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Board approves $288,668.38 in payables and OKs TIF surplus distribution
Summary
Trustees unanimously approved January payables of $288,668.38 and adopted an ordinance declaring $308,176.46 surplus in the South Jacksonville TIF special tax allocation fund for pro‑rata distribution to affected taxing districts.
The Village of South Jacksonville Board voted unanimously to approve January payables totaling $288,668.38 and adopted an ordinance to declare surplus TIF revenue in the South Jacksonville TIF Special Tax Allocation fund.
President Samples presented the payables and asked for a motion; Trustee Christina Butler moved and Trustee Michael Preston seconded the motion, which passed by roll call. Later in the meeting trustees approved an ordinance to transfer $308,176.46 from the TIF special tax allocation fund to the Morgan County Treasurer for distribution to affected taxing districts on a pro‑rata basis. Trustee Steve Retzer made the motion to adopt the ordinance, Trustee Paula Belobrajdic‑Stewart seconded, and the ordinance passed unanimously.
Both votes were recorded by roll call in the meeting minutes. The actions move funds and authorize payment consistent with stated procedures in the minutes.
