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Maywood trustees approve transfers, including corporate funds and TIFs, to cover IKE 911 dispatch center share
Summary
Maywood trustees voted to cover a $761,656.52 shortfall for the Eisenhower (IKE) 911 Dispatch Center by transferring $456,018.72 from corporate funds, $287,347.95 from the Madison/5th Avenue TIF and $18,290.15 from the Roosevelt TIF; Mayor Edwenna Perkins voted no on the transfers.
Trustees for the Village of Maywood on May 7 approved a package of transfers to cover the Village's share of the Eisenhower (IKE) 911 Dispatch Center after Finance Director Lanya Satchell reported a $761,656.52 funding gap.
Satchell recommended funding the difference with $287,347.95 from the Madison/5th Avenue tax increment financing (TIF) district, $18,290.15 from the Roosevelt Road TIF and $456,018.72 from corporate…
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