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Annual Disclosure of Tax Increment Districts for the Year Ended December 31, 2013 - District 2-1

CITY OF CLOQUET Annual Disclosure of Tax Increment Districts for the Year Ended December 31, 2013 TIF District Name: TIF District 2-1 Current net tax capacity =$39,217 Original net tax capacity =$415 Captured net tax capacity =$38,802 Principal a...

CITY OF CLOQUET
Annual Disclosure of Tax Increment Districts for the Year Ended December 31, 2013

TIF District Name: TIF District 2-1

Current net tax capacity =$39,217
Original net tax capacity =$415
Captured net tax capacity =$38,802
Principal and interest payments due in 2013 =$43,857
Tax increment received in 2012 =$52,955
Tax increment expended in 2012 =$53,420
Month and year of first tax increment receipt = June, 2008
Date of required decertification = December 31, 2033

Additional information regarding the district may be obtained from:
Nancy M. Klassen, CPA, CPFO
1307 Cloquet Avenue
Cloquet MN 55720
(218) 879-3347

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