15:39
So the EIFD is a financing tool that captures future growth and property tax increment. And I think this visual, if you can see it, illustrates it well, where you create a district, a boundary, and you have a baseline assess value of that property value.
2:05:48
We'll start with property tax which is relatively in line with our adopted budget just some updated projections from our consultants yields a $330,000 increase.
29:56
Thank you. Just a couple. And Joe was asking you about funding. You mentioned taxes. Are those property taxes or assessments on the property tax bill?