Joint Review Board — Agenda Packet

CITY OF MAYVILLE JOINT REVIEW BOARD MEETING AGENDA SEPTEMBER 2, 2026 2:00 PM 15 S SCHOOL ST 1. CALL TO ORDER AND ROLL CALL 2. PLEDGE OF ALLEGIANCE TO THE FLAG 3. CITIZEN COMMENTS Citizen Comments are to be kept to a maximum of five minutes per speaker unless the chairperson allows an extension of time. Each citizen is to make comments at the podium after stating name and address. Each citizen may comment only one time per public hearing / meeting. 4. APPOINTMENTS 4.1. Appointment of Public Member 4.2. Appointment of Chairperson 5. APPROVAL OF MINUTES 5.1. Approval of Minutes of the August 18, 2026, Joint Review Board Meeting 6. REVIEW ANNUAL PE-300 REPORTS AND THE PERFORMANCE STATUS 6.1. Tax Incremental District No. 4 6.2. Tax Incremental District No. 5 6.3. Tax Incremental District No. 6 6.4. Tax Incremental District No. 7 7. DISCUSS WITH POSSIBLE ACTION 7.1. Discuss, with Possible Action, Resolution 6087-2026, "Joint Review Board - Acknowledging Filing of Annual Reports and Compliance with Annual Meeting Requirements for the City of Mayville" 8. ADJOURNMENT Mayor Rob Boelk, Presiding Officer NOTE: Persons with disabilities requiring special accommodations for attendance at the meeting should contact City Hall at least one (1) business day prior to the meeting. Page 1 of 44 1. CALL TO ORDER AND ROLL CALL The meeting was called to order at 5:00 PM by Mayor Rob Boelk, with the following roll call: Present: Mayor Rob Boelk (City of Mayville), Scott Sabol - virtual (Mayville School District) arrived at 5:04, Peter Rettler (Moraine Park Technical College) - virtual, and Grant Larson (public member). Excused: None. Absent: C. Clapper (Dodge County) Staff Present: City Administrator Stephanie Justmann, Comptroller/Treasurer Nichole DeBaker, and Clerk Anastasia Gonstead. Phil Cosson and Ariana Schmidt from Ehlers Public Finance Advisors were also present virtually. 2. APPOINTMENTS 2.a Public Member The motion to appoint Grant Larson as the public member of the Joint Review Board was made by Mayor Boelk and seconded by P. Rettler. Vote: 3 ayes, 0 nays. Motion carried. 2.b Chairperson The motion to appoint Mayor Boelk as Chair of the Joint Review Board was made by G. Larson and seconded by P. Rettler. Vote: 3 ayes, 0 nays. Motion carried. 3. APPROVAL OF MINUTES 3.a Approval of Minutes of the September 25, 2024, Joint Review Board Meeting The motion to approve the minutes September 25, 2024, Joint Review Board meeting was made by G. Larson and seconded by Mayor Boelk. Vote: 3 ayes, 0 nays. Motion carried. 4. REVIEW ANNUAL PE-300 REPORTS AND THE PERFORMANCE STATUS OF: 4.a Tax Incremental District No. 4 S. Sabol joined the meeting at 5:04PM, virtually. Phil Cosson and Ariana Schmidt, of Ehlers Public CITY OF MAYVILLE JOINT REVIEW BOARD REGULAR MEETING MINUTES August 18, 2025 05:00 PM Mayville City Hall Page 2 of 44 Finance Advisors, were present virtually and provided an overview of the Tax Incremental District No. 4 report. The base value is $1,548,600. The Incremental Value as of January 1, 2025 is $1,350,400. The year end fund balance for 2024 is -$84,010. This TID's expenditure period ends March 9, 2024, with a mandatory termination date of March 9, 2029. The projected closure date of this TID is 2028. Personal property aid has added cash flow and aids in the early closure. 4.b Tax Incremental District No. 5 Phil Cosson and Ariana Schmidt, of Ehlers Public Finance Advisors, were present virtually and provided an overview of the Tax Incremental District No. 5 report. The base value is $2,333,200. The Incremental Value as of January 1, 2025 is $3,615,200. The year end fund balance for 2024 is -$251,520. This TID's expenditure period ends September 17, 2028, with a mandatory termination date of September 17, 2034. The projected closure date of this TID is 2033. Fastenal and Shopko properties have shortfall payments, which Administrator Justmann confirmed are up to date. 4.c Tax Incremental District No. 6 Phil Cosson and Ariana Schmidt, of Ehlers Public Finance Advisors, were present virtually and provided an overview of the Tax Incremental District No. 6 report. The base value is $21,761,900. The Incremental Value as of January 1, 2025 is $9,392,100. The year end fund balance for 2024 is $53,174. This TID's expenditure period ends April 12, 2036, with a mandatory termination date of April 12, 2042. The projected closure date of this TID is 2029, based on current cash flow. The closure could be extended out if further development occurs. This TID does have a PayGo to Integris. This is only based on the development Integris produces, not the full value of the TID. 5. Discuss, with Possible Action, Resolution 6009-2025 The motion to approve Resolution 6009-2025, "Joint Review Board - Acknowledging Filing of Annual Reports and Compliance with Annual Meeting Requirement for the City of Mayville," was made by L. Larson and seconded by P. Rettler. Vote: 4 ayes, 0 nays. Motion carried. 6. ADJOURNMENT The motion to adjourn the meeting was made by S. Sabol and seconded by G. Larson. Vote: 4 ayes, 0 nays. Motion carried. The Joint Review Board meeting was adjourned at 5:18 PM. Respectfully submitted, Anastasia Gonstead - City Clerk Page 3 of 44 BUILDING COMMUNITIES. IT’S WHAT WE DO. September 2, 2026 ANNUAL TAX INCREMENTAL DISTRICT REPORT FOR: City of Mayville, Wisconsin Tax Incremental District No.4 IVE-YEAR STREET RECONSTRUCTION & OVERLAY PLAN FOR: The City of Minnetonka, Minnesota YEARS 2020 - 2025 Prepared by: Ehlers N19W24400 Riverwood Drive, Suite 100 Waukesha, WI 53188 Page 4 of 44 Annual TID Report for City of Mayville, WI Tax Incremental District No. 4 1 Annual Tax Incremental District Report City of Mayville, Wisconsin Tax Incremental District No. 4 Purpose: State law requires municipalities with an active Tax Incremental District (TID) to electronically file an Annual Report for each TID by July 1 of each calendar year. This is a summary of that filing to be used at the annually required meeting of the standing Joint Review Board. District Summary: Tax Incremental District No. 4 (“District”) was created on March 9th, 2009 as an Industrial District. The TID has an expenditure period ended on March 9th, 2024 and has a mandatory termination date of March 9th, 2029. Background Data: Base Value Incremental Value (as of January 1, 2026) Year End Fund Balance (2025) Projected Closure (based on current cash flow*) $1,548,600 $1,477,300 -$67,075 2028 Notes: As the TID’s expenditure life has passed, no additional expenditures will be made. Joint Review Board Action: Resolution acknowledging filing of Annual TID Report and compliance with annual meeting requirements. Attachments: • TID Boundary Map • TID Increment Projection • TID Cash Flow Projection (Detail) • State Submittal (DOR Form 2025 PE-300) Page 5 of 44 Page 6 of 44 Type of District Base Value 1,548,600 District Creation Date Economic Change Factor 0.00% Valuation Date Jan 1, 2009 Apply to Base Value Max Life (Years) Base Tax Rate $15.42 End of Expenditure Period 15 3/3/2024 Rate Adjustment Factor 0.00% Revenue Periods/Final Year 19 2029 Extension Eligibility/Years Yes 6 Eligible Recipient District Construction Year Value Added Valuation Year Economic Change Total Increment Revenue Year Tax Rate1 Tax Increment 9 2017 83,900 2018 647,500 2019 $24.16 15,643 10 2018 107,400 2019 754,900 2020 $22.55 17,026 11 2019 64,700 2020 819,600 2021 $21.71 17,797 12 2020 -36,500 2021 783,100 2022 $20.89 16,358 13 2021 52,300 2022 835,400 2023 $17.34 14,488 14 2022 312,500 2023 1,147,900 2024 $16.76 19,233 15 2023 -215,000 2024 932,900 2025 $15.89 14,822 16 2024 387,500 2025 1,320,400 2026 $15.42 20,367 17 2025 156,900 2026 1,477,300 2027 $15.42 22,787 18 2026 0 2027 1,477,300 2028 $15.42 22,787 19 2027 0 2028 1,477,300 2029 $15.42 22,787 Total (2019-2029 Rev. Yrs.) 913,700 204,096 Notes: 1) Tax rates shown through the 2026 revenue year are actual per 2025 DOR Form PC-202 (Tax Increment Collection Worksheet). Future Value of Increment (2019-2029 Rev. Yrs.) No City of Mayville, Wisconsin Tax Increment District No. 4 Tax Increment Projection Worksheet Industrial March 3, 2009 20 TID 4 2026 Cash Flow.xlsx Prepared 8/14/2026 Page 7 of 44 Total Debt Year Service1 Year 2019 15,643 288 60,000 75,931 17,863 860 18,723 57,209 975 150,000 2019 2020 17,026 201 17,227 17,450 948 18,398 (1,171) (196) 137,500 2020 2021 17,797 202 17,999 142,038 177 1,665 143,879 (125,880) (126,076) 0 2021 2022 16,358 201 16,559 0 2,992 2,992 13,567 (112,509) 0 2022 2023 14,488 201 14,689 0 2,149 2,149 12,540 (99,970) 0 2023 2024 19,233 201 19,434 0 3,474 3,474 15,960 (84,010) 0 2024 2025 14,822 201 4,812 19,835 0 2,900 2,900 16,935 (67,075) 0 2025 2026 20,367 200 4,812 25,379 0 1,000 1,000 24,379 (42,697) 0 2026 2027 22,787 200 4,812 27,799 0 1,000 1,000 26,799 (15,898) 0 2027 2028 22,787 200 4,812 27,799 0 1,000 1,000 26,799 10,901 0 2028 2029 22,787 200 4,812 27,799 0 12,000 12,000 15,799 26,700 0 2029 0 0 0 Totals (2019- 2029) 204,096 2,295 60,000 24,058 290,449 177,350 0 177 29,988 207,515 Notes: LEGEND: END OF EXP. PERIOD Latest year of audited financials Financing Costs 1)The District's debt outstanding from 2011 was fully repaid in 2021. City of Mayville, Wisconsin Tax Increment District No. 4 Cash Flow Projection Intergov. Revenues Transfer In Personal Property Aid Tax Increments Ongoing Planning & Admin Projected Expenditures Cumulative Liabilities OutstandingAnnual PROJECTED CLOSURE YEAR Total Expenditures Projected Revenues Total Revenues Balances Capital Outlay TID 4 2026 Cash Flow.xlsx Prepared 8/14/2026 Page 8 of 44 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 14251 MAYVILLE DODGE 07/01/2026 ORIGINAL 004 5 TIF 4 03/09/2009 03/09/2029 N/A $-84,010 Section 3 – Revenue Amount Tax increment Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID $14,822 $5,013 TID number Developer guarantees Developer name Transfer from other funds Source Grants Source Other revenue Source Total Revenue (deposits) $19,835 Page of 1 4 Page 9 of 44 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 $2,750 $150 TID number Developer grants Developer name n/a $0 Transfer to other funds Fund Other expenditures Name Total Expenditures $2,900 Section 5 – Ending Balance Amount TID fund balance at end of year Future costs Future revenue Surplus or deficit $-67,075 $15,000 $103,960 $21,885 Page of 2 4 Page 10 of 44 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 $67,200 $0 $0 $67,200 006 $357,300 $0 $10,800 $368,100 007 $31,300 $0 $0 $31,300 Total $455,800 $0 $10,800 $466,600 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 $562,581,400 0.00 $2,501,361 $0 005 $67,200 $562,581,400 0.01 $2,501,361 $250 006 $368,100 $562,581,400 0.07 $2,501,361 $1,751 007 $31,300 $562,581,400 0.01 $2,501,361 $250 Total $466,600 $562,581,400 0.09 $2,501,361 $2,251 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $2,251 $0.02251 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 $529,075,300 0.00 $2,496,910 $0 2024 005 $0 $529,075,300 0.00 $2,496,910 $0 2024 006 $2,865,700 $529,075,300 0.54 $2,496,910 $13,483 2024 Total $2,865,700 $529,075,300 0.54 $2,496,910 $13,483 2023 004 $4,400 $484,203,000 0.00 $2,419,651 $0 2023 005 $10,400 $484,203,000 0.00 $2,419,651 $0 2023 006 $-55,500 $484,203,000 -0.01 $2,419,651 $-242 2023 Total $-40,700 $484,203,000 -0.01 $2,419,651 $-242 Page of 3 4 Page 11 of 44 WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 7 – Contact Information Contact name Contact title Contact email Contact phone Anastasia Gonstead Clerk (920) 387-7900agonstead@mayvillecity.com Page of 4 4 Page 12 of 44 BUILDING COMMUNITIES. IT’S WHAT WE DO. September 2, 2026 ANNUAL TAX INCREMENTAL DISTRICT REPORT FOR: City of Mayville, Wisconsin Tax Incremental District No.5 IVE-YEAR STREET RECONSTRUCTION & OVERLAY PLAN FOR: The City of Minnetonka, Minnesota YEARS 2020 - 2025 Prepared by: Ehlers N19W24400 Riverwood Drive, Suite 100 Waukesha, WI 53188 Page 13 of 44 Annual Tax Incremental District Report City of Mayville, Wisconsin Tax Incremental District No. 5 Purpose: State law requires municipalities with an active Tax Incremental District (TID) to electronically file an Annual Report for each TID by July 1 of each calendar year. This is a summary of that filing to be used at the annually required meeting of the standing Joint Review Board. District Summary: Tax Incremental District No. 5 (“District”) was created on September 17, 2013 as a Mixed Use District. The TID has an expenditure period that ends on September 17, 2028 and has a mandatory termination date of September 17, 2034. Background Data: Base Value Incremental Value (as of January 1, 2026) Year End Fund Balance (2025) Projected Closure (based on current cash flow*) $2,313,200 $4,046,100 -$150,305 2034 * The City does not expect to make additional project costs through the end of the District’s expenditure period. The projected closure year identified is based on current cash flow projections only. Notes: The District has one outstanding debt issue: 2014 State Trust Fund Loan. The 2014 G.O. Promissory Notes matured in 2024. The District is receiving shortfall payments from Fastnal and Shopko. Future payments are only estimates as the City is working on refining what those future payments will be. They will also vary pending future valuations and tax rates. The Base Value was recertified as of 1/1/2026 due to personal property removal. Joint Review Board Action: Resolution acknowledging filing of Annual TID Report and compliance with annual meeting requirements. Attachments: • TID Boundary Map • TID Increment Projection • TID Cash Flow Projection (Detail) • State Submittal (DOR Form PE -300) Page 14 of 44 600ft4002000 DISCLAIMER: This map is not guaranteed to be accurate, correct, current, or complete and conclusions drawn are the responsibility of the user. Page 15 of 44 Type of District Base Value 2,313,700 District Creation Date Economic Change Factor 0.00% Valuation Date Jan 1, 2013 Apply to Base Value Max Life (Years) Base Tax Rate $15.42 End of Expenditure Period 15 9/17/2028 Rate Adjustment Factor 0.00% Revenue Periods/Final Year 20 2034 Extension Eligibility/Years Yes 6 Eligible Recipient District Construction Year Value Added Valuation Year Economic Change Total Increment Revenue Year Tax Rate Tax Increment 9 2021 -1,281,600 2022 2,715,900 2023 $17.34 47,100 10 2022 -418,500 2023 2,297,400 2024 $16.76 38,493 11 2023 762,700 2024 3,060,100 2025 $15.89 48,620 12 2024 555,100 2025 3,615,200 2026 $15.42 55,764 13 2025 430,900 2026 4,046,100 2027 $15.42 62,411 14 2026 0 2027 4,046,100 2028 $15.42 62,411 15 2027 0 2028 4,046,100 2029 $15.42 62,411 16 2028 0 2029 4,046,100 2030 $15.42 62,411 17 2029 0 2030 4,046,100 2031 $15.42 62,411 18 2030 0 2031 4,046,100 2032 $15.42 62,411 19 2031 0 2032 4,046,100 2033 $15.42 62,411 20 2032 0 2033 4,046,100 2034 $15.42 62,411 Total (2023 - 2034 Rev. Yrs.) 48,600 0 689,263 Notes: 1) Tax rates shown through the 2026 revenue year are actual per 2025 DOR Form PC-202 (Tax Increment Collection Worksheet). Future Value of Increment (2023 - 2034 Rev. Yrs.) No City of Mayville, Wisconsin Tax Increment District No. 5 Tax Increment Projection Worksheet Mixed Use September 17, 2013 20 TID 5 2026 Cash Flow.xlsx Prepared 8/14/2026 Page 16 of 44 Total $650,000 $415,000 Debt Year Issue Total Issue Total Service Year 2023 47,100 2,047 49,147 52,808 67,586 120,393 2,550 122,943 (73,797) (168,695) 507,968 2023 2024 38,493 2,047 40,540 52,756 65,896 118,652 4,713 123,365 (82,825) (251,520) 409,038 2024 2025 48,620 2,047 77,318 28,784 154 156,923 52,808 0 52,808 2,901 55,709 101,214 (150,305) 373,615 2025 2026 55,764 2,047 10,000 10,000 154 77,966 52,808 0 52,808 1,500 54,308 23,658 (126,647) 336,686 2026 2027 62,411 2,047 10,000 10,000 154 84,612 52,808 0 52,808 1,500 54,308 30,305 (96,343) 298,188 2027 2028 62,411 2,047 10,000 10,000 154 84,612 52,773 0 52,773 1,500 54,273 30,339 (66,004) 258,088 2028 2029 62,411 2,047 10,000 10,000 154 84,612 52,808 0 52,808 1,500 54,308 30,305 (35,699) 216,249 2029 2030 62,411 2,047 10,000 10,000 154 84,612 52,508 0 52,508 1,500 54,008 30,605 (5,094) 172,932 2030 2031 62,411 2,047 10,000 10,000 154 84,612 52,808 0 52,808 1,500 54,308 30,305 25,210 127,474 2031 2032 62,411 2,047 10,000 10,000 154 84,612 52,793 0 52,793 1,500 54,293 30,319 55,530 80,099 2032 2033 62,411 2,047 10,000 10,000 154 84,612 52,808 0 52,808 1,500 54,308 30,305 85,834 30,695 2033 2034 62,411 2,047 10,000 10,000 154 84,612 32,000 0 32,000 7,500 39,500 45,113 130,947 (0) 2034 Totals (2023- 2034) 689,263 24,564 167,318 121,864 1,543 1,001,473 612,482 133,482 745,964 29,664 775,628 Notes: 1) Future Shortfall payments for Fastnal & Shopko are placeholders only, as they are being determined. LEGEND: CALLABLE MATURITIES END OF EXP. PERIOD Last year of audited financials City of Mayville, Wisconsin Tax Increment District No. 5 Cash Flow Projection Intergov. Revenues Est. Shopko Shortfall Payments1 Personal Property Aid Tax Increments Est. Fastnal Shortfall Payments1 Ongoing Planning & Administration Projected Expenditures Liabilities Outstanding PROJECTED CLOSURE YEAR Projected Revenues Total Revenues Balances 2014 State Trust Fund 2014B G.O. Promissory Total Expenditures Annual Cumulative TID 5 2026 Cash Flow.xlsx Prepared 8/14/2026 Page 17 of 44 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 14251 MAYVILLE DODGE 07/01/2026 ORIGINAL 005 6 TID 5 09/17/2013 09/17/2033 N/A $-251,520 Section 3 – Revenue Amount Tax increment Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID $125,938 $2,201 TID number Developer guarantees Developer name OLD FASHIONED FOODS $28,784 Transfer from other funds Source Grants Source Other revenue Source Total Revenue (deposits) $156,923 Page of 1 4 Page 18 of 44 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 $2,751 $17,384 $150 $35,423 TID number Developer grants Developer name N/A $0 Transfer to other funds Fund Other expenditures Name Total Expenditures $55,708 Section 5 – Ending Balance Amount TID fund balance at end of year Future costs Future revenue Surplus or deficit $-150,305 $473,614 $815,517 $191,598 Page of 2 4 Page 19 of 44 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 $67,200 $0 $0 $67,200 006 $357,300 $0 $10,800 $368,100 007 $31,300 $0 $0 $31,300 Total $455,800 $0 $10,800 $466,600 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 $562,581,400 0.00 $2,501,361 $0 005 $67,200 $562,581,400 0.01 $2,501,361 $250 006 $368,100 $562,581,400 0.07 $2,501,361 $1,751 007 $31,300 $562,581,400 0.01 $2,501,361 $250 Total $466,600 $562,581,400 0.09 $2,501,361 $2,251 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $2,251 $0.02251 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 $529,075,300 0.00 $2,496,910 $0 2024 005 $0 $529,075,300 0.00 $2,496,910 $0 2024 006 $2,865,700 $529,075,300 0.54 $2,496,910 $13,483 2024 Total $2,865,700 $529,075,300 0.54 $2,496,910 $13,483 2023 004 $4,400 $484,203,000 0.00 $2,419,651 $0 2023 005 $10,400 $484,203,000 0.00 $2,419,651 $0 2023 006 $-55,500 $484,203,000 -0.01 $2,419,651 $-242 2023 Total $-40,700 $484,203,000 -0.01 $2,419,651 $-242 Page of 3 4 Page 20 of 44 WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 7 – Contact Information Contact name Contact title Contact email Contact phone Anastasia Gonstead Clerk (920) 387-7900agonstead@mayvillecity.com Page of 4 4 Page 21 of 44 BUILDING COMMUNITIES. IT’S WHAT WE DO. September 2, 2026 ANNUAL TAX INCREMENTAL DISTRICT REPORT FOR: City of Mayville, Wisconsin Tax Incremental District No.6 IVE-YEAR STREET RECONSTRUCTION & OVERLAY PLAN FOR: The City of Minnetonka, Minnesota YEARS 2020 - 2025 Prepared by: Ehlers N19W24400 Riverwood Drive, Suite 100 Waukesha, WI 53188 Page 22 of 44 Annual Tax Incremental District Report City of Mayville, Wisconsin Tax Incremental District No. 6 Purpose: State law requires municipalities with an active Tax Incremental District (TID) to electronically file an Annual Report for each TID by July 1 of each calendar year. This is a summary of that filing to be used at the annually required meeting of the standing Joint Review Board. District Summary: Tax Incremental District No. 6 (“District”) was created on April 12, 2021 as a Mixed Use District. The TID has an expenditure period that ends on April 12, 2036 and has a mandatory termination date of April 12, 2042. Background Data: Base Value Incremental Value (as of January 1, 2026) Year End Fund Balance (2025) Projected Closure (based on current cash flow*) $20,759,900 $17,541,300 $134,491 2028 Notes: *The City has an existing Development Agreement for a multi-family development within the District in which the TID will pay the developer PAYGO incentive payments, which began in 2025. While the current cashflow includes the actual payment made in 2025, and shows a projected early closure in 2028, this may change as future incentive payments are further refined and as future development comes to fruition. The Base Value was recertified as of 1/1/2026 due to personal property removal. Joint Review Board Action: Resolution acknowledging filing of Annual TID Report and compliance with annual meeting requirements. Attachments: • TID Boundary Map • TID Increment Projection • TID Cash Flow Projection (Detail) • State Submittal (DOR Form 2025 PE-300) Page 23 of 44 Page 24 of 44 Type of District Base Value 20,759,900 District Creation Date Economic Change Factor 0.00% Valuation Date Jan 1, 2021 Apply to Base Value Max Life (Years) Base Tax Rate $15.42 End of Expenditure Period 15 4/12/2036 Rate Adjustment Factor 0.00% Revenue Periods/Final Year 20 2042 Extension Eligibility/Years Yes 3 Eligible Recipient District Construction Year Value Added Valuation Year Economic Change Total Increment Revenue Year Tax Rate1 Tax Increment 1 2021 -909,900 2022 0 -909,900 2023 0 2 2022 6,247,100 2023 0 5,337,200 2024 $16.76 89,425 3 2023 1,159,500 2024 0 6,496,700 2025 $15.42 103,221 4 2024 2,895,400 2025 0 9,392,100 2026 $15.42 144,873 5 2025 8,149,200 2026 0 17,541,300 2027 $15.42 270,573 6 2026 0 2027 0 17,541,300 2028 $15.42 270,573 7 2027 0 2028 0 17,541,300 2029 $15.42 270,573 8 2028 0 2029 0 17,541,300 2030 $15.42 270,573 9 2029 0 2030 0 17,541,300 2031 $15.42 270,573 10 2030 0 2031 0 17,541,300 2032 $15.42 270,573 11 2031 0 2032 0 17,541,300 2033 $15.42 270,573 12 2032 0 2033 0 17,541,300 2034 $15.42 270,573 13 2033 0 2034 0 17,541,300 2035 $15.42 270,573 14 2034 0 2035 0 17,541,300 2036 $15.42 270,573 15 2035 0 2036 0 17,541,300 2037 $15.42 270,573 16 2036 0 2037 0 17,541,300 2038 $15.42 270,573 17 2037 0 2038 0 17,541,300 2039 $15.42 270,573 18 2038 0 2039 0 17,541,300 2040 $15.42 270,573 19 2039 0 2040 0 17,541,300 2041 $15.42 270,573 20 2040 0 2041 0 17,541,300 2042 $15.42 270,573 Totals (All Years) 17,541,300 0 Future Value of Increment (All Years) 4,666,693 Notes: 1) Tax rates shown through the 2026 revenue year are actual per 2025 DOR Form PC-202 (Tax Increment Collection Worksheet). No City of Mayville, Wisconsin Tax Increment District No. 6 Tax Increment Projection Worksheet Mixed Use April 12, 2021 20 TID 6 2026 Cash Flow.xlsx Prepared 8/14/2026 Page 25 of 44 Year Year 2021 0 25,673 25,673 (25,673) (25,673) 0 2021 2022 0 7,068 7,068 (7,068) (32,741) 0 2022 2023 0 0 3,727 3,727 (3,727) (36,468) 0 2023 2024 89,425 3,083 92,508 2,866 2,866 89,642 53,174 760,544 2024 2025 103,221 17,261 120,482 36,265 95% 2,900 39,165 81,317 134,491 724,279 2025 2026 144,873 17,261 162,134 38,919 98% 10,000 48,919 113,215 247,706 685,360 2026 2027 270,573 17,261 287,835 57,603 98% 10,000 67,603 220,231 467,938 627,757 2027 2028 270,573 17,261 287,835 57,603 98% 10,000 67,603 220,231 688,169 570,154 2028 2029 270,573 17,261 287,835 55,840 95% 10,000 65,840 221,995 910,164 514,314 2029 2030 270,573 17,261 287,835 55,840 95% 10,000 65,840 221,995 1,132,159 458,474 2030 2031 270,573 17,261 287,835 55,840 95% 10,000 65,840 221,995 1,354,153 402,635 2031 2032 270,573 17,261 287,835 55,840 95% 10,000 65,840 221,995 1,576,148 346,795 2032 2033 270,573 17,261 287,835 52,901 90% 10,000 62,901 224,934 1,801,082 293,894 2033 2034 270,573 17,261 287,835 52,901 90% 10,000 62,901 224,934 2,026,016 240,993 2034 2035 270,573 17,261 287,835 52,901 90% 10,000 62,901 224,934 2,250,949 188,092 2035 2036 270,573 17,261 287,835 52,901 90% 10,000 62,901 224,934 2,475,883 135,191 2036 2037 270,573 17,261 287,835 26,450 45% 10,000 36,450 251,384 2,727,267 108,741 2037 2038 270,573 17,261 287,835 26,450 45% 10,000 36,450 251,384 2,978,651 82,290 2038 2039 270,573 17,261 287,835 26,450 45% 10,000 36,450 251,384 3,230,035 55,840 2039 2040 270,573 17,261 287,835 26,450 45% 10,000 36,450 251,384 3,481,420 29,389 2040 2041 270,573 17,261 287,835 14,695 25% 10,000 24,695 263,140 3,744,559 0 2041 2042 270,573 17,261 287,835 14,695 25% 15,000 29,695 258,140 4,002,699 0 2042 0 Totals (All Years) 4,666,693 3,083 310,701 4,980,477 760,544 25,673 191,561 977,778 Notes: 1) PAYGO to Integris is not to exceed $1,821,151 per Developer Agreement. LEGEND: CALLABLE MATURITIES END OF EXP. PERIOD PROJECTED CLOSURE YEAR Liabilities OutstandingCumulative Total Revenues Conservation & Development PAYGO to Integris1,2 Total Expenditures Annual Last year of audited financials 2.) 2025 payment is actual, future payments are estimates only & will be calculated annually. Personal Property Aid City of Mayville, Wisconsin Tax Increment District No. 6 Cash Flow Projection Projected Revenues Projected Expenditures Balances Tax Increments Other Revenue Ongoing Planning & Administration TID 6 2026 Cash Flow.xlsx Prepared 8/14/2026 Page 26 of 44 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 14251 MAYVILLE DODGE 07/01/2026 ORIGINAL 006 6 TID 6 04/12/2021 04/12/2042 N/A $53,174 Section 3 – Revenue Amount Tax increment Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID $103,221 $17,261 TID number Developer guarantees Developer name NA $0 Transfer from other funds Source Grants Source Other revenue Source Total Revenue (deposits) $120,482 Page of 1 4 Page 27 of 44 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 $2,750 $150 TID number Developer grants Developer name DAYTON ONE $36,265 Transfer to other funds Fund Other expenditures Name Total Expenditures $39,165 Section 5 – Ending Balance Amount TID fund balance at end of year Future costs Future revenue Surplus or deficit $134,491 $899,279 $3,937,178 $3,172,390 Page of 2 4 Page 28 of 44 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 $67,200 $0 $0 $67,200 006 $357,300 $0 $10,800 $368,100 007 $31,300 $0 $0 $31,300 Total $455,800 $0 $10,800 $466,600 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 $562,581,400 0.00 $2,501,361 $0 005 $67,200 $562,581,400 0.01 $2,501,361 $250 006 $368,100 $562,581,400 0.07 $2,501,361 $1,751 007 $31,300 $562,581,400 0.01 $2,501,361 $250 Total $466,600 $562,581,400 0.09 $2,501,361 $2,251 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $2,251 $0.02251 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 $529,075,300 0.00 $2,496,910 $0 2024 005 $0 $529,075,300 0.00 $2,496,910 $0 2024 006 $2,865,700 $529,075,300 0.54 $2,496,910 $13,483 2024 Total $2,865,700 $529,075,300 0.54 $2,496,910 $13,483 2023 004 $4,400 $484,203,000 0.00 $2,419,651 $0 2023 005 $10,400 $484,203,000 0.00 $2,419,651 $0 2023 006 $-55,500 $484,203,000 -0.01 $2,419,651 $-242 2023 Total $-40,700 $484,203,000 -0.01 $2,419,651 $-242 Page of 3 4 Page 29 of 44 WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 7 – Contact Information Contact name Contact title Contact email Contact phone Anastasia Gonstead Clerk (920) 387-7900agonstead@mayvillecity.com Page of 4 4 Page 30 of 44 BUILDING COMMUNITIES. IT’S WHAT WE DO. September 2, 2026 ANNUAL TAX INCREMENTAL DISTRICT REPORT FOR: City of Mayville, Wisconsin Tax Incremental District No. 7 IVE-YEAR STREET RECONSTRUCTION & OVERLAY PLAN FOR: The City of Minnetonka, Minnesota YEARS 2020 - 2025 Prepared by: Ehlers N19W24400 Riverwood Drive, Suite 100 Waukesha, WI 53188 Page 31 of 44 Annual Tax Incremental District Report City of Mayville, Wisconsin Tax Incremental District No. 7 Purpose: State law requires municipalities with an active Tax Incremental District (TID) to electronically file an Annual Report for each TID by July 1 of each calendar year. This is a summary of that filing to be used at the annually required meeting of the standing Joint Review Board. District Summary: Tax Incremental District No. 7 (“District”) was created on September 9, 2024 as a Mixed Use District. The TID has an expenditure period that ends on September 9, 2039 and has a mandatory termination date of September 9, 2044, with final revenue collection in 2045. Background Data: Base Value Incremental Value (as of January 1, 2026) Year End Fund Balance (2025) Projected Closure (based on current cash flow*) $12,606,400 $1,727,300 $1,015,400 2036 *The City expects to incur additional project costs prior to its expenditure period. The estimated closure year is based on current expenses only, and will change as future projects are pursued. Notes: In 2025, the City issued G.O. Notes to fund the River Knoll Drive (Hilltop Dr to Slag Rd) public works project and the industrial park excavation project. The City is currently having discussions with a couple developers regarding potential residential developments, but no development agreements have been entered into at this time. Note that the 2025 fund balance includes 2025 debt proceeds, and while the proceeds had not yet been spent as of year-end 2025, the City anticipates spend down in 2026. Joint Review Board Action: Resolution acknowledging filing of Annual TID Report and compliance with annual meeting requirements. Page 32 of 44 Attachments: • TID Boundary Map • TID Development Assumptions • TID Increment Projection • TID Cash Flow Projection (Detail) • State Submittal (DOR Form PE -300) Page 33 of 44 N/A 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 ROW Areas 251-1216-1412-004 251-1216-1412-005 r"-r=nr",-- 251-1216-1413-007 251-1216-1413-008 251-1216-1413-010 251-1216-1413-009 251-1216-1414-004 251-1216-1413-003 251-1216-1413-002 251-1216-1413-006 251-1216-1413-001 251-1216-1412-006 251-1216-1412-007 251-1216-1412-008 251-1216-1412-010 251-1216-1412-011 251-1216-1412-012 251-1216-1412-014 251-1216-1412-015 251-1216-1412-013 251-1216-1411-004 251-1216-1411-005 251-1216-1414-003 251-1216-1414-007 251-1216-1414-001 251-1216-1332-015 251-1216-1332-000 251-1216-1332-003 251-1216-1332-013 251-1216-1333-064 251-1216-1333-024 251-1216-2421-001 251-1216-2424-001 251-1216-2423-038 251-1216-2422-001 251-1216-2423-041 251-1216-2423-042 251-1216-2423-020 - I - j� 1- ,, - - I t""-[� I ' ,. I F - # - SC\LJ!_L 600 Z\,cl'� ,) � KUNKEL engineering group Page 34 of 44 Actual Annual Total Total Value Units Total Value Sq. Ft. Total Value Estimated Value: 1 2024 981,300 981,300 2024 1 2 2025 746,000 746,000 2025 2 3 2026 0 2026 3 4 2027 2,000,000 5 1,750,000 3,750,000 2027 4 5 2028 2,000,000 5 1,750,000 500,000 4,250,000 2028 5 6 2029 2,000,000 5 1,750,000 3,750,000 2029 6 7 2030 5 1,750,000 500,000 2,250,000 2030 7 8 2031 4 1,400,000 1,400,000 2031 8 9 2032 0 2032 9 10 2033 0 2033 10 Totals 1,727,300 6,000,000 24 8,400,000 0 1,000,000 17,127,300 Notes: *Future developments depicted are potential only at this time. City of Mayville, Wisconsin Tax Increment District No. 7 Development Assumptions Apartments Residential Misc. Dev. TID WideConstruction Year Construction Year $350,000 TID 7 2026 Cashflow.xlsx Prepared 8/14/2026 Page 35 of 44 Type of District Base Value 12,606,400 District Creation Date Economic Change Factor 1.00% Valuation Date Jan 1, 2024 Apply to Base Value Max Life (Years) Base Tax Rate $15.42 Expenditure Period/Termination 15 9/9/2039 Rate Adjustment Factor -0.50% Revenue Periods/Final Year 20 2045 Extension Eligibility/Years Yes 3 Eligible Recipient District Construction Year Value Added Valuation Year Economic Change Total Increment Revenue Year Tax Rate1 Tax Increment 1 2024 981,300 2025 0 981,300 2026 $15.42 15,136 2 2025 746,000 2026 0 1,727,300 2027 $15.35 26,510 3 2026 0 2027 17,273 1,744,573 2028 $15.27 26,642 4 2027 3,750,000 2028 17,446 5,512,019 2029 $15.19 83,754 5 2028 4,250,000 2029 55,120 9,817,139 2030 $15.12 148,423 6 2029 3,750,000 2030 98,171 13,665,310 2031 $15.04 205,569 7 2030 2,250,000 2031 136,653 16,051,963 2032 $14.97 240,265 8 2031 1,400,000 2032 160,520 17,612,483 2033 $14.89 262,304 9 2032 0 2033 176,125 17,788,608 2034 $14.82 263,603 10 2033 0 2034 177,886 17,966,494 2035 $14.74 264,908 11 2034 0 2035 179,665 18,146,159 2036 $14.67 266,219 12 2035 0 2036 181,462 18,327,620 2037 $14.60 267,537 13 2036 0 2037 183,276 18,510,897 2038 $14.52 268,861 14 2037 0 2038 185,109 18,696,006 2039 $14.45 270,192 15 2038 0 2039 186,960 18,882,966 2040 $14.38 271,529 16 2039 0 2040 188,830 19,071,795 2041 $14.31 272,873 17 2040 0 2041 190,718 19,262,513 2042 $14.24 274,224 18 2041 0 2042 192,625 19,455,138 2043 $14.16 275,582 19 2042 0 2043 194,551 19,649,690 2044 $14.09 276,946 20 2043 0 2044 196,497 19,846,187 2045 $14.02 278,317 Totals (All Years) 17,127,300 2,718,887 Future Value of Increment 4,259,392 Notes: 1) Tax rates shown through the 2026 revenue year are actual per 2025 DOR Form PC-202 (Tax Increment Collection Worksheet). Mixed Use September 9, 2024 20 No City of Mayville, Wisconsin Tax Increment District No. 7 Tax Increment Projection Worksheet TID 7 2026 Cashflow.xlsx Prepared 8/14/2026 Page 36 of 44 Dated Date: $1,120,000 Year Principal Est. Rate Interest Issue Total Year 2024 0 0 0 0 0 0 0 2024 2025 0 0 1,120,000 1,120,000 0 18,713 79,643 6,570 104,926 1,015,074 1,015,074 1,404,071 2025 2026 15,136 75,071 90,208 0 0.00% 75,071 75,071 1,040,357 5,000 1,120,428 (1,030,221) (15,147) 1,329,000 2026 2027 26,510 53,200 79,710 0 0.00% 53,200 53,200 6,500 59,700 20,010 4,864 1,275,800 2027 2028 26,642 34,358 61,000 0 0.00% 53,200 53,200 7,500 60,700 300 5,164 1,222,600 2028 2029 83,754 83,754 40,000 4.75% 52,250 92,250 8,500 100,750 (16,996) (11,833) 1,130,350 2029 2030 148,423 148,423 40,000 4.75% 50,350 90,350 10,000 100,350 48,073 36,240 1,040,000 2030 2031 205,569 205,569 60,000 4.75% 47,975 107,975 10,000 117,975 87,594 123,834 980,000 2031 2032 240,265 240,265 60,000 4.75% 45,125 105,125 10,000 115,125 125,140 248,974 920,000 2032 2033 262,304 262,304 65,000 4.75% 42,156 107,156 10,000 117,156 145,148 394,122 855,000 2033 2034 263,603 263,603 65,000 4.75% 39,069 104,069 10,000 114,069 149,534 543,656 790,000 2034 2035 264,908 264,908 70,000 4.75% 35,863 105,863 10,000 115,863 149,045 692,701 720,000 2035 2036 266,219 266,219 45,000 4.75% 33,131 78,131 10,000 88,131 178,088 870,789 675,000 2036 2037 267,537 267,537 45,000 4.75% 30,994 75,994 10,000 85,994 181,543 1,052,332 630,000 2037 2038 268,861 268,861 55,000 4.75% 28,619 83,619 10,000 93,619 175,242 1,227,574 575,000 2038 2039 270,192 270,192 60,000 4.75% 25,888 85,888 10,000 95,888 174,304 1,401,878 515,000 2039 2040 271,529 271,529 70,000 4.75% 22,800 92,800 10,000 102,800 168,729 1,570,608 445,000 2040 2041 272,873 272,873 70,000 4.75% 19,475 89,475 10,000 99,475 173,398 1,744,006 375,000 2041 2042 274,224 274,224 80,000 4.75% 15,913 95,913 10,000 105,913 168,312 1,912,318 295,000 2042 2043 275,582 275,582 90,000 4.75% 11,875 101,875 10,000 111,875 163,707 2,076,024 205,000 2043 2044 276,946 276,946 95,000 4.75% 7,481 102,481 10,000 112,481 164,464 2,240,489 110,000 2044 2045 278,317 278,317 110,000 4.75% 2,613 112,613 10,000 122,613 155,704 2,396,193 0 2045 Totals (All Years) 4,259,392 0 162,629 1,120,000 5,542,022 1,120,000 693,046 1,813,046 18,713 1,120,000 194,070 3,145,829 Notes: LEGEND: END OF EXP. PERIOD PROJECTED CLOSURE YEAR Annual Cumulative 2025 G.O. Promissory Note $1,120,000 06/03/25 2025 G.O. Promissory Note City of Mayville, Wisconsin Tax Increment District No. 7 Cash Flow Projection Debt Proceeds Interest Earnings Tax Increments Capitalized Interest Ongoing Planning & Administration Projected ExpendituresProjected Revenues Total Revenues Balances Capital Projects Liabilities Outstanding Total Expenditures Last year of audited financials Callable Maturities Financing Costs TID 7 2026 Cashflow.xlsx Prepared 8/14/2026 Page 37 of 44 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 14251 MAYVILLE DODGE 07/01/2026 ORIGINAL 007 6 09/09/2024 09/09/2044 N/A $0 Section 3 – Revenue Amount Tax increment Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID $0 $1,120,000 TID number Developer guarantees Developer name Transfer from other funds Source Grants Source Other revenue Source Total Revenue (deposits) $1,120,000 Page of 1 4 Page 38 of 44 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 $79,643 $6,420 $150 $18,713 TID number Developer grants Developer name N/A $0 Transfer to other funds Fund Other expenditures Name Total Expenditures $104,926 Section 5 – Ending Balance Amount TID fund balance at end of year Future costs Future revenue Surplus or deficit $1,015,074 $5,515,826 $4,500,752 $0 Page of 2 4 Page 39 of 44 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 $67,200 $0 $0 $67,200 006 $357,300 $0 $10,800 $368,100 007 $31,300 $0 $0 $31,300 Total $455,800 $0 $10,800 $466,600 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 $562,581,400 0.00 $2,501,361 $0 005 $67,200 $562,581,400 0.01 $2,501,361 $250 006 $368,100 $562,581,400 0.07 $2,501,361 $1,751 007 $31,300 $562,581,400 0.01 $2,501,361 $250 Total $466,600 $562,581,400 0.09 $2,501,361 $2,251 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $2,251 $0.02251 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 $529,075,300 0.00 $2,496,910 $0 2024 005 $0 $529,075,300 0.00 $2,496,910 $0 2024 006 $2,865,700 $529,075,300 0.54 $2,496,910 $13,483 2024 Total $2,865,700 $529,075,300 0.54 $2,496,910 $13,483 2023 004 $4,400 $484,203,000 0.00 $2,419,651 $0 2023 005 $10,400 $484,203,000 0.00 $2,419,651 $0 2023 006 $-55,500 $484,203,000 -0.01 $2,419,651 $-242 2023 Total $-40,700 $484,203,000 -0.01 $2,419,651 $-242 Page of 3 4 Page 40 of 44 WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 7 – Contact Information Contact name Contact title Contact email Contact phone Anastasia Gonstead Clerk (920) 387-7900agonstead@mayvillecity.com Page of 4 4 Page 41 of 44 1 Resolution #6087-2026 RESOLUTION 6087-2026 JOINT REVIEW BOARD – ACKNOWLEDGING FILING OF ANNUAL REPORTS AND COMPLIANCE WITH ANNUAL MEETING REQUIREMENT FOR THE CITY OF MAYVILLE 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 Districts No. 4, 5, 6 & 7; and WHEREAS, copies of the annual reports have been provided to each overlying taxing jurisdiction; and WHEREAS, the JRB met on September 2, 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). Introduced by: ________________________ Seconded by: ________________________ Vote: ____ Ayes ____ Nays Passed and approved: _________________ Joint Review Board Chairperson Attest: Anastasia Gonstead – Clerk/Executive Assistant Page 42 of 44 2 Resolution #6087-2026 Page 43 of 44 NOTICE OF JOINT REVIEW BOARD MEETING CITY OF MAYVILLE, WI Notice is hereby given that the City of Mayville will hold a Joint Review Board meeting on September 2, 2026 at 2 P.M. The meeting will be held at the Mayville City Hall, Council Room, located at 15 S. School St. The City will provide virtual attendance information a week prior to the meeting. The purpose of the meeting is to review the annual reports and the performance and status of each Tax Incremental District governed by the Joint Review Board as required by Wis. Stat. § 66.1105(4m)(f). The meeting is open to the public. Copies of the annual reports will be available for viewing in the offices of the City Clerk at the Mayville City Hall, located at 15 S. School St., during normal business hours and will be provided upon request. By Order of the City of Mayville, WI Page 44 of 44