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Commission notes tax‑increment funds available in mature urban renewal districts; staff asked to propose neighborhood engagement process
Summary
City commissioners approved FY26 budgets for urban renewal districts and discussed that Midtown and Northeast districts have accumulated tax‑increment funds but currently lack advisory boards; staff were asked to propose an engagement process so neighborhoods can weigh in on project priorities.
A city commissioner updated the Economic Vitality Board on recent City Commission action approving fiscal year 2026 budgets for Bozeman’s urban renewal districts and on conversation about engagement in mature districts.
Commissioners and staff discussed that the Midtown and Northeast neighborhood urban renewal districts are reaching maturity and have tax‑increment funds available for projects. The districts currently do not have formal advisory boards to give neighborhood residents direct input on how to spend available funds.
The commission asked the city manager and staff to develop options for neighborhood engagement and processes that would allow residents to weigh in on priorities for use of tax‑increment revenues. The commissioner said the proposal could come back to the commission and might be routed through advisory boards, neighborhood groups or a future agenda item for this Economic Vitality Board.
No formal project selections or allocations were made during the update; the action taken at the commission level was the approval of FY26 budgets for the urban renewal districts and a direction to staff to return with engagement options.
