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• <br /> DEN HILLS <br /> MEMORANDUM <br /> DATE: October 8, 2010 <br /> TO: Financial Planning and Analysis Committee <br /> FROM: Sue Iverson, Finance Director/Treasurer <br /> SUBJECT: Meeting agenda and supplemental items in packet <br /> Discussion on Developing a TIF policy <br /> . One of the items on the 2010 work plan was: <br /> To develop a TIF policy as to what maximum percentage of the City should be in a TIF district. <br /> As we have potential projects that may request TIF assistant, the council would like the committee to <br /> explore and start working on this policy. This will ultimately be done with the EDC,but we would like to <br /> start the discussions and explore what information needs to be gathered and develop a "work plan" on <br /> how to begin this task. <br /> Supplemental items in packet <br /> Included in your packet is some information put together by the League of Minnesota Cities (LMC) on <br /> City Finances, basically the 2010 Property Tax Report. This information is provide for informational <br /> purposes. <br /> We now have the 2010 Budget book completed. We will distribute copies to you at your meeting on <br /> Tuesday night. <br /> • <br />