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h 101 Alpine Parkway Oregon, WI 53575 | Phone: (608) 835-3118 | Fax: (608) 835-6503 www.oregonwi.gov | Find us on Facebook! Pursuant to Wis. Stat. § 19.84, notice is hereby given to the public by the Village Clerk, that the following meeting will be held: Meeting: Joint Review Board Date: Wednesday, September 16, 2026 Location: Virtual Meeting (see instructions below) Time: 8:00 AM VIRTUAL MEETING WILL BE HELD VIA ZOOM Additional connection and information instructions on final page of agenda. Join Zoom Meeting Online https://us02web.zoom.us/j/83028498249 Meeting ID: 830 2849 8249 Passcode: 941865 Call In 1-312-626-6799 Meeting ID: 830 2849 8249 Passcode: 941865 Find your local number: https://us02web.zoom.us/u/kb8VFmOfoW f Note: Any person who has a qualifying disability as defined by the Americans with Disabilities Act that requires the meeting or materials at the meeting to be in an accessible location or format must contact the Village Clerk at (608) 835 -3118, 101 Alpine Parkway , Oregon, Wisconsin, at least twenty -four (24) hours prior to the commencement of the meeting so that any necessary arrangements can be made to accommodate each request. Page 1 of 2 AGENDA 1) Call to Order. 2) Roll Call. 3) Appointments (as needed). a) Public Member. b) Chairperson. 4) 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). a) Tax Incremental District No. 3. b) Tax Incremental District No. 4. c) Tax Incremental District No. 5. d) Tax Incremental District No. 6. Page 2 of 2 5) Consider approval of Resolution No. 26-26 Acknowledging Filing of Annual Reports and Compliance with Annual Meeting Requirement. 6) Adjournment. Additional Connection Instructions/Information Participate on-line in Zoom webinar by using the link at the top of the agenda to join: (A computer, tablet or smart phone will allow participation.) a) Computer: First time users will need to download and run the Zoom client app (zoom.us) for your computer. It may be easiest to use a laptop computer with built-in camera and microphone, or a desktop computer with a headset or speakers/microphone. If you would like to speak during the meeting, but do not have a microphone on your computer, you will also need to call-in with a phone. b) Smartphone/Tablet: First time users will need to download and run the Zoom client app (zoom.us) for your iPhone, iPad or Android device to connect with your smartphone or tablet. c) Requesting Accommodations in Advance of Meeting: If you do not have internet access or are unable to participate electronically, please contact Village Clerk Candie Jones – cjones@oregonwi.gov or 608.835.3118 for accommodations 24 hours in advance of the meeting. h 101 Alpine Parkway Oregon, WI 53575 | Phone: (608) 835-3118 | Fax: (608) 835-6503 www.oregonwi.gov | Find us on Facebook! Pursuant to Wis. Stat. § 19.84, notice is hereby given to the public by the Village Clerk, that the following meeting will be held: Meeting: Joint Review Board Date: Wednesday, September 16, 2026 Location: Virtual Meeting (see instructions below) Time: 8:00 AM VIRTUAL MEETING WILL BE HELD VIA ZOOM Additional connection and information instructions on final page of agenda. Join Zoom Meeting Online https://us02web.zoom.us/j/83028498249 Meeting ID: 830 2849 8249 Passcode: 941865 Call In 1-312-626-6799 Meeting ID: 830 2849 8249 Passcode: 941865 Find your local number: https://us02web.zoom.us/u/kb8VFmOfoW f Note: Any person who has a qualifying disability as defined by the Americans with Disabilities Act that requires the meeting or materials at the meeting to be in an accessible location or format must contact the Village Clerk at (608) 835 -3118, 101 Alpine Parkway , Oregon, Wisconsin, at least twenty -four (24) hours prior to the commencement of the meeting so that any necessary arrangements can be made to accommodate each request. Page 1 of 2 AGENDA 1) Call to Order. 2) Roll Call. 3) Appointments (as needed). a) Public Member. b) Chairperson. 4) 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). a) Tax Incremental District No. 3. b) Tax Incremental District No. 4. c) Tax Incremental District No. 5. d) Tax Incremental District No. 6. Page 2 of 2 5) Consider approval of Resolution No. 26-26 Acknowledging Filing of Annual Reports and Compliance with Annual Meeting Requirement. 6) Adjournment. Additional Connection Instructions/Information Participate on-line in Zoom webinar by using the link at the top of the agenda to join: (A computer, tablet or smart phone will allow participation.) a) Computer: First time users will need to download and run the Zoom client app (zoom.us) for your computer. It may be easiest to use a laptop computer with built-in camera and microphone, or a desktop computer with a headset or speakers/microphone. If you would like to speak during the meeting, but do not have a microphone on your computer, you will also need to call-in with a phone. b) Smartphone/Tablet: First time users will need to download and run the Zoom client app (zoom.us) for your iPhone, iPad or Android device to connect with your smartphone or tablet. c) Requesting Accommodations in Advance of Meeting: If you do not have internet access or are unable to participate electronically, please contact Village Clerk Candie Jones – cjones@oregonwi.gov or 608.835.3118 for accommodations 24 hours in advance of the meeting. BUILDING COMMUNITIES. IT’S WHAT WE DO. September 16, 2026 ANNUAL TAX INCREMENTAL DISTRICT REPORT FOR: Village of Oregon, WI Tax Incremental District No. 3 Prepared by: Eh lers N19W24400 Riverwood Drive, Suite 100 Waukesha, WI 53188 Annual TID Report for Village of Oregon, WI Tax Incremental District No. 3 1 Annual Tax Incremental District Report Village of Oregon , Wisconsin Tax Incremental District No. 3 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. 3 (“District”) was created on August 16, 2005 as Blight District. In 2009, the District was amended to modify categories, locations, and projects to be undertaken within the District through the remainder of its expenditures period. The amendment also allowed the District to incur project costs outside of, but within ½ mile of, the boundaries of the District as allowed under Wisconsin Statutes s.66.1105(2)(f)1. n. The TID has an expenditure period that ends on August 16, 2027 and has a mandatory termination date of August 16, 2038 with final revenue receive in 2039. Background Data: Base Value Incremental Value (as of January 1, 2026) Year End Fund Balance (2025) Projected Closure (based on current cash flow*) Original Projected Closure** $15,267,400 $11,465,400 $14,784 2039 2032 * The Village does not expect to make additional project costs through the end of the District’s expenditure period beyond what is depicted in the cash flow. The Village approved both a 3-year standard extension and the 3-year technical college extension which moved the termination date to August 16, 2039. **Reflects the projected closure date at the time of TID creation, or most recent Project Plan amendment. Annual TID Report for Village of Oregon, WI Tax Incremental District No. 3 2 Notes: TID No. 5 is an overlay district of TID No. 3. The Village does not expect to make additional project costs through the end of the District’s life. We are focused on getting the final years of its debt obligations paid off and shifting in 2028/29 to having the TID repay the Village for many years of tax levy support. The JRB previously approved the standard and tech college extensions to help with this. Due to the elimination of personal property from the tax roll, the base value of the TID was reduced by $613,400 for the 1/1/24 values. Joint Review Board Action: Resolution acknowledging filing of Annual TID Report and compliance with annual meeting requirements. Attachments: • TID Boundary Map • TID Increment & Cash Flow Projection • State Submittal (DOR Form PE -300) TID 5 TID 3 TID 4 TID 6 Lincoln Rd USH 14 Park St S Main St Ash St N Main St Netherwood Rd Market St N Perry Pkwy CTH CC N Oak St Union Rd Jefferson St STH 138 Janesville St Alpine Pkwy Scott St S Burr Oak Ave Hill Rd S Perry Pkwy Cledell St Sumac St Lynne Trl Braun Rd E Netherwood St Schuster Rd E Lincoln St Sterling Dr Walnut St Dunn Ave Lathers Rd Glenway Rd Orchard Dr N Burr Oak Ave Brynhill Dr N Alpine Pkwy Waterman St Miller Dr Pleasant Oak Dr Cedar Dr E Richards Rd Riviera St Rinpoche Ln Rutland-Dunn Town Line Rd Wolfe St Landover Dr Clover Ln Alan Dr Inverness St Cusick Pkwy State St Augusta Dr W Netherwood St Leeward Ln Concord Dr Holm Rd Merri-Hill Dr Ames St Dewey St Drumlin Dr Oregon Parks Ave Bergamont Blvd Brook St Winged Foot Dr Foxfield Rd Lexington Dr Prairie Grass Rd Kierstead Ln N Bergamont Blvd Medinah St Nygaard St S Oak St Farwell Dr Raven Ct Oakwood Dr Liliana Ter Peace Ln Hillcrest Dr Vinyard Dr Dale Dr Thomson Ln Peterson Trl Spring St Butternut Dr Liberty Park Dr Elm St Carnoustie Way Ashworth Dr Woodvale Dr Soden Dr Autumn Woods Ln Windward Way Pine Way Forest Gln Drumlin Cir Prairie View St STH 138 EB USH 14 On Longwood Dr Edenberry Ln Thompson Dr Glenway Cir Union St Violet Ln Darcy Dr Elliott Ln Katie Ln Robinson Rd CTH MM Veldor St N Woods Edge Dr STH 138 WB USH 14 WB On Foxrun Ct Meadow Ln Cypress Way Fincastle St Oakmont St Swallow Tail Dr Franklin St Eagle Dr Johnson St Kassander Way Fairfax Ave W Lincoln St Bethel Ct W Richards Rd Saratoga Cir Ithaca Ct Maxwell St Gail Ct Amanda Ct Stoddard Dr Ellen Ct Thomas Ct Shady Oaks Ln Cell Ct Lisa Ct Humble Cir Trusler Cir Nicole Cir Birch Ct Jenna Ct Marsh Ct Augusta Dr Soden Dr CTH CC CTH MMWolfe St Bergamont Blvd Jefferson St S Perry Pkwy Drumlin Dr CTH CC Soden Dr Village of Oregon TIF Districts Shaping places, shaping change V ANDEWALLE & ASSOCIATESINC. 0.25 Miles Data Sources: Dane Co. LIO TID Half Mile Buffers TID 3 (expires 2033) TID 4 (expires 2036) TID 5 (Overlaps with TID 3) (expires 2045) TID 6 Page 3 Type of District Base Value 15,267,400 District Creation Date Appreciation Factor (5-yr avg. 3.03%) 1.00% Valuation Date Jan 1, 2005 Base Tax Rate $16.39 Max Life (Years) Rate Adjustment Factor (5-yr avg. -2.83%) -0.50% Expenditure Period/Termination 22 8/16/2027 Revenue Periods/Final Year 27 2033 Extension Eligibility/Years Yes 6 Tax Exempt Discount Rate 3.90% Recipient District Taxable Discount Rate 5.40% Construction Year Value Added Valuation Year Inflation Increment Total Increment Revenue Year Tax Rate Tax Increment1 16 2020 243,100 2021 0 10,245,500 2022 $19.63 201,109 17 2021 102,300 2022 0 10,347,800 2023 $19.00 196,624 18 2022 288,700 2023 0 10,636,500 2024 $18.03 191,739 19 2023 620,400 2024 0 11,256,900 2025 $17.88 201,218 20 2024 347,500 2025 0 11,604,400 2026 $17.50 203,029 21 2025 -139,000 2026 0 11,465,400 2027 $17.41 199,594 22 2026 0 2027 114,654 11,580,054 2028 $17.32 200,582 23 2027 0 2028 115,801 11,695,855 2029 $17.23 201,575 24 2028 0 2029 116,959 11,812,813 2030 $17.15 202,573 25 2029 0 2030 118,128 11,930,941 2031 $17.06 203,576 26 2030 0 2031 119,309 12,050,251 2032 $16.98 204,583 27 2031 0 2032 120,503 12,170,753 2033 $16.89 205,596 28 2032 0 2033 121,708 12,292,461 2034 $16.81 206,614 29 2033 0 2034 122,925 12,415,385 2035 $16.72 207,636 30 2034 0 2035 124,154 12,539,539 2036 $16.64 208,664 31 2035 0 2036 125,395 12,664,935 2037 $16.56 209,697 32 2036 0 2037 126,649 12,791,584 2038 $16.47 210,735 33 2037 0 2038 127,916 12,919,500 2039 $16.39 211,778 1,117,600 1,454,100 Future Value of Increment 3,269,189 Notes: 1) Actual results will vary depending on development, inflation of overall tax rates. Denotes executed extension of TID by 3 years (standard extension) per statutes Denotes executed extension of TID by 3 years (tech college extension) per statutes Last year of actuals Totals - Revenue Years (2024 - 2039) Village of Oregon, Wisconsin Tax Increment District #3 Tax Increment Projection Worksheet Blighted Area August 16, 2005 27 Yes Page 4 Village of Oregon, Wisconsin Tax Increment District #3 Cash Flow Projection Balances Total Debt Service Year Principal Interest Total Year 2024 191,739 (46) 464 149,340 8,762 9,477 359,736 345,000 36,900 381,900 5,333 150 387,383 (27,647) 23,341 1,445,000 2,518,162 2024 2025 201,218 189 147 165,000 7,419 14,297 388,270 365,000 29,914 394,914 1,750 253 396,917 (8,647) 14,694 1,080,000 2,690,581 2025 2026 203,029 500 173,586 7,800 6,367 391,282 380,000 21,719 401,719 1,833 4,084 407,636 (16,354) (1,660) 700,000 2,871,967 2026 2027 199,594 0 147,644 6,367 353,605 340,000 13,605 353,605 1,833 4,084 359,522 (5,917) (7,578) 360,000 3,019,611 2027 2028 200,582 0 157,906 6,367 364,855 360,000 4,855 364,855 1,833 4,084 370,772 (5,917) (13,495) 0 3,177,517 2028 2029 201,575 0 6,367 207,942 0 0 0 1,833 188,529 4,084 194,447 13,495 0 0 2,988,988 2029 2030 202,573 0 6,367 208,940 0 0 0 1,833 203,023 4,084 208,940 0 0 0 2,785,965 2030 2031 203,576 0 6,367 209,943 0 0 0 1,833 204,026 4,084 209,943 0 0 0 2,581,940 2031 2032 204,583 0 6,367 210,950 0 0 0 1,833 205,033 4,084 210,950 0 0 0 2,376,907 2032 2033 205,596 0 6,367 211,963 0 0 0 1,833 206,046 4,084 211,963 0 0 0 2,170,861 2033 2034 206,614 0 6,367 212,981 0 0 0 1,833 207,064 4,084 212,981 0 0 0 1,963,798 2034 2035 207,636 0 6,367 214,003 0 0 0 1,833 208,086 4,084 214,003 0 0 0 1,755,712 2035 2036 208,664 0 6,367 215,031 0 0 0 1,833 209,114 4,084 215,031 0 0 0 1,546,598 2036 2037 209,697 0 6,367 216,064 0 0 0 1,833 210,147 4,084 216,064 0 0 0 1,336,452 2037 2038 210,735 0 6,367 217,102 0 0 0 1,833 211,185 4,084 217,102 0 0 0 1,125,267 2038 2039 211,778 0 6,367 218,145 0 0 0 10,000 204,061 4,084 218,145 0 0 0 921,207 2039 Total (2024 - 2039) 3,269,189 643 611 793,476 23,981 112,912 4,200,812 1,790,000 106,993 1,896,993 40,912 2,256,310 57,584 4,251,800 Total (2024 - 2039) Notes: Legend: Projected TID Closure 1)Only 2024 and beyond depicted for scale. Last Year of audited financials Denotes executed standard extension (3 years) per statutes Denotes executed tech college extension (3 years) per statutes Prof. Services Admin. Total Expenditures Annual Cumulative Principal OutstandingTransfer Out Interest Earnings/ (Cost) GroMor Company/O ther Projected Revenues Water Fund Support Tax Levy Support Intergov. Revenue Total Revenues Tax Increments Page 5 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 13165 OREGON DANE 07/01/2026 AMENDED 003 2 N/A 08/16/2005 08/16/2038 N/A $23,341 Section 3 – Revenue Amount Tax increment Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID $201,218 $189 $0 $0 $14,297 $0 TID number $0 Developer guarantees Developer name GROMOR $147 Transfer from other funds Source WATER DEBT SERVICE $7,419 Grants Source $0 Other revenue Source GENERAL PROPERTY TAX $165,000 Total Revenue (deposits) $388,270 Page 6 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 $0 $103 $1,750 $29,914 $150 $0 $0 $365,000 $0 $0 TID number $0 Developer grants Developer name N/A $0 Transfer to other funds Fund $0 Other expenditures Name $0 Total Expenditures $396,917 Section 5 – Ending Balance Amount TID fund balance at end of year Future costs Future revenue Surplus or deficit $14,694 $3,656,784 $3,641,621 $-469 Page 7 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 003 $0 $0 $0 $0 004 $819,500 $0 $-5,700 $813,800 005 $7,488,100 $0 $-200 $7,487,900 006 $7,722,200 $0 $0 $7,722,200 Total $16,029,800 $0 $-5,900 $16,023,900 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 $0 $1,948,853,600 0.00 $6,239,947 $0 004 $813,800 $1,948,853,600 0.04 $6,239,947 $2,496 005 $7,487,900 $1,948,853,600 0.38 $6,239,947 $23,712 006 $7,722,200 $1,948,853,600 0.40 $6,239,947 $24,960 Total $16,023,900 $1,948,853,600 0.82 $6,239,947 $51,168 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $51,168 $0.51168 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 003 $0 $1,820,588,000 0.00 $5,807,824 $0 2024 004 $13,202,400 $1,820,588,000 0.73 $5,807,824 $42,397 2024 005 $574,400 $1,820,588,000 0.03 $5,807,824 $1,742 2024 006 $0 $1,820,588,000 0.00 $5,807,824 $0 2024 Total $13,776,800 $1,820,588,000 0.76 $5,807,824 $44,139 2023 003 $0 $1,587,674,000 0.00 $5,626,862 $0 2023 004 $2,035,900 $1,587,674,000 0.13 $5,626,862 $7,315 2023 005 $17,500 $1,587,674,000 0.00 $5,626,862 $0 2023 Total $2,053,400 $1,587,674,000 0.13 $5,626,862 $7,315 Page 8 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 LISA NOVINSKA Treasurer (608) 835-6281lnovinska@oregonwi.gov Lisa Novinska Finance Director (608) 835-6281lnovinska@vil.oregon.wi.us Submission Information Co-muni code TID number Submission date Confirmation Submission type 13165 003 06-29-2026 10:35 AM TIDAR20250385A1782747211849 AMENDED Page 9 BUILDING COMMUNITIES. IT’S WHAT WE DO. September 16, 2026 ANNUAL TAX INCREMENTAL DISTRICT REPORT FOR: Village of Oregon, WI Tax Incremental District No. 4 Prepared by: Ehlers N19W24400 Riverwood Drive, Suite 100 Waukesha, WI 53188 Annual TID Report for Village of Oregon, WI Tax Incremental District No. 4 1 Annual Tax Incremental District Report Village of Oregon , 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 September 15, 2008 as a Rehabilitation District. In 2021, the Joint Review Board approved the extension of the District by 6 years using the Technical College and Standard extension available to the District. The TID has an expenditure period that ends on September 15, 2030 and has a mandatory termination date of September 15, 2041 with an allowable final revenue year of 2042. Background Data: Base Value Incremental Value (as of January 1, 2026) Year End Fund Balance (2025) Projected Closure (based on current cash flow*) Original Projected Closure** $12,099,400 $34,123,100 $467,232 2041 2034 * Most of the identified projects in the project plan have been completed, and the Village does not anticipate significant additional projects costs through the end of the District’s expenditure period. One notable project remaining is a trail project along Park Street currently targeted for 2030. The projected closure year identified is based on current cash flow projections plus anticipated infrastructure costs yet to be determined. **Reflects the projected closure date at the time of TID creation. Annual TID Report for Village of Oregon, WI Tax Incremental District No. 4 2 Notes: The Village realized $4,375,200 of value from the completion of the Sleep Inn Hotel development. An $800,000 Municipal Revenue Obligation was issued with payments to be made between 2020 through 2032. The Rosewood Apartment building project began in 2020 and completed construction in 2021. The development generated a value of $7.2 million. A $711,177 Municipal Revenue Obligation was issued with payments anticipated to be made between 2022 through 2030. Prairie Brooke Apartments, which is a Low-Income Housing Tax Credit (LIHTC) project, began construction in 2021. The project has been completed and has a total value of approximately $13.6 million. A $2,755,797 Municipal Revenue Obligation was issued in December 2024 with payments anticipated to be made between 2025 through 2042. The Bodihow Brewery project began construction in 2022 and was completed in 2023. A $285,000 Municipal Revenue Obligation was issued in July 2025 issued with payments anticipated to be made between 2025 through 2042. Recently completed projects within the TID include a new Culver’s restaurant with a total value of $2.5 million (1075 Park St., completed March 2023), a new Kwik Trip gas station with a total value of $2.7 million (951 Janesville St., completed late 2023), and a new Kwik Trip standalone car wash (916 Janesville St., completion mid-2024). The car wash replaced the Kwik Trip gas station which was demolished (it moved across the street in 2023) with a total value of $868,000. The former gas station had a previous value of $754,800 on the site. Due to the elimination of personal property from the tax roll, the base value of the TID was reduced by $718,700 for the 1/1/24 values. In December 2025, the Village Board approved repayment of an advance from the TID to the General Fund of $65,330.39 (reflected in 2025 Audited Financial Statements). In 2026, construction was initiated on a single lane/bay expansion to the standalone Kwik Trip Car Wash. Full value expected in 1/1/2027. Estimate $250,000 in new value. Annual TID Report for Village of Oregon, WI Tax Incremental District No. 4 3 Joint Review Board Action: Resolution acknowledging filing of Annual TID Report and compliance with annual meeting requirements. Attachments: • TID Boundary Map • TID Development Assumptions, Increment & Cash Flow Projection • State Submittal (DOR Form PE -300) TID 5 TID 3 TID 4 TID 6 Lincoln Rd USH 14 Park St S Main St Ash St N Main St Netherwood Rd Market St N Perry Pkwy CTH CC N Oak St Union Rd Jefferson St STH 138 Janesville St Alpine Pkwy Scott St S Burr Oak Ave Hill Rd S Perry Pkwy Cledell St Sumac St Lynne Trl Braun Rd E Netherwood St Schuster Rd E Lincoln St Sterling Dr Walnut St Dunn Ave Lathers Rd Glenway Rd Orchard Dr N Burr Oak Ave Brynhill Dr N Alpine Pkwy Waterman St Miller Dr Pleasant Oak Dr Cedar Dr E Richards Rd Riviera St Rinpoche Ln Rutland-Dunn Town Line Rd Wolfe St Landover Dr Clover Ln Alan Dr Inverness St Cusick Pkwy State St Augusta Dr W Netherwood St Leeward Ln Concord Dr Holm Rd Merri-Hill Dr Ames St Dewey St Drumlin Dr Oregon Parks Ave Bergamont Blvd Brook St Winged Foot Dr Foxfield Rd Lexington Dr Prairie Grass Rd Kierstead Ln N Bergamont Blvd Medinah St Nygaard St S Oak St Farwell Dr Raven Ct Oakwood Dr Liliana Ter Peace Ln Hillcrest Dr Vinyard Dr Dale Dr Thomson Ln Peterson Trl Spring St Butternut Dr Liberty Park Dr Elm St Carnoustie Way Ashworth Dr Woodvale Dr Soden Dr Autumn Woods Ln Windward Way Pine Way Forest Gln Drumlin Cir Prairie View St STH 138 EB USH 14 On Longwood Dr Edenberry Ln Thompson Dr Glenway Cir Union St Violet Ln Darcy Dr Elliott Ln Katie Ln Robinson Rd CTH MM Veldor St N Woods Edge Dr STH 138 WB USH 14 WB On Foxrun Ct Meadow Ln Cypress Way Fincastle St Oakmont St Swallow Tail Dr Franklin St Eagle Dr Johnson St Kassander Way Fairfax Ave W Lincoln St Bethel Ct W Richards Rd Saratoga Cir Ithaca Ct Maxwell St Gail Ct Amanda Ct Stoddard Dr Ellen Ct Thomas Ct Shady Oaks Ln Cell Ct Lisa Ct Humble Cir Trusler Cir Nicole Cir Birch Ct Jenna Ct Marsh Ct Augusta Dr Soden Dr CTH CC CTH MMWolfe St Bergamont Blvd Jefferson St S Perry Pkwy Drumlin Dr CTH CC Soden Dr Village of Oregon TIF Districts Shaping places, shaping change V ANDEWALLE & ASSOCIATESINC. 0.25 Miles Data Sources: Dane Co. LIO TID Half Mile Buffers TID 3 (expires 2033) TID 4 (expires 2036) TID 5 (Overlaps with TID 3) (expires 2045) TID 6 Page 4 Actual Kwik Trip Car Wash Annual Total 1 2008 0 2008 1 2 2009 0 2009 2 3 2010 0 2010 3 4 2011 567,400 567,400 2011 4 5 2012 128,000 128,000 2012 5 6 2013 428,400 428,400 2013 6 7 2014 346,400 346,400 2014 7 8 2015 (1,267,800) (1,267,800) 2015 8 9 2016 753,300 753,300 2016 9 10 2017 (322,600) (322,600) 2017 10 11 2018 1,696,300 1,696,300 2018 11 12 2019 2,433,500 2,433,500 2019 12 13 2020 2,065,500 2,065,500 2020 13 14 2021 8,862,900 8,862,900 2021 14 15 2022 4,242,600 4,242,600 2022 15 16 2023 16,075,200 16,075,200 2023 16 17 2024 (492,600) (492,600) 2024 17 18 2025 (1,393,400) (1,393,400) 2025 18 19 2026 250,000 250,000 2026 19 20 2027 0 2027 20 21 2028 0 2028 21 22 2029 0 2029 22 23 2030 0 2030 23 24 2031 0 2031 24 25 2032 0 2032 25 26 2033 0 2033 26 27 2034 0 2034 27 Totals 34,123,100 250,000 27,544,700 Notes: Construction Year Construction Year Village of Oregon, Wisconsin Tax Increment District #4 Development Assumptions Page 5 Type of District Base Value 12,099,400 District Creation Date Appreciation Factor (5-yr avg. 3.03%) 0.00% Valuation Date Jan 1, 2008 Base Tax Rate $16.15 Max Life (Years) Rate Adjustment Factor (5-yr avg. -2.83%) -0.50% Expenditure Period/Termination 22 9/15/2030 Revenue Periods/Final Year 27 2042 Recipient District Construction Year Value Added Valuation Year Inflation Increment Total Increment Revenue Year Tax Rate Tax Increment 13 2020 2,065,500 2021 0 6,828,400 2022 $19.63 134,035 14 2021 8,862,900 2022 0 15,691,300 2023 $19.00 298,159 15 2022 4,242,600 2023 0 19,933,900 2024 $18.03 359,338 16 2023 16,075,200 2024 0 36,009,100 2025 $17.88 643,665 17 2024 -492,600 2025 0 35,516,500 2026 $17.50 621,393 18 2025 -1,393,400 2026 0 34,123,100 2027 $17.41 594,029 19 2026 250,000 2027 0 34,373,100 2028 $17.32 595,389 20 2027 0 2028 0 34,373,100 2029 $17.23 592,412 21 2028 0 2029 0 34,373,100 2030 $17.15 589,450 22 2029 0 2030 0 34,373,100 2031 $17.06 586,503 23 2030 0 2031 0 34,373,100 2032 $16.98 583,570 24 2031 0 2032 0 34,373,100 2033 $16.89 580,653 25 2032 0 2033 0 34,373,100 2034 $16.81 577,749 26 2033 0 2034 0 34,373,100 2035 $16.72 574,861 27 2034 0 2035 0 34,373,100 2036 $16.64 571,986 28 2035 0 2036 0 34,373,100 2037 $16.56 569,126 29 2036 0 2037 0 34,373,100 2038 $16.47 566,281 30 2037 0 2038 0 34,373,100 2039 $16.39 563,449 31 2038 0 2039 0 34,373,100 2040 $16.31 560,632 32 2039 0 2040 0 34,373,100 2041 $16.23 557,829 33 2040 0 2041 0 34,373,100 2042 $16.15 555,040 18,681,800 0 Future Value of Increment 10,843,355 Notes: 1) Actual results will vary depending on development, inflation of overall tax rates. - ACT 145 3-year TID extension, approved 2021. - Standard 3-year TID extension approved 2021. Totals - Revenue Years (2024 - 2042) Village of Oregon, Wisconsin Tax Increment District #4 Tax Increment Projection Worksheet Rehabilitation September 15, 2008 27 Yes Page 6 Village of Oregon, Wisconsin Tax Increment District #4 Cash Flow Projection Projected Revenues Projected Expenditures Balances Total Debt Service Year Principal Interest Total TIF Incentives1 Year 2024 359,338 34,810 2,933 166,851 5,696 569,628 129,378 41,720 171,098 181,664 1,833 9,963 3,236 33,336 401,130 168,498 480,262 7,912,556 798,333 2024 2025 643,664 36,974 11,731 4,235 696,604 135,402 40,798 176,200 446,175 1,750 65,330 20,179 709,634 (13,030) 467,232 7,373,772 737,238 2025 2026 621,393 8,050 10,798 640,241 136,418 33,261 169,679 483,586 3,000 13,399 669,664 (29,423) 437,809 6,826,201 737,238 2026 2027 594,029 8,756 10,798 613,583 122,475 35,379 157,854 508,793 3,000 40,000 709,647 (96,064) 341,745 6,284,484 737,238 2027 2028 595,389 6,835 10,798 613,022 128,536 30,046 158,582 487,897 3,000 40,000 689,479 (76,457) 265,288 5,728,346 737,238 2028 2029 592,412 5,306 10,798 608,516 129,715 26,043 155,758 490,631 3,000 40,000 689,389 (80,873) 184,415 5,162,204 737,238 2029 2030 589,450 3,688 10,798 603,936 90,904 22,637 113,541 455,291 3,000 7,000 50,000 40,000 668,832 (64,896) 119,519 4,663,844 687,238 2030 2031 586,503 2,390 10,798 599,691 67,140 19,959 87,099 406,894 3,000 95,000 60,000 40,000 691,993 (92,302) 27,217 4,220,245 627,238 2031 2032 583,570 544 10,798 594,912 68,401 17,756 86,157 409,711 3,000 56,000 40,000 594,868 44 27,261 3,768,319 571,238 2032 2033 580,653 545 10,798 591,996 69,762 15,578 85,340 412,555 3,000 51,000 40,000 591,895 101 27,362 3,307,598 520,238 2033 2034 577,749 547 10,798 589,094 71,152 13,371 84,523 323,894 3,000 137,000 40,000 588,417 677 28,039 2,929,101 383,238 2034 2035 574,861 561 10,798 586,220 72,598 11,108 83,706 325,416 3,000 134,000 40,000 586,122 98 28,137 2,546,996 249,238 2035 2036 571,986 563 10,798 583,347 74,093 8,795 82,888 326,945 3,000 130,000 40,000 582,833 514 28,651 2,161,177 119,238 2036 2037 569,126 573 10,798 580,497 75,666 6,403 82,069 328,478 3,000 119,238 40,000 572,785 7,712 36,363 1,771,508 0 2037 2038 566,281 727 10,798 577,806 35,000 3,952 38,952 330,018 3,000 0 40,000 411,970 165,836 202,199 1,420,165 0 2038 2039 563,449 4,044 10,798 578,291 40,000 3,070 43,070 331,563 3,000 40,000 417,633 160,658 362,857 1,061,414 0 2039 2040 560,632 7,257 10,798 578,687 40,000 1,889 41,889 333,113 3,000 40,000 418,002 160,685 523,542 700,188 0 2040 2041 557,829 10,471 10,798 579,098 40,000 900 40,900 334,670 40,000 415,570 163,528 687,070 336,409 0 2041 2042 555,040 13,741 10,798 579,579 10,000 200 10,200 336,232 346,432 233,147 920,217 0 0 2042 Total (2024 - 2042) 10,843,354 146,382 198,230 166,851 9,931 11,364,748 1,536,640 332,865 1,869,505 7,253,526 48,583 111,963 3,236 802,568 666,914 10,756,295 Total (2024 - 2042) Tax Increments Interest Earnings/ (Cost) Intergov. Revenue Tax Levy Support Transfer From Water / Sewer Total Revenues Other Fund Support to be Repaid Prof. Services Capital Admin. Total Expenditures Annual Cumulative Principal Outstanding Interest on Advance Repayment of Other Fund Support Page 7 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 13165 OREGON DANE 07/01/2026 AMENDED 004 3 N/A 09/15/2008 09/15/2041 N/A $480,262 Section 3 – Revenue Amount Tax increment Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID $643,664 $36,974 $0 $0 $11,731 $0 TID number Developer guarantees Developer name Transfer from other funds Source WATER DEBT SERVICE $2,821 Source SEWER DEBT SERVICE $1,414 Grants Source $0 Other revenue Source $0 Total Revenue (deposits) $696,604 Page 8 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 $0 $20,029 $1,750 $40,798 $150 $0 $0 $135,402 $0 $0 TID number $0 Developer grants Developer name OREGON HOTEL LLC $79,542 Developer name OREGON APARTMENTS LLC $101,932 Developer name PRAIRIE BROOK APARTMENTS LLC $234,452 Developer name JAD BODI LLC $30,249 Transfer to other funds Fund REPAYMENT OF ADVANCE TO TID 4 $65,330 Other expenditures Name $0 Total Expenditures $709,634 Section 5 – Ending Balance Amount TID fund balance at end of year Future costs Future revenue Surplus or deficit $467,232 $9,221,658 $10,056,875 $1,302,449 Page 9 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 003 $0 $0 $0 $0 004 $819,500 $0 $-5,700 $813,800 005 $7,488,100 $0 $-200 $7,487,900 006 $7,722,200 $0 $0 $7,722,200 Total $16,029,800 $0 $-5,900 $16,023,900 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 $0 $1,948,853,600 0.00 $6,239,947 $0 004 $813,800 $1,948,853,600 0.04 $6,239,947 $2,496 005 $7,487,900 $1,948,853,600 0.38 $6,239,947 $23,712 006 $7,722,200 $1,948,853,600 0.40 $6,239,947 $24,960 Total $16,023,900 $1,948,853,600 0.82 $6,239,947 $51,168 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $51,168 $0.51168 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 003 $0 $1,820,588,000 0.00 $5,807,824 $0 2024 004 $13,202,400 $1,820,588,000 0.73 $5,807,824 $42,397 2024 005 $574,400 $1,820,588,000 0.03 $5,807,824 $1,742 2024 006 $0 $1,820,588,000 0.00 $5,807,824 $0 2024 Total $13,776,800 $1,820,588,000 0.76 $5,807,824 $44,139 2023 003 $0 $1,587,674,000 0.00 $5,626,862 $0 2023 004 $2,035,900 $1,587,674,000 0.13 $5,626,862 $7,315 2023 005 $17,500 $1,587,674,000 0.00 $5,626,862 $0 2023 Total $2,053,400 $1,587,674,000 0.13 $5,626,862 $7,315 Page 10 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 LISA NOVINSKA Treasurer (608) 835-6281lnovinska@oregonwi.gov Lisa Novinska Finance Director (608) 835-6281lnovinska@oregonwi.gov Submission Information Co-muni code TID number Submission date Confirmation Submission type 13165 004 06-29-2026 11:05 AM TIDAR20250385A1782747175998 AMENDED Page 11 BUILDING COMMUNITIES. IT’S WHAT WE DO. September 16, 2026 ANNUAL TAX INCREMENTAL DISTRICT REPORT FOR: Village of Oregon, WI Tax Incremental District No. 5 Prepared by: Eh lers N19W24400 Riverwood Drive, Suite 100 Waukesha, WI 53188 Annual TID Report for Village of Oregon, WI Tax Incremental District No. 5 1 Annual Tax Incremental District Report Village of Oregon , 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 August 7, 2017 as Rehabilitation District. The TID has an expenditure period that ends on August 7, 2039 and has a mandatory termination date of August 7, 2044 with final revenue receive 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*) Original Projected Closure** $51,132,200 $43,2 84,000 $11 7,637 2040 2043 * The Village expects to make additional projects costs through the end of the District’s expenditure period. The projected closure year identified is based on current cash flow projections plus anticipated infrastructure costs yet t o b e determined. **Reflects the projected closure date at the time of TID creation. Annual TID Report for Village of Oregon, WI Tax Incremental District No. 5 2 Notes: TID No. 5 is an overlay district to TID No. 3. The Thysse project was completed in 2020 and created new value of approximately $6.87 million. A Municipal Revenue Obligation (MRO) was issued in 2019 for $800,000 related to the completion of the Jefferson Crossing Development. Incentive payments are anticipated to be paid to the developer from 2020 through 2029. 880 N. Main St. Apartments opened in August 2024 after the demolition of a former auto body shop on the property in May 2023. This project added 49 market-rate apartment units to the Village. Value of approximately $5.096 million will be generated from the development. An $820,000 Municipal Revenue Obligation is projected to be issued with incentive payments anticipated to be made between 2025 through 2042. North Main St. Townhomes began construction in December 2024, with an anticipated end date of September 2025. This project will add 24 workforce housing units to the Village. All townhomes are 3-bedroom and aimed to serve families. The property was vacant prior to construction. A portion of the site was retained by the Village for use as a public park. Due to the elimination of personal property from the tax roll, the base value of the TID was reduced by $2,564,500 for the 1/1/24 values. Main Street Townhouse project located at 239 N. Main Street completed in construction 2025. Full value was realized on 1/1/26. 2026 Assessed value is $3,013,000 (2025 Assessed Value was $279,200). DOR made a Non- Manufacturing Real Estate Prior Year Correction of (3,335,900) to the 1/1/26 values. 2026A GO Note issued, included $315,000 in borrowing for TID 5 Capital Projects (Park / Waterman Street Intersection Reconstruction Project) Joint Review Board Action: Resolution acknowledging filing of Annual TID Report and compliance with annual meeting requirements. Attachments: • TID Boundary Map • TID Increment & Cash Flow Projection • State Submittal (DOR Form PE -300) Village of Oregon TID #5 Project Plan DOR Submission Page 3 Type of District Base Value 51,132,200 Creation Date Appreciation Factor 1.00% Valuation Date Jan 1, 2017 Base Tax Rate $15.91 Max Life (Years) Rate Adjustment Factor -0.50% Expenditure Periods/Termination 22 8/7/2039 Revenue Periods/Final Year 27 2045 Extension Eligibility/Years Yes 3 Recipient District Construction Year Value Added Valuation Year Inflation Increment Total Increment Revenue Year Tax Rate Tax Increment1 6 2022 (6,770,200) 2023 0 19,508,000 2024 $18.03 351,662 7 2023 13,519,300 2024 0 33,027,300 2025 $17.88 590,365 8 2024 9,621,000 2025 0 42,648,300 2026 $17.50 746,169 9 2025 635,700 2026 0 43,284,000 2027 $17.41 753,505 10 2026 0 2027 944,162 44,228,162 2028 $17.32 766,092 11 2027 0 2028 953,604 45,181,766 2029 $17.23 778,696 12 2028 0 2029 963,140 46,144,905 2030 $17.15 791,319 13 2029 0 2030 972,771 47,117,676 2031 $17.06 803,961 14 2030 0 2031 982,499 48,100,175 2032 $16.98 816,622 15 2031 0 2032 992,324 49,092,499 2033 $16.89 829,301 16 2032 0 2033 1,002,247 50,094,746 2034 $16.81 842,001 17 2033 0 2034 1,012,269 51,107,015 2035 $16.72 854,720 18 2034 0 2035 1,022,392 52,129,407 2036 $16.64 867,460 19 2035 0 2036 1,032,616 53,162,024 2037 $16.56 880,220 20 2036 0 2037 1,042,942 54,204,966 2038 $16.47 893,001 21 2037 0 2038 1,053,372 55,258,337 2039 $16.39 905,803 22 2038 0 2039 1,063,905 56,322,243 2040 $16.31 918,626 23 2039 0 2040 1,074,544 57,396,787 2041 $16.23 931,471 24 2040 0 2041 1,085,290 58,482,077 2042 $16.15 944,339 25 2041 0 2042 1,096,143 59,578,220 2043 $16.07 957,228 26 2042 0 2043 1,107,104 60,685,324 2044 $15.99 970,141 27 2043 0 2044 1,118,175 61,803,499 2045 $15.91 983,077 17,005,800 18,519,499 Future Value of Increment 18,175,779 Notes: 1) Actual results will vary depending on development, inflation of overall tax rates. Last year of actuals Rehabilitation August 7, 2017 27 Yes Totals - Revenue Years (2024 - 2045) Village of Oregon Tax Increment District #5 Tax Increment Projection Worksheet Page 4 Village of Oregon Tax Increment District #5 Cash Flow Projection Balances Year Principal Interest Total Year 2024 351,662 (2,598) 349,064 177,500 73,885 251,385 105,581 47,610 404,576 (55,512) (136,394) 1,268,119 305,437 2024 2025 590,364 7,599 89,141 47,244 734,348 182,500 70,700 253,200 119,337 32,758 75,022 480,317 254,031 117,637 3,925,901 305,437 2025 2026 746,169 150 204,371 49,244 999,934 200,000 68,244 268,244 197,223 1,500 201,000 175,606 35,505 879,078 120,856 238,493 3,622,529 129,831 2026 2027 753,505 4,770 1,615,000 47,244 2,420,519 197,500 80,649 278,149 155,344 34,120 1,596,000 129,831 45,000 2,238,444 182,075 420,568 3,317,575 0 2027 2028 766,092 8,411 40,000 47,244 861,747 237,500 165,832 403,332 154,568 1,068 40,000 45,000 643,969 217,779 638,347 3,003,338 0 2028 2029 778,696 12,767 275,000 47,244 1,113,707 275,000 128,579 403,579 153,796 6,736 272,000 45,000 881,112 232,596 870,943 2,687,109 0 2029 2030 791,319 17,419 365,000 47,244 1,220,982 280,000 139,107 419,107 119,046 8,342 361,000 45,000 952,495 268,488 1,139,431 7,410,151 0 2030 2031 803,961 22,789 85,000 47,244 958,994 290,000 150,089 440,089 60,867 1,874 83,000 45,000 630,829 328,165 1,467,596 7,084,784 0 2031 2032 816,622 29,352 1,295,000 47,244 2,188,218 310,000 137,474 447,474 60,562 27,800 1,276,000 45,000 1,856,836 331,383 1,798,979 6,738,308 0 2032 2033 829,301 35,980 795,000 47,244 1,707,525 380,000 220,818 600,818 60,259 17,860 788,000 45,000 1,511,936 195,589 1,994,568 6,320,675 0 2033 2034 842,001 39,891 350,000 47,244 1,279,136 440,000 233,177 673,177 59,958 9,245 343,000 45,000 1,130,381 148,756 2,143,324 5,841,838 0 2034 2035 854,720 42,866 380,000 47,244 1,324,830 485,000 221,960 706,960 59,658 9,883 376,000 45,000 1,197,502 127,329 2,270,653 5,316,748 0 2035 2036 867,460 45,413 47,244 960,117 515,000 222,160 737,160 59,360 0 45,000 841,520 118,598 2,389,251 4,760,352 0 2036 2037 880,220 47,785 47,244 975,249 555,000 191,296 746,296 59,063 45,000 850,359 124,891 2,514,142 4,162,597 0 2037 2038 893,001 50,283 47,244 990,528 545,000 168,995 713,995 58,768 45,000 817,763 172,765 2,686,907 3,573,428 0 2038 2039 905,803 53,738 47,244 1,006,785 560,000 146,399 706,399 58,474 45,000 809,873 196,913 2,883,820 2,967,785 0 2039 2040 918,626 57,676 47,244 1,023,546 500,000 124,205 624,205 58,182 45,000 727,387 296,159 3,179,979 2,420,608 0 2040 2041 931,471 63,600 995,071 500,000 102,619 602,619 57,891 45,000 705,510 289,561 3,469,540 1,871,836 0 2041 2042 944,339 69,391 1,013,730 425,000 81,380 506,380 45,000 551,380 462,350 3,931,890 1,435,000 0 2042 2043 957,228 78,638 1,035,866 455,000 59,829 514,829 45,000 559,829 476,037 4,407,927 980,000 0 2043 2044 970,141 88,159 1,058,300 475,000 36,960 511,960 45,000 556,960 501,340 4,909,267 505,000 0 2044 2045 983,077 98,185 1,081,262 505,000 12,803 517,803 45,000 562,803 518,460 5,427,727 0 0 2045 Total (2024 - 2045) 18,175,778 872,264 5,493,512 757,910 0 25,299,464 8,490,000 2,837,158 11,327,158 1,657,937 118,429 5,368,758 305,437 1,013,137 19,790,855 Total (2024 - 2045) Notes: Legend: Projected Closure Year 1) 2024 and beyond depicted for scale. - Latest audit year Expenditure Period Final Year Projected Revenues Projected Expenditures Total Debt Service Repayment of Tax Levy SupportCapital Existing & Projected Tax Increments Interest Earnings/ (Cost) Debt Proceeds Other Tax Levy Support Total Revenues Principal Outstanding Tax Levy Support to be Repaid Total Expenditures Annual CumulativeAdmin. Developer Grants / MRO Debt Issuance Costs Page 5 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 13165 OREGON DANE 07/01/2026 ORIGINAL 005 3 N/A 08/07/2017 08/07/2044 12/31/2034 $-136,394 Section 3 – Revenue Amount Tax increment Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID $590,364 $7,599 $85,000 $0 $47,244 $0 TID number $0 Developer guarantees Developer name $0 Transfer from other funds Source $0 Grants Source $0 Other revenue Source PREMIUM ON DEBT ISSUANCE $4,141 Total Revenue (deposits) $734,348 Page 6 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 $32,758 $33,442 $41,430 $70,700 $150 $0 $0 $182,500 $0 $0 TID number $0 Developer grants Developer name LAKESTONE PROPERTIES $109,914 Developer name OREGON APARTMENTS TOO LLC $9,423 Transfer to other funds Fund $0 Other expenditures Name $0 Total Expenditures $480,317 Section 5 – Ending Balance Amount TID fund balance at end of year Future costs Future revenue Surplus or deficit $117,637 $8,141,195 $10,999,970 $2,976,412 Page 7 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 003 $0 $0 $0 $0 004 $819,500 $0 $-5,700 $813,800 005 $7,488,100 $0 $-200 $7,487,900 006 $7,722,200 $0 $0 $7,722,200 Total $16,029,800 $0 $-5,900 $16,023,900 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 $0 $1,948,853,600 0.00 $6,239,947 $0 004 $813,800 $1,948,853,600 0.04 $6,239,947 $2,496 005 $7,487,900 $1,948,853,600 0.38 $6,239,947 $23,712 006 $7,722,200 $1,948,853,600 0.40 $6,239,947 $24,960 Total $16,023,900 $1,948,853,600 0.82 $6,239,947 $51,168 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $51,168 $0.51168 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 003 $0 $1,820,588,000 0.00 $5,807,824 $0 2024 004 $13,202,400 $1,820,588,000 0.73 $5,807,824 $42,397 2024 005 $574,400 $1,820,588,000 0.03 $5,807,824 $1,742 2024 006 $0 $1,820,588,000 0.00 $5,807,824 $0 2024 Total $13,776,800 $1,820,588,000 0.76 $5,807,824 $44,139 2023 003 $0 $1,587,674,000 0.00 $5,626,862 $0 2023 004 $2,035,900 $1,587,674,000 0.13 $5,626,862 $7,315 2023 005 $17,500 $1,587,674,000 0.00 $5,626,862 $0 2023 Total $2,053,400 $1,587,674,000 0.13 $5,626,862 $7,315 Page 8 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 LISA NOVINSKA Treasurer (608) 835-6281lnovinska@oregonwi.gov Lisa Novinska Finance Director (608) 835-6281lnovinska@vil.oregon.wi.us Submission Information Co-muni code TID number Submission date Confirmation Submission type 13165 005 06-29-2026 11:06 AM TIDAR20250385O1782137377598 ORIGINAL Page 9 BUILDING COMMUNITIES. IT’S WHAT WE DO. September 16, 2026 ANNUAL TAX INCREMENTAL DISTRICT REPORT FOR: Village of Oregon, WI Tax Incremental District No. 6 Prepared by: Ehlers N19W24400 Riverwood Drive, Suite 100 Waukesha, WI 53188 Annual TID Report for Village of Oregon, WI Tax Incremental District No. 6 1 Annual Tax Incremental District Report Village of Oregon , 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 August 21, 2023 as Mixed Use District. The TID has an expenditure period that ends on August 21, 2038 and has a mandatory termination date of August 21, 2043 with final revenue to be received in 2044. Background Data: Base Value Incremental Value (as of January 1, 2026) Year End Fund Balance (2025) Projected Closure (based on current cash flow*) Original Projected Closure** $155,900 $7,508,400 $(33,744) 2042 2042 * The Village expects to make additional projects costs through the end of the District’s expenditure period. The projected closure year identified is based on current cash flow projections plus anticipated infrastructure costs yet to be determined. **Reflects the projected closure date at the time of TID creation. Annual TID Report for Village of Oregon, WI Tax Incremental District No. 6 2 Notes: The District was created to pay the costs of incentives to aid in the construction of a Low Income Housing Tax Credit (LIHTC) affordable housing development (“Project”) to be developed by Northpointe Development (“Developer”). In December 2024, the CC Lane Apartment and Townhome Construction was completed, adding 70 workforce housing units to the Village. The project was constructed on vacant land. The MRO, which is described in more detail below, was issued April 2025. To fill the remaining financial gap of the Project, the Village will provide incentive payments on a pay as you go basis with an estimated present value of $1,500,000. (Projected future value payments of $2,603,752). Provision of the Village incentive will increase the projected yield on cost at stabilization from 2.8% without assistance to 3.8% with assistance. Even still, a market rate multifamily development would generally need to achieve a yield on cost at stabilization in the range of 6.0 to 7.0% to attract the necessary capital investment. Joint Review Board Action: Resolution acknowledging filing of Annual TID Report and compliance with annual meeting requirements. Attachments: • TID Boundary Map • TID Increment & Cash Flow Projection • State Submittal (DOR Form PE -300) TID 5 TID 3 TID 4 TID 6 Lincoln Rd USH 14 Park St S Main St Ash St N Main St Netherwood Rd Market St N Perry Pkwy CTH CC N Oak St Union Rd Jefferson St STH 138 Janesville St Alpine Pkwy Scott St S Burr Oak Ave Hill Rd S Perry Pkwy Cledell St Sumac St Lynne Trl Braun Rd E Netherwood St Schuster Rd E Lincoln St Sterling Dr Walnut St Dunn Ave Lathers Rd Glenway Rd Orchard Dr N Burr Oak Ave Brynhill Dr N Alpine Pkwy Waterman St Miller Dr Pleasant Oak Dr Cedar Dr E Richards Rd Riviera St Rinpoche Ln Rutland-Dunn Town Line Rd Wolfe St Landover Dr Clover Ln Alan Dr Inverness St Cusick Pkwy State St Augusta Dr W Netherwood St Leeward Ln Concord Dr Holm Rd Merri-Hill Dr Ames St Dewey St Drumlin Dr Oregon Parks Ave Bergamont Blvd Brook St Winged Foot Dr Foxfield Rd Lexington Dr Prairie Grass Rd Kierstead Ln N Bergamont Blvd Medinah St Nygaard St S Oak St Farwell Dr Raven Ct Oakwood Dr Liliana Ter Peace Ln Hillcrest Dr Vinyard Dr Dale Dr Thomson Ln Peterson Trl Spring St Butternut Dr Liberty Park Dr Elm St Carnoustie Way Ashworth Dr Woodvale Dr Soden Dr Autumn Woods Ln Windward Way Pine Way Forest Gln Drumlin Cir Prairie View St STH 138 EB USH 14 On Longwood Dr Edenberry Ln Thompson Dr Glenway Cir Union St Violet Ln Darcy Dr Elliott Ln Katie Ln Robinson Rd CTH MM Veldor St N Woods Edge Dr STH 138 WB USH 14 WB On Foxrun Ct Meadow Ln Cypress Way Fincastle St Oakmont St Swallow Tail Dr Franklin St Eagle Dr Johnson St Kassander Way Fairfax Ave W Lincoln St Bethel Ct W Richards Rd Saratoga Cir Ithaca Ct Maxwell St Gail Ct Amanda Ct Stoddard Dr Ellen Ct Thomas Ct Shady Oaks Ln Cell Ct Lisa Ct Humble Cir Trusler Cir Nicole Cir Birch Ct Jenna Ct Marsh Ct Augusta Dr Soden Dr CTH CC CTH MMWolfe St Bergamont Blvd Jefferson St S Perry Pkwy Drumlin Dr CTH CC Soden Dr Village of Oregon TIF Districts Shaping places, shaping change V ANDEWALLE & ASSOCIATESINC. 0.25 Miles Data Sources: Dane Co. LIO TID Half Mile Buffers TID 3 (expires 2033) TID 4 (expires 2036) TID 5 (Overlaps with TID 3) (expires 2045) TID 6 Page 3 Village of Oregon, Wisconsin Tax Increment District No. 6 Tax Increment Projection Worksheet Type of District Base Value 155,900 District Creation Date Appreciation Factor 0.50% Valuation Date Jan 1, 2023 Base Tax Rate $18.25 Max Life (Years) Rate Adjustment Factor -0.50% Expenditure Period/Termination 15 8/21/2038 Revenue Periods/Final Year 20 2044 Extension Eligibility/Years Yes 3 Eligible Recipient District Construction Year Value Added Valuation Year Inflation Increment Total Increment Revenue Year Tax Rate Tax Increment 1 2023 11,700 2024 11,700 2025 $17.88 209 2 2024 7,710,900 2025 7,722,600 2026 $17.50 135,114 3 2025 -214,200 2026 7,508,400 2027 $17.41 130,709 4 2026 0 2027 37,542 7,545,942 2028 $17.32 130,706 5 2027 0 2028 37,730 7,583,672 2029 $17.23 130,703 6 2028 0 2029 37,918 7,621,590 2030 $17.15 130,699 7 2029 0 2030 38,108 7,659,698 2031 $17.06 130,696 8 2030 0 2031 38,298 7,697,997 2032 $16.98 130,693 9 2031 0 2032 38,490 7,736,486 2033 $16.89 130,690 10 2032 0 2033 38,682 7,775,169 2034 $16.81 130,686 11 2033 0 2034 38,876 7,814,045 2035 $16.72 130,683 12 2034 0 2035 39,070 7,853,115 2036 $16.64 130,680 13 2035 0 2036 39,266 7,892,381 2037 $16.56 130,677 14 2036 0 2037 39,462 7,931,842 2038 $16.47 130,673 15 2037 0 2038 39,659 7,971,502 2039 $16.39 130,670 16 2038 0 2039 39,858 8,011,359 2040 $16.31 130,667 17 2039 0 2040 40,057 8,051,416 2041 $16.23 130,663 18 2040 0 2041 40,257 8,091,673 2042 $16.15 130,660 19 2041 0 2042 40,458 8,132,131 2043 $16.07 130,657 20 2042 0 2043 40,661 8,172,792 2044 $15.99 130,654 Totals 7,508,400 664,392 Future Value of Increment 2,487,589 Notes: Actual results will vary depending on development, inflation of overall tax rates. Mixed Use August 21, 2023 20 No 8/30/2026 Page 4 Village of Oregon, Wisconsin Tax Increment District No. 6 Cash Flow Projection Year Dated Date: Total Year 2023 0 1,386 1,386 (1,386) (1,386) 2023 2024 (433) (433) 16,349 16,349 (16,782) (18,168) 2,003,542 2024 2025 209 (1,714) (1,505) 240 13,831 14,071 (15,576) (33,744) 2,003,302 2025 2026 135,114 100 135,214 114,932 6,629 121,561 13,653 (20,091) 1,888,370 2026 2027 130,709 130,709 111,103 6,629 117,732 12,977 (7,114) 1,777,268 2027 2028 130,706 130,706 111,100 6,629 117,729 12,977 5,862 1,666,167 2028 2029 130,703 130,703 111,098 6,629 117,727 12,976 18,838 1,555,070 2029 2030 130,699 130,699 111,094 6,629 117,724 12,975 31,814 1,443,976 2030 2031 130,696 130,696 111,092 6,629 117,721 12,975 44,789 1,332,884 2031 2032 130,693 130,693 111,089 6,629 117,718 12,975 57,763 1,221,795 2032 2033 130,690 130,690 111,087 6,629 117,716 12,974 70,737 1,110,709 2033 2034 130,686 130,686 111,083 6,629 117,712 12,974 83,711 999,626 2034 2035 130,683 130,683 111,081 6,629 117,710 12,973 96,684 888,545 2035 2036 130,680 130,680 111,078 6,629 117,707 12,973 109,657 777,467 2036 2037 130,677 130,677 111,075 6,629 117,705 12,972 122,629 666,392 2037 2038 130,673 130,673 111,072 6,629 117,701 12,972 135,600 555,319 2038 2039 130,670 130,670 111,070 6,629 117,699 12,971 148,572 444,250 2039 2040 130,667 130,667 111,067 6,629 117,696 12,971 161,542 333,183 2040 2041 130,663 130,663 111,064 6,629 117,693 12,970 174,512 222,119 2041 2042 130,660 130,660 111,061 15,000 126,061 4,599 179,111 111,058 2042 2043 130,657 130,657 111,058 111,058 19,599 198,710 0 2043 2044 130,654 130,654 0 130,654 329,364 0 2044 Total 2,487,589 (2,047) 0 2,485,542 2,003,542 0 152,636 2,156,178 Total Notes: Legend: Projected Closure Year Last Year of audited financials 10/01/23 Total Expenditures Municipal Revenue Obligation (MRO) 1,500,000 Annual Cumulative Principal Outstanding Balances Admin. & Prof. Services ExpendituresProjected Revenues Tax Increments Interest Earnings/ (Cost) Developer Reimbursement Total Revenues 8/30/2026 Page 5 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 13165 OREGON DANE 07/01/2026 ORIGINAL 006 6 08/21/2023 08/21/2043 N/A $-18,168 Section 3 – Revenue Amount Tax increment Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID $209 $0 $0 $0 $0 $0 TID number $0 Developer guarantees Developer name $0 Transfer from other funds Source $0 Grants Source $0 Other revenue Source $0 Total Revenue (deposits) $209 Page 6 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 $0 $11,931 $1,750 $0 $150 TID number Developer grants Developer name CC LANE-OREGON LLC $240 Transfer to other funds Fund Other expenditures Name INTEREST INCOME-LOSS $1,714 Total Expenditures $15,785 Section 5 – Ending Balance Amount TID fund balance at end of year Future costs Future revenue Surplus or deficit $-33,744 $2,196,033 $2,609,094 $379,317 Page 7 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 003 $0 $0 $0 $0 004 $819,500 $0 $-5,700 $813,800 005 $7,488,100 $0 $-200 $7,487,900 006 $7,722,200 $0 $0 $7,722,200 Total $16,029,800 $0 $-5,900 $16,023,900 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 $0 $1,948,853,600 0.00 $6,239,947 $0 004 $813,800 $1,948,853,600 0.04 $6,239,947 $2,496 005 $7,487,900 $1,948,853,600 0.38 $6,239,947 $23,712 006 $7,722,200 $1,948,853,600 0.40 $6,239,947 $24,960 Total $16,023,900 $1,948,853,600 0.82 $6,239,947 $51,168 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $51,168 $0.51168 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 003 $0 $1,820,588,000 0.00 $5,807,824 $0 2024 004 $13,202,400 $1,820,588,000 0.73 $5,807,824 $42,397 2024 005 $574,400 $1,820,588,000 0.03 $5,807,824 $1,742 2024 006 $0 $1,820,588,000 0.00 $5,807,824 $0 2024 Total $13,776,800 $1,820,588,000 0.76 $5,807,824 $44,139 2023 003 $0 $1,587,674,000 0.00 $5,626,862 $0 2023 004 $2,035,900 $1,587,674,000 0.13 $5,626,862 $7,315 2023 005 $17,500 $1,587,674,000 0.00 $5,626,862 $0 2023 Total $2,053,400 $1,587,674,000 0.13 $5,626,862 $7,315 Page 8 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 LISA NOVINSKA Treasurer (608) 835-6281lnovinska@oregonwi.gov Lisa Novinska Finance Director (608) 835-6281lnovinska@oregonwi.gov Submission Information Co-muni code TID number Submission date Confirmation Submission type 13165 006 06-29-2026 11:07 AM TIDAR20250385O1782139218528 ORIGINAL Page 9 VILLAGE OF OREGON DANE COUNTY, WISCONSIN RESOLUTION NO. 26-36 RESOLUTION ACKNOWLEDGING FILING OF ANNUAL REPORTS AND COMPLIANCE WITH ANNUAL JOINT REVIEW BOARD MEETING REQUIREMENT 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 Village has filed an annual report with the Wisconsin Department of Revenue for the following districts:  Tax Incremental District No. 3  Tax Incremental District No. 4  Tax Incremental District No. 5  Tax Incremental District No. 6; and WHEREAS, copies of the annual reports have been provided to each overlying taxing jurisdiction; and WHEREAS, the JRB met September 16, 2026 to review the annual report s and the performance and status of each of the districts governed by the JRB. NOW, THEREFORE, BE IT RESOLVED that the Village 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 16th day of September, 2026. Resolution introduced and adoption moved by JRB member: Motion for adoption seconded by JRB member: On roll call motion passed by a vote of _______ ayes to _______ nays ATTEST: __________________________________ ___________________________ JRB Chairperson Signature Clerk Signature