Joint Review Board — Agenda packet

City of Black River Falls JOINT REVIEW BOARD - AGENDA Tuesday — June 9, 2026 — 3:00 PM City Hall — 101 S. Second Street, Black River Falls, WI Join Zoom Meeting: littps://us02web.zoom.us/j/89108771016?pwd=a4UgmcizvileuLscliV322NeRBZOuOIt.1 OR Dial: 312-626-6799 Meeting ID: 891 877 1016 Passcode: cityhall 1. Call to order. 2. Appoint Chairperson — Action 3. Appoint Public Member — Action 4. Review Annual PE-300 Reports and the performance and status of: a. Tax Incremental District No. 3. b. Tax Incremental District No. 6. c. Tax Incremental District No. 7. d. Tax Incremental District No. 8. e. Tax Incremental District No. 9 5. JRB RESOLUTION 2026-A — A resolution acknowledging filing of annual reports and compliance with annual meeting requirement — Action 6. Adjourn. Posted: May 1, 2026 Form PE-300 TID Annual Report 2025 WI Dept of Revenue Section 1 — Municipality and TID Co-muni code 27206 Municipality BLACK RIVER FALLS County JACKSON Due date 07/01/2026 Report type ORIGINAL TID number 003 TID type 4 TID name Super Wal-Mart Creation date 07/02/2002 Mandatory termination date 07/02/2028 Anticipated termination date N/A Section 2 — Beginning Balance Amount TID fund balance at beginning of year $1,062,698 Section 3 — Revenue Amount Tax increment $307,235 Investment income Debt proceeds Special assessments Shared revenue $27,596 Sale of property Allocation from another TID TID number Developer guarantees Developer name Transfer from other funds Source Grants Source Other revenue Source Total Revenue (deposits) $334,831 Page 1 of 5 Form PE-300 TID Annual Report 2025 WI Dept of Revenue Section 4 — Expenditures Amount Capital expenditures Administration $10,000 Professional services Interest and fiscal charges $21,994 DOR fees $150 Discount on long-term debt Debt issuance costs Principal on long-term debt $247,000 Environmental costs Real property assembly costs Allocation to another TID TID number Developer grants Developer name N/A $0 Transfer to other funds Fund Other expenditures Name Total Expenditures $279,144 Section 5 — Ending Balance Amount TID fund balance at end of year $1,118,385 Future costs $500,000 Future revenue $625,000 Surplus or deficit $1,243,385 Page 2 of 5 Form PE -300 TID Annual Report 2025 WI Dept of Revenue Section 6 — TID New Construction Current Year TID New Construction Values TID TID New Construction Increase TID New Construction Decrease Prior Year Correction TID Net New Construction (NNC) 003 $0 $0 $-1,800 $-1,800 006 $111,500 $0 $-400 $111,100 007 $0 $0 $0 $0 008 $3,466,500 $0 $551,200 $4,017,700 009 $90,100 $0 $0 $90,100 Total $3,668,100 $0 $549,000 $4,217,100 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 003 5-1,800 $348,035,500 0.00 $1,946,791 $0 006 $111,100 $348,035,500 0.03 $1,946,791 $584 007 $0 $348.035.500 0.00 $1,946,791 $0 008 $4,017,700 $348,035,500 1.15 $1,946,791 $22,388 009 $90,100 $348,035,500 0.03 $1,946,791 $584 Total $4,217,100 $348,035,500 1.21 $1,946,791 $23,556 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $0 $0 Historical Allowable Levy Increase Attributable to TID NNC Year 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 2024 003 $150,000 $336,251,100 0.04 $1,870,026 $748 2024 006 $30,000 $336,251,100 0.01 $1,870,026 $187 2024 007 $0 $336,251,100 0.00 $1,870,026 $0 2024 008 $7,897,300 $336,251,100 2.35 $1,870,026 $43,946 2024 009 $0 $336,251,100 0.00 $1,870,026 $0 2024 Total $8,077,300 $336,251,100 2.40 $1,870,026 $44,881 2023 003 $53,500 $306,951,300 0.02 $1,835,825 $367 2023 004 $0 $306,951,300 0.00 $1,835,825 $0 2023 005 $0 $306,951,300 0.00 $1,835,825 $0 Page 3 of 5 Form PE-300 TID Annual Report 2025 WI Dept of Revenue 2023 006 $66,200 $306,951,300 0.02 $1,835,825 $367 2023 007 $0 $306,951,300 0.00 $1,835,825 $0 2023 008 $2,491,400 $306,951,300 0.81 $1,835,825 $14,870 2023 009 $-28,200 $306,951,300 -0.01 $1,835,825 $-184 2023 Total $2,582,900 $306,951,300 0.84 $1,835,825 $15,421 Page 4 of 5 Form PE -300 TID Annual Report 2025 WI Dept of Revenue Section 7 — Preparer/Contact Information Preparer name Alex B. Chown Preparer title Clerk/Treasurer Preparer email city.admin@blackriverfallswi.gov Preparer phone (715) 284-2315 Contact name Alex Chown Contact title City Administrator Contact email city.admin@blackriverfalls.us Contact phone (715) 284-2315 Submission Information Co-muni code 27206 TID number 003 Submission date 03-31-2026 01:43 PM Confirmation TIDAR20250758O1774970761080 Submission type ORIGINAL Page 5 of 5 07‘ BLACK RIVER FALLS 101 South Second Street Black River Falls, WI 54615 www.blackriverfallswi.gov P: 715-284-5514 / F: 715-284-1777 CITY OF BLACK RIVER FALLS TAX INCREMENTAL FINANCING DISTRICT NO. 3 SUPER WAL-MART COMPILED BALANCE SHEET December 31, 2025 ASSETS Capital Projects Fund 1,118,385 306,565 $ 1,424,950 Cash Taxes receivable TOTAL ASSETS LIABILITIES AND FUND BALANCES Liabilities Deferred Revenue 306,565 Total Liabilities 306,565 FUND BALANCES Unreserved Undesignated $ 1,118,385 TOTAL LIABILITIES AND FUND BALANCES $ 1,424,950 TID Base Value 2024 496,100 TID Increment Value 2024 16,571,900 Total TID Value 2024 $ 17,068,000 Fine Place 7'o Raise your Family - Dynamic Location For your Business BLACK RIVER FALLS 101 South Second Street Black River Falls, WI 54615 www.blackriverfallswi.gov P: 715-284-5514 / F: 715-284-1777 CITY OF BLACK RIVER FALLS TAX INCREMENTAL FINANCING DISTRICT NO. 3 COMPILED HISTORICAL SUMMARY OF SOURCES, USES AND STATUS OF FUNDS For the Year Ended December 31, 2025 And From the Date of Creation Through December 31, 2025 SOURCES OF FUNDS Year Ended From Date of Creation Tax Increments 307,235 5,907,625 Special Assessments Exempt Computer Aid 4,616 57,050 Exempt Personal Property Aid 22,980 56,875 Proceeds from Long-Term Debt 6,228,299 Transfer In 24,607 Sale of Property Total Sources 334,831 $ 12,274,456 USES OF FUNDS Capital/Admin/Other Expenditures 10,150 5,029,577 Interest and Fiscal Charges 21,994 616,364 Principal of Long-term Debt 247,000 5,233,518 Transfer Out 276,612 Total Uses 279,144 $ 11,156,071 Fund Balance (Deficit) - Beginning of Year $ 1,062,698 Net Income (Loss) 55,687 $ 1,118,385 FUND BALANCE (DEFICIT) - END OF YEAR $ 1,118,385 $ 1,118,385 J4. Fine PCace 1"-o Raise Your Family - 9t Dynamic Location For your Business 3/31/2026 9:37 AM Dated From: 1/01/2025 Thru: 12/31/2025 Fund # 403 - TIF #3 MC FOUR Transactions Detail Report - Full Description From Account: 403.00-11100.000.000 Thru Account: 403.00.11100.000.000 Type of Account: Active Debit Page: 1 ACCT Credit 403.00.11100-000.000 Posting Transaction TIF #3 MC FOUR TREASURE'S CASH Date Type Number Date 1/01/2025 BAL 1/02/2025 Beginning Balances Posted 01/02/2025 1,062,697.79 From Account 403.00-11100.000-000 2/25/2025 CMP 2/25/2025 Checks Posted 02125/2025 268,810.46 3/01/2025 CMP 3/01/2025 Checks Posted 03/01/2025 183.29 4/15/2025 CMP 4/15/2025 Checks Posted 04/15/2025 150.00 5/31/2025 JE EOM 2025 05 5/31/2025 MAY 2025 EOM JE'S 5,349.99 2024 EXEMPT PP AID 5/31/2025 JE EOM 2025 05 5/31/2025 MAY 2025 EOM JE'S 17,630.14 2024 ACT 12 PP AID 7/31/2025 JE EOM 2025 07 7/31/2025 JULY 2025 EOM JE'S 4,615.96 EXEMPT COMPUTER AID TID 3 8121/2025 JE JE-3857 8/21/2025 TSF TAX COLLECTIONS TO PROPER ACCTS 307,234.71 Transfer Funds to Proper Accounts 12/31/2025 JE JE-3963 12/31/2025 TO RECORD TIF ADMINISTRATIVE FEES 10,000.00 2025 Admin Fees Ending Balance: 1,118,384.84 Fund Totals: Beginning 0.00 0.00 1,397,528.59 279,143.75 Ending 1,118,384.84 0.00 3/3112026 9:29 AM Account Number Budget Comparison - Detail Fund: 403 - TIF #3 MC FOUR 2025 2025 Actual December 12/31/2025 2025 Budget Page: ACCT Budget Status 1 °A of Budget 403.00.41110.000.000 GENERAL PROPERTY TAX 0.00 307,234.71 307,234.71 0.00 100.00 403.00-42000.000.000 SPECIAL ASSESSMENTS 0.00 0.00 0.00 0.00 0.00 403.00.43430-000.000 EXEMPT COMPUTER AID 0.00 4,615.96 0.00 4,615.96 0.00 403.00-43431.000-000 ACT 12 PERSONAL PROPERTY AID 0.00 22,980.13 0.00 22,980.13 0.00 403.00.46100.000.000 GENERAL GOVERN MISC REV 0.00 0.00 0.00 0.00 0.00 403.00.48101.000.000 INTEREST ON SPECIAL ASSESSMNTS 0.00 0.00 0.00 0.00 0.00 403.00.49000.000.000 TRANSFER IN 0.00 0.00 0.00 0.00 0.00 403.00-49103.000-000 PROCEEDS - LONG TERM DEBT 0.00 0.00 0.00 0.00 0.00 Total Revenues 0.00 334,830.80 307,234.71 27,596.09 108.98 313112026 9:29AM Account Number Budget Comparison - Detail Fund: 403 - TIF #3 MC FOUR 2025 2025 Actual December 12131/2025 2025 Budget Page: ACCT Budget Status 2 % of Budget 403-00-56000-000.000 TIF OTHER EXPENSE 43,589.63 43,589.63 0.00 -43,589.63 0.00 403-00.57730-200.000 TIF #3 WALMART 0.00 150.00 0.00 -150.00 0.00 403.00-58100-610.000 PRINCIPAL LIT DEBT 0.00 247,000.00 0.00 -247,000.00 0.00 403-00.58200.620-000 INTEREST LIT DEBT 0.00 21,993.75 0.00 -21,993.75 0.00 403.00.59000-200.000 TRANSFER OUT 0.00 0.00 0.00 0.00 0.00 Total Expenses 43,589.63 312,733.38 0.00 -312,733.38 0.00 Net Totals -43,589.63 22,097.42 307,234.71 285,137.29 7.19 3/31/2026 10:12 AM Dated From: 1/01/2025 Thru: 12/31/2025 Fund # 403 • TIF #3 MC FOUR Transactions Detail Report- Full Description From Account: 403.00.56000.000.000 Thru Account: 403.00-56000.000-000 Type of Account: Page: 1 ACCT Active Debit Credit 403.00.56000-000.000 Posting Transaction TIF OTHER EXPENSE Date Type Number Date 12/31/2025 JE JE-3963 12/31/2025 TO RECORD TIF ADMINISTRATIVE FEES 10,000.00 12/3112025 CMP 76641 1/20/2026 ---_, 2025 Admin Fees ,_ — — XYR CHK # 76641 - WALMART REAL ESTATE BUSINES 1,443.40 2021 WALMART ASSESSMENT SETTLEMENT ' '12/31/2025 CMP 76641 1/20/2026 XYR CHK # 76641 - WALMART REAL ESTATE BUSINES 2022 WALMART ASSESSMENT SETTLEMENT 1,495.13 rz yr52.-‘e 12/31/2025 CMP 76641 1/20/2026 XYR CHK # 76641 - WALMART REAL ESTATE BUSINES 1,439.91 2023 WALMART ASSESSMENT SETTLEMENT 3 -j c,S9 ti, 3 12/31/2025 CMP 76641 1/20/2026 XYR CHK # 76641 - WALMART REAL ESTATE BUSINES 29,211.19 - I 2024 WALMART ASSESSMENT SETTLEMENT Ending Balance: 43,589.63 'i \A Fund Totals: Beginning 0.00 0.00 __--- -- 43,589.63 0.0 Ending 43,589.63 0.00 4/01/2026 9:25 AM Dated From: Thru: 1/01/2025 12/31/2025 Account Number Balance Sheet Detail Report Fund: 403 - TIF #3 MC FOUR Debit Page: 1 ACCT Credit 403-00-11100-000-000 403-00-12101-000-000 403-00-12600-000-000 403-00-13100-000-000 TIF #3 MC FOUR TREASURE'S CASH TAXES RECEIVABLE S/A - STORM WATER STUDY ACCTS RECEIVABLE/SUNDRY 1,118,384.84 306,565.47 TOTAL ASSETS 1,424,950.31 403-00-21100 -000-000 403-00-25101 -000-000 403-00-26000 -000-000 403-00-26001 -000-000 SUNDRY ACCOUNTS PAYABLE DUE TO WATER DEPARTMENT DEFERRED REVENUE - TAX ROLL DEFERRED REVENUE - S/A 33,589.63 306,565.47 TOTAL LIABILITY 340,155.10 403 -00 -34000 -000- 000 FUND BALANCE - UNDESIGNATED 1,062,697.79 403 -00 -39500 -000- 000 EXPENDITURE CONTROL 403 -00 -39600 -000 -000 REVENUE CONTROL TOTAL FUND EQUITY 1,062,697.79 2025 Revenues 334,830.80 2025 Expenditures 312,733.38 GRAND TOTALS 1,737,683.69 1,737,683.69 Form PE -300 TID Annual Report 2025 WI Dept of Revenue Section 1 — Municipality and TID Co-muni code 27206 Municipality BLACK RIVER FALLS County JACKSON Due date 07/01/2026 Report type ORIGINAL TID number 006 TID type 2 TID name Downtown District Creation date 05/03/2017 Mandatory termination date 05/03/2045 Anticipated termination date N/A Section 2 — Beginning Balance Amount TID fund balance at beginning of year $228,403 Section 3 — Revenue Amount Tax increment $56,717 Investment income Debt proceeds Special assessments Shared revenue $8,689 Sale of property Allocation from another TID TID number Developer guarantees Developer name Transfer from other funds Source Grants Source Other revenue Source Total Revenue (deposits) $65,406 Page 1 of 5 Form PE-300 TID Annual Report 2025 WI Dept of Revenue Section 4 — Expenditures Amount Capital expenditures $8,223 Administration $10,000 Professional services 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 TID number Developer grants Developer name None $0 Transfer to other funds Fund Other expenditures Name Total Expenditures $18,373 Section 5 — Ending Balance Amount TID fund balance at end of year $275,436 Future costs $0 Future revenue $0 Surplus or deficit $275,436 Page 2 of 5 Form PE -300 TID Annual Report 2025 WI Dept of Revenue Section 6 — TID New Construction Current Year TID New Construction Values TID TID New Construction Increase TID New Construction Decrease Prior Year Correction TID Net New Construction (NNC) 003 $0 $0 $-1,800 $-1,800 006 $111,500 $0 $-400 $111,100 007 $0 $0 $0 $0 008 $3,466,500 $0 $551,200 $4,017,700 009 $90,100 $0 $0 $90,100 Total $3,668,100 $0 $549,000 $4,217,100 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 003 $-1,800 $348,035,500 0.00 $1,946,791 $0 006 $111,100 $348,035,500 0.03 $1,946,791 $584 007 $0 $348,035,500 0.00 $1,946,791 $0 008 $4,017,700 $348,035,500 1.15 $1,946,791 $22,388 009 $90,100 $348,035,500 0.03 $1,946,791 $584 Total $4,217,100 $348,035,500 1.21 $1,946,791 $23,556 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $0 $0 Historical Allowable Levy Increase Attributable to TID NNC Year 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 2024 003 $150,000 $336,251,100 0.04 $1,870,026 $748 2024 006 $30,000 $336,251,100 0.01 $1,870,026 $187 2024 007 $0 $336,251,100 0.00 $1,870,026 $0 2024 008 $7,897,300 $336,251,100 2.35 $1,870,026 $43,946 2024 009 $0 $336,251,100 0.00 $1,870,026 $0 2024 Total $8,077,300 $336,251,100 2.40 $1,870,026 $44,881 2023 003 $53,500 $306,951,300 0.02 $1,835,825 $367 2023 004 $0 $306,951,300 0.00 $1,835,825 $0 2023 005 $0 $306,951,300 0.00 $1,835,825 $0 Page 3 of 5 Form PE -300 TID Annual Report 2025 WI Dept of Revenue 2023 006 $66,200 $306,951,300 0.02 $1,835,825 $367 2023 007 $0 $306,951,300 0.00 $1,835,825 $0 2023 008 $2,491,400 $306,951,300 0.81 $1,835,825 $14,870 2023 009 $-28,200 $306,951,300 -0.01 $1,835,825 $-184 2023 Total $2,582,900 $306,951,300 0.84 $1,835,825 $15,421 Page 4 of 5 Form PE-300 TID Annual Report 2025 WI Dept of Revenue Section 7 — Preparer/Contact Information Preparer name Alex B. Chown Preparer title Clerk/Treasurer Preparer email city.admin@blackriverfallswi.gov Preparer phone (715) 284-2315 Contact name Alex Chown Contact title City Administrator Contact email city.admin@blackriverfalls.us Contact phone (715) 284-2315 Submission Information Co-muni code 27206 TID number 006 Submission date 03-31-2026 02:38 PM Confirmation TI DAR20250758O1774985888724 Submission type ORIGINAL Page 5 of 5 41I C4 0,4 BLACK RIVER FALLS 101 South Second Street Black River Falls, WI 54615 www.blackriverfallswi.gov P: 715-284-5514 / F: 715-284-1777 CITY OF BLACK RIVER FALLS TAX INCREMENTAL FINANCING DISTRICT NO. 6 DOWNTOWN DISTRICT COMPILED BALANCE SHEET December 31, 2025 ASSETS Capital Projects Fund Cash 275,435 Taxes receivable 93,868 TOTAL ASSETS 369,303 LIABILITIES AND FUND BALANCES Liabilities Deferred Revenue 93,868 Total Liabilities 93,868 FUND BALANCES Unreserved Undesignated 275,435 TOTAL LIABILITIES AND FUND BALANCES 369,303 TID Base Value 2024 $ 7,419,400 TID Increment Value 2024 $ 5,074,200 Total TID Value 2024 $ 12,493,600 fine PCace TO Raise your Family - A Dynamic Location For your Business 41 BLACK RIVER FALLS 101 South Second Street Black River Falls, WI 54615 www.blackriverfallswi.gov P: 715-284-5514 / F: 715-284-1777 CITY OF BLACK RIVER FALLS TAX INCREMENTAL FINANCING DISTRICT NO. 6 COMPILED HISTORICAL SUMMARY OF SOURCES, USES AND STATUS OF FUNDS For the Year Ended December 31, 2025 And From the Date of Creation Through December 31, 2025 SOURCES OF FUNDS Year Ended From Date of Creation Tax Increments 56,716 258,014 Special Assessments Miscellaneous (Audit AJE) 12,652 Exempt Personal Property 8,689 8,689 Proceeds from Long-term Debt Sale of Property Transfer In 350,000 Total Sources 65,405 629,355 USES OF FUNDS Capital/Admin/Other Expenditures 18,373 353,920.00 Interest and Fiscal Charges Transfer Out Principal of Long-term Debt Total Uses 18,373 353,920 Fund Balance (Deficit) - Beginning of Year $ 228,403 Net Income (Loss) 47,032 275,435 FUND BALANCE (DEFICIT) - END OF YEAR $ 275,435 275,435 A. Fine PCace TO Raise Your Family - A. Dynamic Location For Your Business 3/31/2026 9:37 AM Dated From: 1/01/2025 Thru: 12/31/2025 Fund # 406 - TIF #6 DOWNTOWN Transactions Detail Report - Full Description From Account: 406.00.11100-000-000 Thru Account: 406.00.11100.000.000 Type of Account: Active Debit Page: 1 ACCT Credit 406-00.11100.000.000 Posting Transaction TIF #6 DOWNTOWN TREASURER CASH Date Type Number Date 1/01/2025 BAL 1/02/2025 Beginning Balances Posted 01/02/2025 228,402.76 From Account 406.00.11100-000.000 4/15/2025 CMP 4/15/2025 Checks Posted 04/15/2025 150.00 4/22/2025 CMP 4/22/2025 Checks Posted 04/22/2025 1,034.75 4/29/2025 CMP 4/29/2025 Checks Posted 04/29/2025 200.28 5/06/2025 CMP 5106/2025 Checks Posted 05/06/2025 151.40 5/20/2025 CMP 5/20/2025 Checks Posted 05/20/2025 6,812.00 5/31/2025 JE EOM 2025 05 5/31/2025 MAY 2025 EOM JE'S 8,689.00 2024 ACT 12 PP AID 6/10/2025 CMP 6/10/2025 Checks Posted 06/10/2025 24.73 8/21/2025 JE JE-3857 8/21/2025 TSF TAX COLLECTIONS TO PROPER ACCTS 56,716.39 Transfer Funds to Proper Accounts 12/31/2025 JE JE-3963 12/31/2025 TO RECORD TIF ADMINISTRATIVE FEES 10,000.00 2025 Admin Fees Ending Balance: 275,434.99 Fund Totals: Beginning 0.00 0.00 293,808.15 18,373.16 Ending 275,434.99 0.00 3/31/2026 9:29 AM Account Number Budget Comparison - Detail Fund: 406 - TIF #6 DOWNTOWN 2025 2025 Actual December 12/31/2025 2025 Budget Page: ACCT Budget Status 1 % of Budget 406.00.41110-000-000 GENERAL PROPERTY TAX 0.00 56,716.39 56,716.39 0.00 100.00 406.00-43430.000.000 EXEMPT COMPUTER AID 0.00 0.00 0.00 0.00 0.00 406.00.43431.000.000 ACT 12 PERSONAL PROPERTY AID 0.00 8,689.00 0.00 8,689.00 0.00 406.00-48920.000.000 TRANSFER IN 0.00 0.00 0.00 0.00 0.00 406.00.49100.000.000 PROCEEDS FROM LIT DEBT 0.00 0.00 0.00 0.00 0.00 Total Revenues 0.00 65,405.39 56,716.39 8,689.00 115.32 3/3112026 9:29 AM Account Number Budget Comparison - Detail Fund: 406 - TIF #6 DOWNTOWN 2025 2025 Actual December 12/31/2025 2025 Budget Page: ACCT Budget Status 2 % of Budget 406.00-56000-000.000 TIF OTHER EXPENSE 10,000.00 ,117,146.84 0.00 117,146.84 0.00 406-00-57730.200-000 TIF #6 DOWNTOWN 0.00 150.00 0.00 -150.00 0.00 406.00.58100.610-000 PRINCIPAL LIT DEBT 0.00 0.00 0.00 0.00 0.00 406.00.58200.620.000 INTEREST LIT DEBT 0.00 0.00 0.00 0.00 0.00 406-00.59000.200-000 TRANSFER OUT 0.00 0.00 0.00 0.00 0.00 Total Expenses 10,000.00 -116,996.84 0.00 116,996.84 0.00 Net Totals -10,000.00 182,402.23 56,716.39 -125,685.84 321.60 4/01/2026 9:25 AM Balance Sheet Detail Report Dated From: 1/01/2025 Thru: 12/31/2025 Account Number Fund: 406 - TIF #6 DOWNTOWN Page: 1 ACCT Debit Credit 406-00-11100-000-000 TIF #6 DOWNTOWN TREASURER CASH 275,434.99 406-00-12101-000-000 TAXES RECEIVABLE 93,868.20 TOTAL ASSETS 369,303.19 406-00-21100-000-000 406-00-26000-000-000 TOTAL LIABILITY SUNDRY ACCOUNTS PAYABLE DEFERRED REVENUE - TAX ROLL 93,868.20 93,868.20 406-00-34000-000-000 406-00-39500-000-000 406-00-39600-000-000 FUND BALANCE - UNDESIGNATED EXPENDITURE CONTROL REVENUE CONTROL 93,032.76 TOTAL FUND EQUITY 2025 Revenues 2025 Expenditures 93,032.76 65,405.39 116,996.84 GRAND TOTALS 369,303.19 369,303.19 Form PE -300 TID Annual Report 2025 WI Dept of Revenue Section 1 — Municipality and TID Co-muni code 27206 Municipality BLACK RIVER FALLS County JACKSON Due date 07/01/2026 Report type ORIGINAL TID number 007 TID type 5 TID name Industrial Park II Creation date 05/02/2017 Mandatory termination date 05/02/2038 Anticipated termination date N/A Section 2 — Beginning Balance Amount TID fund balance at beginning of year $3,052 Section 3 — Revenue Amount Tax increment $6,532 Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID TID number Developer guarantees Developer name Transfer from other funds Source Grants Source Other revenue Source Total Revenue (deposits) $6,532 Page 1 of 5 Form PE-300 TID Annual Report 2025 WI Dept of Revenue Section 4 — Expenditures Amount Capital expenditures Administration Professional services 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 TID number Developer grants Developer name None $0 Transfer to other funds Fund Other expenditures Name Total Expenditures $150 Section 5 — Ending Balance Amount TID fund balance at end of year $9,434 Future costs $0 Future revenue $0 Surplus or deficit $9,434 Page 2 of 5 Form PE -300 TID Annual Report 2025 WI Dept of Revenue Section 6 — TID New Construction Current Year TID New Construction Values TID TID New Construction Increase TID New Construction Decrease Prior Year Correction TID Net New Construction (NNC) 003 $0 SO $-1,800 $-1,800 006 $111,500 $0 $-400 $111,100 007 $0 $0 $0 $0 008 $3,466,500 $0 $551,200 $4,017,700 009 $90,100 $0 $0 $90,100 Total $3,668,100 $0 $549,000 $4,217,100 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 003 $-1,800 $348,035,500 0.00 $1,946,791 $0 006 $111,100 $348,035,500 0.03 $1,946,791 $584 007 $0 $348,035,500 0.00 $1,946,791 $0 008 $4,017,700 $348,035,500 1.15 $1,946,791 $22,388 009 $90,100 $348,035,500 0.03 $1,946,791 $584 Total $4,217,100 $348,035,500 1.21 $1,946,791 $23,556 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $0 $0 Historical Allowable Levy Increase Attributable to TID NNC Year 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 2024 003 $150,000 $336,251,100 0.04 $1,870,026 $748 2024 006 $30,000 $336,251,100 0.01 $1,870,026 $187 2024 007 $0 $336,251,100 0.00 $1,870,026 $0 2024 008 $7,897,300 $336,251,100 2.35 $1,870,026 $43,946 2024 009 $0 $336,251,100 0.00 $1,870,026 $0 2024 Total $8,077,300 $336,251,100 2.40 $1,870,026 $44,881 2023 003 $53,500 $306,951,300 0.02 $1,835,825 $367 2023 004 $0 $306,951 ,300 0.00 $1,835,825 $0 2023 005 $0 $306,951,300 0.00 $1,835,825 $0 Page 3 of 5 Form PE -300 TID Annual Report 2025 WI Dept of Revenue 2023 006 $66,200 $306,951,300 0.02 $1,835,825 $367 2023 007 $0 $306,951,300 0.00 $1,835,825 $0 2023 008 $2,491,400 $306,951,300 0.81 $1,835,825 $14,870 2023 009 $-28,200 $306,951,300 -0.01 $1,835,825 $-184 2023 Total $2,582,900 $306,951,300 0.84 $1,835,825 $15,421 Page 4 of 5 Form PE-300 TID Annual Report 2025 WI Dept of Revenue Section 7 — Preparer/Contact Information Preparer name Alex B. Chown Preparer title Clerk/Treasurer Preparer email city.admin@blackriverfallswi.gov Preparer phone (715) 284-2315 Contact name Alex Chown Contact title City Administrator Contact email city.admin@blackriverfalls.us Contact phone (715) 284-2315 Submission Information Co-muni code 27206 TID number 007 Submission date 03-31-2026 02:42 PM Confirmation TIDAR20250758O1774986146725 Submission type ORIGINAL Page 5 of 5 JI‘as LACK RIVER FALLS 101 South Second Street Black River Falls, WI 54615 www.blackriverfallswi.gov P: 715-284-5514 / F: 715-284-1777 CITY OF BLACK RIVER FALLS TAX INCREMENTAL FINANCING DISTRICT NO. 7 INDUSTRIAL PARK II COMPILED BALANCE SHEET December 31, 2025 ASSETS Capital Project Fund Cash 9,434 Taxes receivable 7,148 TOTAL ASSETS 16,582 LIABILITIES AND FUND BALANCES Liabilities Accounts Payable Deferred Revenue 7,148 Total Liablilities 7,148 FUND BALANCES Unreserved Undesignated 9,434 TOTAL LIABILITIES AND FUND BALANCES 16,582 TID Base Value 2024 $0 TID Increment Value 2024 $386,400 Total TID Value 2024 $386,400 A Fine Place To Raise your Family - A Dynamic Location For Your Business LACK RIVER FALLS 101 South Second Street Black River Falls, WI 54615 www.blackriverfallswi.gov P: 715-284-5514 / F: 715-284-1777 CITY OF BLACK RIVER FALLS TAX INCREMENTAL FINANCING DISTRICT NO. 7 COMPILED HISTORICAL SUMMARY OF SOURCES, USES AND STATUS OF FUNDS For the Year Ended December 31, 2025 And From the Date of Creation Through December 31, 2025 SOURCES OF FUNDS Year Ended From Date of Creation Tax Increments 6,533 30,285 Special Assessments Exempt Computer Aid Proceeds from Long-Term Debt Grant Sale of Property Total Sources 6,533 30,285 USES OF FUNDS Capital/Admin/Other Expenditures 150 20,851 Transfer Out Interest and Fiscal Charges Principal of Long-term Debt Total Uses 150 20,851 Fund Balance (Deficit) - Beginning of Year 3,051 Net Income (Loss) 6,383 9,434 FUND BALANCE (DEFICIT) - END OF YEAR 9,434 9,434 _A Fine Trace To Raise pour Family - Dynamic Location For your Business 3/31/2026 9:37 AM Dated From: 1/01/2025 Thru: 12/31/2025 Fund # 407 - TIF #7 INDUSTRIAL PARK (2) Transactions Detail Report - Full Description From Account: 407.00.11100-000.000 Thru Account: 407.00-11100.000-000 Type of Account: Active Debit Page: 1 ACCT Credit 407-00.11100.000.000 Posting Date Type Transaction Number TIF #7 INDUSTRIAL PARK (2) Date 1/01/2025 BAL 1/02/2025 Beginning Balances Posted 01/02/2025 3,051.49 From Account 407.00-11100.000.000 4/15/2025 CMP 4/15/2025 Checks Posted 04/15/2025 150.00 4/29/2025 CMP 4/29/2025 Checks Posted 04/29/2025 33.00 5/06/2025 CMP 5/06/2025 Checks Posted 05/06/2025 3,300.00 5/19/2025 JE JE-3803 5/19/2025 MOVE FUNDS 3,333.00 8/2112025 JE JE-3857 8/21/2025 TSF TAX COLLECTIONS TO PROPER ACCTS 6,532.30 Transfer Funds to Proper Accounts Ending Balance: 9,433.79 Fund Totals: Beginning 0.00 0.00 12,916.79 3,483.00 Ending 9,433.79 0.00 3/31/2026 9:29 AM Fund: Budget Comparison - Detail 407 - TIF #7 INDUSTRIAL PARK 2025 2025 Actual (2) 2025 Page: ACCT Budget 1 % of Account Number December 12/31/2025 Budget Status Budget 407.00.41110.000-000 GENERAL PROPERTY TAX 0.00 6,532.30 6,532.30 0.00 100.00 407.00.43430.000.000 EXEMPT COMPUTER AID 0.00 0.00 0.00 0.00 0.00 407.00.43431.000.000 EXEMPT PERSONAL PROPERTY AID 0.00 0.00 0.00 0,00 0.00 407-00.49100.000-000 PROCEEDS FROM LIT DEBT 0.00 0.00 0.00 0.00 0.00 Total Revenues 0.00 6,532.30 6,532.30 0.00 100.00 3/31/2026 9:29 AM Fund: Account Number Budget Comparison - Detail 407 - TIF #7 INDUSTRIAL PARK 2025 2025 Actual December 12/31/2025 (2) 2025 Budget Page: ACCT Budget Status 2 % of Budget 407.00.56000.000-000 TIF OTHER EXPENSE 0.00 0.00 0.00 0.00 0.00 407.00.57731-200-000 TIF #7 INDUSTRIAL PARK (2) 0.00 150.00 0.00 -150.00 0.00 407.00.58100.610.000 PRINCIPAL LIT DEBT 0.00 0.00 0.00 0.00 0.00 407.00.58200-620.000 INTEREST LIT DEBT 0.00 0.00 0.00 0.00 0.00 407.00.59000.000-000 TRANSFER OUT 0.00 0.00 0.00 0.00 0.00 Total Expenses 0.00 150.00 0.00 -150.00 0.00 Net Totals 0.00 6,382.30 6,532.30 150.00 97.70 4/01/2026 9:25 AM Dated From: 1/01/2025 Thru: 12/31/2025 Account Number Balance Sheet Detail Report Fund: 407 - TIF #7 INDUSTRIAL PARK (2) Debit Page: 1 ACCT Credit 407-00-11100-000-000 407-00-12101-000-000 TOTAL ASSETS 407-00-21100-000-000 TIF #7 INDUSTRIAL PARK (2) TAXES RECEIVABLE 9,433.79 7,148.06 16,581.85 SUNDRY ACCOUNTS PAYABLE 407-00-26000-000-000 DEFERRED REVENUE - TAX ROLL 7,148.06 TOTAL LIABILITY 7,148.06 407-00-34000-000-000 FUND BALANCE - UNDESIGNATED 3,051.49 407-00-39500-000-000 EXPENDITURE CONTROL 407-00-39600-000-000 REVENUE CONTROL TOTAL FUND EQUITY 3,051.49 2025 Revenues 6,532.30 2025 Expenditures 150.00 GRAND TOTALS 16,731.85 16,731.85 Form PE-300 TID Annual Report 2025 WI Dept of Revenue Section 1 — Municipality and TID Co-muni code 27206 Municipality BLACK RIVER FALLS County JACKSON Due date 07/01/2026 Report type ORIGINAL TID number 008 TID type 6 TID name SWIDERSKI Creation date 09/29/2021 Mandatory termination date 09/29/2041 Anticipated termination date N/A Section 2 — Beginning Balance Amount TID fund balance at beginning of year $-252,694 Section 3 — Revenue Amount Tax increment $307,196 Investment income $3,063 Debt proceeds $250,000 Special assessments Shared revenue Sale of property Allocation from another TID TID number Developer guarantees Developer name Transfer from other funds Source Grants Source Other revenue Source Total Revenue (deposits) $560,259 Page 1 of 5 Form PE-300 TID Annual Report 2025 WI Dept of Revenue Section 4 — Expenditures Amount Capital expenditures $1,060 Administration $10,000 Professional services Interest and fiscal charges $98,113 DOR fees $150 Discount on long-term debt Debt issuance costs $400 Principal on long-term debt $120,000 Environmental costs Real property assembly costs Allocation to another TID TID number Developer grants Developer name SC Swiderski $0 Transfer to other funds Fund Other expenditures Name Total Expenditures $229,723 Section 5 — Ending Balance Amount TID fund balance at end of year $77,842 Future costs $0 Future revenue $0 Surplus or deficit $77,842 Page 2 of 5 Form PE -300 TID Annual Report 2025 WI Dept of Revenue Section 6 — TID New Construction Current Year TID New Construction Values TID TID New Construction Increase TID New Construction Decrease Prior Year Correction TID Net New Construction (NNC) 003 $0 $0 $-1,800 $-1,800 006 $111,500 $0 $-400 $111,100 007 $0 $0 $0 $0 008 $3,466,500 $0 $551,200 $4,017,700 009 $90,100 $0 $0 $90,100 Total $3,668,100 $0 $549,000 $4,217,100 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 003 $-1,800 $348,035,500 0.00 $1,946,791 $0 006 $111,100 $348,035,500 0.03 $1,946,791 $584 007 $0 $348,035,500 0.00 $1,946,791 $0 008 $4,017,700 $348,035,500 1.15 $1,946,791 $22,388 009 $90,100 $348,035,500 0.03 $1,946,791 $584 Total $4,217,100 $348,035,500 1.21 $1,946,791 $23,556 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $0 $0 Historical Allowable Levy Increase Attributable to TID NNC Year 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 2024 003 $150,000 $336,251,100 0.04 $1,870,026 $748 2024 006 $30,000 $336,251,100 0.01 $1,870,026 $187 2024 007 $0 $336,251,100 0.00 $1,870,026 $0 2024 008 $7,897,300 $336,251,100 2.35 $1,870,026 $43,946 2024 009 $0 $336,251,100 0.00 $1,870,026 $0 2024 Total $8,077,300 $336,251,100 2.40 $1,870,026 $44,881 2023 003 $53,500 $306,951,300 0.02 $1,835,825 $367 2023 004 $0 $306,951,300 0.00 $1,835,825 $0 2023 005 $0 $306,951,300 0.00 $1,835,825 $0 Page 3 of 5 Form PE -300 TID Annual Report 2025 WI Dept of Revenue 2023 006 $66,200 $306,951,300 0.02 $1,835,825 $367 2023 007 $0 $306,951,300 0.00 $1,835,825 $0 2023 008 $2,491,400 $306,951,300 0.81 $1,835,825 $14,870 2023 009 $-28,200 $306,951,300 -0.01 $1,835,825 $-184 2023 Total $2,582,900 $306,951,300 0.84 $1,835,825 $15,421 Page 4 of 5 Form PE -300 TID Annual Report 2025 WI Dept of Revenue Section 7 — Preparer/Contact Information Preparer name Alex B. Chown Preparer title Clerk/Treasurer Preparer email city.admin@blackriverfallswi.gov Preparer phone (715) 284-2315 Contact name Alex Chown Contact title City Administrator Contact email city.admin@blackriverfalls.us Contact phone (715) 284-2315 Submission Information Co•muni code 27206 TID number 008 Submission date 03-31-2026 02:59 PM Confirmation TIDAR20250758O1774987171330 Submission type ORIGINAL Page 5 of 5 BLACK RIVER FALLS 101 South Second Street Black River Falls, WI 54615 www.blackriverfallswi.gov P: 715-284-5514 / F: 715-284-1777 CITY OF BLACK RIVER FALLS TAX INCREMENTAL FINANCING DISTRICT NO. 8 SWIDERSKI COMPILED BALANCE SHEET December 31, 2025 ASSETS Capital Project Fund Cash 77,842 Taxes receivable 218,839 TOTAL ASSETS 296,681 LIABILITIES AND FUND BALANCES Liabilities Accounts Payable Deferred Revenue 218,839 Total Liablilities 218,839 FUND BALANCES Unreserved Undesignated 77,842 TOTAL LIABILITIES AND FUND BALANCES 296,681 TID Base Value 2024 $338,600 TID Increment Value 2024 $11,829,700 Total TID Value 2024 $12,168,300 Fine Place 7-o Raise your Family - Yl Dynamic Location For your Business F&A LACK RIVER FALLS 1O1 South Second Street Black River Falls, WI 54615 www.blackriverfallswi.gov P: 715-284-5514 / F: 715-284-1777 CITY OF BLACK RIVER FALLS TAX INCREMENTAL FINANCING DISTRICT NO. 8 COMPILED HISTORICAL SUMMARY OF SOURCES, USES AND STATUS OF FUNDS For the Year Ended December 31, 2025 And From the Date of Creation Through December 31, 2025 SOURCES OF FUNDS Year Ended From Date of Creation Tax Increments 307,196 359,197 Special Assessments Exempt Computer Aid Draw From Investments 1,393,773 Unrealized Gains/Losses - Investments 4,919 Proceeds from Long-Term Debt 250,000 00 3,184,769 Interest Income 28,437 Sale of Property Miscellaneous (Audit AJE) 19,307 Total Sources $ 557,196 $ 4,990,402 USES OF FUNDS Capital/Admin/Other Expenditures 11,210 2,799,057 Transfer Out Temporary Investments 1,568,828 Investment Management Fees 49 Cost of Debt Issuance 400 100,036 Interest and Fiscal Charges 98,113 324,590 Principal of Long-term Debt 120,000.00 120,000 Total Uses $ 229,723 $ 4,912,560 Fund Balance (Deficit) - Beginning of Year $ (249,631) Net Income (Loss) $ 327,473 $ 77,842 FUND BALANCE (DEFICIT) - END OF YEAR $ 77,842 $ 77,842 51 Fine Place 'O Raise Your Family - i4. Dynamic Location For Your Business 3/31/2026 9:38 AM Dated From: 1/01/2025 Thru: 12/31/2025 Fund # 408 - TIF #8 SWIDERSKI Transactions Detail Report - Full Description From Account: 408-00.11100-000.000 Thru Account: 408.00.11100.000.000 Type of Account: Active Debit Page: 1 ACCT Credit 408.00.11100.000-000 Posting Transaction TIF #8 SWIDERSKI TREAS CASH Date Type Number Date 1/01/2025 BAL 1/02/2025 Beginning Balances Posted 01/02/2025 252,693.75 From Account 408.00.11100.000.000 1/01/2025 BAL 1/24/2025 Beginning Balances Posted 01/24/2025 3,062.55 From Account 408.00.11100-000-000 3/21/2025 CMP 3/21/2025 Receipts Posted 03/21/2025 250,000.00 4/15/2025 CMP 4/15/2025 Checks Posted 04/15/2025 150.00 5/13/2025 CMP 5/13/2025 Checks Posted 05/13/2025 49,456.25 8/21/2025 JE JE-3857 8/21/2025 TSF TAX COLLECTIONS TO PROPER ACCTS 200,171.84 Transfer Funds to Proper Accounts 8/26/2025 CMP 8/26/2025 Checks Posted 08/26/2025 10.48 8/28/2025 CMP 8/28/2025 Receipts Posted 08/28/2025 107,024.46 9/30/2025 CMP 9/30/2025 Checks Posted 09/30/2025 1,050.00 11/11/2025 CMP 11/11/2025 Checks Posted 11/11/2025 169,056.25 11/25/2025 CMP 11/25/2025 Checks Posted 11/25/2025 169,056.25 11/26/2025 JE JE-3910 11/26/2025 TO RECORD WIRE TO BOND TRUST SERVICES CORP 169,056.25 11/26 WIRE TO BOND TRUST SERVICES CORP 12/31/2025 JE JE-3963 12/31/2025 TO RECORD TIF ADMINISTRATIVE FEES 10,000.00 2025 Admin Fees Ending Balance: 77,842.12 Fund Totals: Beginning 0.00 0.00 729,315.10 651,472.98 Ending 77,842.12 0.00 3/31/2026 9:29 AM Account Number Budget Comparison - Detail Fund: 408 - TIF #8 SWIDERSKI 2025 2025 Actual December 12/31/2025 2025 Budget Page: AC CT Budget Status 1 % of Budget 408-00.41110.000-000 GENERAL PROPERTY TAXES - CITY 0.00 307,196.30 200,171.84 107,024.46 153.47 408.00.43430.000-000 EXEMPT COMPUTER AID 0.00 0.00 0.00 0.00 0.00 408.00.43431.000.000 EXEMPT PERSONAL PROPERTY AID 0.00 0.00 0.00 0.00 0.00 408-00.48100-000-000 INTEREST INCOME 0.00 0.00 0.00 0.00 0.00 408.00.48103-000-000 UNREALIZED GAINS 1 LOSSES 0.00 0.00 0.00 0.00 0.00 408.00.49100.000.000 PROCEEDS FROM LIT DEBT 0.00 250,000.00 0.00 250,000.00 0.00 408.00.49101.000.000 PREMIUM ON LIT DEBT 0.00 0.00 0.00 0.00 0.00 Total Revenues 0.00 557,196.30 200,171.84 357,024.46 278.36 3/31/2026 9:29 AM Account Number Budget Comparison - Detail Fund: 408 - TIF #8 SWIDERSKI 2025 2025 Actual December 12/31/2025 2025 Budget Page: ACCT Budget Status 2 % of Budget 408.00.56000.000-000 OTHER EXPENSE 10,000.00 11,060.48 0.00 -11,060.48 0.00 408-00-57731-000-000 TIF #8 SWIDERSKI 0.00 150.00 0.00 -150.00 0.00 408.00.58000.000.000 INVESTMENT MANAGEMENT FEES 0.00 0.00 0.00 0.00 0.00 408.00.58100-610.000 PRINCIPAL LIT DEBT 0.00 120,000.00 0.00 -120,000.00 0.00 408.00.58200.620.000 INTEREST LIT DEBT 0.00 98,112.50 0.00 -98,112.50 0.00 408.00.58201.600-000 DEBT ISSUANCE COST 0.00 400.00 0.00 -400.00 0.00 408.00.59000.000.000 TRANSFER OUT 0.00 0.00 0.00 0.00 0.00 Total Expenses 10,000.00 229,722.98 0.00 -229,722.98 0.00 Net Totals -10,000.00 327,473.32 200,171.84 -127,301.48 163.60 4/01/2026 9:25 AM Balance Sheet Detail Report Dated From: 1/01/2025 Fund: 408 - TIF #8 SWIDERSKI Thru: 12/31/2025 Account Number Debit Page: 1 ACCT Credit 408-00-11100-000-000 TIF #8 SWIDERSKI TREAS CASH 77,842.12 408-00-11300-000-000 TEMP INVESTMENT - TID 8 408-00-12101-000-000 TAXES RECEIVABLE 218,838.97 TOTAL ASSETS 296,681.09 408-00-21100-000-000 VOUCHERS PAYABLE 408-00-26000-000-000 DEFERRED REVENUE 218,838.97 TOTAL LIABILITY 218,838.97 408-00-34000-000-000 FUND BALANCE - UNDESIGNATED 249,631.20 408-00-39500-000-000 EXPENDITURE CONTROL 408-00-39600-000-000 REVENUE CONTROL TOTAL FUND EQUITY 249,631.20 2025 Revenues 557,196.30 2025 Expenditures 229,722.98 GRAND TOTALS 776,035.27 776,035.27 Form PE-300 TID Annual Report 2025 WI Dept of Revenue Section 1 — Municipality and TID Co-muni code 27206 Municipality BLACK RIVER FALLS County JACKSON Due date 07/01/2026 Report type ORIGINAL TID number 009 TID type 6 TID name McFour Creation date 06/07/2022 Mandatory termination date 06/07/2042 Anticipated termination date N/A Section 2 — Beginning Balance Amount TID fund balance at beginning of year $-15,283 Section 3 — Revenue Amount Tax increment $0 Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID TID number Developer guarantees Developer name Transfer from other funds Source Grants Source Other revenue Source Total Revenue (deposits) $0 Page 1 of 5 Form PE-300 TID Annual Report 2025 WI Dept of Revenue Section 4 — Expenditures Amount Capital expenditures Administration Professional services 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 TID number Developer grants Developer name N/A $0 Transfer to other funds Fund Other expenditures Name Total Expenditures $150 Section 5 — Ending Balance Amount TID fund balance at end of year $-15,433 Future costs $0 Future revenue $0 Surplus or deficit $-15,433 Page 2 of 5 Form PE-300 TID Annual Report 2025 WI Dept of Revenue Section 6 — TID New Construction Current Year TID New Construction Values TID TID New Construction Increase TID New Construction Decrease Prior Year Correction TID Net New Construction (NNC) 003 $0 $0 $-1,800 $-1,800 006 $111,500 $0 $-400 $111,100 007 $0 $0 $0 $0 008 $3,466,500 $0 $551,200 $4,017,700 009 $90,100 $0 $0 $90,100 Total $3,668,100 $0 $549,000 $4,217,100 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 003 $-1,800 $348,035,500 0.00 $1,946,791 $0 006 $111,100 $348,035,500 0.03 $1,946,791 $584 007 $0 $348,035,500 0.00 $1,946,791 $0 008 $4,017,700 $348,035,500 1.15 $1,946,791 $22,388 009 $90,100 $348,035,500 0.03 $1,946,791 $584 Total $4,217,100 $348,035,500 1.21 $1,946,791 $23,556 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $0 $0 Historical Allowable Levy Increase Attributable to TID NNC Year 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 2024 003 $150,000 $336,251,100 0.04 $1,870,026 $748 2024 006 $30,000 $336,251,100 0.01 $1,870,026 $187 2024 007 $0 $336,251,100 0.00 $1,870,026 $0 2024 008 $7,897,300 $336,251,100 2.35 $1,870,026 $43,946 2024 009 $0 $336,251,100 0.00 $1,870,026 $0 2024 Total $8,077,300 $336,251,100 2.40 $1,870,026 $44,881 2023 003 $53,500 $306,951,300 0.02 $1,835,825 $367 2023 004 $0 $306,951,300 0.00 $1,835,825 $0 2023 005 $0 $306,951,300 0.00 $1,835,825 $0 Page 3 of 5 Form PE-300 TID Annual Report 2025 WI Dept of Revenue 2023 006 $66,200 $306,951,300 0.02 $1,835,825 $367 2023 007 $0 $306,951,300 0.00 $1,835,825 $0 2023 008 $2,491,400 $306,951,300 0.81 $1,835,825 $14,870 2023 009 $-28,200 $306,951,300 -0.01 $1,835,825 $-184 2023 Total $2,582,900 $306,951,300 0.84 $1,835,825 $15,421 Page 4 of 5 Form PE -300 TID Annual Report 2025 WI Dept of Revenue Section 7 — Preparer/Contact Information Preparer name Alex B. Chown Preparer title Clerk/Treasurer Preparer email city.admin@blackriverfallswi.gov Preparer phone (715) 284-2315 Contact name Alex Chown Contact title City Administrator Contact email city.admin@blackriverfalls.us Contact phone (715) 284-2315 Submission Information Co-muni code 27206 TID number 009 Submission date 03-31-2026 03:06 PM Confirmation TI DAR20250758O1774987596854 Submission type ORIGINAL Page 5 of 5 •a, BLACK RIVER FALLS 101 South Second Street Black River Falls, WI 54615 www.blackriverfallswi.gov P: 715-284-5514 / F: 715-284-1777 CITY OF BLACK RIVER FALLS TAX INCREMENTAL FINANCING DISTRICT NO. 9 MCFOUR COMPILED BALANCE SHEET December 31, 2025 ASSETS Capital Project Fund Cash (15,433) Taxes receivable 56,568 TOTAL ASSETS 41,135 LIABILITIES AND FUND BALANCES Liabilities Accounts Payable Deferred Revenue 56,568 Total Liablilities 56,568 FUND BALANCES Unreserved Undesignated (15,433) TOTAL LIABILITIES AND FUND BALANCES 41,135 TID Base Value 2024 $1,952,300 TID Increment Value 2024 $3,057,900 Total TID Value 2024 $5,010,200 A Fine Place 7'o Raise Your Family - A Dynamic Location For your Business 0 ' BLACK RIVER FALLS 101 South Second Street Black River Falls, WI 54615 www.blackriverfallswi.gov P: 715-284-5514 / F: 715-284-1777 CITY OF BLACK RIVER FALLS TAX INCREMENTAL FINANCING DISTRICT NO. 9 COMPILED HISTORICAL SUMMARY OF SOURCES, USES AND STATUS OF FUNDS For the Year Ended December 31, 2025 And From the Date of Creation Through December 31, 2025 SOURCES OF FUNDS Year Ended From Date of Creation Tax Increments 2,403 Special Assessments Exempt Computer Aid Proceeds from Long-Term Debt Grant Sale of Property Miscellaneous (Audit AJE) Total Sources 2,403 USES OF FUNDS Capital/Admin/Other Expenditures 150 17,836 Transfer Out Interest and Fiscal Charges Principal of Long-term Debt • Total Uses 150 17,836 Fund Balance (Deficit) - Beginning of Year $ (15,283) Net Income (Loss) (150) (15,433) FUND BALANCE (DEFICIT) - END OF YEAR $ (15,433) (15,433) A Fine Place To Raise Your Family - A Dynamic Location For your Business 3/31/2026 9:38 AM Transactions Detail Report - Full Description Dated From: 1/01/2025 Thru: 12/31/2025 From Account: 409-00.11100.000-000 Thru Account: 409.00-11100-000-000 Type of Account: Active Page: 1 ACCT Fund # 409 - TIF #9 MCFOUR VENTURES Debit Credit 409.00.11100.000.000 Posting Transaction Date Type Number TIF #9 MCFOUR VENT TREAS CASH Date 1/01/2025 BAL 1/02/2025 Beginning Balances Posted 01/02/2025 15,283.16 From Account 409.00-11100-000.000 4/15/2025 CMP 4/15/2025 Checks Posted 04115/2025 150.00 Ending Balance: 15,433.16 Fund Totals: Beginning 0.00 0.00 0.00 15,433.16 Ending 0.00 15,433.16 3/31/2026 9:29 AM Account Number Budget Comparison - Detail Fund: 409 - TIF #9 MCFOUR VENTURES 2025 2025 Actual 2025 December 12/31/2025 Budget Page: ACCT Budget Status 1 % of Budget 409-00-41110-000.000 GENERAL PROPERTY TAXES 0.00 0.00 0.00 0.00 0.00 409.00.43430.000.000 EXEMPT COMPUTER AID 0.00 0.00 0.00 0.00 0.00 409.00-43431-000.000 EXEMPT PERSONAL PROPERTY AID 0.00 0.00 0.00 0.00 0.00 409-00-46100-000.000 GENERAL GOVT - MISC REVENUE 0.00 0.00 0.00 0.00 0.00 409.00.49000.000.000 TRANSFER IN 0.00 0.00 0.00 0.00 0.00 409-00-49103-000-000 PROCEEDS - LONG TERM DEBT 0.00 0.00 0.00 0.00 0.00 Total Revenues o.00 0.00 0.00 0.00 0.00 3131/2026 9:29 AM Account Number Budget Comparison - Detail Fund: 409 - TIF #9 MCFOUR VENTURES 2025 2025 Actual 2025 December 12131/2025 Budget Page: ACCT Budget Status 2 % of Budget 409.00.56000.000-000 TIF OTHER EXPENSE 0.00 0.00 0.00 0.00 0.00 409.00.57730.200.000 TIF #9 MCFOUR 0.00 150.00 0.00 -150.00 0.00 409-00.58100.610-000 PRINCIPAL LIT DEBT 0.00 0.00 0.00 0.00 0.00 409.00.58200.620.000 INTEREST LIT DEBT 0.00 0.00 0.00 0.00 0.00 409-00-59000.000-000 TRANSFER OUT 0.00 0.00 0.00 0.00 0.00 Total Expenses 0.00 150.00 0.00 -150.00 0.00 Net Totals 0.00 -150.00 0.00 150.00 4/01/2026 9:25 AM Balance Sheet Detail Report Dated From: 1/01/2025 Fund: 409 - TIF #9 MCFOUR VENTURES Thru: 12/31/2025 Account Number Debit Page: 1 ACCT Credit 409-00-11100-000-000 TIF #9 MCFOUR VENT TREAS CASH 15,433.16 409-00-12101-000-000 TAXES RECEIVABLE 56,568.44 409-00-13100-000-000 ACCTS RECEIVABLE / SUNDRY TOTAL ASSETS 41,135.28 409-00-21100-000-000 ACCOUNTS PAYABE - SUNDRY 409-00-26000-000-000 DEFERRED REVENUE - TAX ROLL 56,568.44 TOTAL LIABILITY 56,568.44 409-00-34000-000-000 FUND BALANCE - UNDESIGNATED 15,283.16 409-00-39500-000-000 EXPENDITURE CONTROL 409-00-39600-000-000 REVENUE CONTROL TOTAL FUND EQUITY 15,283.16 2025 Revenues 2025 Expenditures 150.00 GRAND TOTALS 56,568.44 56,568.44 JOINT REVIEW BOARD RESOLUTION 2026-A ACKNOWLEDGING FILING OF ANNUAL REPORTS AND COMPLIANCE WITH ANNUAL MEETING REQUIREMENT CITY OF BLACK RIVER FALLS WHEREAS, Wis. Stat. § 66.1105(4m)(f) requires that the Joint Review Board (“JRB”) meet annually on July 1, or when an annual report under Wis. Stat. § 66.1105 (6m)(c)(intro.) becomes available, to review the annual report and to review the performance and status of each district governed by the JRB; and WHEREAS, the City has filed an annual report with the Wisconsin Department of Revenue for the following districts: Tax Incremental District No. 3 Tax Incremental District No. 6 Tax Incremental District No. 7 Tax Incremental District No. 8; and Tax Incremental District No. 9 WHEREAS, copies of the annual reports have been provided to each overlying taxing jurisdiction; and WHEREAS, the JRB met on June 9, 2026 to review the annual reports and the performance and status of each of the districts governed by the JRB. NOW, THEREFORE, BE IT RESOLVED that the City has complied with its reporting requirements under Wis. Stat. § 66.1105(6m)(c)(intro.) and requirement to hold an annual JRB meeting under Wis. Stat. § 66.1105(4m)(f). Passed and adopted this 9th day of June, 2026. Joint Review Board Representing Jackson County Black River Falls School District Western Technical College District City of Black River Falls Public Member