9-16-26 TID 2 Joint Review Board — Agenda packet

INDEPENDENT ACCOUNTANT’S COMPILATION REPORT To the Village Board Village of Brookyln Brooklyn, Wisconsin Management is responsible for the accompanying Tax Incremental District No. 2 annual report form PE-300 to the Wisconsin Department of Revenue for the year ended December 31, 2025 included in the accompanying prescribed form in accordance with the requirements of the Wisconsin Department of Revenue. We have performed a compilation engagement in accordance with Statements on Standards for Accounting and Review Services promulgated by the Accounting and Review Services Committee of the AICPA. We did not audit or review the Tax Incremental District No. 2 annual report included in the accompanying prescribed form, nor were we required to perform any procedures to verify the accuracy or completeness of the information provided by management. We do not express an opinion, a conclusion, nor provide any form of assurance on the Tax Incremental District No. 2 annual report included in the accompanying prescribed form. The Tax Incremental District No. 2 annual report included in the accompanying prescribed form is presented in accordance with the requirements of the Wisconsin Department of Revenue, and is not intended to be a presentation in accordance with accounting principles generally accepted in the United States of America and may not be suitable for another purpose. This report is intended solely for the information and use of the Village of Brooklyn and the Wisconsin Department of Revenue and is not intended to be and should not be used by anyone other than these specified parties. Johnson Block & Company, Inc April 22, 2026 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 13109 BROOKLYN DANE 07/01/2026 ORIGINAL 002 5 TID 2 01/14/2013 01/14/2039 N/A $-1,185,991 Section 3 – Revenue Amount Tax increment Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID $96,354 $515,142 $1,027 TID number Developer guarantees Developer name Transfer from other funds Source Grants Source Other revenue Source Total Revenue (deposits) $612,523 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 $204,712 $34,234 $128,254 $150 $50,000 TID number Developer grants Developer name n/a $0 Transfer to other funds Fund Other expenditures Name Total Expenditures $417,350 Section 5 – Ending Balance Amount TID fund balance at end of year Future costs Future revenue Surplus or deficit $-990,818 $3,925,021 $5,782,616 $866,777 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 002 $0 $0 $0 $0 Total $0 $0 $0 $0 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 002 $0 $186,086,700 0.00 $764,402 $0 Total $0 $186,086,700 0.00 $764,402 $0 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 TID Net New Construction % Allowable Levy Increase Attributable to TID Net New Construction Prior Year Adjusted Actual Levy Prior Year Municipal Equalized Value 2024 002 $2,000 $167,000,400 0.00 $729,673 $0 2024 Total $2,000 $167,000,400 0.00 $729,673 $0 2023 001 $0 $149,124,900 0.00 $699,430 $0 2023 002 $1,414,500 $149,124,900 0.95 $699,430 $6,645 2023 Total $1,414,500 $149,124,900 0.95 $699,430 $6,645 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 Hui Meng Audit Manager (608) 274-2002hmeng@johnsonblock.com Linda Kuhlman Clerk-Treasurer (608) 455-4201clerk@brooklynwi.gov Submission Information Co-muni code TID number Submission date Confirmation Submission type 13109 002 04-28-2026 05:47 PM TIDAR20250373O1776884169874 ORIGINAL Page of 4 4