Redevelopment Commission approves $100,000 TIF contribution for Daniel Community School Chromebooks
The Redevelopment Commission voted by voice to approve a $100,000 transfer from TIF funds toward Chromebooks for Daniel Community School Corporation, with legal counsel advising the commission that TIF transfers for workforce-training purposes are limited to 15% of annual TIF revenue and a resolution documenting statutory findings should be prepared.
The full story
The Redevelopment Commission approved a $100,000 transfer from tax-increment finance (TIF) funds to Daniel Community School Corporation to subsidize Chromebooks, the commission said at its July 8 meeting.
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