August 6, 2025 · 3:00 PM

Joint Review Board

The Joint Review Board got a quick annual update on Two Rivers’ Tax Increment Districts (TIDs), including news that the city hired Baird to estimate TID values with a report expected the following week. The board also talked about filling its open public-member seat but did not take action.

Key Decisions

The board reviewed the status of all TIDs, and staff said Baird was hired to produce a valuation estimate for every TID, with results expected the next week—key information for understanding whether these districts are performing as promised and how long they may stay open.

Members discussed selecting a new public member for the Joint Review Board but took no action, leaving the public seat unfilled for now.

Public Input

No public comments or communications recorded for this meeting.

Agenda Items

SELECTION OF A NEW PUBLIC MEMBER

The board discussed possible candidates for the open public-member seat but did not vote or make an appointment. For residents, this matters because the public seat is supposed to bring an outside perspective to TID oversight—especially important when the board is reviewing big-dollar development tools.

📄 See in official document: Page 1

ANNUAL REVIEW OF ALL TAX INCREMENTAL DISTRICTS

City staff gave a summary of activity and finances for each TID and reported that Baird was hired to prepare a valuation estimate for all TIDs, with a report expected the next week. That valuation work is a big deal because it can shape expectations about whether TIDs are generating the tax base growth they were created for—and how much risk or payoff the city is carrying. Staff said the information would be shared once received, so the public still needs to see the actual numbers to judge performance.

📄 See in official document: Page 1

tid Full history → tax increment financing Full history →

← Back to Meetings