Annual Disclosure

CITY OF ROYALTON, MINNESOTA
Annual Disclosure of Tax Increment Districts for the Year Ended December 31, 2013
Name of TIF District: TIF 2 TIF 3 TIF 4 TIF 5 Birch Villa Apts. Newman Office Townhomes Townhomes
Current net tax capacity 3,033 – 15,866 12,038 Original net tax capacity 117 – 75 89
Captured net tax capacity 2,916 – 15,791 11,949
Principal and interest payment
due in 2014 – – 19,700 7,500
Tax increment received in 2013 6,078 50,611 20,013 8,359
Tax increment expended in 2013 7,423 50,611 20,688 8,017
First tax increment receipt June, 1998 July, 2001 July, 2008 July, 2007
Date of required December 31, December 31, December 31, January 1, decertification 2023 2010 2033 2032
Additional information regarding each district may be obtained from:

Carol Madsen, City Clerk
City of Royalton
PO Box 276
Royalton, MN 56373
Phone: 320-584-5900

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