Joint Review Board Regular Meeting Agenda Packet (PDF)

Agenda – Joint Review Board 8:12 AM 06/10/26 JOINT REVIEW BOARD ANNUAL MEETING Plover Municipal Center Board Room 2400 Post Road Plover, WI Thursday, June 18th, 2026 10:30 a.m. 1. Call to order 2. Reaffirmation and/or election of: a. Chairperson b. Public Member 3. Approval of the minutes of the Joint Review Board meeting of July 21, 2025. 4. Public Comment 5. Review of annual reports and updates for Tax Incremental Districts - No. 4, 5, 6, 7, and 8, as required by Wis. Stat. § 66.1105(4m)(f). 6. Legislative Update 7. Adjournment NOTICE IS HEREBY GIVEN that a majority of the members of the Village Board may attend this meeting to gather information about a subject over which they have decision-making authority. Joint Review Board 7/21/2025 Joint Review Board Meeting Monday, July 21, 2025 10:00 a.m. Members Present: Gary Wolf representing the Village of Plover, Carrie Kasubaski representing Mid-State Technical College, Michael Kurtz representing the Stevens Point School District, John Pavelski representing Portage County, Daniel Mahoney Public Member Others Present: Steve Kunst, Adam DeKleyn, Julia Mann arriving at 10:12, Greg Johnson of Ehlers (Virtually), Tammy Wojtalewicz 1. Mr. Wolf called the meeting to order at 10:00a.m. 2. Roll call of the Joint Review Board was taken. 3. MINUTES – June 2, 2025 Mr. Pavelski motioned, and Mr. Mahoney seconded to approve the minutes of the meeting of June 2, 2025, as printed. Motion carried. 4. REVIEW THE PUBLIC RECORD, PLANNING DOCUMENTS AND THE RESOLUTIONS PASSED BY THE PLAN COMMISSION AND VILLAGE BOARD Mr. DeKleyn reviewed the steps that have been taken thus far regarding establishing the proposed TID #8. Plan Commission met on June 2, 2025, and held a public hearing to accept feedback and public comment and they recommend approval of creating TID #8. The Village Board met on June 18, 2025, approving the creation of TID #8. Action from the Joint Review Board is the final step. Supporting documents were included in the meeting packet for today’s meeting. Mr. DeKleyn has received public input mostly in support of creating TID #8. He noted current and past TIDs have greatly expanded our tax base in the Village and assisted in accomplishing a lot of needed public infrastructure projects. Staff recommend approval of the resolution to create TID #8. Greg Johnson, from Ehlers, noted there were no changes in the project plan which was presented at the initial meeting. He gave a recap of the proposed TID #8. Mr. DeKleyn advised on the key primary areas which are likely to be to be developed first. 5. CONSIDERATION OF “RESOLUTION APPROVING THE CREATION OF TAX INCREMENTAL DISTRICT NO. 8” Mr. DeKleyn reminded the board of the previous overview he gave of the district and what it will encompass. He noted the success previous TIDs had with public infrastructure projects which paved the way for businesses coming to town or expand, as well as allowing residential development in some of the TIDs. TID creation has been very successful for the Village of Plover in expanding the tax base. Creating the TID is the most effective tool for promoting continued growth with Joint Review Board 7/21/2025 needed public infrastructure needs. Mr. Kunst noted there has been interest in some of the sites by developers, but they have not been developed because of infrastructure challenges. Creating TID 8 will assist with facilitating the development and provide for a stable tax base well into the future. Mr. Wolf noted with the upcoming closure of TIF districts 4 and 5, this is a logical continuation to assist the Village to promote growth well into the next 20 years allowing Plover to remain a growing and thriving community. Ms. Kasubaski motioned, and Mr. Pavelski seconded to approve the resolution to create Tax Incremental District No. 8. Motion carried by unanimous roll call vote. 6. Mr. Mahoney motioned to adjourn at 10:14 am. Mr. Kurts seconded, and the motion carried. Mr. Wolf thanked Mr. Johnson from Ehlers for being available to answer questions. Respectfully submitted by Tammy Wojtalewicz, Village Clerk TID No. 4 – Village Park at Plover Created: 2004 Size: ±67 Acres Type: Blighted District Location: CTH B and I-39 interchange area. Recent Development Activity:  Investment in the former Yonkers building– YMCA.  The TID is mostly built out. (3) vacant/undeveloped parcels remain. Status:  Mature district – Payback mode.  Projected to close early within the next 5 years. Required closure date– 2035.  Current Value - $87 million. Base Value - $15 million. Attachments:  Boundary Map  PE-300 Form  Project Costs Summary WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 1 – Municipality and TID Co-muni code Municipality County Due date Report type TID number TID type TID name Creation date Mandatory termination date Anticipated termination date Section 2 – Beginning Balance Amount TID fund balance at beginning of year 49173 PLOVER PORTAGE 07/01/2026 ORIGINAL 004 2 Village Park at Plover 06/16/2004 06/16/2044 06/16/2030 $472,626 Section 3 – Revenue Amount Tax increment Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID $1,144,629 $17,908 $109,955 TID number Developer guarantees Developer name Transfer from other funds Source Grants Source Other revenue Source Total Revenue (deposits) $1,272,492 Page of 1 4 WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 4 – Expenditures Amount Capital expenditures Administration Professional services Interest and fiscal charges DOR fees Discount on long-term debt Debt issuance costs Principal on long-term debt Environmental costs Real property assembly costs Allocation to another TID $235,287 $11,662 $171,969 $150 $915,000 TID number Developer grants Developer name RL 1780 PLOVER ROAD, LLC $0 Developer name CC4 INVESTORS LLC $113,000 Transfer to other funds Fund Other expenditures Name Total Expenditures $1,447,068 Section 5 – Ending Balance Amount TID fund balance at end of year Future costs Future revenue Surplus or deficit $298,050 $5,459,301 $6,769,835 $1,608,584 Page of 2 4 WI Dept of Revenue TID Annual Report Form PE-300 2025 Current Year TID New Construction Values TID TID New Construction Increase TID New Construction Decrease Prior Year Correction TID Net New Construction (NNC) Section 6 – TID New Construction 004 $0 $0 $0 $0 005 $15,039,500 $0 $-7,500 $15,032,000 006 $768,200 $0 $0 $768,200 007 $436,900 $0 $0 $436,900 Total $16,244,600 $0 $-7,500 $16,237,100 Current Year Allowable Levy Increase Attributable to TID NNC TID TID Net New Construction Prior Year Municipal Equalized Value TID Net New Construction % Prior Year Adjusted Actual Levy Allowable Levy Increase Attributable to TID Net New Construction 004 $0 $1,840,991,600 0.00 $6,593,648 $0 005 $15,032,000 $1,840,991,600 0.82 $6,593,648 $54,068 006 $768,200 $1,840,991,600 0.04 $6,593,648 $2,637 007 $436,900 $1,840,991,600 0.02 $6,593,648 $1,319 Total $16,237,100 $1,840,991,600 0.88 $6,593,648 $58,024 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $58,024 $0.58024 Historical Allowable Levy Increase Attributable to TID NNC Year TID TID Net New Construction TID Net New Construction % Allowable Levy Increase Attributable to TID Net New Construction Prior Year Adjusted Actual Levy Prior Year Municipal Equalized Value 2024 004 $0 $1,689,932,800 0.00 $6,461,284 $0 2024 005 $20,863,700 $1,689,932,800 1.23 $6,461,284 $79,474 2024 006 $2,400 $1,689,932,800 0.00 $6,461,284 $0 2024 007 $-68,600 $1,689,932,800 0.00 $6,461,284 $0 2024 Total $20,797,500 $1,689,932,800 1.23 $6,461,284 $79,474 2023 004 $0 $1,541,096,200 0.00 $6,245,956 $0 2023 005 $12,892,800 $1,541,096,200 0.84 $6,245,956 $52,466 2023 006 $366,100 $1,541,096,200 0.02 $6,245,956 $1,249 2023 007 $1,207,600 $1,541,096,200 0.08 $6,245,956 $4,997 2023 Total $14,466,500 $1,541,096,200 0.94 $6,245,956 $58,712 Page of 3 4 WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 7 – Preparer/Contact Information Preparer name Preparer title Preparer email Preparer phone Contact name Contact title Contact email Contact phone Julia Mann Treasurer (715) 345-5250jmann@ploverwi.gov Julia Mann Treasurer/Finance Director (715) 345-5250jmann@ploverwi.gov Submission Information Co-muni code TID number Submission date Confirmation Submission type 49173 004 06-05-2026 03:52 PM TIDAR20251327O1779807041119 ORIGINAL Page of 4 4 ESTIMATED ACTUAL EXPENSES PER PROJECT PLAN COST COST Project 1 - Site Preparation 1,010,572.00 1,009,864.52 Project 2 - Mall Road/Internal Sts/Maple Dr 3,021,932.00 3,021,932.00 Project 3 - CTH B/Mall Road Intersection 294,000.00 284,746.89 Project 4 - Traffic Impact Analysis 19,690.00 19,690.00 Project 5 - CTH B Landscaping 663,037.00 688,352.67 Project 6 - Stormwater Detention Pond 538,169.00 537,681.56 Project 7 - CTH B / I39 Ramp Intersections - - Project 8 - Land Buy-Down 800,000.00 802,000.00 Project 9 - Right-turn Lane at Maple/Hoover 82,700.00 59,155.96 Project 10 - Non-Project Costs 100,000.00 296,213.07 Project 11 - Dev Incentive Pmt - 23-12.16 250,000.00 250,000.00 Project 12 - Pub Utility/Transp Improvemts 313,680.00 420,581.21 Project 13- Developer Agreement Yonkers 900,000.00 900,000.00 Project 14 - Parks Property Purchase 270,000.00 268,914.68 Project 15 - Developer Agreement CC4 500,000.00 386,995.33 Project 16 - Pacawa Park Infrastructure 3,567,410.00 3,596,247.04 Increment Sharing with TID #5 1,219,648.00 680,648.00 Debt Issuance & Interest Expense - CPF 868,898.55 868,898.55 Sub-total Capital Project Fund expenses 14,419,736.55 14,091,921.48 Debt Service Fund - Interest Expense 5,561,368.53 Debt Service Fund - Interest Income/Capitalized Int (from below) (805,168.84) GRAND TOTAL - EXPENSES 18,848,121.17 Debt Service Fund - Tax Increments Collected (from below) (14,195,095.48) Debt Service Fund - Exempt Computer & PP Aid (from below) (546,971.69) GRAND TOTAL - REVENUES (14,742,067.17) 4,106,054.00 Increments Exempt REVENUES Collected Computer & PP Aid Other Revenues Debt Issue Tax Roll/Collection Year 2004-2005 -$ -$ -$ -$ 2005-2006 -$ -$ 410,898.00$ 410,898.00$ 2006-2007 361,111.22$ 1,808.00$ 23,112.86$ 24,920.86$ 2007-2008 443,551.14$ 9,807.00$ 7,069.26$ 16,876.26$ 2008-2009 598,076.39$ 13,191.00$ -$ 13,191.00$ 2009-2010 639,068.40$ 12,199.90$ -$ 12,199.90$ 2010-2011 662,132.50$ 11,382.00$ -$ 11,382.00$ 2011-2012 636,281.24$ 8,993.00$ -$ 8,993.00$ 2012-2013 643,525.70$ 7,246.00$ -$ 7,246.00$ 2013-2014 645,237.00$ 8,774.00$ -$ 8,774.00$ 2014-2015 636,291.48$ 7,501.00$ -$ 7,501.00$ 2015-2016 634,357.22$ 6,711.00$ -$ 6,711.00$ 2016-2017 641,271.83$ 5,877.00$ -$ 5,877.00$ 2017-2018 825,503.56$ 5,963.10$ -$ 5,963.10$ 2018-2019 774,874.87$ 14,760.89$ -$ 14,760.89$ 2019-2020 812,730.07$ 48,169.34$ 172,129.56$ 220,298.90$ 2020-2021 858,128.36$ 81,757.58$ -$ 81,757.58$ 2021-2022 1,028,552.50$ 96,536.86$ -$ 96,536.86$ 2022-2023 1,096,276.58$ 48,169.34$ -$ 48,169.34$ 2023-2024 1,113,496.34$ 48,169.34$ 174,051.35$ 222,220.69$ 2024-2025 1,144,629.08$ 109,955.34$ 17,907.81$ 127,863.15$ 2025-2026 -$ -$ -$ -$ 2026-2027 -$ -$ -$ -$ 2027-2028 -$ -$ -$ -$ 2028-2029 -$ -$ -$ -$ 2029-2030 -$ -$ -$ -$ TOTAL REVENUES 14,195,095.48$ 546,971.69$ 805,168.84$ -$ NET EXPENSES TO BE COLLECTED 4,106,054$ DEBT PAYMENTS THRU 2025 DEBT ISSUE AMOUNT PRINCIPAL BALANCE 2024A 1,560,000.00 - 1,560,000.00 2023A 1,925,000.00 560,000.00 1,365,000.00 2020A 2,560,000.00 1,720,000.00 840,000.00 2020B 1,565,000.00 970,000.00 595,000.00 OUTSTANDING DEBT 12/31/2025 4,360,000.00 VILLAGE OF PLOVER - TIF DISTRICT #4 SUMMARY OF PROJECT COSTS Printed: 6/5/2026, 4:10 PM TIF DISTRICT #4 SUMMARY - MASTER TID No. 5 – Tree Acres Created: 2005 Size: ±646 Acres Type: Mixed-Use District Location: CTH R (South of CTH B to north of Shady Drive). Recent Development Activity:  Seeing continued development.  Recent residential subdivisions – Arbor Haven V , Harvest Acres, & Green Tree Farm. Status:  Mature district – Payback mode (Water/Sewer reimbursements to Village).  Projected to close early within the next 5 years. Required closure date– 2045.  Current Value - $134 million. Base Value - $3 million. Attachments:  Boundary Map  PE-300 Form  Project Costs Summary WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 1 – Municipality and TID Co-muni code Municipality County Due date Report type TID number TID type TID name Creation date Mandatory termination date Anticipated termination date Section 2 – Beginning Balance Amount TID fund balance at beginning of year 49173 PLOVER PORTAGE 07/01/2026 ORIGINAL 005 6S TID 5 09/21/2005 09/21/2045 06/30/2028 $-3,010,523 Section 3 – Revenue Amount Tax increment Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID $1,853,237 $1,226 TID number Developer guarantees Developer name Transfer from other funds Source Grants Source Other revenue Source Total Revenue (deposits) $1,854,463 Page of 1 4 WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 4 – Expenditures Amount Capital expenditures Administration Professional services Interest and fiscal charges DOR fees Discount on long-term debt Debt issuance costs Principal on long-term debt Environmental costs Real property assembly costs Allocation to another TID $13,034 $31,200 $150 $1,995,000 TID number Developer grants Developer name BILL BAYBA, VILLAGE WOOD POINTE $0 Developer name CLASSIC DEVELOPMENT CORP, ARBOR HAVEN $210,758 Developer name VILLAGE WOOD MEADOWS $0 Transfer to other funds Fund General Fund $142,857 Fund Wastewater $178,571 Fund Water $178,571 Other expenditures Name Total Expenditures $2,750,141 Section 5 – Ending Balance Amount TID fund balance at end of year Future costs Future revenue Surplus or deficit $-3,906,201 $1,876,000 $7,189,026 $1,406,825 Page of 2 4 WI Dept of Revenue TID Annual Report Form PE-300 2025 Current Year TID New Construction Values TID TID New Construction Increase TID New Construction Decrease Prior Year Correction TID Net New Construction (NNC) Section 6 – TID New Construction 004 $0 $0 $0 $0 005 $15,039,500 $0 $-7,500 $15,032,000 006 $768,200 $0 $0 $768,200 007 $436,900 $0 $0 $436,900 Total $16,244,600 $0 $-7,500 $16,237,100 Current Year Allowable Levy Increase Attributable to TID NNC TID TID Net New Construction Prior Year Municipal Equalized Value TID Net New Construction % Prior Year Adjusted Actual Levy Allowable Levy Increase Attributable to TID Net New Construction 004 $0 $1,840,991,600 0.00 $6,593,648 $0 005 $15,032,000 $1,840,991,600 0.82 $6,593,648 $54,068 006 $768,200 $1,840,991,600 0.04 $6,593,648 $2,637 007 $436,900 $1,840,991,600 0.02 $6,593,648 $1,319 Total $16,237,100 $1,840,991,600 0.88 $6,593,648 $58,024 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $58,024 $0.58024 Historical Allowable Levy Increase Attributable to TID NNC Year TID TID Net New Construction TID Net New Construction % Allowable Levy Increase Attributable to TID Net New Construction Prior Year Adjusted Actual Levy Prior Year Municipal Equalized Value 2024 004 $0 $1,689,932,800 0.00 $6,461,284 $0 2024 005 $20,863,700 $1,689,932,800 1.23 $6,461,284 $79,474 2024 006 $2,400 $1,689,932,800 0.00 $6,461,284 $0 2024 007 $-68,600 $1,689,932,800 0.00 $6,461,284 $0 2024 Total $20,797,500 $1,689,932,800 1.23 $6,461,284 $79,474 2023 004 $0 $1,541,096,200 0.00 $6,245,956 $0 2023 005 $12,892,800 $1,541,096,200 0.84 $6,245,956 $52,466 2023 006 $366,100 $1,541,096,200 0.02 $6,245,956 $1,249 2023 007 $1,207,600 $1,541,096,200 0.08 $6,245,956 $4,997 2023 Total $14,466,500 $1,541,096,200 0.94 $6,245,956 $58,712 Page of 3 4 WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 7 – Preparer/Contact Information Preparer name Preparer title Preparer email Preparer phone Contact name Contact title Contact email Contact phone Julia Mann Treasurer (715) 345-5250jmann@ploverwi.gov Julia Mann Treasurer/Finance Director (715) 345-5250jmann@ploverwi.gov Submission Information Co-muni code TID number Submission date Confirmation Submission type 49173 005 06-05-2026 03:54 PM TIDAR20251327O1779809588228 ORIGINAL Page of 4 4 ACTUAL ACTUAL PROJECTS AS LISTED IN ESTIMATED ACTUAL COSTS COSTS PAID BY COSTS PAID BY GRAND TOTAL TIF PROJECT PLAN COST PAID BY TID 5 WW UTILITY WTR UTILITY ACTUAL COSTS Project 1 - Traffic Impact Analysis 135,000.00 81,736.35 - - 81,736.35 Project 2 - I-39 Utility Crossing 250,000.00 419,000.00 - - 419,000.00 Project 3 - 54/39 Interchange 4,000,000.00 - - - - Project 4 - B/39 Interchange 5,000,000.00 212.03 - - 212.03 Project 5 - Eisenhower/R - Phase 1 7,100,000.00 4,530,152.62 - - 4,530,152.62 Project 6 - Eisenhower/R - Phase 2 5,300,000.00 - - - - Project 7 - Town of Plover Tax Payment 45,000.00 38,497.33 - - 38,497.33 Project 8 - 54 Sewer Improvements 750,000.00 - - - - Project 9 - Springville Lift Station Imprvmts 1,500,000.00 - - - - Project 10 - Springville Force Main 4,200,000.00 - - - - Project 11 - WWTF Expansion 10,000,000.00 - - - - Project 12 - Power Line Relocation 1,500,000.00 - - - - Project 13 - Regional Stormwater Plan 1,000,000.00 35,142.20 - - 35,142.20 Project 14 - Developer's Incentive Payments 10,000,000.00 2,928,595.69 - - 2,928,595.69 Project 15 - Project Coordination 500,000.00 38,428.74 - - 38,428.74 Project 16 - CTH B Improvements 2,600,000.00 805,790.95 - - 805,790.95 Project 17 - New Eisenhower thruway 850,000.00 - - - - Project 18 - Shady Lane Improvements 2,500,000.00 - - - - Project 19 - Gas/Elect/Phone Extensions 2,000,000.00 - - - - Project 20 - Pleasant Dr East of CTH R - roadway 1,410,000.00 522,997.93 - - 522,997.93 Project 21 - Residential Area Utilities/road 3,070,000.00 16,769.29 - - 16,769.29 Project 22 - Villa/Condos Sewer & Water 750,000.00 - - - - Project 23 - Pleasant Drive Utilities/Road 2,740,000.00 2,222,820.83 543,162.86 332,115.20 3,098,098.89 Project 24 - Emergency Equipment 600,000.00 - - - - Project 25 - Non-Project Costs 700,000.00 874,264.32 - - 874,264.32 Debt Issuance Costs paid from CPF - 284,324.67 284,324.67 Debt Interest & Service Chgs Paid from DSF & OTHERS 10,375,000.00 5,395,080.49 - - 5,395,080.49 Sub-Total - CPF Expenses 78,875,000.00 18,193,813.44 543,162.86 332,115.20 19,069,091.50 Tax Roll/Collection Year Increments Special Assess Other Revenue TID Donations 2005-2006 - - 67,039.33 2006/2007 41,280.97 - 109,945.76 2007/2008 156,403.90 - 255,472.64 2008/2009 140,735.43 643,370.79 1,415.00 2009/2010 187,925.90 614,951.93 1,593.40 2010/2011 179,087.67 590,185.12 6.00 2011/2012 172,556.00 569,107.12 22.90 2012/2013 174,867.22 - 4.00 2013/2014 - - 4.00 2014/2015 - - 4.00 2015/2016 - 459,355.85 4.00 2016/2017 - 275,641.20 40,384.00 2017/2018 18,502.50 570,750.96 77,965.11 224,000.00 2018/2019 140,894.85 477,830.38 198.17 537,648.00 2019/2020 350,332.07 - 324,446.07 596,614.19 2020/2021 593,467.35 - (184,897.19) 494,000.00 2021/2022 864,762.12 - 362.00 455,000.00 2022/2023 1,171,900.80 - 362.00 457,868.12 2023/2024 1,454,693.92 - 362.00 - 2024/2025 1,853,236.54 - 1,226.25 - 2025/2026 - - - 2026/2027 - - - TOTAL REVENUE 7,500,647.23 4,201,193.35 695,919.44 2,765,130.31 15,162,890.33 Revenues: DSF - Tax Increments Collected (7,500,647.23) DSF - Special Assmts Collected (4,201,193.35) DSF - Exempt Computer aids/interest on invstmts Bond issue (695,919.44) DSF - Increment Donations from TID # & TID 4 (2,765,130.31) Sub-Total - Revenues (15,162,890.33) NET EXPENDITURES TO BE RECOVERED 3,906,201.17 REVENUE COLLECTION BY YEAR VILLAGE OF PLOVER - TIF DISTRICT #5 SUMMARY OF REVENUES & EXPENSES Printed: 6/5/2026, 4:09 PM TIF DISTRICT #5 SUMMARY - MASTER ADVANCES GENERAL FUND WASTEWATER WATER 2016 279,540.35 138,795.18 2017 800,000.00 1,000,000.00 1,000,000.00 2017 260,037.87 191,669.29 2018 1,650.73 1,650.73 2019 623.91 2020 1,310.00 800,000.00 1,543,162.86 1,332,115.20 REIMBURSEMENT 2022 (372,336.21) (227,663.79) 2023 (170,826.65) (104,451.41) 2024 (142,857.14) (178,571.43) (178,571.43) 2025 (142,857.14) (178,571.43) (178,571.43) (285,714.28) (900,305.72) (689,258.06) BALANCE DUE 2026 514,285.72 642,857.14 642,857.14 ADVANCES and REIMBURSEMENTS Printed: 6/5/2026, 4:09 PM TIF DISTRICT #5 SUMMARY - MASTER TID No. 6 – Crossroads Commons Created: 2010 Size: ±115 Acres Type: Mixed-Use District Location: Crossroads Commons - Areas of Commons Circle & CTH R. Recent Development Activity:  Meridian Commons Apartments (7 of 15 buildings complete).  Olive Garden. Status:  2025 – End of project expenditure period – Now in payback mode.  Required closure date – 2036.  Current Value - $17 Million. Base Value - $300,000. Attachments:  Boundary Map  PE-300 Form  Project Costs Summary WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 1 – Municipality and TID Co-muni code Municipality County Due date Report type TID number TID type TID name Creation date Mandatory termination date Anticipated termination date Section 2 – Beginning Balance Amount TID fund balance at beginning of year 49173 PLOVER PORTAGE 07/01/2026 ORIGINAL 006 6 Heritage Farms 04/12/2010 04/12/2036 N/A $-3,928 Section 3 – Revenue Amount Tax increment Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID $253,063 TID number Developer guarantees Developer name Transfer from other funds Source Grants Source Other revenue Source Total Revenue (deposits) $253,063 Page of 1 4 WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 4 – Expenditures Amount Capital expenditures Administration Professional services Interest and fiscal charges DOR fees Discount on long-term debt Debt issuance costs Principal on long-term debt Environmental costs Real property assembly costs Allocation to another TID $8,132 $2,077 $150 TID number Developer grants Developer name PREMIER HERITAGE ESTATES $0 Transfer to other funds Fund General Fund $111,150 Fund Waste Water $72,598 Fund Water $56,252 Other expenditures Name Total Expenditures $250,359 Section 5 – Ending Balance Amount TID fund balance at end of year Future costs Future revenue Surplus or deficit $-1,224 $5,786,898 $5,323,147 $-464,975 Page of 2 4 WI Dept of Revenue TID Annual Report Form PE-300 2025 Current Year TID New Construction Values TID TID New Construction Increase TID New Construction Decrease Prior Year Correction TID Net New Construction (NNC) Section 6 – TID New Construction 004 $0 $0 $0 $0 005 $15,039,500 $0 $-7,500 $15,032,000 006 $768,200 $0 $0 $768,200 007 $436,900 $0 $0 $436,900 Total $16,244,600 $0 $-7,500 $16,237,100 Current Year Allowable Levy Increase Attributable to TID NNC TID TID Net New Construction Prior Year Municipal Equalized Value TID Net New Construction % Prior Year Adjusted Actual Levy Allowable Levy Increase Attributable to TID Net New Construction 004 $0 $1,840,991,600 0.00 $6,593,648 $0 005 $15,032,000 $1,840,991,600 0.82 $6,593,648 $54,068 006 $768,200 $1,840,991,600 0.04 $6,593,648 $2,637 007 $436,900 $1,840,991,600 0.02 $6,593,648 $1,319 Total $16,237,100 $1,840,991,600 0.88 $6,593,648 $58,024 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $58,024 $0.58024 Historical Allowable Levy Increase Attributable to TID NNC Year TID TID Net New Construction TID Net New Construction % Allowable Levy Increase Attributable to TID Net New Construction Prior Year Adjusted Actual Levy Prior Year Municipal Equalized Value 2024 004 $0 $1,689,932,800 0.00 $6,461,284 $0 2024 005 $20,863,700 $1,689,932,800 1.23 $6,461,284 $79,474 2024 006 $2,400 $1,689,932,800 0.00 $6,461,284 $0 2024 007 $-68,600 $1,689,932,800 0.00 $6,461,284 $0 2024 Total $20,797,500 $1,689,932,800 1.23 $6,461,284 $79,474 2023 004 $0 $1,541,096,200 0.00 $6,245,956 $0 2023 005 $12,892,800 $1,541,096,200 0.84 $6,245,956 $52,466 2023 006 $366,100 $1,541,096,200 0.02 $6,245,956 $1,249 2023 007 $1,207,600 $1,541,096,200 0.08 $6,245,956 $4,997 2023 Total $14,466,500 $1,541,096,200 0.94 $6,245,956 $58,712 Page of 3 4 WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 7 – Preparer/Contact Information Preparer name Preparer title Preparer email Preparer phone Contact name Contact title Contact email Contact phone Julia Mann Treasurer (715) 345-5250jmann@ploverwi.gov Julia Mann Treasurer/Finance Director (715) 345-5250jmann@ploverwi.gov Submission Information Co-muni code TID number Submission date Confirmation Submission type 49173 006 06-05-2026 03:55 PM TIDAR20251327O1778784044919 ORIGINAL Page of 4 4 TOTAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ESTIMATED COSTS PAID PAID BY PAID BY PAID BY PAID BY EXPENSES COST TO DATE TID 6 FUND GENERAL FUND WW UTILITY WATER UTILITY TIF PROJECT PLAN Project 1 - Porter Road Sewer/Water/Roadway Imp. 2,169,000.00 1,981,397.00 - 201,000.00 1,148,511.67 631,885.00 Project 2 - CTH R Water Main 418,750.00 402,295.22 662.22 - - 401,633.00 Project 3 - CTH R Reconstruction, Porter to HH 1,093,000.00 810,008.87 - 810,008.87 - - Project 4 - Traffic Impact Analysis 40,000.00 - - - - - Project 5 - CTH HH/CTH R Intersection Improvements 1,230,950.00 1,008,455.00 - 1,008,454.68 - - Project 6 - San Sewer Improvements NE of Porter/R 1,117,000.00 2,242,653.44 57,027.79 - 2,185,625.65 - Project 7 - CTH HH Improvements 1,100,000.00 25,629.00 - 25,628.97 - - Project 8 - Regional Stormwater Plan 40,000.00 140.00 140.00 - - Project 9 - Town of Plover 5-year Tax Payment 50.00 47.65 47.65 - - Project 10 - Internal Sewer/Water/Streets 1,500,000.00 330,150.82 330,150.82 - - - Project 11 - Emergency Equipment & Supplies 600,000.00 - - - - - Project 12 - Developer's Incentive 1,000,000.00 469,412.00 469,412.00 - - - Project 13 - Hoover Avenue Force Main 205,000.00 - - - - - Project 14 - Springville Pond Lift Station Improvements 1,800,000.00 - - - - - Project 15 - Springville Pond Force Main 4,200,000.00 - - - - - Project 16 - Pedestrian Overpass 1,167,000.00 - - - - - Project 17 - Porter Road to Springville Pond LS Interceptor 2,000,000.00 - - - - - Non-Project Costs 75,000.00 119,540.50 119,540.50 - - - Debt Issuance & Interest Expense - 85,920.92 85,920.92 - - - Sub-Total - Capital Project Fund Expenses 19,755,750.00 7,475,650.42 1,062,901.90 2,045,092.52 3,334,137.32 1,033,518.00 REVENUES - Interest Income/Other Revenues (from below) - - Tax Increments Collected (from below) (1,784,177.68) (1,784,177.68) Transfer to other funds 722,500.00 (334,602.80) (218,549.02) (169,348.18) Exempt Computer Aid (from below) - - - - - - Sub-Total - Revenues - (1,784,177.68) (1,061,677.68) (334,602.80) (218,549.02) (169,348.18) NET EXPENDITURES TO BE RECOVERED 5,691,472.74 1,224.22 1,710,489.72 3,115,588.30 864,169.82 PERCENTAGE OF PROJECT PLAN COSTS COMPLETED 37.84% REPAY GENERAL, WATER & WASTEWATER WHEN FUNDS ARE AVAILABLE!! REVENUES Increments Exempt Computer Other Revenues/ TID Year Tax Roll/Collection Year Collected /PP Aid Interest Income 1 2010/2011 -$ -$ -$ 2 2011/2012 8.16$ -$ -$ 3 2012/2013 10.90$ -$ -$ 4 2013/2014 6.75$ -$ -$ 5 2014/2015 -$ -$ 6 2015/2016 -$ -$ -$ 7 2016/2017 36,818.19$ -$ -$ 8 2017/2018 126,643.44$ -$ -$ 9 2018/2019 175,317.19$ 1,327.56$ -$ 10 2019/2020 234,633.61$ -$ -$ 11 2020/2021 240,025.68$ (1,327.56)$ -$ 12 2021/2022 241,724.66$ -$ -$ 13 2022/2023 231,854.15$ -$ -$ 14 2023/2024 244,072.16$ -$ -$ 15 2024/2025 253,062.78$ -$ -$ 16 2025-2026 -$ -$ -$ 17 2026-2027 -$ -$ -$ 18 2027-2028 -$ -$ -$ 19 2028-2029 -$ -$ -$ 20 2029-2030 -$ -$ -$ 21 2030-2031 -$ -$ -$ 22 2031-2032 -$ -$ -$ 23 2032-2033 -$ -$ -$ 24 2033-2034 -$ -$ -$ 25 2034-2035 -$ -$ -$ 26 2035-2036 -$ -$ -$ TOTAL 1,784,177.68$ -$ -$ OTHER FUND REIMBURSEMENTS REIMBURSEMENT REIMBURSEMENT REIMBURSEMENT PAID TO PAID TO PAID TO TID Year Tax Roll/Collection Year GENERAL FUND WW UTILITY WATER UTILITY 11 2020/2021 (40,288.40) (26,314.75) (20,396.85) 12 2021/2022 (46,312.26) (30,249.29) (23,438.45) 13 2022/2023 (65,994.97) (43,105.25) (33,399.79) 14 2023/2024 (70,857.76) (46,281.42) (35,860.82) 15 2024/2025 (111,149.42) (72,598.31) (56,252.27) 16 2025-2026 17 2026-2027 VILLAGE OF PLOVER - TIF DISTRICT #6 SUMMARY OF REVENUES & EXPENSES Printed: 6/5/2026, 4:08 PM TIF DISTRICT #6 SUMMARY - MASTER 18 2027-2028 19 2028-2029 20 2029-2030 21 2030-2031 22 2031-2032 23 2032-2033 24 2033-2034 25 2034-2035 26 2035-2036 TOTAL (334,602.80) (218,549.02) (169,348.18) Printed: 6/5/2026, 4:08 PM TIF DISTRICT #6 SUMMARY - MASTER TID No. 7 – Post Road Corridor Created: 2013 Size: ±34 Acres Type: Mixed-Use District Location: Post Road (South of Springville Drive to north of Gilman Drive). Recent Development Activity:  Full build-out of Gilman Pointe Subdivision – Final duplex constructed.  Limited land availability for new development. Status:  Needs to see some investment and development.  2028 – End of project expenditure period.  Required closure date – 2033.  Current Value - $12 million. Base Value - $3 million. Attachments:  Boundary Map  PE-300 Form  Project Costs Summary WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 1 – Municipality and TID Co-muni code Municipality County Due date Report type TID number TID type TID name Creation date Mandatory termination date Anticipated termination date Section 2 – Beginning Balance Amount TID fund balance at beginning of year 49173 PLOVER PORTAGE 07/01/2026 ORIGINAL 007 6 Post Road 04/17/2013 04/17/2033 N/A $-1,797,595 Section 3 – Revenue Amount Tax increment Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID $142,604 $2,686 TID number Developer guarantees Developer name Transfer from other funds Source Grants Source State of Wisconsin Springville Dam Grant $255,627 Other revenue Source Total Revenue (deposits) $400,917 Page of 1 4 WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 4 – Expenditures Amount Capital expenditures Administration Professional services Interest and fiscal charges DOR fees Discount on long-term debt Debt issuance costs Principal on long-term debt Environmental costs Real property assembly costs Allocation to another TID $7,411 $8,400 $150 TID number Developer grants Developer name NA $0 Transfer to other funds Fund Other expenditures Name Total Expenditures $15,961 Section 5 – Ending Balance Amount TID fund balance at end of year Future costs Future revenue Surplus or deficit $-1,412,639 $632,936 $1,413,425 $-632,150 Page of 2 4 WI Dept of Revenue TID Annual Report Form PE-300 2025 Current Year TID New Construction Values TID TID New Construction Increase TID New Construction Decrease Prior Year Correction TID Net New Construction (NNC) Section 6 – TID New Construction 004 $0 $0 $0 $0 005 $15,039,500 $0 $-7,500 $15,032,000 006 $768,200 $0 $0 $768,200 007 $436,900 $0 $0 $436,900 Total $16,244,600 $0 $-7,500 $16,237,100 Current Year Allowable Levy Increase Attributable to TID NNC TID TID Net New Construction Prior Year Municipal Equalized Value TID Net New Construction % Prior Year Adjusted Actual Levy Allowable Levy Increase Attributable to TID Net New Construction 004 $0 $1,840,991,600 0.00 $6,593,648 $0 005 $15,032,000 $1,840,991,600 0.82 $6,593,648 $54,068 006 $768,200 $1,840,991,600 0.04 $6,593,648 $2,637 007 $436,900 $1,840,991,600 0.02 $6,593,648 $1,319 Total $16,237,100 $1,840,991,600 0.88 $6,593,648 $58,024 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $58,024 $0.58024 Historical Allowable Levy Increase Attributable to TID NNC Year TID TID Net New Construction TID Net New Construction % Allowable Levy Increase Attributable to TID Net New Construction Prior Year Adjusted Actual Levy Prior Year Municipal Equalized Value 2024 004 $0 $1,689,932,800 0.00 $6,461,284 $0 2024 005 $20,863,700 $1,689,932,800 1.23 $6,461,284 $79,474 2024 006 $2,400 $1,689,932,800 0.00 $6,461,284 $0 2024 007 $-68,600 $1,689,932,800 0.00 $6,461,284 $0 2024 Total $20,797,500 $1,689,932,800 1.23 $6,461,284 $79,474 2023 004 $0 $1,541,096,200 0.00 $6,245,956 $0 2023 005 $12,892,800 $1,541,096,200 0.84 $6,245,956 $52,466 2023 006 $366,100 $1,541,096,200 0.02 $6,245,956 $1,249 2023 007 $1,207,600 $1,541,096,200 0.08 $6,245,956 $4,997 2023 Total $14,466,500 $1,541,096,200 0.94 $6,245,956 $58,712 Page of 3 4 WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 7 – Preparer/Contact Information Preparer name Preparer title Preparer email Preparer phone Contact name Contact title Contact email Contact phone Julia Mann Treasurer (715) 345-5250jmann@ploverwi.gov Julia Mann Treasurer/Finance Director (715) 345-5250jmann@ploverwi.gov Submission Information Co-muni code TID number Submission date Confirmation Submission type 49173 007 06-05-2026 04:02 PM TIDAR20251327O1777046743505 ORIGINAL Page of 4 4 ESTIMATED TOTAL PROJECT COSTSPROJECT COSTSPROJECT COSTS EXPENSES COST ACTUAL COSTPAID BY TID 7PAID BY WWPAID BY WATER TIF PROJECT PLAN Project 1 - Bus 51/Post Road Improvements 4,350,000.00 2,927,016.88 2,364,081.03 145,304.65 417,631.20 Project 1 - Food Pantry - 699,437.99 699,437.99 Project 2 - Utility Extensions - Woyak 400,000.00 110,554.87 110,554.87 - - Project 3 - Developer Incentives 1,000,000.00 - - - - Non-Project Costs 75,000.00 111,107.26 111,107.26 - - Debt Issuance & Interest Expense - - - - - Sub-Total - Capital Project Fund 5,825,000.00 3,848,117.00 3,285,181.15 145,304.65 417,631.20 PERCENTAGE OF PROJECT PLAN COMPLETE 66.06% Debt Service Fund - Interest Expense Debt Service Fund - Interest Income/Capitalized Interest (from below) - Debt Service Fund - Tax Increments Collected (from below) (711,080.04) Debt Service Fund - Exempt Computer Aid (from below) (1,161,462.04) Sub-Total - Debt Service Fund (1,872,542.08) NET EXPENDITURES TO BE RECOVERED 1,975,574.92 REVENUES Tax Roll/CollectionIncrements Other Revenues/ TID Year Year Collected Ex Computer AidInterest Income 1 2013-2014 - $ -$ -$ 2 2014-2015 27,669.40 $ 50,441.00$ - $ 3 2015-2016 36,234.00$ 649,001.00$ -$ 4 2016-2017 35,416.46 $ 2.00 $ - $ 5 2017-2018 39,180.84 $ 2.06 $ - $ 6 2018-2019 41,738.58 $ 10,123.79$ - $ 7 2019-2020 48,074.82 $ 2.11 $ - $ 8 2020-2021 48,429.13 $ (408.61)$ - $ 9 2021-2022 56,585.29 $ 133,981.67$ - $ 10 2022-2023 100,809.04 $ 60,002.10$ - $ 11 2023-2024 134,338.46 $ 2.10 $ - $ 12 2024-2025 142,604.01 $ 258,312.82$ - $ 13 2025-2026 - $ -$ -$ 14 2026-2027 - $ -$ -$ 15 2027-2028 - $ -$ -$ 16 2028-2029 - $ -$ -$ 17 2029-2030 - $ -$ -$ 18 2030-2031 - $ -$ -$ 19 2031-2032 - $ -$ -$ 20 2032-2033 - $ -$ -$ TOTAL 711,080.04$ 1,161,462.04$ - $ DETAIL OF COSTS PAID DIRECTLY BY UTILITIES, POST ROAD, SECTION SOUTH OF SPRINGVILLE YEAR SEWER WATER 2014 2,700 $ 2,700$ REPAY WASTEWATER & WATER 2015 13,131$ 13,232$ WHEN FUNDS ARE AVAILABLE!! 2016 104,474$ 352,652$ 2017 16,697$ 22,070$ 2018 1,676 $ 1,676$ 2019 1,479 $ 4,745$ 2020 5,148 $ 20,556$ 145,305$ 417,631$ 562,936$ VILLAGE OF PLOVER TID #7 - POST ROAD SUMMARY OF EXPENSES & REVENUES Printed: 6/5/2026, 4:05 PM TIF DISTRICT #7 SUMMARY MASTER TID No. 8 – NEXTGEN NEXUS Created: 2025 Size: ±385 Acres Type: Mixed-Use District Location: Spans from Pines Corporate Centre Industrial Park, along the Plover and Post Road corridors, over to Exploration Way/Innovation Drive/I-39. Recent Development Activity:  Mullins Whey Status:  New district - Targets the next generation of commercial, manufacturing, business, and residential development in Plover.  2027 – First year of increment.  Base Value - $8 Million. Attachments:  Boundary Map  Project Costs Summary ESTIMATED TOTAL PROJECT COSTS EXPENSES COST ACTUAL COST PAID BY TID 8 TIF PROJECT PLAN Project A - Intersection Imp Foremost/CTH 54/Grant 1,000,000.00 - - Project B - Hoover Ave Reconstruction 3,000,000.00 - - Project C - Innovation Drive Construction 500,000.00 - - Project D - Industrial Park Improvements (St & Util) 4,250,000.00 - - Project E - I-39 Pedestrian Bridge 1,000,000.00 - - Project F - Maple Drive Path Construction 500,000.00 - - District Wide Misc Projects 5,000,000.00 - - Developer Incentive 2,500,000.00 - - Non-Project Costs 315,000.00 37,745.16 37,745.16 Debt Issuance & Interest Expense 1,650,000.00 - - TID 8 - PROJECT PLAN 19,715,000.00 37,745.16 37,745.16 PERCENTAGE OF PROJECT PLAN COMPLETE 0.19% REVENUE INCREMENT COLLECTED 0.00 OTHER REVENUE 0.00 TOTAL REVENUE 0.00 NET EXPENDITURES TO BE RECOVERED 37,745.16$ REVENUES TAX ROLL COLLECTION INCREMENT OTHER TID YEAR YEAR COLLECTED REVENUE 1 2025-2026 -$ -$ 2 2026-2027 -$ -$ 3 2027-2028 -$ -$ 4 2028-2029 -$ -$ 5 2029-2030 -$ -$ 6 2030-2031 -$ -$ 7 2031-2032 -$ -$ 8 2032-2033 -$ -$ 9 2033-2034 -$ -$ 10 2034-2035 -$ -$ 11 2035-2036 -$ -$ 12 2036-2037 -$ -$ 13 2037-2038 -$ -$ 14 2038-2039 -$ -$ 15 2039-2040 -$ -$ 16 2040-2041 -$ -$ 17 2041-2042 -$ -$ 18 2042-2043 -$ -$ 19 2043-2044 -$ -$ 20 2044-2045 -$ -$ TOTAL -$ -$ VILLAGE OF PLOVER TID #8 SUMMARY OF EXPENSES & REVENUES Printed: 6/5/2026, 4:17 PM TIF DISTRICT #8 SUMMARY MASTER Village of Plover COMMUNITY DEVELOPMENT DEPARTMENT 2400 POST ROAD - PO Box 37 - PLOVER, WISCONSIN 54467 Phone: 715-345-5250 Website: www.ploverwi.gov MEMORANDUM TO: Joint Review Board FROM: Adam DeKleyn, Community Development Manager RE: Legislative Update DATE: June 18, 2026 INFORMATIONAL ONLY BACKGROUND: Two pieces of legislation impacting Tax Incremental Financing (TIF) in the State of Wisconsin were recently signed into law – Act 235 and Act 173. The changes aim to encourage residential development. DISCUSSION: Act 235 – Residential Tax Increment Districts Authorizes a new type of Tax Increment District (TID) – Residential. Previously, newly platted residential development was limited to a 35% max area cap in mixed-use districts. Development in a Residential TID must be single-family or two-family and shall meet certain requirements for ownership, lot size, and home size. Project costs in a Residential TID are limited to costs related to the constructionor improvement of infrastructure necessary for residential developments within the district. In practice, Residential TIDs will require a “pay go” structure with the developer providing the upfront cashto install the necessary public infrastructure and receiving reimbursement from increment generated during the district’s lifespan. Effective Date: October 1, 2026 Act 173 – Housing Extension Municipalities may now extend a TIF district’s life by up to two years (doubling the previous one-year limit) to fund housing initiatives. Effective Date: January 1, 2028