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Annual Report

City of Worthington Annual Disclosure of Tax Increment Districts for the Year Ended December 31, 2021 Distric 7 District 10 District 11 District 12 District 14 District 15 District 16 District 17 District 18 Darling's 3rd Addn C&J Development Okabena Estates CCSI Redevelopment New Castle Hotel/Event Center Northland Mall Grand Terrace Apts. Thompson Hotel Current Net Tax Capacity…………………. $0 $0 $21,619 $38,316 $16,879 $77,380 $149,582 $33,423 $0 Original Net Tax Capacity…………………. $0 $0 $1,303 $6,110 $15,605 $294 $21,609 $31,028 $0 Captured Net Tax Capacity………………. $0 $0 $20,316 $32,206 $1,274 $77,086 $127,973 $2,395 $0 Principal & Int. Payed During Year…….... $0 $0 $0 $0 $0 $0 $0 $0 $0 Amount of Increment Received……………. $14,786 $116 $24,594 $38,829 $1,538 $92,503 $142,675 $2,455 $0 Amount of Increment Expended……………. $24,701 $0 $24,663 $4,334 $999 $15,320 $141,951 $13,055 $0 Year of First Increment Receipt……………….. Dec. 1986 June 2005 June 2008 June 2009 June 2014 Feb. 2014 July 2018 August 2019 July 2022 . . . Date of Required Decertification………………………… 12/31/2011 12/31/2030 12/31/2032 12/31/2034 12/31/2037 12/31/2022 12/31/2043 08/01/2044 12/31/2047 Increase Property Tax Imposed On Other Properties As A Result Of Fiscal Disparities Contribution………………… $0 $0 $0 $0 $0 $0 $0 $0 $0 For further information contact: Matt Selof Director of Community Development, City of Worthington, 507-372-8640