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After public objections, Tipp City board approves TIF revenue‑sharing resolution
Summary
Following public comment and extended debate about potential revenue loss under a Tipp City tax‑increment financing (TIF) plan and pending state legislation (House Bill 96), the board voted to approve a TIF revenue‑sharing resolution; members debated timing and fiscal implications.
The Tipp City Exempted Village School District Board voted to approve a resolution related to a Tipp City TIF ordinance and revenue‑sharing agreement after extended discussion and a public comment opposing the measure.
Resident Cathy Bone spoke during public comment and urged the board to reject the agreement, saying the TIF would divert revenue away from schools. “The TIF agreement will result in loss of 100% of the revenue from property…
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