Special Village Board Meeting — Other

BUILDING COMMUNITIES. IT’S WHAT WE DO. August 12, 2025 ANNUAL TAX INCREMENT DISTRICT REPORT FOR: Village of Jackson, WI Tax Increment District No. 4 Advisors : Brian Roemer Senior Municipal Advisor Ariana Schmidt Senior Financial Specialist Prepared by: Ehlers N19W24400 Riverwood Drive, Suite 100 Waukesha, WI 53188 Annual TID Report for Village of Jackson, WI Tax Increment District No. 4 1 Annual Tax Increment District Report Village of Jackson, Wisconsin Tax Increment 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 Increment District No. 4 (“District”) was created on September 28, 1995. Since the District was created prior to October 1, 1995 the type of District was not required to be declared. The District was amended in 2002 to add additional territory and amend the list of projects to be undertaken. The District was amended again in 2006 to amend the list of projects to be undertaken. In 2009, the District became a recipient District through an amendment to TID #2. In 2018, a portion of TID #4 was overlaid with TID #6. The TID has an expenditure period that ended on September 28, 2017 and had a mandatory termination date of September 28, 2022. The life was extended through the “Technical College” Extension in 2022 with a new maximum life of 9/28/2025. The life was extended through the “Technical College” Extension in 2024. The Village adopted the Affordable Housing resolution on April 9, 2024, and adopted the Termination Resolution December 10, 2024. The final year of increment was received in 2025, to be used for “Affordable Housing” needs as defined in the resolution. 2025 was the final year the PE-300 was required to be filed as a result of the closure, and incremental value will return to the tax roll in 2025. Background Data: Base Value Incremental Value (as of January 1, 2025) Year End Fund Balance (2024) Actual Closure Year $645,700 $5 9,701,800 $4 68,912 2025 Annual TID Report for Village of Jackson, WI Tax Increment District No. 4 2 Notes: With the anticipated increment collection allowable through 2026, the Village was able to fully reimburse past advances and close in 2025. Joint Review Board Action: Resolution acknowledging filing of Annual TID Report and compliance with annual meeting requirements. Attachments: • TID Boundary Map • TID Cash Flow Projection (Detail) • State Submittal (DOR Form PE -300) I MAIN ^TrIeT Page 3 Type of District Base Value 645,700 District Creation Date Appreciation Factor 0.00% Valuation Date Jan 1, 1995 Base Tax Rate $17.93 Max Life (Years) Rate Adjustment Factor Expenditure Period/Termination 22 9/28/2017 Revenue Periods/Final Year 27 2023 Extension Eligibility/Years Yes 0 see Note 1 Recipient District Construction Year Value Added Valuation Year Inflation (Deflation) Increment Total Increment Revenue Year Tax Rate Tax Increment (see Note 2) 24 2018 0 2019 0 45,760,900 2020 $17.93 820,622 25 2019 0 2020 0 49,285,900 2021 $17.93 883,835 26 2020 267,900 2021 0 49,553,800 2022 $17.51 867,460 27 2021 8,214,300 2022 0 57,768,100 2023 $14.39 831,554 1 28 2022 1,604,700 2023 0 59,372,800 2024 $12.84 762,116 1 29 2023 329,000 2024 0 59,701,800 2025 $13.34 796,590 Totals 52,514,200 0 Future Value of Increment 7,328,335 Notes: Legend: 1 - This model shows a 3-year extension due to the negative impact of 2013 Act 145 granted 9/13/2022. Last year of actuals 2 - Actual results will vary depending on development, inflation of overall tax rates. 27 Yes Village of Jackson, Wisconsin Tax Increment District #4 Tax Increment Projection Worksheet Ind (Pre 10-1-95) September 28, 1995 Jackson WI - 2024 TID #4 Annual Report Tables Prepared 8/5/2025 Page 4 Village of Jackson, Wisconsin Tax Increment District #4 Cash Flow Projection Year AH Prior Period Cumulative Principal Interest Transfer Adjustment Fund Balance Cash Year 2022 867,460 5,088 19,823 892,371 17,844 1,650 19,494 872,877 (2,165,886) (1,293,009) 1,340,047 2,165,886 2022 2023 831,555 5,088 19,823 856,465 854,678 1,788 856,466 (1) (316,213) 994,995 1,311,208 2023 2024 762,115 5,088 19,823 787,025 1,900 1,900 785,125 468,912 1,780,120 1,311,208 2024 2025 796,590 5,088 801,678 1,311,208 796,590 15,000 811,590 (9,912) 459,000 2025 Total 6,544,044 40,581 106,116 7,338,498 869,821 43,959 2,165,886 51,063 2,808,633 Total Notes: The negative 2022 ending Cumulative Balance is comprised of the Contributions from Capital Projects Fund. A 3 year extension under Wisconsin 2015 Act 258 was granted 9/13/22. Balances Existing Debt Obligations Personal Property Aid Total Sources of Funds Revenues Expenditures Tax Increments Exempt Computer Aid Annual Advance Outstanding Legal & Admin. Total Uses of Funds Advance Repayment Actual TID Closure Jackson WI - 2024 TID #4 Annual Report Tables Prepared 8/5/2025 Page 5 Page 6 Page 7 Page 8 Page 9 • • • • Type of District Base Value 933,100 District Creation Date Appreciation Factor 0.00% Valuation Date Jan 1, 2014 Base Tax Rate $17.93 Max Life (Years) Rate Adjustment Factor Expenditure Period/Termination 15 5/20/2029 Revenue Periods/Final Year 20 2035 Extension Eligibility/Years Yes 3 Recipient District Construction Year Value Added Valuation Year Inflation Increment Total Increment Revenue Year Tax Rate Tax Increment 5 2018 -252,600 2019 0 6,223,300 2020 $18.24 113,541 6 2019 -38,600 2020 0 6,184,700 2021 $17.93 110,909 7 2020 170,900 2021 0 6,355,600 2022 $17.51 111,255 8 2021 544,300 2022 0 6,899,900 2023 $14.39 99,322 9 2022 -22,300 2023 0 6,877,600 2024 $12.84 88,282 10 2023 229,700 2024 0 7,107,300 2025 $13.34 94,831 11 2024 139,300 2025 0 7,246,600 2026 $13.34 96,690 12 2025 0 2026 0 7,246,600 2027 $13.34 96,690 13 2026 0 2027 0 7,246,600 2028 $13.34 96,690 14 2027 0 2028 0 7,246,600 2029 $13.34 96,690 15 2028 0 2029 0 7,246,600 2030 $13.34 96,690 16 2029 0 2030 0 7,246,600 2031 $13.34 96,690 17 2030 0 2031 0 7,246,600 2032 $13.34 96,690 18 2031 0 2032 0 7,246,600 2033 $13.34 96,690 19 2032 0 2033 0 7,246,600 2034 $13.34 96,690 20 2033 0 2034 0 7,246,600 2035 $13.34 96,690 Totals 0 Future Value of Increment 1,585,040 Notes: Legend: Actual results will vary depending on development, inflation of overall tax rates. Last year of actuals Industrial May 20, 2014 20 No Village of Jackson, Wisconsin Tax Increment District #5 Tax Increment Projection Worksheet Jackson WI - 2024 TID #5 Annual Report Tables Village of Jackson, Wisconsin Tax Increment District #5 Cash Flow Projection Year Year 2020 113,541 113,541 79,479 27,250 1,650 10,475 118,854 (5,313) (1,749) 1,948,733 2020 2021 110,909 110,909 77,636 26,619 150 475 104,880 6,029 4,280 1,844,478 2021 2022 111,257 111,257 75,293 25,815 150 5,112 106,370 4,887 9,167 1,743,370 2022 2023 99,322 99,322 69,579 23,855 150 1,638 95,222 4,100 13,267 1,649,936 2023 2024 88,282 88,282 61,797 21,188 150 1,749 84,884 3,398 16,665 1,566,951 2024 2025 94,831 1,965 96,796 67,757 23,231 150 1,749 92,887 3,909 20,573 1,475,963 2025 2026 96,690 1,965 98,655 69,058 23,677 150 1,749 94,634 4,020 24,594 1,383,227 2026 2027 96,690 1,965 98,655 69,058 23,677 150 1,749 94,634 4,020 28,614 1,290,492 2027 2028 96,690 1,965 98,655 69,058 23,677 150 1,749 94,634 4,020 32,634 1,197,756 2028 2029 96,690 1,965 98,655 69,058 23,677 150 1,749 94,634 4,020 36,655 1,105,021 2029 2030 96,690 1,965 98,655 69,058 23,677 150 1,749 94,634 4,020 40,675 1,012,285 2030 2031 96,690 1,965 98,655 69,058 23,677 150 1,749 94,634 4,020 44,695 919,550 2031 2032 96,690 1,965 98,655 69,058 23,677 150 1,749 94,634 4,020 48,715 826,814 2032 2033 96,690 1,965 98,655 69,058 23,677 150 1,749 94,634 4,020 52,736 734,079 2033 2034 96,690 1,965 98,655 69,058 23,677 150 1,749 94,634 4,020 56,756 641,343 2034 2035 96,690 1,965 98,655 69,058 46,300 150 15,000 130,508 (31,854) 24,902 525,985 2035 Total 1,585,043 0 21,612 1,606,655 1,474,015 528,000 3,900 51,939 1,585,316 Total Notes: 1The max payment to Kerry is $2M. 2The County pays 10% of the annual payments to the WCEDC. The max to be paid to the County is $480K and $48K to WCEDC. Projected Revenues Tax Increments Intergov Rev. Personal Property Aid Total Revenues Balances Annual PAYGO Payment - 70%1 Capital Outlay/Admin Expenditures Total Expenditures Annual Cumulative Max PAYGO Amt. Remaining Payment to County (80% of the 30%)2 Professional Services Projected TID Closure Jackson WI - 2024 TID #5 Annual Report Tables BUILDING COMMUNITIES. IT’S WHAT WE DO. August 12, 2025 ANNUAL TAX INCREMENT DISTRICT REPORT FOR: Village of Jackson, WI Tax Increment District No. 6 Advisors : Brian Roemer Senior Municipal Advisor Ariana Schmidt Senior Financial Specialist Prepared by: Ehlers N19W24400 Riverwood Drive, Suite 100 Waukesha, WI 53188 Annual TID Report for Village of Jackson, WI Tax Increment District No. 6 1 Annual Tax Increment District Report Village of Jackson, Wisconsin Tax Increment 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 Increment District No. 6 (“District”) was created on November 14, 2017 as an Industrial District. The TID has an expenditure period that ends on November 14, 2033 and has a mandatory termination date of November 14, 2038. Background Data: Base Value Incremental Value (as of January 1, 2025) Year End Fund Balance (2024) Projected Closure (based on current cash flow*) $474,900 $34,000, 900 $(15 ,093) 2038 * The projected closure year identified is based on current cash flow projections. Notes: The Village has an existing development agreement that requires for annual increment generated in TID #6 to be allocated to meet the existing annual payments. Based on the agreement formula the TID will require transfers in to make payments until the agreement is paid off. Then the TID would repay the liability to the applicable funds. 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 2 Type of District Base Value 448,300 District Creation Date Appreciation Factor 0.00% Valuation Date Jan 1, 2018 Base Tax Rate $17.93 Max Life (Years) Rate Adjustment Factor (1 Yr) 0.00% Expenditure Period/Termination 15 11/14/2032 Revenue Periods/Final Year 20 2039 Extension Eligibility/Years Yes 3 Recipient District Construction Year Value Added Valuation Year Inflation Increment Total Increment Revenue Year Tax Rate Tax Increment 1 2018 1,800,300 2019 0 1,800,300 2020 $18.24 32,846 2 2019 1,245,100 2020 0 3,045,400 2021 $17.93 54,613 3 2020 5,582,100 2021 0 8,627,500 2022 $17.51 151,024 4 2021 5,512,500 2022 0 14,140,000 2023 $14.39 203,541 5 2022 11,472,000 2023 0 25,612,000 2024 $12.84 328,758 6 2023 -1,669,200 2024 0 23,942,800 2025 $13.34 319,464 7 2024 10,058,100 2025 0 34,000,900 2026 $13.34 453,668 8 2025 3,500,000 2026 0 37,500,900 2027 $13.34 500,367 9 2026 0 2027 0 37,500,900 2028 $13.34 500,367 10 2027 0 2028 0 37,500,900 2029 $13.34 500,367 11 2028 0 2029 0 37,500,900 2030 $13.34 500,367 12 2029 0 2030 0 37,500,900 2031 $13.34 500,367 13 2030 0 2031 0 37,500,900 2032 $13.34 500,367 14 2031 0 2032 0 37,500,900 2033 $13.34 500,367 15 2032 0 2033 0 37,500,900 2034 $13.34 500,367 16 2033 0 2034 0 37,500,900 2035 $13.34 500,367 17 2034 0 2035 0 37,500,900 2036 $13.34 500,367 18 2035 0 2036 0 37,500,900 2037 $13.34 500,367 19 2036 0 2037 0 37,500,900 2038 $13.34 500,367 20 2037 0 2038 0 37,500,900 2039 $13.34 500,367 Totals 37,500,900 0 Future Value of Increment 8,048,691 Notes: Actual results will vary depending on development, inflation of overall tax rates. Village of Jackson, Wisconsin Tax Increment District # 6 Tax Increment Projection Worksheet Mixed Use November 14, 2017 20 No Jackson WI - 2024 TID #6 Annual Report Prepared 8/5/2025 Page 3 Village of Jackson, Wisconsin Tax Increment District # 6 Cash Flow Projection Year Dated Date: Dated Date: Dated Date: Overperformance Transfer In Prin 6/1 Interest Prin 6/1 Interest Prin 6/1 Interest Payments Admin./DOR Fees Year 2019 2,297,668 74,486 2,372,154 15,849 12,549 1,976,360 63,047 160,418 39,627 2,267,850 104,304 89,804 2,255,000 2019 2020 32,846 12,002 55,820 100,668 0 37,050 0 29,335 38,355 19,627 150 124,517 (23,849) 65,955 2,255,000 2020 2021 54,613 2,499 27,036 84,148 0 37,050 50,000 28,585 99,009 5,925 220,569 (136,421) (70,466) 2,205,000 2021 2022 151,028 502 1,434 152,964 0 37,050 50,000 27,085 1,962 116,097 36,867 (33,599) 5,389,434 2022 2023 203,541 32,420 1,465,000 1,434 1,702,395 20,000 36,750 100,000 24,835 0 56,979 673,018 57,542 733,549 1,787 1,704,460 (2,065) (35,664) 6,000,885 2023 2024 328,758 359 1,434 330,551 20,000 36,150 120,000 21,535 25,000 67,850 15,096 0 4,349 309,980 20,571 (15,093) 5,835,885 2024 2025 319,464 0 17,111 416,424 752,999 20,000 35,550 145,000 17,560 25,000 66,800 423,560 4,436 737,906 15,094 1 5,222,325 2025 2026 453,668 0 17,111 430,148 900,927 20,000 34,950 165,000 12,910 25,000 65,750 572,793 4,525 900,927 0 1 4,439,532 2026 2027 500,367 0 17,111 532,996 1,050,475 20,000 34,350 190,000 7,918 25,000 64,700 703,893 4,615 1,050,475 0 1 3,500,640 2027 2028 500,367 0 17,111 230,587 748,066 20,000 33,750 200,000 2,700 25,000 63,650 398,259 4,707 748,066 0 1 2,857,381 2028 2029 500,367 0 17,111 3,625 521,104 100,000 31,950 100,000 61,025 223,327 4,802 521,104 0 1 2,434,054 2029 2030 500,367 0 17,111 517,479 100,000 28,950 100,000 56,725 3,579 223,327 4,898 517,479 0 1 2,010,727 2030 2031 500,367 0 17,111 517,479 100,000 25,950 110,000 52,105 150,334 74,094 4,996 517,479 0 1 1,726,633 2031 2032 500,367 0 17,111 517,479 100,000 22,950 120,000 47,045 222,388 0 5,096 517,479 0 1 1,506,633 2032 2033 500,367 0 17,111 517,479 100,000 19,950 120,000 41,585 230,746 5,197 517,479 0 1 1,286,633 2033 2034 500,367 0 17,111 517,479 100,000 16,950 120,000 35,945 239,282 5,301 517,479 0 1 1,066,633 2034 2035 500,367 0 17,111 517,479 100,000 13,950 125,000 30,188 242,934 5,407 517,479 0 1 841,633 2035 2036 500,367 0 17,111 517,479 100,000 10,950 125,000 24,125 251,888 5,516 517,479 0 1 616,633 2036 2037 500,367 0 17,111 517,479 100,000 7,950 125,000 17,875 261,028 5,626 517,479 0 1 391,633 2037 2038 500,367 0 17,111 517,479 105,000 4,875 145,000 11,125 11,599 5,738 283,338 234,141 234,142 141,633 2038 2039 500,367 2,341 17,111 519,820 110,000 1,650 150,000 3,750 20,853 286,253 233,567 467,709 0 2039 Total 8,048,695 50,124 256,671 0 1,613,781 13,893,582 1,235,000 524,574 1,020,000 185,011 1,465,000 767,222 2,801,838 63,047 83,094 1,613,781 3,352,801 139,588 13,411,374 Total Notes: DIFF in advance: 0 Total Revenues Tax Increments Interest Earnings/ (Cost) Personal Property Aid Special Assessments Proceeds/ Premium from Long Term Debt Projected Revenues Expenditures Balances G.O. Bonds, Series 2019A (NONBQ) Taxable G.O. Notes, Series 2019B Taxable G.O. Bonds, Series 2023A Annual Cumulative Principal Outstanding 06/27/19 06/27/19 1,235,000 1,020,000 Capital Outlay Transfer Out Total Expenditures Fiscal Charges Professional Services 1,465,000 02/01/23 Jackson WI - 2024 TID #6 Annual Report Tables w PPA Prepared 8/25/2025 Page 5 Page 6 Page 7 Page 8 BUILDING COMMUNITIES. IT’S WHAT WE DO. August 12, 2025 ANNUAL TAX INCREMENT DISTRICT REPORT FOR: Village of Jackson, WI Tax Increment District No. 7 Advisors : Brian Roemer Senior Municipal Advisor Ariana Schmidt Senior Financial Specialist Prepared by: Ehlers N19W24400 Riverwood Drive, Suite 100 Waukesha, WI 53188 Annual TID Report for Village of Jackson, WI Tax Increment District No. 7 1 Annual Tax Increment District Report Village of Jackson, Wisconsin Tax Increment 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 Increment District No. 7 (“District”) was created on June 11, 2019 as a Mixed-Use District. TID #7’s Project Plan and Boundary were amended on July 12, 2022, it was the first allowable boundary amendment. The TID has an expenditure period that ends on June 11, 2034 and has a mandatory termination date of June 11, 2039. Background Data: Base Value Incremental Value (as of January 1, 2025) Year End Fund Balance (2024) Projected Closure (based on current cash flow*) $8,854,300 $1 9,755,500 $(5 97,594) 2035 *The projected closure year identified is based on current cash flow projections. There are many developments on going in the district that based on valuations will sig nificantly impact the cash flow of the District. Notes: Tax Increment District No. 7 was created as a catalyst for commercial and residential development on the eastern edge of the Village. Joint Review Board Action: Resolution acknowledging filing of Annual TID Report and compliance with annual meeting requirements. Annual TID Report for Village of Jackson, WI Tax Increment District No. 7 2 Attachments: • TID Boundary Map • TID Development Assumptions • TID Increment Projection • TID Cash Flow Projection (Detail) • State Submittal (DOR Form PE -300) TID #7 0 0.09 0.180.045 mi 0 0.1 0.20.05 km 1:3,954 Washington County | Southeast Wisconsin Regional Planning Commission | Calvin Lawrence, Dennis Weise, Nina Rihn | Washington County, US Census B ureau | Washington County GIS Page 3 Actual Single-family Residential1 Single-family Residential2 TownHomes2 Outlots 63 Outlot 83 Commercial4 Annual Total 1 2019 953,900 953,900 2019 1 2 2020 (1,720,300) (1,720,300) 2020 2 3 2021 1,098,600 1,098,600 2021 3 4 2022 3,915,900 3,915,900 2022 4 5 2023 699,800 699,800 2023 5 6 2024 17,201,500 17,201,500 2024 6 7 2025 5,040,000 3,487,000 1,196,000 4,550,000 14,273,000 2025 7 8 2026 1,260,000 2,600,000 3,860,000 2026 8 9 2027 1,000,000 1,000,000 2027 9 10 2028 656,000 656,000 2028 10 11 2029 2,648,000 1,000,000 3,648,000 2029 11 12 2030 2,672,000 2,672,000 2030 12 13 2031 1,348,000 1,000,000 2,348,000 2031 13 14 2032 0 2032 14 15 2033 0 2033 15 Totals 22,149,400 6,300,000 3,487,000 1,196,000 7,324,000 7,150,000 3,000,000 50,606,400 Notes: 1 2 Based on ongoing potential developments - Hillcrest. 3 Based on projected development dated 6-17-24 from Hillcrest. 4 The 2024 Development is know the remaining 3 sites are a estimate. Based on ongoing potential developments - Harbor. Construction Year Construction Year Village of Jackson, Wisconsin Tax Increment District #7 Development Assumptions Jackson WI - 2024 TID #7 Annual Report Tables Prepared 8/5/2025 Page 4 Type of District Base Value 8,854,300 District Creation Date Appreciation Factor 0.00% Valuation Date Jan 1, 2019 Base Tax Rate $17.51 Max Life (Years) Rate Adjustment Factor Expenditure Period/Termination 15 6/11/2034 Revenue Periods/Final Year 20 2040 Extension Eligibility/Years Yes 3 Tax Exempt Discount Rate Eligible Recipient District Taxable Discount Rate 1.50% Added Base 9/2022 Amendment 3,221,100 Construction Year Value Added Base Value Redermination Valuation Year Inflation Increment Total Increment Revenue Year Tax Rate Tax Increment 1 2019 953,900 2020 0 953,900 2021 $17.93 17,106 2 2020 -1,720,300 2021 0 -766,400 2022 $17.51 0 3 2021 1,098,600 2022 0 332,200 2023 $14.39 4,782 4 2022 3,915,900 2023 0 1,027,000 2024 $12.84 13,183 5 2023 699,800 827,200 2024 0 2,554,000 2025 $13.34 34,078 6 2024 17,201,500 2025 0 19,755,500 2026 $13.34 263,594 7 2025 14,273,000 2026 0 34,028,500 2027 $13.34 454,036 8 2026 3,860,000 2027 0 37,888,500 2028 $13.34 505,539 9 2027 1,000,000 2028 0 38,888,500 2029 $13.34 518,882 10 2028 656,000 2029 0 39,544,500 2030 $13.34 527,635 11 2029 3,648,000 2030 0 43,192,500 2031 $13.34 576,309 12 2030 2,672,000 2031 0 45,864,500 2032 $13.34 611,961 13 2031 2,348,000 2032 0 48,212,500 2033 $13.34 643,290 14 2032 0 2033 0 48,212,500 2034 $13.34 643,290 15 2033 0 2034 0 48,212,500 2035 $13.34 643,290 16 2034 0 2035 0 48,212,500 2036 $13.34 643,290 17 2035 0 2036 0 48,212,500 2037 $13.34 643,290 18 2036 0 2037 0 48,212,500 2038 $13.34 643,290 19 2037 0 2038 0 48,212,500 2039 $13.34 643,290 20 2038 0 2039 0 48,212,500 2040 $13.34 643,290 Totals 50,606,400 0 Future Value of Increment 8,673,428 Notes: Actual results will vary depending on development, inflation of overall tax rates. Village of Jackson, Wisconsin Tax Increment District #7 Tax Increment Projection Worksheet Mixed Use June 11, 2019 20 No Jackson WI - 2024 TID #7 Annual Report Tables Prepared 8/5/2025 Page 5 Village of Jackson, Wisconsin Tax Increment District #7 Cash Flow Projection Year Tax Interest Affordable Debt Total Dated Date: Dated Date: Capital Professional Total Prior Period Principal Increments Earnings Housing - TID 4 Misc. Proceeds Revenues Principal Interest Principal Interest Principal Est. Rate Interest Expenditures Services Admin. + 2% Expenditures Annual Adjustment Cumulative Outstanding Year 2019 2,500 2,085,838 2,088,338 36,329 118,642 154,971 1,933,367 1,933,367 2,032,000 2019 2020 14,123 2,000 16,123 32,000 46,365 1,423,984 87,205 1,589,554 (1,573,431) (12,859) 347,077 2,000,000 2020 2021 17,105 2,500 19,605 32,000 49,509 235,662 37,380 354,551 (334,946) 12,131 1,968,000 2021 2022 0 2,500 2,500 32,000 48,549 162,118 48,025 290,692 (288,192) (276,061) 1,936,000 2022 2023 4,780 0 499,890 1,660,661 2,165,331 72,000 46,989 2,168,450 139,573 51,734 2,478,746 (313,415) (589,476) 3,221,000 2023 2024 13,183 0 606,662 103,411 723,255 81,450 44,835 400,107 108,547 96,435 731,374 (8,118) (597,594) 3,221,000 2024 2025 34,078 0 9,274 796,590 839,942 86,400 42,165 150,000 117,295 98,364 494,224 345,718 (251,876) 3,134,600 2025 2026 263,594 0 9,274 272,868 91,200 39,501 117,295 100,331 348,327 (75,459) (327,335) 3,043,400 2026 2027 454,036 0 9,274 463,310 96,000 36,693 0 5.00% 32,125 117,295 102,338 384,451 78,859 (248,476) 2,947,400 2027 2028 505,539 0 9,274 514,813 100,800 33,741 0 5.00% 64,250 117,295 104,384 420,470 94,343 (154,133) 2,846,600 2028 2029 518,882 0 9,274 528,156 105,600 30,645 50,000 5.00% 63,000 106,472 355,717 172,439 18,306 2,691,000 2029 2030 527,635 824 9,274 537,733 121,600 27,845 50,000 5.00% 60,500 108,601 368,546 169,186 187,492 2,519,400 2030 2031 576,309 8,437 9,274 594,021 123,200 25,366 50,000 5.00% 58,000 110,774 367,340 226,681 414,174 2,346,200 2031 2032 611,961 18,638 9,274 639,873 124,800 22,793 55,000 5.00% 55,375 112,989 370,957 268,917 683,090 2,166,400 2032 2033 643,290 30,739 9,274 683,304 126,400 20,124 130,000 5.00% 50,750 115,249 442,523 240,781 923,871 1,910,000 2033 2034 643,290 41,574 9,274 694,139 128,000 17,357 140,000 5.00% 44,000 117,554 446,911 247,228 1,171,099 1,642,000 2034 2035 643,290 52,699 9,274 705,264 131,200 14,473 145,000 5.00% 36,875 119,905 447,453 257,811 1,428,910 1,365,800 2035 2036 643,290 64,301 9,274 716,866 134,400 11,451 150,000 5.00% 29,500 122,303 447,654 269,212 1,698,122 1,081,400 2036 2037 643,290 76,415 9,274 728,980 137,600 8,289 155,000 5.00% 21,875 124,749 447,513 281,467 1,979,589 788,800 2037 2038 643,290 89,082 9,274 741,646 140,800 4,982 160,000 5.00% 14,000 127,244 447,026 294,620 2,274,209 488,000 2038 2039 643,290 102,339 9,274 754,904 134,400 1,646 200,000 5.00% 5,000 129,789 470,835 284,069 2,558,279 153,600 2039 2040 643,290 115,123 9,274 767,687 132,385 132,385 635,303 3,193,581 153,600 2040 Total 8,673,425 614,294 213,307 796,590 1,106,552 1,773,572 2,085,838 15,198,658 249,450 272,576 1,782,400 337,071 1,285,000 535,250 4,508,963 150,000 577,727 2,154,208 11,992,218 Total Notes: Personal Property Aid Projected Revenues Land Sale Revenue SF BalancesExpenditures Proposed G.O. Bonds 1,285,000 03/01/27 Actual Debt Service G.O. Bonds, Series 2019D (TID#7) 2,032,000 06/27/19 Street Lights/Final Pavement Commercial Incentive Projected TID Closure Jackson WI - 2024 TID #7 Annual Report Tables Page 7 Page 8 Page 9 Page 10