Agenda - City of Dallas

Oak Cliff Gateway TIF District
FY 2011 Annual Report
Budget and Spending Status
Oak Cliff Gateway TIF District
Projected Increment Revenues to Retire TIF Fund Obligations
Category TIF Budget* Allocated Balance
Public Infrastructure Improvements – Streets, Streetscape,
Water, Wastewater, Utility Burial $11,918,514 $4,270,018 $7,648,496
Façade Improvements $3,952,504 $0 $3,952,504
Environmental Remediation and Demolition $7,186,371 $5,168,176 $2,018,195
Pedestrian Linkages/Lighting $1,796,593 $20,345 $1,776,248
Educational/Training Facilities $718,637 $0 $718,637
Economic Development Grants $8,982,964 $5,650,000 $3,332,964
Administration $802,690 $626,187 $176,503
Total Project Costs $35,358,273 $15,734,726 $19,623,547
* Budget shown in current dollars and based on 2009 district extension and amendments
** All values are estimated expenditures based on annual TIF project costs. These values depend on the timing of
projects and will fluctuate.
Oak Cliff Gateway TIF District
Amended Project Plan Budget (1992 dollars)
Category
TIF Budget*
Public Infrastructure Improvements – Streets,
Streetscape, Water, Wastewater, Utility Burial $3,316,977
Façade Improvements $1,100,000
Environmental Remediation and Demolition $2,000,000
Pedestrian Linkages/Lighting $500,000
Educational/Training Facilities $200,000
Economic Development Grants $2,500,000
Administration $450,000
Total Project Costs $10,066,977
* As approved in the amended Project Plan and Reinvestment Zone
Financing Plan for the district, amended November 2009.
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