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Ann Arbor DDA forwards FY 2027 budget to city council as TIF revenue-share shifts
Summary
The Ann Arbor Downtown Development Authority voted to forward its proposed FY 2027 budget to city council on March 25, approving a package that reflects a transition to a 70/30 revenue-share model, park-system projections and new grant revenue; council will consider the DDA plan April 20.
The Ann Arbor Downtown Development Authority voted March 25 to forward its proposed FY 2027 budget to city council, completing a board vote to send the plan into the city’s budget process.
Sarah, the DDA staff member who presented the budget, told the board the proposal reflects an upcoming shift in the DDA’s revenue model under the new development plan. "In 2027, the first year under the new plan ... we'll split the total capture in the 70, 30 proration," she said, calling for 70% retention by the DDA and 30% returned to taxing units.
Why it matters: the change is intended to smooth revenue swings among taxing units and the DDA. Sarah said the DDA retained roughly $9,600,000 in the under-cap portion in 2026, while amounts distributed to taxing units above the cap were…
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