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Baker Tilly presents 2024 TIF management report; Pendleton Pike, Monarch and Meyer Plastics remain active
Summary
Consultant Andy Mauser of Baker Tilly presented the city’s required 2024 TIF management report, outlining revenues, expenditures, outstanding debt and projected expirations for the Pendleton Pike, Monarch and Meyer Plastics allocation areas.
Andy Mauser of consulting firm Baker Tilly presented the 2024 Tax Increment Financing (TIF) management report to the Lawrence City Common Council on April 2, outlining 2024 activity, balances and outstanding debts for the city’s three allocation areas.
Mauser said the report compiles redevelopment commission activity for January through December 2024 and must be uploaded to the Department of Local Government Finance gateway. He said the redevelopment commission adopted a spending plan in December 2024 that controls TIF spending in 2025.
Key financi…
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