Funding / Budgets / Expenses

How We Are Funded

The DDA utilizes a Tax Increment Financing (TIF) mechanism to finance many of its projects, including its streetscape and parking structure construction projects, grants for programs such as affordable housing and energy saving, and downtown studies. The DDA’s TIF is derived from some of the new taxes generated by new building construction in the DDA District, which is then directed into downtown purposes with the goal of encouraging economic growth, greater tax values, and private reinvestment. The A2 DDA TIF does not include tax increases created by property value escalation or by inflation. Thus, as the Ann Arbor DDA works to generate increased economic activity in the downtown, one of the important offshoot benefits is tax revenue growth through increased valuations of downtown real and personal property.

Public Parking revenues are the other major source of funds for DDA projects. The DDA has operated the public parking in Ann Arbor since 1992 (the City of Ann Arbor manages parking enforcement). The DDA uses its parking revenues to operate parking facilities, pay for debt service, repairs, maintenance, and equipment upgrades. The DDA also uses its parking revenues to fund alternative transportation programs that support the downtown including the go!pass (a free bus pass for downtown employees), and the getDowntown program. In addition, a significant portion of DDA parking revenues are provided to the City, which uses this for General Fund and street fund purposes.

DDA Annual Budget

The Ann Arbor Downtown Development Authority adopts an annual operating budget every spring.  The DDA fiscal year runs from July 1 to June 30.   The Finance Committee and the DDA Board review financial statements quarterly.

Budget FY 2019 (pdf)

Budget FY 2018 (pdf)

Budget FY 2017 (pdf)

Budget FY 2016 (pdf)

Budget FY 2015 (pdf)

Budget FY 2014 (pdf)

Budget FY 2013 (pdf)

Budget FY 2012 (pdf)

Budget FY 2011 (pdf)

Budget FY 2010 (pdf)

DDA Expense Reports

August 2018 Expense Report

July 2018 Expense Report

June 2018 Expense Report

May 2018 Expense Report

April 2018 Expense Report

March 2018 Expense Report

February 2018 Expense Report

January 2018 Expense Report

December 2017 Expense Report

November 2017 Expense Report

October 2017 Expense Report

September 2017 Expense Report

August 2017 Expense Report

July 2017 Expense Report

June 2017 Expense Report

May 2017 Expense Report

April 2017 Expense Report

March 2017 Expense Report

February 2017 Expense Report

January 2017 Expense Report

December 2016 Expense Report

November 2016 Expense Report

October 2016 Expense Report

September 2016 Expense Report

August 2016 Expense Report

July 2016 Expense Report

June 2016 Expense Report

May 2016 Expense Report

April 2016 Expense Report

March 2016 Expense Report

February 2016 Expense Report

January 2016 Expense Report

December 2015 Expense Report

November 2015 Expense Report

October 2015 Expense Report

September 2015 Expense Report

August 2015 Expense Report

July 2015 Expense Report

June 2015 Expense Report

May 2015 Expense Report

April 2015 Expense Report

March 2015 Expense Report

February 2015 Expense Report

January 2015 Expense Report

December 2014 Expense Report

November 2014 Expense Report

October 2014 Expense Report

September 2014 Expense Report

August 2014 Expense Report

July 2014 Expense Report