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Muncie redevelopment commissioners approve up to $50,000 in TIF funds for new downtown Christmas tree
Summary
The Muncie Redevelopment Commission voted 4–1 on Dec. 18 to cap a downtown TIF contribution of up to $50,000 to buy a commercial Christmas tree, after commissioners discussed vendor discounts, expected lifespan and competing budget priorities.
The Muncie Redevelopment Commission voted 4–1 on Dec. 18 to allot up to $50,000 from the downtown tax-increment financing (TIF) fund to purchase a commercial Christmas tree for downtown.
Commission discussion focused on cost, timing and public benefit. Commissioner Miss Wagner told colleagues a commercial “panel” tree runs “40 to $50,000” and that vendors…
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