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Village manager reviews TIF contributions and DDA district expenses
Summary
Village Manager J. Madore reviewed expenses associated with maintaining the DDA district and described village TIF contributions during the Feb. 17 joint meeting; the transcript does not list dollar amounts or a detailed funding breakdown.
At the Feb. 17 joint meeting, Village Manager J. Madore reported on expenses tied to maintaining the Downtown Development Authority district and discussed how Tax Increment Financing (TIF) contributions from the village support those expenses. The transcript records that "Village Manager J. Madore went over expenses with the DDA Board and Village Council," but it does not provide specific dollar figures or a funding breakdown.
Madore's summary framed the financial discussion as part of the workshop process for the upcoming DDA budget. No budget vote or funding commitment was recorded at the meeting; council members and DDA representatives discussed the topic informally during the workshop-format agenda item. The record therefore shows direction for future budget work but contains no formal appropriation or line-item detail.
