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Brownsburg RDC recommends 2026 TIF budgets, adopts annual spending plan for DLGF
Summary
The Brownsburg Redevelopment Commission voted to send a positive recommendation to the Town Council on proposed 2026 tax-increment financing (TIF) budgets and adopted its required annual spending plan for submission to the Indiana Department of Local Government Finance.
The Brownsburg Redevelopment Commission voted Sept. 2 to send a positive recommendation to the Town Council on proposed 2026 tax-increment financing budgets and adopted its annual spending plan for submission to the Indiana Department of Local Government Finance (DLGF).
Town staff presented the proposed 2026 budgets for the commission’s five active TIF areas and a condensed spending plan for the DLGF. "Ultimately, the council has the final say in what ends up in the TIF budgets. But the RDC plays an important role, with the TIF areas, and how the funds generated in those areas are used," Mr. Pierce said while outlining the proposal.
The presentation showed the North Beltway TIF — described in the packet as the Economic Redevelopment Fund — would carry the largest expenses in 2026. The draft budget includes about $2,700,000 to meet the town’s bond principal and interest obligations and about $1,900,000 for capital-project-related expenses such as repairs, pedestrian improvements and funding for a…
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