Take Infill Score & Develop Action Plan

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2 Take Infill Score & Develop Action Plan Truckee Railyard Partnership Downtown Specific Plan & EIR 25k Grant from CCLR Proactive Predevelopment Sustainable Communities Grant & Load Program 350k EIFD Potential? Search Sign Out Created Truckee Railyard Partnership - State -Town - Developer Goals Priorities Actions Progress Concept plan by Holliday Development Affordable Housing & Sustainable Communities $8 million Community Based Master Plan Unanimous Building Prototype Gold Nugget Award EIR Cleanup

3 Take Infill Score & Develop Action Plan Search Sign Out Goals Priorities Actions Progress

4 [UN]Shelve & Activate Your Plan 4

5 Infill & Revitalization Search Sign Out Goals Priorities Actions Progress

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8 Community Investment

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10 Take Infill Score & Develop Action Plan Search Sign Out Goals Priorities Actions Progress

11 Infill Ready?

12 Take Infill Score & Develop Action Plan Search Sign Out Goals Priorities Actions Progress

13 Explore EIFD - Network - Share Resources Search Sign Out Goals Priorities Actions Progress

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16 Redirect future incremental increases in property tax revenue, to be reinvested in a place. 16

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20 Primary participants in EIFDs are cities/towns, counties and special districts EIFDs do not automatically get all incremental property taxes - Each public agency/district must agree to the amount of tax increment they will contribute EIFDs cannot take revenue from: K-12 school districts Community college districts County offices of education 20

21 Facilities need not be physically located within the boundaries of the district. BUT any facilities financed outside the district must have a tangible connection to the work of the district. Up to 10% of tax increment generated in the first 24 months of the EIFD may be used for planning and public education activities. 21

22 Source: Centro & Town of Mammoth Lakes Considerations -Boundaries -Taxing Authority Participation -Engagement -Timelines -Governance 22

23 Primary participants in (E)IFDs are cities/towns, counties and special districts (E)IFDs do not automatically get all incremental property taxes Each public agency/district must agree to the amount of tax increment they will contribute (E)IFDs cannot take revenue from: K-12 school districts Community college districts County offices of education 23

24 1. Multi-Jurisdiction

25 Rapid Assessment of EIFD opportunities Type, Opportunity Sites, % Rev. Share, Gap/Needs

26 1. Multi-Jurisdiction

27 2. City-Wide

28 2. City-Wide

29 2. Redevelopment 2.0

30 2. Redevelopment 2.0

31 3. Focused Area

32 3. Focused Area

33 4. Targeted Opportunity Sites non contiguous

34 4. Targeted Opportunity Sites -non contiguous

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36 Redevelopment Replacement? 458 EIFD Opportunity Revenue Share Number of Cities by Category Greater than 20% GO! 45 Lock in Increment 15% to 19.9% Start! 50 Assess/Study Alternatives 9% to 14.9% WARNING! 198 Reach out to Taxing Entities Less Than 9% STOP! 185 Negotiate Increment Sharing

37 Create EIFD now & lock in Increment Fresno San Diego Truckee Livermore Lodi 458 EIFD Opportunity Revenue Share Number of Cities by Category Greater than 20% GO! 45 Lock in Increment

38 Create EIFD Assess/Study Alternatives San Francisco Sacramento Pleasanton 458 EIFD Opportunity Revenue Share Number of Cities by Category 15% to 19.9% Start! 50 Assess/Study Alternatives

39 Create EIFD Reach Out to Other Tax Entities Rancho Cordova, Bakersfield, Clovis, Mountain View, Visalia, Davis, Salinas, Porterville, Hanford, Madera, Morro Bay, Reedley, Merced, San Jose EIFD Opportunity Revenue Share Number of Cities by Category 9% to 14.9% WARNING! 198 Reach out to Taxing Entities

40 Negotiate Increment Sharing Corcoran Kerman Palm Desert 458 EIFD Opportunity Revenue Share Number of Cities by Category Less Than 9% STOP! 185 Negotiate Increment Sharing

41 Redevelopment Replacement? EIFD Opportunity Revenue Share Number of Cities by Category Greater than 20% GO! 45 Lock in Increment 15% to 19.9% Start! 50 Assess/Study Alternatives 9% to 14.9% WARNING! 198 Reach out to Taxing Entities Less Than 9% STOP! 185 Negotiate Increment Sharing

42 Redirect future incremental increases in property tax revenue, to be reinvested in a place. 42

43 Toolkits Sign up for the Civic Accelerator Program 43 Governance Finance Engagement Performance/Metrics Jetfabrik Multipurpose Theme. All Rights Reserved.

44 Thanks! Darin Dinsmore