TID 12 Allocation Amendment to Fund Shipyard Redevelopment
Summary
The board reviewed a proposed allocation amendment and amended project plan for the 20-year-old I-43 Industrial Park TID. A vote on the amendment is set for July 24, 2026.
At a glance
- Total mentions
- 4
- Last 30 days
- 0
Last discussed Aug 12, 2026.
Impact analysis
The amendment would adjust how tax increment from the industrial park is allocated; the district's 2025 fund balance was about $218,348 with projected future costs of roughly $8.4 million.
Industrial development in the I-43 park and the city's ability to complete remaining projects there.
Taxpayers cover the shortfall if the grant doesn't come through, and some amenities could be cut.
Mentions & discussions (4)
Green Bay council approves $750,000 grant match for shipyard project
Green Bay council approves $750,000 grant match for shipyard project WBAY
Improvement and Services Committee - Aug 12, 2026
A $10.86 million contract for Phase 2 was awarded, but bids ran about $750,000 over budget. The dog park and volleyball lighting depend on an extra grant from the National Park Service; council takes up funding next week.
Tax Incremental Districts Joint Review Board - Jul 24, 2026
The board approved moving up to $1.4 million in existing tax increments from the I-43 Industrial Park TID into the shipyard TID (TID 22) to fund eligible project costs and phase two shipyard redevelopment. TID 12 is closing, terminating August 18, and its value returns to the general property tax levy next year.
Tax Incremental Districts Joint Review Board - Jul 14, 2026
The board reviewed a proposed allocation amendment and amended project plan for the 20-year-old I-43 Industrial Park TID. A vote on the amendment is set for July 24, 2026.
Related development
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