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Burns Harbor council approves 2025 TIF management report, authorizes state submission
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Summary
The Burns Harbor Town Council voted to approve the redevelopment commission's 2025 tax increment financing (TIF) management report and authorized the clerk-treasurer or Baker Tilly to submit the report to the Indiana Department of Local Government Finance via the Gateway system.
The Burns Harbor Town Council voted to approve the redevelopment commission's 2025 tax increment financing management report and authorized either the clerk-treasurer or consultant Baker Tilly to submit the document to the Indiana Department of Local Government Finance (DLGF) through the Gateway system.
The report, the presenter said, was prepared by accounting firm Baker Tilly and identifies the Burns Harbor TIF allocation area and the Burns Harbor expansion allocation area. The presenter also listed the redevelopment commission's membership for calendar year 2025 as Roseanne Bozak (president), Brad Edselin (vice president), Jennifer McHarg (secretary), Jack McGraw (member), Kylene Tumblin (member) and Jocelyn Hitchman (nonvoting school board member).
"This report was prepared by Baker Tilly and will be submitted to DLGF, the Indiana Department of Local Government Finance, through the Gateway System," the presenter said. The presenter reported redevelopment commission expenditures for calendar year 2025 of $496,836.57 and stated there were no grants or loans and no TIF distributions to other units.
The presenter reported the balance for the redevelopment TIF allocation fund (fund number 4445) as $1,839,256.85 and the redevelopment operations fund (fund number 2545) as $913,039.34. A parcel list documenting parcels included in the TIF allocation area was attached to the report, the presenter said.
After the presentation, the council's presiding officer asked for a motion to approve the report and authorize submission. A motion was made and seconded on the record; the council then conducted a roll-call vote. The transcript records affirmative "Yes" responses from council members called for the vote; no negative votes were recorded in the transcript.
With the motion approved and no further business, the council moved and seconded to adjourn the special meeting.
What happens next: The council authorized submission of the TIF management report to the Indiana Department of Local Government Finance via the Gateway portal; any follow-up or state review will proceed through the DLGF process.
