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Allen County adopts 2025–2029 capital improvement plan to preserve economic development revenue eligibility
Summary
The Board approved a 2025–2029 capital improvement plan required by state law to maintain eligibility for local economic development revenue; redevelopment director Alyssa Mullaly outlined allocations for TIF bond backup, incentives, infrastructure engineering and partnerships with local economic development organizations.
Allen County Commissioners on March 14 adopted the county’s capital improvement plan for 2025–2029, a document the county uses to specify local income tax allocations for economic development and to maintain eligibility for distributions under state law.
Alyssa Mullaly, director of redevelopment, told commissioners the plan tracks prior uses and projections and is closely tied to the county budget. Mullaly said the plan identifies funding for organizations the county traditionally supports — including Greater Fort Wayne Inc. and the Downtown Improvement District — and reserves money for TIF bond backup, an incentive pool, infrastructure engineering and rural development projects.
Mullaly cited Indiana Code 6.6-3.6-6-9.5, which allows a county executive to adopt a capital improvement plan that specifies the use of funds allocated for economic development purposes and noted that counties without a current plan risk losing economic development revenue distributions. “It’s better to have a plan than not have a plan,” she said.
The plan also sets aside an approximate $50,000-per-year allocation tied to a county-created revolving fund intended to support speculative shell buildings and loans from that fund. Mullaly mentioned highway projects budgeted loosely at about $8 million over five years for highway projects deemed economic development in nature and cited specific prospective projects such as Pleasant Center Road, which may include local funding alongside federal grants.
Commissioners asked for examples of infrastructure engineering and rural development projects; Mullaly pointed to prospects in areas around Woodburn, Louisville and Monroeville as typical candidates. The board voted to adopt the resolution approving the 2025–2029 capital improvement plan.
Ending: Mullaly said staff will continue to align the plan with upcoming budget appropriations and noted the plan is due in May under state law.
