CCR2021084-TIDdistribution
COMMON COUNCIL - CITY OF MUSKEGO
RESOLUTION #084-2021
AUTHORIZE FINAL DISTRIBUTION OF
TAX INCREMENTAL DISTRICTS #8 AND #9 FUNDS
WHEREAS, The City created Tax Incremental District No. 8 in August of 2000 and
adopted a project plan that year; and
WHEREAS, The City created Tax Incremental District No. 9 in September of 2003 and
adopted a project plan that year; and
WHEREAS, In 2021, the Common Council dissolved Tax Incremental District #8 and
#9; and
WHEREAS, The accountants for the City have determined that there is a surplus of
$1,734,974 available as a final distribution to the taxing entities affected by the Tax
Incremental District; and
WHEREAS, Under this final distribution, amounts will be distributed to the taxing entities
as follows:
TIF #8 TIF #9 TOTAL
Muskego/Norway School District $39,148 $951,094 $990,242
Waukesha County 8,532 207,271 215,803
VTAE 1,700 41,294 42,994
City of Muskego 19,211 466,724 485,935
Total $68,591 $1,666,383 $1,734,974
WHEREAS, The 2021 audit of Tax Incremental Districts #8 and #9 has been completed;
and
WHEREAS, The Common Council has recommended approval of said final distribution.
NOW, THEREFORE, BE IT RESOLVED That the Common Council of the City of
Muskego, upon the recommendation of the Finance Committee, does hereby authorize
and direct the Finance Department Supervisor to submit to the taxing entities the final
distribution as described.
DATED THIS 28th DAY OF SEPTEMBER, 2021.
SPONSORED BY:
COMMON COUNCIL
This is to certify that this is a true and accurate copy of Resolution #084-2021, which
was adopted by the Common Council of the City of Muskego.
__________________________
9/21SM