. This TID lies on the east side in Dodge County for commercial development. Future projects provide for multi-family, truck-friendly commercial projects with the possible extension of Shaler Drive and the extension of Bayberry and stormwater infrastructure. 2022 beginning fund balance provides ($224,195), revenues of $113,838, expenses of $133,118, and year-end fund balance of ($243,474). Estimates for future projects, prior to TID closure, provides revenue of $3,259,775, expenses of $3,789,858, and a surplus of $286,609. Overview, Financial Reports, and Notes: TID 9 ( Dodge County) Created 2022 as mixed use. TID expenditure period ends 2037 with closure in 2043. This TID lies on the south side in Dodge County for commercial development. Future projects provide for industrial and residential development (Claggett subdivision) and possible extension of Shaler Drive. 2022 beginning fund balance provides $0, revenues of $0, expenses of $902,368, and year-end fund balance of ($902,368). Projected revenues, prior to closure of the TID, Provides $10,426,740, expenses of $9,215,784, and a surplus of $308,588. ACCEPTANCE OF THE PE-300 TID ANNUAL REPORTS Motion Boelk, second Siebers to accept the 2022 PE-300 TID Annual Reports. Motion carried 6-0. ADJOURNMENT Motion Boelk, second Hintze duly called the meeting adjourned at 2:21pm. Motion carried 6-0. JRB Annual Meeting TID 3, 5, 6, 7, 8 and 9 June 11, 2024  AGENDA AGENDA SEQUENCE 1. TID Overview 1. Fond du Lac County a. TID 8 2. TID Financial Report 2. Dodge & Fond du Lac County 3. TID Notes a. TID 3 b. TID 6 3. Dodge County a. TID 5 b. TID 7 c. TID 9  TID 8: OVERVIEW • West Side – Fond du Lac County • Created 2018 – Mixed Use • Expenditure Period Ends in 2034 • Closure in 2039  TID 8: Financial Data Notes Fond du Lac • New TID laws passed in 2023, Base Value $ 4,816,700 Incremental Value 10,307,500 Personal Property in the amount of $231,200 was removed from Beginning of Year Fund Balance $ 53,722 the base value of the TID. Revenues $ 585,481 Expenses $ 595,604 • Expenditures Year-End Fund Balance $ 43,599 – Developer Incentive for Tanager St Housing Development Projected Revenues $ 2,775,371 Projected Costs $ 2,702,805 • Future Expenditures Surplus $ 116,165 – Additional Housing potential – Stormwater  TID 3 OVERVIEW • Downtown Business District – Fond du Lac and Dodge Counties • Created 2005 – Mixed Use – Blighted – Amended 2012 (2nd) • Expenditure Period Ends in 2027 • Closure in 2032 • Project plan allows for TID 6 to share increment with TID 3  TID 3: Financial Data Notes Base Value Dodge Fond du Lac $ 7,038,800 $ 10,263,700 • Community Development Incremental Value 3,784,000 5,990,400 Authority Beginning of Year Fund Balance $ 79,374 – Facade improvement grants Revenues $ 303,157 – Targeted Reinvestment (brewery) Expenses $ 242,605 – Streetscaping (Vibrant Spaces Grant Year-End Fund Balance $ 139,926 – Food Truck Alley) Projected Revenues $ 3,257,474 • Future Planned Projects Projected Costs $ 2,925,697 Surplus $ 471,703 – CDA grants – Back Alleyway Improvements – Streetscaping/Beautification  TID 6: OVERVIEW • West Side – Fond du Lac and Dodge Counties • Created 2012 – Mixed Use – Blighted – Amended 2012, 2020 • Expenditure Period Ends in 2034 • Close in 2039 • Project plans allows for TID 6 to share increment with TID 3  TID 6: Financial Data Notes Dodge Fond du Lac • Expenditures Base Value $ 5,279,100 $ 9,154,600 Incremental Value 6,419,300 (86,000) – Debt service contributions related to Aquatic Facility Beginning of Year Fund Balance $ (382,971) Revenues $ 107,034 • Future Planned Projects Expenses $ _ 68,062 – Public Infrastructure Year-End Fund Balance $ (343,999) – Share with TID 3 Projected Revenues $ 2,099,466 Projected Costs $ 1,675,662 Surplus $ 79,805  TID 5: OVERVIEW • East Side Commercial – Dodge County • Created 2008 – Mixed Use – Amended 2012 – Extension 2018 • Expenditure Period Ends in 2023 • Closure in 2034  TID 5: Financial Data Notes Dodge • Expenditures Base Value $ 1,950,300 – Debt payments Incremental Value 24,796,900 Beginning of Year Fund Balance $ (1,746,956) Revenues $ 436,787 • No Future Planned Projects Expenses $ 381,213 Year-End Fund Balance $ (1,691,383) Projected Revenues $ 5,356,872 Projected Costs $ 3,665,488 Surplus $ 0  TID 7: OVERVIEW • East Side Commercial – Dodge County • Created 2017 – Mixed Use – 20 years (2038) • Expenditure Period Ends in 2033 • Closure in 2038  TID 7: Financial Data Dodge Notes Base Value $ 22,100 Incremental Value 3,372,500 • Completed Projects – Extension of Bayberry and Beginning of Year Fund Balance $ (243,474) stormwater infrastructure supports Revenues $ 258,421 further commercial development Expenses $ 133,301 Year-End Fund Balance $ (118,354) • Future Projects – Eric Mulder Construction (under Projected Revenues $ 1,484,614 construction) Projected Costs $ 2,339,530 – Truck Wash (anticipate 2024/2025) Surplus $ (973,270) – Multi-family (Active RFP) – Other Commercial  TID 9: OVERVIEW • South Side Commercial – Dodge County • Created 2022 – Mixed Use – 20 years • Expenditure Period Ends in 2037 • Closure in 2043  TID 9: Financial Data Dodge Notes Base Value $ 2,218,600 Incremental Value 1,519,700 • Project Expenditures – Bayberry Dr and Stormwater Beginning of Year Fund Balance $ (902,368) Extension Revenues $ 2,542,391 – Wilson and Shaler Drive Extension / Expenses $ 2,175,065 Industrial Park Entrance Added Year-End Fund Balance $ (535,042) • Future Projects Projected Revenues $ 11,497,307 Projected Costs $ 10,906,865 – Claggett subdivision residential Surplus $ 55,400 development – Shaler Drive Extension – Industrial Development  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 1 – Municipality and TID Co-muni code Municipality County Due date Report type 14292 WAUPUN DODGE 07/01/2024 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 003 2 TID No 3 05/31/2005 05/31/2032 N/A Section 2 – Beginning Balance Amount TID fund balance at beginning of year $79,374 Section 3 – Revenue Amount Tax increment $138,597 Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID Developer guarantees Developer name WHISPERING OAKS $9,762 Transfer from other funds Grants Source WEDC CDI $134,200 Other revenue Source EXEMPT COMPUTER & PP AID $20,598 Total Revenue (deposits) $303,157 Page 1 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 4 – Expenditures Amount Capital expenditures $180,615 Administration $24,921 Professional services $4,024 Interest and fiscal charges $12,895 DOR fees $150 Discount on long-term debt Debt issuance costs Principal on long-term debt $20,000 Environmental costs Real property assembly costs Allocation to another TID Developer grants Developer name N/A $0 Transfer to other funds Other expenditures Total Expenditures $242,605 Section 5 – Ending Balance Amount TID fund balance at end of year $139,926 Future costs $2,925,697 Future revenue $3,257,474 Surplus or deficit $471,703 Page 2 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 6 – TID New Construction Current Year TID New Construction Values TID New Construction TID New Construction Prior Year TID Net New Construction TID Increase Decrease Correction (NNC) 003 $323,800 $0 $0 $323,800 005 $3,454,500 $0 $0 $3,454,500 006 $698,200 $0 $0 $698,200 007 $173,200 $0 $0 $173,200 008 $1,575,800 $0 $0 $1,575,800 009 $1,419,300 $0 $0 $1,419,300 Total $7,644,800 $0 $0 $7,644,800 Current Year Allowable Levy Increase Attributable to TID NNC TID Net New Prior Year Municipal TID Net New Prior Year Adjusted Allowable Levy Increase Attributable TID Construction Equalized Value Construction % Actual Levy to TID Net New Construction 003 $323,800 $608,001,600 0.05 $2,686,573 $1,343 005 $3,454,500 $608,001,600 0.57 $2,686,573 $15,313 006 $698,200 $608,001,600 0.11 $2,686,573 $2,955 007 $173,200 $608,001,600 0.03 $2,686,573 $806 008 $1,575,800 $608,001,600 0.26 $2,686,573 $6,985 009 $1,419,300 $608,001,600 0.23 $2,686,573 $6,179 Total $7,644,800 $608,001,600 1.25 $2,686,573 $33,582 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $33,582 $0.33582 Page 3 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 7 – Preparer/Contact Information Preparer name Preparer title ANGELA J HULL Clerk Preparer email Preparer phone angie@cityofwaupun.org (920) 324-7915 Contact name Contact title CASSANDRA E LANGENFELD FINANCE DIRECTOR Contact email Contact phone finance@cityofwaupun.org (920) 324-7850 Submission Information Co-muni code 14292 TID number 003 Submission date 05-22-2024 01:51 PM Confirmation TIDAR20230440O1715970097413 Submission type ORIGINAL Page 4 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 1 – Municipality and TID Co-muni code Municipality County Due date Report type 14292 WAUPUN DODGE 07/01/2024 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 005 6 TID 5 09/16/2008 09/16/2034 N/A Section 2 – Beginning Balance Amount TID fund balance at beginning of year $-1,746,956 Section 3 – Revenue Amount Tax increment $399,554 Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID Developer guarantees Developer name MARSHVIEW HOSPITALITY $7,153 Developer name SUMMIT CREDIT UNION $24,735 Transfer from other funds Grants Other revenue Source EXEMPT COMPUTER & PP AID $5,345 Total Revenue (deposits) $436,787 Page 1 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 4 – Expenditures Amount Capital expenditures Administration Professional services $2,014 Interest and fiscal charges $52,025 DOR fees $150 Discount on long-term debt Debt issuance costs Principal on long-term debt $327,025 Environmental costs Real property assembly costs Allocation to another TID Developer grants Developer name N/A $0 Transfer to other funds Other expenditures Total Expenditures $381,214 Section 5 – Ending Balance Amount TID fund balance at end of year $-1,691,383 Future costs $3,665,489 Future revenue $5,356,872 Surplus or deficit $0 Page 2 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 6 – TID New Construction Current Year TID New Construction Values TID New Construction TID New Construction Prior Year TID Net New Construction TID Increase Decrease Correction (NNC) 003 $323,800 $0 $0 $323,800 005 $3,454,500 $0 $0 $3,454,500 006 $698,200 $0 $0 $698,200 007 $173,200 $0 $0 $173,200 008 $1,575,800 $0 $0 $1,575,800 009 $1,419,300 $0 $0 $1,419,300 Total $7,644,800 $0 $0 $7,644,800 Current Year Allowable Levy Increase Attributable to TID NNC TID Net New Prior Year Municipal TID Net New Prior Year Adjusted Allowable Levy Increase Attributable TID Construction Equalized Value Construction % Actual Levy to TID Net New Construction 003 $323,800 $608,001,600 0.05 $2,686,573 $1,343 005 $3,454,500 $608,001,600 0.57 $2,686,573 $15,313 006 $698,200 $608,001,600 0.11 $2,686,573 $2,955 007 $173,200 $608,001,600 0.03 $2,686,573 $806 008 $1,575,800 $608,001,600 0.26 $2,686,573 $6,985 009 $1,419,300 $608,001,600 0.23 $2,686,573 $6,179 Total $7,644,800 $608,001,600 1.25 $2,686,573 $33,582 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $33,582 $0.33582 Page 3 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 7 – Preparer/Contact Information Preparer name Preparer title ANGELA J HULL Clerk Preparer email Preparer phone angie@cityofwaupun.org (920) 324-7915 Contact name Contact title CASSANDRA E LANGENFELD FINANCE DIRECTOR Contact email Contact phone finance@cityofwaupun.org (920) 324-7850 Submission Information Co-muni code 14292 TID number 005 Submission date 05-22-2024 02:38 PM Confirmation TIDAR20230440O1715972700266 Submission type ORIGINAL Page 4 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 1 – Municipality and TID Co-muni code Municipality County Due date Report type 14292 WAUPUN DODGE 07/01/2024 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 006 2 TID 6 08/21/2012 08/21/2039 N/A Section 2 – Beginning Balance Amount TID fund balance at beginning of year $-382,971 Section 3 – Revenue Amount Tax increment $98,546 Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID Developer guarantees Transfer from other funds Grants Other revenue Source EXEMPT COMPUTER & PP AID $8,488 Total Revenue (deposits) $107,034 Page 1 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 4 – Expenditures Amount Capital expenditures $53,000 Administration $12,899 Professional services $2,013 Interest and fiscal charges DOR fees $150 Discount on long-term debt Debt issuance costs Principal on long-term debt Environmental costs Real property assembly costs Allocation to another TID Developer grants Developer name N/A $0 Transfer to other funds Other expenditures Total Expenditures $68,062 Section 5 – Ending Balance Amount TID fund balance at end of year $-343,999 Future costs $1,675,662 Future revenue $2,099,466 Surplus or deficit $79,805 Page 2 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 6 – TID New Construction Current Year TID New Construction Values TID New Construction TID New Construction Prior Year TID Net New Construction TID Increase Decrease Correction (NNC) 003 $323,800 $0 $0 $323,800 005 $3,454,500 $0 $0 $3,454,500 006 $698,200 $0 $0 $698,200 007 $173,200 $0 $0 $173,200 008 $1,575,800 $0 $0 $1,575,800 009 $1,419,300 $0 $0 $1,419,300 Total $7,644,800 $0 $0 $7,644,800 Current Year Allowable Levy Increase Attributable to TID NNC TID Net New Prior Year Municipal TID Net New Prior Year Adjusted Allowable Levy Increase Attributable TID Construction Equalized Value Construction % Actual Levy to TID Net New Construction 003 $323,800 $608,001,600 0.05 $2,686,573 $1,343 005 $3,454,500 $608,001,600 0.57 $2,686,573 $15,313 006 $698,200 $608,001,600 0.11 $2,686,573 $2,955 007 $173,200 $608,001,600 0.03 $2,686,573 $806 008 $1,575,800 $608,001,600 0.26 $2,686,573 $6,985 009 $1,419,300 $608,001,600 0.23 $2,686,573 $6,179 Total $7,644,800 $608,001,600 1.25 $2,686,573 $33,582 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $33,582 $0.33582 Page 3 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 7 – Preparer/Contact Information Preparer name Preparer title ANGELA J HULL Clerk Preparer email Preparer phone angie@cityofwaupun.org (920) 324-7915 Contact name Contact title CASSANDRA E LANGENFELD FINANCE DIRECTOR Contact email Contact phone finance@cityofwaupun.org (920) 324-7850 Submission Information Co-muni code 14292 TID number 006 Submission date 05-22-2024 01:52 PM Confirmation TIDAR20230440O1715972886813 Submission type ORIGINAL Page 4 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 1 – Municipality and TID Co-muni code Municipality County Due date Report type 14292 WAUPUN DODGE 07/01/2024 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 007 6 TID No 7 03/14/2017 03/14/2038 N/A Section 2 – Beginning Balance Amount TID fund balance at beginning of year $-243,474 Section 3 – Revenue Amount Tax increment $49,949 Investment income Debt proceeds Special assessments Shared revenue Sale of property $208,472 Allocation from another TID Developer guarantees Transfer from other funds Grants Other revenue Total Revenue (deposits) $258,421 Page 1 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 4 – Expenditures Amount Capital expenditures Administration Professional services $2,013 Interest and fiscal charges $56,138 DOR fees $150 Discount on long-term debt Debt issuance costs Principal on long-term debt $75,000 Environmental costs Real property assembly costs Allocation to another TID Developer grants Developer name N/A $0 Transfer to other funds Other expenditures Total Expenditures $133,301 Section 5 – Ending Balance Amount TID fund balance at end of year $-118,354 Future costs $2,339,530 Future revenue $1,484,614 Surplus or deficit $-973,270 Page 2 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 6 – TID New Construction Current Year TID New Construction Values TID New Construction TID New Construction Prior Year TID Net New Construction TID Increase Decrease Correction (NNC) 003 $323,800 $0 $0 $323,800 005 $3,454,500 $0 $0 $3,454,500 006 $698,200 $0 $0 $698,200 007 $173,200 $0 $0 $173,200 008 $1,575,800 $0 $0 $1,575,800 009 $1,419,300 $0 $0 $1,419,300 Total $7,644,800 $0 $0 $7,644,800 Current Year Allowable Levy Increase Attributable to TID NNC TID Net New Prior Year Municipal TID Net New Prior Year Adjusted Allowable Levy Increase Attributable TID Construction Equalized Value Construction % Actual Levy to TID Net New Construction 003 $323,800 $608,001,600 0.05 $2,686,573 $1,343 005 $3,454,500 $608,001,600 0.57 $2,686,573 $15,313 006 $698,200 $608,001,600 0.11 $2,686,573 $2,955 007 $173,200 $608,001,600 0.03 $2,686,573 $806 008 $1,575,800 $608,001,600 0.26 $2,686,573 $6,985 009 $1,419,300 $608,001,600 0.23 $2,686,573 $6,179 Total $7,644,800 $608,001,600 1.25 $2,686,573 $33,582 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $33,582 $0.33582 Page 3 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 7 – Preparer/Contact Information Preparer name Preparer title ANGELA J HULL Clerk Preparer email Preparer phone angie@cityofwaupun.org (920) 324-7915 Contact name Contact title CASSANDRA E LANGENFELD FINANCE DIRECTOR Contact email Contact phone finance@cityofwaupun.org (920) 324-7850 Submission Information Co-muni code 14292 TID number 007 Submission date 05-22-2024 01:50 PM Confirmation TIDAR20230440O1715973078322 Submission type ORIGINAL Page 4 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 1 – Municipality and TID Co-muni code Municipality County Due date Report type 20292 WAUPUN FOND DU LAC 07/01/2024 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 008 6 TID 8 02/13/2018 02/13/2039 N/A Section 2 – Beginning Balance Amount TID fund balance at beginning of year $53,722 Section 3 – Revenue Amount Tax increment $138,370 Investment income Debt proceeds $447,111 Special assessments Shared revenue Sale of property Allocation from another TID Developer guarantees Transfer from other funds Grants Other revenue Total Revenue (deposits) $585,481 Page 1 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 4 – Expenditures Amount Capital expenditures Administration Professional services $763 Interest and fiscal charges $15,171 DOR fees $150 Discount on long-term debt Debt issuance costs Principal on long-term debt Environmental costs Real property assembly costs Allocation to another TID Developer grants Developer name ACS RBHS LLC & Horicon Bank $579,520 Transfer to other funds Other expenditures Total Expenditures $595,604 Section 5 – Ending Balance Amount TID fund balance at end of year $43,599 Future costs $2,702,805 Future revenue $2,775,371 Surplus or deficit $116,165 Page 2 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 6 – TID New Construction Current Year TID New Construction Values TID New Construction TID New Construction Prior Year TID Net New Construction TID Increase Decrease Correction (NNC) 003 $323,800 $0 $0 $323,800 005 $3,454,500 $0 $0 $3,454,500 006 $698,200 $0 $0 $698,200 007 $173,200 $0 $0 $173,200 008 $1,575,800 $0 $0 $1,575,800 009 $1,419,300 $0 $0 $1,419,300 Total $7,644,800 $0 $0 $7,644,800 Current Year Allowable Levy Increase Attributable to TID NNC TID Net New Prior Year Municipal TID Net New Prior Year Adjusted Allowable Levy Increase Attributable TID Construction Equalized Value Construction % Actual Levy to TID Net New Construction 003 $323,800 $608,001,600 0.05 $2,686,573 $1,343 005 $3,454,500 $608,001,600 0.57 $2,686,573 $15,313 006 $698,200 $608,001,600 0.11 $2,686,573 $2,955 007 $173,200 $608,001,600 0.03 $2,686,573 $806 008 $1,575,800 $608,001,600 0.26 $2,686,573 $6,985 009 $1,419,300 $608,001,600 0.23 $2,686,573 $6,179 Total $7,644,800 $608,001,600 1.25 $2,686,573 $33,582 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $33,582 $0.33582 Page 3 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 7 – Preparer/Contact Information Preparer name Preparer title ANGELA J HULL Clerk Preparer email Preparer phone angie@cityofwaupun.org (920) 324-7915 Contact name Contact title CASSANDRA E LANGENFELD FINANCE DIRECTOR Contact email Contact phone finance@cityofwaupun.org (920) 324-7850 Submission Information Co-muni code 20292 TID number 008 Submission date 05-22-2024 02:19 PM Confirmation TIDAR20230576O1715973843079 Submission type ORIGINAL Page 4 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 1 – Municipality and TID Co-muni code Municipality County Due date Report type 14292 WAUPUN DODGE 07/01/2024 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 009 6 TID 9 09/13/2022 09/13/2042 N/A Section 2 – Beginning Balance Amount TID fund balance at beginning of year $-902,368 Section 3 – Revenue Amount Tax increment $0 Investment income $36,158 Debt proceeds $2,345,000 Special assessments Shared revenue Sale of property Allocation from another TID Developer guarantees Transfer from other funds Grants Other revenue Source Bond Premium $161,233 Total Revenue (deposits) $2,542,391 Page 1 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 4 – Expenditures Amount Capital expenditures $2,007,474 Administration $15,214 Professional services $2,222 Interest and fiscal charges $150,080 DOR fees $75 Discount on long-term debt Debt issuance costs Principal on long-term debt Environmental costs Real property assembly costs Allocation to another TID Developer grants Developer name N/A $0 Transfer to other funds Other expenditures Total Expenditures $2,175,065 Section 5 – Ending Balance Amount TID fund balance at end of year $-535,042 Future costs $10,906,865 Future revenue $11,497,307 Surplus or deficit $55,400 Page 2 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 6 – TID New Construction Current Year TID New Construction Values TID New Construction TID New Construction Prior Year TID Net New Construction TID Increase Decrease Correction (NNC) 003 $323,800 $0 $0 $323,800 005 $3,454,500 $0 $0 $3,454,500 006 $698,200 $0 $0 $698,200 007 $173,200 $0 $0 $173,200 008 $1,575,800 $0 $0 $1,575,800 009 $1,419,300 $0 $0 $1,419,300 Total $7,644,800 $0 $0 $7,644,800 Current Year Allowable Levy Increase Attributable to TID NNC TID Net New Prior Year Municipal TID Net New Prior Year Adjusted Allowable Levy Increase Attributable TID Construction Equalized Value Construction % Actual Levy to TID Net New Construction 003 $323,800 $608,001,600 0.05 $2,686,573 $1,343 005 $3,454,500 $608,001,600 0.57 $2,686,573 $15,313 006 $698,200 $608,001,600 0.11 $2,686,573 $2,955 007 $173,200 $608,001,600 0.03 $2,686,573 $806 008 $1,575,800 $608,001,600 0.26 $2,686,573 $6,985 009 $1,419,300 $608,001,600 0.23 $2,686,573 $6,179 Total $7,644,800 $608,001,600 1.25 $2,686,573 $33,582 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $33,582 $0.33582 Page 3 of 4  Form PE-300 TID Annual Report 2023 WI Dept of Revenue Section 7 – Preparer/Contact Information Preparer name Preparer title ANGELA J HULL Clerk Preparer email Preparer phone angie@cityofwaupun.org (920) 324-7915 Contact name Contact title CASSANDRA E LANGENFELD FINANCE DIRECTOR Contact email Contact phone finance@cityofwaupun.org (920) 324-7850 Submission Information Co-muni code 14292 TID number 009 Submission date 05-22-2024 01:53 PM Confirmation TIDAR20230440O1715973643521 Submission type ORIGINAL Page 4 of 4