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Council debates using redevelopment (TIF) balances and self‑insurance reserves to cover budget gaps
Summary
Council members and commissioners discussed whether redevelopment (TIF) funds or the county’s self‑insured health fund can be used to fill budget shortfalls, with staff and counsel flagging legal limits and a recent statute that allows TIF revenues to support police and fire operations under certain conditions.
Delaware County councilors pressed for options to close a multi‑million dollar budget shortfall and discussed whether unallocated tax‑increment financing (TIF) balances or the county’s self‑insured health reserves could be used to cover operating needs.
Why it matters: councilors and commissioners said several TIF districts have accumulated new assessed value and unallocated balances, and asked whether those funds can be used to relieve pressure on the general budget. County staff and counsel said the redevelopment commission controls TIF revenues but noted a recent statutory change that may permit some TIF dollars to be spent on public safety operations.
County finance remarks and redevelopment balances: county staff said an accounting summary from Baker Tilly identified roughly $6 million in unallocated…
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