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Daviess County redevelopment commission backs using GPC TIF funds to help cover budget shortfall
Summary
The Daviess County Redevelopment Commission voted unanimously to recommend that funds from the GPC tax-increment financing district be considered to help cover a projected county budget gap tied to changes in property-tax calculations under "SB 1."
The Daviess County Redevelopment Commission voted unanimously to recommend that funds from the GPC tax-increment financing district be considered to help cover a projected county budget gap tied to changes in property-tax calculations under "SB 1." Nathan Gabbard, Redevelopment Commission member, said the special meeting was called so commissioners could "brainstorm some ideas" about how TIF expenditures that "have to be a direct or indirect benefit to GPC" might be applied to county services.
Gabbard said the commission and county staff identified services that could be eligible and "we feel that we have some funds available to offset that gap for the…
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