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Danville commission approves Baker Tilly engagement and hears TIF 101 briefing
Summary
The commission approved renewing an engagement with Baker Tilly for statutory TIF reporting and heard a wide-ranging TIF 101 presentation covering reporting deadlines (TIF management report due April 15, pass-through analysis due June 15), allowed uses, and procedural steps to create or amend TIF areas.
The Danville Redevelopment Commission voted March 13 to continue an engagement with Baker Tilly to assist with tax increment financing (TIF) reporting and related services and heard a detailed TIF 101 presentation from a firm representative.
The chair introduced the item and the commission moved, seconded and approved engaging the vendor for the calendar year to meet statutory reporting obligations. Heidi, who identified herself as with BigIntelligence and as part of the consultant team working with the commission, outlined…
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