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Commission approves disbursement of $400,000 TIF school assistance under Resolution 2022 R-10
Summary
The commission approved staff's recommendation to distribute the $400,000 school assistance pool per Resolution 2022 R-10 and an extension resolution; allocations are based on verified student addresses and attendance counts submitted by eligible schools.
Staff asked the commission to approve distribution of school assistance funds allocated under Resolution 2022 R-10, a $400,000 pool of TIF funds to be divided among four eligible schools based on verified student addresses and enrollment counts. Staff explained that schools submit address lists showing Clarksville-resident students, the lists are verified, and that the clerk treasurer's office will issue the checks per the resolution's allocation spreadsheet.
Commissioners asked how schools use the funds and whether reporting is required; staff said uses have ranged from technology to dual-credit courses and that the program has no restrictions this year so schools directed funds to locally determined needs. The commission approved the disbursement by voice vote.
