The Banks Urban Renewal Agency (Agency) has published the FY 2020/2021 Banks Urban Renewal Plan annual report.

PUBLIC NOTICE The Banks Urban Renewal Agency (Agency) has published the FY 2020/2021 Banks Urban Renewal Plan annual report. It is on file at City Hall and with the Agency. The full information is available to all interested persons. In FY 2020/2021, the Agency received $46,400 in property tax revenue. They expended $7,594. The estimated tax revenues for FY 2021/2022 are $59,125. The FY 2021/2022 budget includes $180,377 in revenues and expenditures. The amount of maximum indebtedness remaining for the Plan Area is $29,984,666. The impacts on taxing districts due to the Banks Urban Renewal Plan in FY 2020/2021 are shown below. Publish Jan. 27, Feb. 3, 2022 NT228781

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