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Zionsville RDC approves year-end additional appropriations to cover bond payments
Summary
The Redevelopment Commission approved additional appropriations to record payments already made on bond obligations, with Director of Finance Cindy Poor saying funds were received through TIF and that a timing/calculation error left budgets without the appropriate line items.
The Zionsville Redevelopment Commission voted Dec. 16 to approve additional appropriations to account for year-end bond payments that were already made.
Deputy Mayor introduced the item as an end-of-year housekeeping appropriation related to bond timing. Cindy Poor, Director of Finance and Records, told the Commission that the payments in question had already been…
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