Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council gives first reading to budget amendment moving TIF funds for park monument and city hall renovation
Summary
The council presented (first reading) an ordinance to amend fiscal year 2025 budget to appropriate remaining Tax Increment Financing (TIF) District 1 balance: $25,000 for a Riverside Park dedication monument and $2,300,000 toward new city hall renovations; vote scheduled for next week.
GADSDEN, Ala. — The Gadsden City Council on Tuesday took up the first reading of an ordinance that would amend the fiscal year 2025 budget to spend remaining funds from Tax Increment Financing (TIF) District 1: $25,000 for a Riverside Park dedication monument and $2,300,000 for renovations to a new city hall.
Council members said the TIF legal…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
