Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Tif Budgets topic

No spam. Unsubscribe anytime.

Brownsburg RDC recommends 2026 TIF budgets, adopts annual spending plan for DLGF

5707066 · September 2, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

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 traffic signal at Northfield Drive and County Road 625 East.

Other TIF areas with planned expenditures in the packet were Arbuckle Commons, Town Center, Wind Farms and Arbuckle 2; those funds were shown in the materials as used to meet bond obligations and existing economic development agreements rather than new project spending.

Commission members also discussed a redevelopment grant line that appeared in the 2025 budget ($100,000) but was not included in the proposed 2026 budget. Mr. Pierce said the grant line was removed for 2026 because the town is not yet prepared to launch the program and the distribution process would likely require involvement from another board.

"The intention of the redevelopment grant was always to be focused along Main Street," Pierce said, adding that infrastructure and utility work over recent years limited the town’s ability to implement that program.

Shane Hacker, a commission member who spoke on behalf of the local school corporation, said the district faces roughly $3,000,000 in potential cuts tied to changes from Senate Bill 1 and is exploring all revenue avenues, including whether some TIF-eligible expenditures that are already in place could be reimbursed. "The school corporation is looking to, have to cut maybe about $3,000,000 in expenses this upcoming year based on the changes from Senate Bill 1," Hacker said.

Commissioners voted by voice to send a positive recommendation on the 2026 TIF budgets to the Town Council. Town staff said the Town Council will begin its budget process at its Sept. 11 meeting; the council’s budget process includes three readings and a public hearing and could conclude with final approval at the council’s Oct. 9 meeting, depending on how the readings proceed.

The commission also adopted the RDC annual spending plan for calendar year 2026 — a condensed summary of the TIF budgets required for DLGF — and agreed staff will submit the plan once the council approves the final 2026 budget. Staff noted the DLGF gateway portal requires submission by Dec. 1 and that the spending plan can be updated if the TIF numbers change before upload.

Votes at a glance: The transcript records the following formal actions at the Sept. 2 meeting — individual roll-call vote records were not recorded; the commission used voice votes.

• Motion to send a positive recommendation to the Town Council regarding approval of the 2026 TIF budgets — mover: Shane Hacker; second: Ted Rourke; outcome: approved (voice vote; individual roll-call not recorded).

• Motion to adopt the Redevelopment Commission annual spending plan for calendar year 2026 per Indiana Department of Local Government Finance — mover: Victoria Smith; second: Shane Hacker; outcome: approved (voice vote; subject to revision if TIF numbers change before submission to DLGF).

The commission completed routine business including approval of minutes, heard no public comment on the agenda items and adjourned. The Town Council will consider the 2026 budget and related TIF spending in its upcoming meetings starting Sept. 11.