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Redevelopment commission hears 2025 TIF annual report; no formal vote required
Summary
Emma, a consultant with Baker Tilly, presented the Lebanon Redevelopment Commission’s 2025 tax-increment-financing annual report and said the report fulfills state reporting requirements that must be filed to the state’s Gateway portal by April 15.
Emma, a consultant with Baker Tilly, presented the Lebanon Redevelopment Commission’s 2025 tax-increment financing annual report and said the report fulfills state reporting requirements that must be filed to the state’s Gateway portal by April 15.
The presentation summarized the commission’s multiple TIF allocation areas, noted two new allocation areas added since last year—New Cold Phase 3 and Project Leap Phase 1—and reviewed revenues, expenditures, trustee-held accounts and outstanding bonds. Emma said the…
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