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Council acknowledges Brownsburg RDC 2025 year‑end report
Summary
Ethan Pierce presented the Brownsburg Redevelopment Commission’s 2025 year‑end report (TIF revenues, expenditures, outstanding bond obligations) and asked the council to acknowledge receipt; council members individually acknowledged the report on the record.
Ethan Pierce presented the Brownsburg Redevelopment Commission (RDC) 2025 year‑end report pursuant to Indiana Code 36‑7‑14‑13, explaining the report summarizes revenues, expenses, fund balances and outstanding bond obligations paid with TIF revenues. He said the report was prepared by the town’s financial advisor, Bob Swints of LWG, and reviewed by the town’s budget analyst; Pierce asked the council to acknowledge receipt and meet the statutory requirement to include the report on the council agenda.
Council members individually acknowledged receipt on the record and there were no further questions or requested actions. The acknowledgement satisfies the statutory distribution and filing requirement; no motion beyond the verbal acknowledgments was required.
