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Finance staff flags state change to excess-assessment rules, schedules May review; TIFF management report submitted
Greenwood Redevelopment Commission · April 14, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
Finance staff reported a 2026 state legislative change that tweaks the annual determination of excess assessed value and preserves a June 15 deadline while adding a pass‑through consequence for missing the date; staff will prepare materials for the May meeting. The TIFF management report will be submitted to Gateway tomorrow.
Adam (finance staff) presented the monthly financial report and highlighted a recent change enacted during the 2026 state legislative session that adjusts the annual determination of excess assessed value. Adam said the June 15 deadline…
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