Centennial Lakes TIF Fund
Summary
An update on the Centennial Lakes tax-increment financing fund, which helps fund redevelopment in that district.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Jun 23, 2026.
Impact analysis
TIF dollars come from property tax increments in the district rather than the general levy, so no direct tax increase is attached to this update.
Redevelopment projects in the Centennial Lakes district and the revenue the city ultimately captures there.
Residents could face tax pressure if the fees lapse without replacement revenue.
Mentions & discussions (2)
City Council Work Session - Jun 23, 2026
Maintenance fees funding Centennial Lakes Park expire in 2028, and declining outdoor ice days due to climate change are cutting revenue. Council discussed asking commercial property owners — who pay about half the fees — to extend the agreement in 2027.
Housing & Redevelopment Authority - May 14, 2026
An update on the Centennial Lakes tax-increment financing fund, which helps fund redevelopment in that district.
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