CommEcDev---FYFP-Combined — Intro — Part 3 of 6

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Prosper Portland FY 2025-2030 Five-Year Financial Forecast Prosper Portland’s budget and forecast is guided by its Financial Sustainability Plan that was adopted by the Prosper Portland Board in 2023. The Financial Sustainability Plan is a 10-year plan that outlines how Prosper Portland can sustain operations and programs to support implementation of Advance Portland long-term as older TIF districts expire. The Plan includes four components (1) optimizing both public benefits and financial return of the remaining tax increment funds and existing real estate assets (2) securing additional public funding to support economic and community development programs, (3) partnering with public agencies to deliver real estate development activities that achieve public priorities, and (4) seeking additional revenues for capital and operations by leveraging core expertise. In the two years since adoption of the plan, the board and city council have approved measures through increased General Fund and adoption of seven new TIF districts that largely support increased public funding. The FY 2025-26 Draft Budget and Five-Year Plan focuses on investment of remaining TIF district resources from sunsetting districts as well as investment of the Strategic Investment Fund, providing small business assistance, commercial loans and resources to support real estate investments that will help sustain the agency while providing access to capital citywide. Prosper Portland’s five-year forecast shows tax increment revenue declining as existing districts reach maximum indebtedness and new TIF districts take time to build tax increment, constrained General Fund and Cannabis funds growing at 2.5%, loan repayments based on a discounted value of principal and interest repayments, and other assumptions as discussed below. New TIF resources in the later part of the five- year forecast include conservative projections for each of the six new TIF districts, as well as the remaining resources available in Gateway and the continuation of growth in Cully. The forecast also includes remaining resources in sunsetting districts including Central Eastside, Lents, and Interstate where resources are dedicated to final district commitments. Expenditures are held as relatively constant with staff levels staying flat, economic development activities staying relatively flat and capital projects aligning with TIF receipts. Additional resources will need to be generated from Strategic Investment Fund (SIF) returns and new TIF districts starting in FY 2025-26 to support status quo level of operations in accordance with the Financial Sustainability Plan, as shown in the graph below.

The housing forecast includes the Housing Set Aside resources in new TIF districts as well as Cully and Gateway. The contingency balance serves as the agency’s rolling ending fund balance. While contingency can be appropriated by the board to increase current fiscal year project and program needs; it will reduce available resources later in the forecast. Contingency amounts vary by fund, but overall contingency decreases in the forecast years as final resources in sunsetting TIF districts are spent down. Revenue Assumptions Prosper Portland’s operating and capital expenditures are supported by resources described below. In summary, cash balances largely from existing TIF districts will be spent down over the forecast period on commitments while new TIF proceeds will not be realized until assessed value from those districts increases over time. General Fund, Cannabis and various fees and charges are anticipated to be flat. Program income from loans and property is anticipated to decrease as loans are repaid and property is sold. New loan and project returns are anticipated but will not be incorporated into the budget and forecast until those loans and investments occur.

Beginning Fund (Cash) Balance - The FY 2025-26 beginning fund balance budget is $207 million, a decrease of $155 million from FY 2024-25 Revised Budget of $362 million. The bulk of Prosper Portland’s beginning fund balances are in TIF district capital funds. The net proceeds from TIF are spent over multiple years on identified projects and programs. Beginning fund balance continues to decline in forecast years as projects in sunsetting TIF districts are completed. City General Fund - This revenue category includes both City of Portland General Fund resources as well as Recreational Cannabis Tax (RCT) resources, both of which Prosper Portland relies heavily on to fund economic development activities outside of TIF districts, and without the limitations that accompany TIF. Ongoing programmatic funding provided by General Fund and RCT includes business advancement through traded sector growth, the Inclusive Business Resource Network (IBRN), Neighborhood Prosperity Network, Office of Small Business, Office of Events and Film, and workforce development. Ongoing General Fund and RCT funds are forecasted to grow at 2.5% year over year. RCT funds have been especially volatile, with a 22% cut in FY 2024-25 and a one-time cut in FY 2025-26. General Funds are also seeing cuts in the near future. All of this will impact Prosper Portland’s ability to deliver on economic development programs that support small businesses and Portland’s workforce. These resources make up about 24% of Prosper Portland’s 5-year revenue forecast, net of service reimbursements and transfers in.

Fees and charges include contracts for the Portland Clean Energy Fund (PCEF) and Community Opportunities and Enhancements Program (COEP), as well as Enterprise Zone revenue collection. PCEF is an intergovernmental agreement (IGA) and funds are already encumbered for Prosper Portland to spend out, therefore there is little risk to this line item. COEP is an annual IGA and there is uncertainty on how much funding will be allocated to Prosper Portland in the future. Enterprise Zone is a tax abatement program wherein Prosper Portland collects a fee from businesses in the program. Given the uncertainty around Portland’s ability to attract new businesses and foster existing businesses, the revenue projections in this program are extremely conservative. Business and personal tax laws, media representation of Portland and other external sources directly impact this tax abatement program. Fees and charges make up about 16% of Prosper Portland’s 5-year revenue forecast, net of service reimbursements and transfers in. Federal and Other Grants - This revenue category includes Community Development Block Grant (CDBG) via the City of Portland and other federal, state, and local grants and make up 4% of resources in Prosper Portland’s 5-year revenue forecast, net of service reimbursements. With the spenddown of American Rescue Plan Act (ARPA) funds in FY 2024-25, the only remaining federal grant is the Community Development Block Grant (CDBG) funds for economic opportunity programs. These resources support community economic development activities focused on workforce development and small business technical assistance through IBRN. CDBG is projected to decline every year, however given the uncertainty of federal grant programs, this may not be a reliable source in the near future. The forecast includes $2.1 million next fiscal year declining to $1.8 million in FY 2029-30. Also included in this category is a one-time grant from the State of Oregon to support redevelopment projects in downtown and central eastside. Program Income - Program income derives from the following sources: interest on investments, loan collections, property income, and reimbursements and makes up 17% of Prosper Portland forecasted resources, net of service reimbursements and transfers in. These funds are used to support TIF district development efforts, fund program management in TIF districts, provide for citywide investments through the Strategic Investment Fund and provide for general operations. Program income received in TIF districts is retained within the corresponding district and expended on projects in accordance with the city’s adopted district plans. Federal loan collection program income is restricted in expenditure by law. Loan revenue projections include a loan allowance for doubtful accounts, assessed on a loan-by-loan basis. Loan interest projections in SIF are meant to help fund operations of Prosper Portland, so if fewer loans get funded or if loans go uncollected, this will put

additional pressure on Prosper Portland’s operating budget and ability to fund current staffing levels. Property income projections are based on active leases and historical performance for parking revenue and other activities. Prosper Portland holds and manages a variety of properties to meet both economic development and redevelopment goals ranging from commercial tenant space, parking facilities, vacant land held for redevelopment, as well as one hotel, the Inn at Convention Center originally planned for redevelopment. Income from property declined significantly during the COVID19 pandemic and has gradually improved in the last three years. Property held for economic development activity such as commercial space at Lents Commons and Alberta Commons include modest levels of income projected in the five-year forecast while property held for nd redevelopment (Including 92 Harold in Lents; USPS in River District) generally do not have any income included in the forecast. Income projections from parking facilities and the Inn at Convention Center include modest forecasts based on recent performance. The forecast removes income from assets planned for disposition in the forecast period such as the Inn at Convention Center. Service Reimbursements - Include recovery for administrative expenses for Prosper Portland’s support departments: Executive; Equity, Policy and Communications; Legal; and Administrative Services. The costs are allocated to operating department funds, which reimburse the general fund for their share of the costs. Tax Increment Debt Proceeds - Oregon Revised Statutes (Chapter 457) requires that urban renewal property taxes be used to pay debt service on bonds and notes issued to fund projects in TIF districts. The City of Portland collects urban renewal property taxes to make debt service payments on long-term urban renewal bonds, lines of credit or other interim financing, and short-term urban renewal bonds (known as “du jour” bonds). Prosper Portland receives the net proceeds of these debt obligations, after payment of issuance costs and required reserves, to use on eligible projects within designated districts. The forecast is developed in conjunction with the City of Portland using conservative assumptions on tax increment revenue collections and debt service requirements. TIF resources make up about 39% of Prosper Portland’s 5-year revenue forecast, net of service reimbursements and transfers in. New TIF growth is estimated at between 1% and 3% depending on the location of the district, lower percentages for central city and higher percentages for East Portland. This is in large part due to the uncertainty around the real estate market in downtown Portland, as market values for commercial type properties in the central city decrease, Measure 5 compression increases and limits overall assessed value growth. While these are more conservative estimates, there is risk that values come in even lower in FY 2025-26. Given these slow growth projections, investments in the six new TIF districts for the first five years are limited.

Short Term (S-T) Debt – Short-term (“du jour”) debt is overnight borrowing used to make tax increment revenues available to Prosper Portland that are in excess of amounts necessary for debt service on outstanding TIF district bonds or other indebtedness. The forecast includes short term debt for each of the six new districts, as well as final debt proceeds in North Macadam and the continued drawdown in Gateway and Cully. Long Term (L-T) Debt – Gateway bond proceeds that have been issued but are held by the City of Portland until eligible project costs are incurred and drawdowns on the bonds are requested. It’s anticipated that there will be sufficient project costs incurred in FY 2025-26 to support the drawdown. Cully also includes projected long-term debt in the five-year forecast. No other long-term debt is anticipated to be issued until after the current five-year forecast for the six new districts. Each TIF district has its own plan which details the area including the legal boundaries, goals and objectives, definitions, project activities, and expiration dates. Each plan provides details on the condition of the area, maximum indebtedness, and fiscal impacts. A TIF district’s maximum indebtedness represents the principal amount of indebtedness that may be issued for a given district and does not include debt service or refinancing costs. The maximum indebtedness limit is based on good faith estimates of project costs, including inflation, that are planned in each district. Most active and sunsetting districts have issued most or all of maximum indebtedness. Newly established districts are estimated to reach maximum indebtedness over a 30-year period.

Expenditure Assumptions Prosper Portland’s budget is appropriated by program area. Total expenditures are budgeted in the five program areas detailed below. Administration - The administration program budget includes approximately 32 of Prosper Portland’s budgeted 104 positions in FY 2025-26, the PERS pension obligation bond, and other agency-wide overhead expenditures such as Prosper Portland’s office lease, hardware and software systems and insurance. Economic Development - The economic development program budget includes business lending, community economic development, workforce development, business advancement and entrepreneurship programs funded by the Strategic Investment Fund, General Fund, Enterprise Zone, Community Development Block Grant funds, Recreational Cannabis Tax funds and other intergovernmental agreements. As discussed in the revenue section, with declining General Fund, CDBG and RCT funds, as well as ARPA funding expiring, economic development activities will be severely impacted over the forecast years unless additional resources are allocated. About 31 FTE are budgeted to this appropriation category. Housing - These expenditures occur through an IGA with Portland Housing Bureau (PHB) and incorporate amendments to the Housing Set Aside policy adopted by City Council in 2015 that dedicate 45% of all new TIF debt proceeds to affordable housing. Year over year changes in budget are related to the timing of project expenditures as provided by PHB to Prosper Portland to incorporate into the annual budget and five- year forecast. Infrastructure - The infrastructure program budget includes all projects and programs that are public infrastructure improvements related to parks, public facilities, and transportation. Forecasted projects include funding for transportation improvements in Central Eastside, Gateway, North Macadam and Broadway Corridor, as well as greenway improvements in North Macadam. Property Redevelopment - The property redevelopment program budget is comprised of commercial property redevelopment, commercial real estate lending, property management activities, and community redevelopment grants. Projects include ongoing predevelopment costs for the former US Post Office site and Broadway Corridor, funding for an IGA with Portland State University in the North Macadam district, and ongoing action plan investments for loans, grants and predevelopment work in Interstate and Gateway. The budget includes ongoing property management costs across Prosper Portland held properties including the Convention Center Garage, Inn at Convention Center, Station Place Garage, and Union Station. Property management expenditure assumptions for some assets (including Inn at the Convention Center) are removed from the forecast based on estimated timing of disposition.

Also included in this section are General Fund and Strategic Investment Fund allocations for small business lending, commercial lending, and middle-income housing lending programs. About 40 FTE are budgeted to this appropriation category. Non-Program Requirements Non-Departmental requirements are transfers and contingency. Transfers - This category accounts for transfers between funds. Transfers are comprised of internal service reimbursements from capital and special revenue funds to the general fund for administrative overhead. Transfers also include cash equity transfers or inter fund loans Contingency - This is budgeted to cover unanticipated requirements and reserve funds for projects planned in future fiscal years. Contingency is decreasing largely due to the decreased beginning fund balance and the spending of TIF cash resources to fund projects and programs. The five-year forecast for each TIF district illustrates how contingency is budgeted between FY 2025-26 and FY 2029-30. Most of the FY 2025-26 contingency is spent down by FY 2029-30, however higher contingency amounts are maintained in several funds that have ongoing projects and programs past the five-year forecast (e.g. Convention Center, Interstate, Lents, River District, Westside, Strategic Investment Fund). Contingency is maintained in the Business Management Fund to support the ability to manage cash flow in other funds via short-term interfund loans and provide for a general cash reserve. Expenditure Risks to the Forecast and Confidence Level Risks to the forecast include both revenue and expenditure assumption risks. Revenue risks: TIF proceeds: Moderate risk for lower assessed value growth in five-year forecast for new central city districts. The Westside TIF district includes a 1% assessed value growth assumption; Lloyd and Central Eastside Corridor include a 2% growth assumption. 3% growth assumptions used for neighborhood districts. Fees and Charges: Low risk based on established contracts and funding agreements. Loan program income: Low risk based on loan discount/allowance already included in forecast and level of forecast revenue. Property income: Low risk based on current performance trend and relative amount of forecasted revenue.

Expenditure Risks: Personnel: Moderate, longer-term risk for personnel costs due to potential higher than forecast increases in health premiums as well as higher actuarially determined PERS rates in FY 2027-28 and FY 2028-29. Higher rates may put pressure on overall staffing and operating levels. Prosper Portland has one union, which is under contract through the end of FY 2026-27 after which the contract will be renegotiated. Changes in overall compensation from the current contract may put pressure on overall staffing and operating levels. The operating budget does not include the FY 2025-26 level of personnel (102 positions) through the five-year forecast since the forecast does not include return assumptions for planned Strategic Investment Fund and other TIF district investments, that will be necessary to maintain operations as planned for in the Financial Sustainability Plan. Ability to maintain 102 FTE through the duration of the forecast will depend on realizing income projections from investments and will be reconciled in future forecasts. Planned TIF district projects and programs: Low risk to overall resource availability for remaining resources in sunsetting districts; however, higher inflation and interest rates may inflate project costs for loans, grants and other capital projects, resulting in reduced capacity for projects and programs. External partner staffing and overhead expenditures have increased over the past couple of years, on par with inflation. With these increases and funding sources staying relatively flat, fewer small businesses and workforce participants are served per dollar spent. Levels seem to have stabilized, making this risk low in the near term.

Financial Summary Total Resources and Requirements Revision Requested Forecast Forecast Forecast Forecast Total All Funds FY 2024-25 FY 2025-26 FY 2026-27 FY 2027-28 FY 2028-29 FY 2029-30 Resources Beginning Fund Balance 361,974,564 207,143,606 128,077,810 95,199,691 85,777,567 65,583,273 Revenue City General Fund & Cannabis Fund 25,086,220 15,805,030 16,200,156 16,605,160 17,020,289 17,445,796 Fees and Charges 13,551,140 13,358,439 11,599,735 11,619,725 11,548,864 6,780,760 Grants - Federal except HCD 2,771,768 - - - - - Grants - HCD Contract 2,180,932 2,148,627 2,041,196 1,939,136 1,842,179 1,750,070 Grants - State & Local 12,959,270 6,080,000 - - - - Interest on Investments 8,741,197 3,264,468 2,259,337 1,734,660 1,404,634 524,512 Loan Collections 2,937,965 3,822,704 6,567,749 1,492,462 1,058,544 - TIF Debt Proceeds 57,726,859 25,596,599 14,864,717 36,742,718 23,703,037 36,806,757 Miscellaneous 540,000 50,000 50,000 50,000 50,000 50,000 Property Income 10,585,171 15,024,719 6,413,270 5,196,504 4,842,116 4,853,029 Reimbursements 620,204 506,449 502,849 387,388 293,472 296,954 Service Reimbursements 11,476,618 12,834,505 12,962,613 12,602,416 12,855,378 11,810,779 Transfers In 37,083,189 26,803,511 207,125 191,668 191,668 191,668 Total Revenue 186,260,533 125,295,051 73,668,747 88,561,837 74,810,181 80,510,325 Total Resources 548,235,097 332,438,657 201,746,557 183,761,528 160,587,748 146,093,598 Requirements Expenditures Administration 13,107,805 13,051,464 8,340,030 10,658,067 10,930,322 11,225,065 Economic Development 43,596,916 24,035,697 21,204,449 20,415,385 20,115,836 18,048,263 Housing 36,309,369 35,614,954 30,827,578 21,853,396 15,438,432 21,544,035 Infrastructure 27,528,832 20,400,555 750,560 2,750,565 800,000 10,000,000 Property Redevelopment 171,992,962 71,620,161 32,254,511 29,512,464 34,672,839 26,488,306 Total Expenditures 292,535,884 164,722,831 93,377,128 85,189,877 81,957,429 87,305,669 Transfers 48,559,807 39,638,016 13,169,738 12,794,084 13,047,046 12,002,447 Contingency 207,139,406 128,077,810 95,199,691 85,777,567 65,583,273 46,785,482 Ending Balance - - - - - - Total Requirements 548,235,097 332,438,657 201,746,557 183,761,528 160,587,748 146,093,598 Total resources and requirements is the consolidation of all General Fund, TIF District, and Enterprise type Funds supporting Economic Development, Housing (Housing Set Aside), Transportation and Parks Infrastructure, and Prosperity Development activities. Revenue Forecast Revenue (in millions) Cash Balance $160 $250 $140 $200 $120 $100 $150 $80 $100 $60 $40 $50 $20 $‐ $‐ FY 2024‐25 FY 2025‐26 FY 2026‐27 FY 2027‐28 FY 2028‐29 FY 2029‐30 TIF Proceeds General Fund, Grants, RCT Fees and Charges Program Income Cash Balance

Financial Summary Total Resources and Requirements Revision Requested Forecast Forecast Forecast Forecast Fund Summary FY 2024-25 FY 2025-26 FY 2026-27 FY 2027-28 FY 2028-29 FY 2029-30 Requirements Expenditures Capital Projects 82nd Ave TIF Fund - 762,456 1,413,001 2,287,333 3,103,385 3,985,820 Airport Way TIF Fund 112,050 - - - - - Central Eastside Corridor TIF Fund - 171,025 310,437 467,093 636,329 817,723 Central Eastside TIF Fund 18,696,687 5,635,434 225,500 225,500 225,500 53,000 Convention Center TIF Fund 5,538,808 1,578,071 770,796 790,796 790,796 798,296 Cully TIF Fund 798,378 1,305,918 1,972,986 10,218,202 13,865,750 11,355,928 Downtown Waterfront TIF Fund 5,646,012 - - - - - East 205 TIF Fund - 1,230,490 2,350,758 3,757,134 5,173,287 6,642,060 Gateway Reg Center TIF Fund 33,776,453 11,349,513 8,410,608 7,641,764 6,349,738 9,594,321 Interstate Corridor TIF Fund 43,948,117 35,665,748 14,053,464 5,918,332 368,992 103,739 Lents Town Center TIF Fund 20,121,608 1,799,683 1,569,215 22,891 22,891 22,891 Lloyd-Holladay TIF Fund - 2,272,107 1,882,312 775,800 1,034,505 1,311,795 North Macadam TIF Fund 21,376,793 33,642,562 10,417,119 895,389 830,647 10,550,915 River District TIF Fund 43,180,043 1,001,593 626,598 626,603 633,538 633,538 South Park Blocks TIF Fund 72,488 - - - - - Sumner, Parkrose, Argay, Columbia Corridor TIF Fund - 452,103 940,058 1,418,759 1,928,950 2,480,825 Westside TIF Fund - 10,733,201 4,678,673 4,454,643 4,450,019 3,725,705 Willamette Industrial TIF Fund 4,018,722 34,826 46,000 46,000 31,245 31,245 Enterprise Fund Business Management Fund 1,263,449 - - - - - Strategic Investment Fund 22,559,701 11,450,824 10,959,678 10,452,803 6,991,292 4,827,859 General Fund General Fund 41,285,329 24,494,511 19,645,663 22,236,541 22,788,458 22,869,854 Internal Service Fund Special Revenue Affordable Commercial Tenanting Fund 501,321 15,691 - - - - Ambassador Program Fund 13,000 - - - - - American Rescue Plan Act Fund 2,751,786 - - - - - Community Opportunities & Enhancements Program Fund 2,542,092 2,248,014 2,250,000 2,250,000 2,250,000 2,250,000 Enterprise Zone Fund 1,312,077 1,260,560 1,235,305 1,236,288 1,161,906 610,451 HCD Contract Fund 2,181,347 2,148,627 2,041,196 1,939,136 1,842,179 1,750,070 Other Federal Grants Fund 13,195,261 6,300,300 300,050 300,050 300,050 - Portland Clean Energy Fund 7,644,362 9,169,574 7,277,711 7,228,820 7,177,972 2,889,634 Total Expenditures 292,535,884 164,722,831 93,377,128 85,189,877 81,957,429 87,305,669 Transfers 48,559,807 39,638,016 13,169,738 12,794,084 13,047,046 12,002,447 Contingency 207,139,406 128,077,810 95,199,691 85,777,567 65,583,273 46,785,482 Total Requirements 548,235,097 332,438,657 201,746,557 183,761,528 160,587,748 146,093,598 Total Requirements by Fund shows total programmed expenditures for all projects and programs summarized by fund. The following schedules provide details on the resources and appropriations for each fund.

Financial Summary Total Resources and Requirements Revision Requested Forecast Forecast Forecast Forecast 82nd Ave TIF Fund FY 2024-25 FY 2025-26 FY 2026-27 FY 2027-28 FY 2028-29 FY 2029-30 Resources Revenue TIF Debt Proceeds - 864,246 1,763,788 2,699,829 3,654,301 4,686,414 Total Revenue - 864,246 1,763,788 2,699,829 3,654,301 4,686,414 Total Resources - 864,246 1,763,788 2,699,829 3,654,301 4,686,414 Requirements Expenditures Economic Development - 68,750 68,750 68,750 68,750 68,750 Housing - 373,354 761,956 1,166,326 1,578,658 2,024,531 Property Redevelopment - 320,352 582,295 1,052,257 1,455,977 1,892,539 Total Expenditures - 762,456 1,413,001 2,287,333 3,103,385 3,985,820 Transfers - 101,790 350,787 412,496 550,916 700,594 Ending Balance - - - - - - Total Requirements - 864,246 1,763,788 2,699,829 3,654,301 4,686,414 82nd Avenue TIF Fund represents one of six recently adopted TIF districts that will receive resources starting in FY 2025‐26. Resources are based on an estimated 3% growth in assessed value. FY 2025‐26 programming will be focusing development of the district Action Plan. Housing is 45% of net proceeds based on the Housing Set Aside policy.

Financial Summary Total Resources and Requirements Revision Requested Forecast Forecast Forecast Forecast Airport Way TIF Fund FY 2024-25 FY 2025-26 FY 2026-27 FY 2027-28 FY 2028-29 FY 2029-30 Resources Beginning Fund Balance 5,073,216 - - - - - Revenue Interest on Investments 72,626 - - - - - Total Revenue 72,626 - - - - - Total Resources 5,145,842 - - - - - Requirements Expenditures Economic Development 112,050 - - - - - Total Expenditures 112,050 - - - - - Transfers 5,033,792 - - - - - Ending Balance - - - - - - Total Requirements 5,145,842 - - - - - The Airport Way TIF District was created in 1986 to develop land near the airport for mixed‐use development and quality job creation. The district has been terminated and residual assets (Cascade Station land leases) were transferred to the Strategic Investment Fund in FY 2024‐25.

Financial Summary Total Resources and Requirements Revision Requested Forecast Forecast Forecast Forecast Central Eastside Corridor TIF Fund FY 2024-25 FY 2025-26 FY 2026-27 FY 2027-28 FY 2028-29 FY 2029-30 Resources Revenue TIF Debt Proceeds - 184,553 374,789 570,842 768,784 980,945 Total Revenue - 184,553 374,789 570,842 768,784 980,945 Total Resources - 184,553 374,789 570,842 768,784 980,945 Requirements Expenditures Economic Development - 3,000 3,000 3,000 3,000 3,000 Housing - 23,477 105,659 190,353 275,864 367,518 Property Redevelopment - 144,548 201,778 273,740 357,465 447,205 Total Expenditures - 171,025 310,437 467,093 636,329 817,723 Transfers - 13,528 64,352 103,749 132,455 163,222 Ending Balance - - - - - - Total Requirements - 184,553 374,789 570,842 768,784 980,945 Central Eastside Corridor TIF Fund represents one of six recently adopted TIF districts that will receive resources starting in FY 2025‐26. Resources are based on an estimated 2% growth in assessed value. FY 2025‐26 programming will be focusing development of the district Action Plan. Housing is 45% of net proceeds based on the Housing Set Aside policy.

Parent: CommEcDev---FYFP-Combined · ← Part 2 · Part 4 →