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Commission approves Baker Tilly invoice and accepts annual TIF‑capture recommendation
Summary
The Redevelopment Commission approved a Baker Tilly fiscal‑advisor invoice of $270,907 and voted to accept a letter recommending the commission retain TIF allocation revenues rather than returning excess to underlying taxing units; staff noted TIF reporting deadlines and Baker Tilly’s role in Gateway uploads.
The commission approved routine administrative items including the March 23 meeting minutes, a monthly CED invoice and a Baker Tilly invoice presented as fiscal‑advisor work. Staff described Baker Tilly’s role preparing Gateway uploads and ensuring the commission meets statutory reporting deadlines; the Baker Tilly invoice was recorded as $270,907 and was approved by motion and voice vote.
On a separate but related financial item, staff explained the annual June analysis of allocation‑area receipts that determines whether the commission has collected funds in excess of current needs. If excess exists, statute contemplates returning funds to the underlying taxing units; staff said local allocation areas are not currently collecting at that level and recommended that the commission capture the remainder to support redevelopment projects. Commissioners moved to accept a letter recommending capture of the remainder and forwarding that recommendation to city council; the motion passed by voice vote.
Staff reiterated the statutory requirement that the commission have a fiscal advisor and said Baker Tilly fulfills that role by assisting with reporting and Gateway submissions. Commissioners discussed timing of Gateway uploads and the annual deadlines (references were made to April 15 and June 15 reporting obligations). No budget adoption or new appropriations were taken at the meeting.
