Section 26.36
Annually, the downtown development authority shall submit to the village council and the state tax commission a report on the status of the tax increment financing account. The report shall include the amount and source of revenue in the account, the amount and purpose of expenditures from the account, the amount of principal and interest on any outstanding bonded indebtedness, the initial assessed value of the project area, the captured assessed value retained by the authority, the tax increments received, and any additional information the village council or the state tax commission considers necessary. The report shall be published in a newspaper of general circulation in the village. (Ord. No. 118, § 6, 5-20-1997)