If you have a jobs component in a developer agreement, but the entity did not meet the requirement for it and is therefore not getting any payment, do we still include it?

You would still report on it if your agreement is in effect. Therefore it would be listed on the Project and Debt tabs and you would report on it with the Jobs tab. But if you did not have expenditures for it in the reported fiscal year, then you would not show anything for it on the Non-Rebate Expenditures tab. You could make a note on the Notes tab to further explain the specifics of the situation, if you would like to clarify it.

Program Area
Local Government
Topic(s)
Tax Increment Financing, TIF

Printed from the Iowa Department of Management website on January 19, 2018 at 9:31pm.