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Burns Harbor RDC approves TIF determination and approves TIF management report with corrections
Summary
The commission approved a statutory TIF determination letter finding no excess value for tax allocation areas for pay 2026 and approved the TIF management report after corrections; one commissioner recorded an abstention on the management report vote.
The Burns Harbor Redevelopment Commission approved a formal TIF determination letter and accepted the TIF management report after noted corrections.
President Bozak read a letter into the record "in accordance with IC 36-7-14-39(b)(3)," stating the RDC had determined there is no excess value to allocate to overlapping taxing units for the 2025 tax year (payable 2026) and that all tax increment…
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