HomeMy WebLinkAboutSupplemental Attachments - 11/1/2021oval R eav,
Tips on Tifs
Form 1: giving a tax -increment financing to a private developer
When a city (or county if the Board of Supervisors grants the TIF) grants tax increment
financing, the city (or county) borrows money from the bond market, in the form of a TIF bond.
That borrowed money is then given to the developer to build housing, a commercial building, or
an industrial building. The TIF bond (the loan and interest) are paid with the developer's
property taxes. Once the TIF bond, has been paid, the developer owns the building, even
though tax money was used to pay for the loan and interest. This is the equivalent of a gift, a
grant, or a welfare payment.
Step
When you pay property taxes:
When a developer with TIF pays property
taxes:
O1
The entire property is • esignatecf as
the base
The propertyis dividedinto 2 parts —the base
and the increment. The increment is the
development (such as a new building or an
addition to a building) that is covered by tax
increment financing. The is Jpe
pe��hffnre the development. In the
case of a new building, the base would be the
ground under the building.
Z
Property tax is paid to the county
treasurer
Property tax is paid to the county treasurer
i
All of the property taxes will be
distributed to public entities.
The property taxes are divided into 2 parts —
the tax paid on the base, and the tax paid on
the jncremgat.
County treasurer distributes the
property taxes to the city, the county,
the school district, community college,
Agriculture Extension Service, and
other public entities
County treasurer distributes the property
taxes collected on the base to the city, the
county, the school district, community
college, Agriculture Extension Service, and
other public entities
The property taxes on the increment are
distributed to the city (or county if the Board
11f Sunervisnrs issued the TIFI.
.r
The city (or county) uses the property taxes
on the increment to pay for the TIF bond. The
public Fes n-keceive the tax money to use
for schools, police, -tire, streets, or any of the
pudic services that are paidTor with property
taxes.
The treasury of the State of Iowa replaces
some of the tax money that was diverted
from the school district. However that may
not completely reimburse the school district.
Sierra Club Iowa Chapter. 3839 Merle Hay Road, Suite 280. Des Moines. Iowa, 50310. 515-277-8868
Email: iowa.chapter@sierraclub.org Web: www.sierraclub.orgtiowa Facebook: Iowa Chapter Sierra Club
2
•
October 18th Waterloo City Council Meeting
The council meeting conducted on October 18 was a debacle.
While discussing the All in One Grocery issue, the question was called three times to vote on
ending the debate. The mayor allowed the negative rhetoric to continue admonishing Mrs.
Klein. I have reviewed the video four times. The Councilwoman never addressed Mr.
Anderson by name. Both the mayor and Mr. Anderson made personal rebukes to Mrs. Klein.
Was it perhaps politically motivated?
Could they perhaps be classified as verbal abuse?
Would the comments have been delivered in a private setting?
Could that have been more professional?
P.S. When did the mayor become an investor in the grocery project?
From: Sherry Gable
To: Kelley Felchie
RE: Oct. 18 council meeting
Date: Nov. 1 2021
Vox
George H.W. Bush's "Willie
Horton" ad will always be the
reference point for dog -whistle
racism
How "Willie Horton" went from shorthand for black depravity to
shorthand for political racism.
By Rachel Withers i Dec 1, 2018, 4:10pm EST
A still from a 1988 presidential campaign TV spot created by George H.W. Bush's supporters that attacked his
Democratic opponent Michael Dukakis for being soft on crime.
George H.W. Bush, the one -term president who died on Friday at age 94, is often
overlooked by history, despite having presided over the last truly bipartisan "grand
Swath Mt# Oka ? Ulu
Facebook.c om/CedarVaHeyEtackstheBlue
Waterloo can't take more of Mayor Hart's
don't need `. ayor who appoints sexual
iredato f ` once advisory boards.
Paid for by Cedar Valley Backs the Blue PAC
PO Box 2332 Waterloo, IA 50704
Tray 3-00000429
*******AUTO**SCH 5-DIGIT 50701
WATERLOO, IA 50701-
1"1111"111A111111111'1II'II'111111+HIIII¥I"h11IIIIII<'`lI
PRST STD
U.S. POSTAGE
PAID
DES MOINES IA
PERMIT NO. 1203
Mayor Quentin Hart's
"Waterloo man arrested for alleged
sexual abuse of a 15-year-old girl"
"Jamodd Sallis was a member of the Waterloo Police
Rebranding Committee --which was tasked with replacing
the "griffin" logo for the Waterloo Police Department."
KwwL.colh
FINANCE DEPT. STAFF ONLY
LINE ITEM USED 010-12-1410 1346
TRAVEL REQUEST
CITY OF WATERLOO
FY 22 BUDGETED $6,000.00
EXPENDED YTD $1,778.80
THIS REQUEST $ 680.00
LEFT AFTER THIS
REQUEST $3,541.20
DATE
Original - Clerk/Finance Cosy - Department
NAME(S) AND POSITION(S):
Jason Hernandez, Medical Supervisor
DATE:
October 19, 2021
NAME OF CLASS / MEETING:
Iowa Emergency Medical Services Association
Conference and Trade Show
DESTINATION:
DEPARTURE POINT
IF NOT WATERLOO:
Des Moines, Iowa
DEPARTURE DATE:
November 11 th, 2021
RETURN DATE:
November 13th, 2021
DATE(S) OF MEETING:
November 11-13, 2021
PURPOSE OF TRAVEL/TRAINING:
The Iowa EMS Association conference is the annual conference held by that association which WFR is
a proud member.The conference covers the latest in data driven and evidence based emergency care.The
event will provide required education as the service director for Waterloo Fire Rescue Ambulance.
WILL TRAVEL REQUIRE ADDITIONAL PERSONNEL:
X COST $
YES NO
METHOD OF TRAVEL:
CITY VEHICLE
X PRIVATE VEHICLE
AIRFARE DEPARTING FROM:
ESTIMATE OF COST:
$340
$30
$270
LODGING
MEALS
REGISTRATION
MILEAGE/FUEL
$40
TOTAL FOR ALL: $ $680
TAXI
PARKING
AIRFARE
MISC/TOLLS
BUDGET LINE ITEM: 010-12-1410-1315
X GRANT REIMBURSABLE
YES NO
X
YES NO
REQUIRED CERTIFICATION
TOTAL: $ 680.00
PER PERSON
I BELIEVE THIS TRIP SERVES A PUBLIC PURPOSE
AND IS NECESSARY AND BENEFICIAL TO THE
CITY OF WATERLOO
I APPROVE THIS TRAVEL REQUEST
Jason Hernandez F/ 4
DEPARTMENT HEAD
October 19, 2021
MAYOR
11/1/2021
DATE DATE
K:\Shared Goodies\Forms\Travel Request Form January 2010
TRAVEL REQUEST
CITY OF WATERLOO
FINANCE DEPT.
LINE ITEM USED
FY 2021 BUDGETED
EXPENDED YTD
THIS REQUEST
LEFT AFTER THIS
REQUEST
DATE
Original - Clerk/Finance
STAFF ONLY
010-11-1100-1346
$117,300.00
$ 40,499.43
$ 465.00
$76,335.57
10/20/21
Copy - Department
NAME(S) AND POSITION(S):
Investigators Jordan Ehlers and Keaton Northup
DATE:
10/20/21
NAME OF CLASS / MEETING:
CTK Advanced Interview and Interrogation Course
DESTINATION:
DEPARTURE POINT
IF NOT WATERLOO:
Marion, Ia.
DEPARTURE DATE:
11/15/21
RETURN DATE:
11/17/21
DATE(S) OF MEETING:
11/15-17/2021
PURPOSE OF TRAVEL/TRAINING:
Investigators Northup and Ehlers will be attending the Advanced Interview and Interrogation course put on by the CTK group in
Marion, Iowa November 15-17, 2021. I have attached a detailed description to this course. The cost of this course
will not exceed $465.00.
WILL TRAVEL REQUIRE ADDITIONAL PERSONNEL:
X COST $
YES NO
METHOD OF TRAVEL:
XXXXX CITY VEHICLE
AIRFARE
PRIVATE VEHICLE
DEPARTING FROM: Waterloo PD
ESTIMATE OF COST:
0.00
LODGING
90.00 MEALS
375.00 REGISTRATION
MILEAGE/FUEL
0.00
TOTAL FOR ALL: $ 465.00
TAXI
PARKING
AIRFARE
MISC/TOLLS
BUDGET LINE ITEM:
X GRANT REIMBURSABLE
YES NO
X REQUIRED CERTIFICATION
YES NO
TOTAL: $ 232.50
PER PERSON
I BELIEVE THIS TRIP SERVES A PUBLIC PURPOSE
AND IS NECESSARY AND BENEFICIAL TO THE
CITY OF WATERLOO
Capt. Matt McGeough
DEPARTMENT HEAD
10/20/21
I APPROVE THIS TRAVEL REQUEST
MAYOR
11 / 1 /2021
DATE DATE
K:\Shared Goodies\Forms\Travel Request Form January 2010
TRAVEL REQUEST
CITY OF WATERLOO
FINANCE DEPT.
LINE ITEM USED
FY 2021 BUDGETED
EXPENDED YTD
THIS REQUEST
LEFT AFTER THIS
REQUEST
DATE
Original - Clerk/Finance
STAFF ONLY
010-11-1100-1346
$117,300.00
$ 40,499.43
$ 695.00
$76,105.57
10/20/21
Copy - Department
NAME(S) AND POSITION(S):
Sgt. Greg Erie, Abby Herkelman, Bill Herkelman, Brice Lippert
DATE:
10/20/21
NAME OF CLASS / MEETING:
ILEA- Defensive Tactics Recertification
DESTINATION: ,Johnston, la.
DEPARTURE POINT
IF NOT WATERLOO:
DEPARTURE DATE:
11/3/21
RETURN DATE:
11/3/21
DATE(S) OF MEETING:
11/3/2021
PURPOSE OF TRAVEL/TRAINING:
Sgt. Greg Erie, Abby Herkelman, Bill Herkelman, Brice Lippert will be attending the ILEA- Defensive Tactics Recertification class on 11/3/21.
This course is a must to keep their defensive tactics instructor status current. This course will provide officers with
necessary case law updates, new techniques, and the ability to continue education to sworn officers .The total cost will not exceed $695.00.
WILL TRAVEL REQUIRE ADDITIONAL PERSONNEL:
X COST $
YES NO
METHOD OF TRAVEL:
XXXXX CITY VEHICLE
AIRFARE
PRIVATE VEHICLE
DEPARTING FROM: Waterloo PD
ESTIMATE OF COST:
0.00
45.00
600.00
50.00
LODGING
MEALS
REGISTRATION
MILEAGE/FUEL
TOTAL FOR ALL: $ 695.00
TAXI
PARKING
AIRFARE
MISC/TOLLS
BUDGET LINE ITEM:
X GRANT REIMBURSABLE
YES NO
X
YES NO
REQUIRED CERTIFICATION
TOTAL: $ 175.00
PER PERSON
I BELIEVE THIS TRIP SERVES A PUBLIC PURPOSE
AND IS NECESSARY AND BENEFICIAL TO THE
CITY OF WATERLOO
Capt. Matt McGeough
DEPARTMENT HEAD
10/20/21
I APPROVE THIS TRAVEL REQUEST
MAYOR
11 / 1 /2021
DATE DATE
K:\Shared Goodies\Forms\Travel Request Form January 2010
FINANCE DEPT. STAFF ONLY
LINE ITEM USED
010-11-1160-1346 11PRO.Retrain
TRAVEL REQUEST
CITY OF WATERLOO
FY 2021 BUDGETED $53,000.00
EXPENDED YTD $37,660.96
THIS REQUEST $15,000.00
LEFT AFTER THIS
REQUEST 339.04
DATE 10/20/21
Original - Clerk/Finance Copy - Department
NAME(S) AND POSITION(S):
WPD Staff (Civilian and Sworn)
DATE:
10/20/21
NAME OF CLASS / MEETING:
The Journey, The Joy and the job of Racial Justice
DESTINATION:
DEPARTURE POINT
IF NOT WATERLOO:
Waterloo, Ia.
DEPARTURE DATE:
RETURN DATE:
DATE(S) OF MEETING:
12/8/21, 12/13/21, 12/20/21
PURPOSE OF TRAVEL/TRAINING:
The entire Waterloo Police Department staff will be attending The Journey, The joy and the job of Racial Justice
Course put on by Troy Cicero for December In -Service Training. I have attached a lengthy outline and description
of this training. The cost of this training will not exceed $15,000.00 for all three training days. It is being paid for by grant funded donations.
WILL TRAVEL REQUIRE ADDITIONAL PERSONNEL:
X COST $
YES NO
METHOD OF TRAVEL:
XXXXX CITY VEHICLE
AIRFARE
PRIVATE VEHICLE
DEPARTING FROM: Waterloo PD
ESTIMATE OF COST:
0.00 LODGING
0.00 MEALS
15,000.00 REGISTRATION
0.00 MILEAGE/FUEL
TOTAL FOR ALL: $ 15,000.00
TAXI
PARKING
AIRFARE
MISC/TOLLS
BUDGET LINE ITEM:
X GRANT REIMBURSABLE
YES NO
X
YES NO
TOTAL: $ 115.00
REQUIRED CERTIFICATION
PER PERSON
I BELIEVE THIS TRIP SERVES A PUBLIC PURPOSE
AND IS NECESSARY AND BENEFICIAL TO THE
CITY OF WATERLOO
I APPROVE THIS TRAVEL REQUEST
Capt. Matt McGeough
DEPARTMENT HEAD
10/20/21
MAYOR
11 /1 /2021
DATE DATE
K:\Shared Goodies\Forms\Travel Request Form January 2010