TID 2 developer reimbursement planning
City of Berlin cityWisconsin- Detected
- Jul 22, 2026
- 103 days ago
- Sector
- Administration & Finance
- Est. value
- Free account
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THE 30-SECOND BRIEF
TID 2 (David White environmental remediation) shows a 2025 fund balance of $48,687 against $93,808 in future costs and no future TID revenue. The proforma models a deferred TID grant to State Bank of Chilton with estimated total grants of $113,389, relying on accumulated balances and a 2031 payment. This creates a need for financial planning, compliance support, and potentially renegotiation or restructuring of the developer/bank reimbursement arrangement.
Developer grants line identifies State Bank of Chilton; example proforma describes a $300,000 developer borrowing and deferred payments funded from TID balances.
From the meeting
- Meeting date
- July 22, 2026
- Agency
- City of Berlin city
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