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Staff to correct TIF accounting errors after missed distributions to fire district and other entities
Summary
County staff reported two TIF accounting irregularities: Beacon Hill (2013) where Fire Protection District No. 9 did not receive $4,245 it should have, and a separate 2002 TIF where county and library district payments for 2024–2026 totaling about $156,651 were not forwarded to the TIF fund; staff said treasury and legal will correct the distributions.
County staff informed commissioners of two Tax Increment Financing (TIF/TIFF) accounting irregularities and outlined steps to correct them.
On the Beacon Hill TIF (created 2013), staff said the county and the city had agreed to participate at a 75% tax allocation level while Fire Protection District No. 9 had agreed to participate only on a case‑by‑case basis. County staff told the board that because the treasurer’s office was not notified of the district’s nonparticipation, the treasurer treated the district as a participant and withheld $4,245 that should have been distributed to the fire district; legal counsel and the treasurer’s office will allocate the $4,245 to the district prior to the next developer reimbursement distribution.
Staff also described a second TIF (created 2002, base year 2003) where county and library district contributions for 2024–2026 were not forwarded into the TIF fund. Christa Rice and treasury staff identified $156,651.21 that should be transferred from the county’s 2026 tax allocation into the TIF fund; an additional $31,198.68 would be included if the library district confirms its share. Budget staff said the dollars were previously held in county accounts and that moving them will be treated as an internal reallocation rather than newly created revenue. County staff said they will work with the treasurer and the library district to implement the transfers and improve staffing coordination to prevent future failures to notify the treasurer’s office.
Commissioners thanked staff for identifying and proposing corrective steps and asked for confirmation when the transfers are completed and for a follow‑up on whether other TIFs have similar issues.
