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Commission approves claims, receives March financial update; April reporting to be uploaded to Gateway by April 15
Summary
The commission approved claims totaling $11,420 and heard a monthly financial report showing TIF fund balances of about $1.12 million, roughly $113,000 in revenue year‑to‑date and $701,000 in expenses.
The commission approved claims totaling $11,420 and received the monthly financial update, during which staff walked commissioners through year‑end TIF fund balances, revenues and expenditures and the April reporting requirements that must be submitted to Gateway and city council.
During the financial update staff said total balances across the TIF funds were approximately $1,120,000, with about $113,000 in revenue recorded so far for the reporting…
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