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Redevelopment commission acknowledges TIF management report and fiscal plan
Summary
The Burns Harbor Redevelopment Commission acknowledged receipt of the TIF management report and the fiscal plan for the year ending Dec. 31, 2025 and agreed to record both documents in the minutes and forward them to the town council; staff summarized revenues, expenditures and fund balances and said there were no loans, grants or TIF distributions in 2025.
The Burns Harbor Redevelopment Commission acknowledged receipt of the TIF management report and the fiscal plan for the fiscal year ending Dec. 31, 2025 and agreed to include both documents in the meeting minutes and forward them to the town council. Tina presented the TIF management report and Gina reviewed the fiscal plan on the record.
Tina said the managed TIF districts are the Burns Harbor TIF district and the Burns Harbor expansion…
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