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Reed Financial Group tells Kosciusko RDC TIFs yield far more RDC revenue than overlapping units, presenter says
Summary
Matt Frishee of Reed Financial Group presented the RDC's final 2025 TIF impact report, quantifying roughly $138 million in incremental assessed value and saying that keeping it in TIF districts yields substantially more RDC revenue than would flow to overlapping taxing units if released to the base.
Matt Frishee of Reed Financial Group presented the Kosciusko County Redevelopment Commission (RDC) with a final 2025 TIF impacts report, saying the county's TIF allocation areas hold about $138 million in incremental assessed value and that keeping that value in TIF districts generates substantially more revenue for RDC projects than would be realized by overlapping taxing units if the value were released to the base.
Frishee quantified the comparison in two ways. He said releasing the incremental assessed value to the base would yield about $240,015 in additional revenue to overlapping taxing units (mostly through reduced circuit-breaker losses), while the RDC's collections from those allocation…
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