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Roseville Public Works, Environment and <br />Transportation Commission <br />Agenda Item <br />Date: June 27, 2017 <br />Item Description: Overview of Tax Increment Financing <br />Background: <br />Item No: 5 <br />Recently the members of the PWET Commission have requested an overview and tutorial on <br />Tax Increment Financing (TIF) and how the City of Roseville uses this financing tool. <br />Jeanne Kelsey, Housing and Economic Development Program Manager, will provide an <br />overview of what TIF is, how the City uses it, and what TIF districts are currently active. <br />Ms. Kelsey will show a short 5-7 minute video which will explain how TIF districts work. This <br />video can be viewed at the following link: <br />httn://www.auditor.state.mn.us/default.asnx?nage=20131206.001 <br />Recommended Action: <br />Receive presentation on Tax Increment Financing. <br />Attachments: <br />A: TIF Fact Sheet from the Minnesota Office of the State Auditor website <br />B: Map of Active TIF in the City of Roseville <br />C: Roseville TIF District Fund Balances <br />