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Commission reviews annual report, cites large incremental assessed value tied to Honda
Summary
Commissioners were briefed on the commission’s annual report to the Department of Local Government Finance, which lists a base assessed value and an incremental assessed value attributed to Honda; staff noted the report must be filed by April 15 and that in-person presentation to county council is required by law.
At its meeting the Decatur County Redevelopment Commission reviewed its annual report that must be filed with the Department of Local Government Finance and discussed assessed-value figures attributed to a recent investment by Honda.
A staff member said the report will be submitted through the state gateway by April 15. The speaker summarized assessed-value figures saying the base assessed value before Honda was $43,699 and that the incremental assessed value attributed to Honda was 247,940,000.
The staff member also told commissioners that state law requires making the presentation in person to county council. Commissioners discussed the report and asked questions about a note regarding the RDC that had been added to the final page of the report.
Separately, commissioners reviewed upcoming procedural steps: an annual meeting with overlapping taxing districts and a pending fifth amendment that will go to the county commissioners; if the commissioners approve, the RDC will hold a public hearing to consider requests from St. Mary’s and the county school system.
No formal action on the annual report was recorded in the transcript; staff said Christy/Christie would enter the required filings into the state gateway.
