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Redevelopment commission approves 2027 spending plan; discusses potential recurring support for schools
Summary
The commission approved its 2027 spending plan (statutory filing), added a $25,000 parks line, and discussed setting aside a portion of TIF for school-related workforce and STEM programs (staff said an amendment/resolution could authorize up to 15% per statute). School representatives pledged to return with proposed uses.
The Town of Sellersburg Redevelopment Commission approved its 2027 spending plan — a statutory spending plan that sets maximum anticipated amounts by category rather than an allocation of cash — and discussed adding a recurring allocation for school partnerships.
Nick Lawrence reviewed the proposed spending plan and noted it includes debt payments, capital projects (including campground sewer and US-31 sound-barrier considerations), and a new $25,000 line for park improvements. Commissioners debated whether to include a standing school partnership allocation; one commissioner said statute allows up to 15% of annual revenues for eligible school workforce and educational programs, while staff noted an amendment to the economic development plan and a resolution would likely be necessary to formalize a recurring contribution.
A school representative pledged to return with specific proposals, saying, "before you guys even release funds to the school corporation, we come to you with what we our intent for that year would be to spend it on." Commissioners agreed to explore a resolution or amendment in coordination with legal counsel and the council; the spending plan itself was approved as presented.
