30 results for “tax increment financing”
30 results for “tax increment financing”
The 2026 Adopted Budget for the City of Evanston, effective January 1, 2026, is a comprehensive 420-page document outlining all revenue sources, expenditures, and fund structures. The document includes updates to revenue and expenditure schedules, fund balance projections with explanations of significant changes, and corrected pension funding policy language. The budget encompasses multiple funds including the General Fund, Parks and Recreation, various Tax Increment Financing (TIF) districts, utility funds (Water, Sewer, Solid Waste), and special purpose funds such as the American Rescue Plan Act Fund and Reparations Fund.
AI summary
The Evanston Joint Review Board met on December 11, 2025, to conduct its statutorily required annual review of Tax Increment Financing (TIF) district reports for fiscal year 2024. The agenda included approval of 2024 meeting minutes, review of annual reports for five active TIF districts (Howard Ridge, West Evanston, Dempster Dodge, Chicago Main, and Five Fifths), and board discussion. The meeting was held virtually via Google Meet and involved representatives from the City of Evanston, Oakton College, Evanston Township High School District 202, Evanston School District 65, and the Evanston Public Library.
AI summary
The Louisville Metro Council meeting of November 30, 2023 included consideration of Ordinance O-276-23, which would establish the One Park Development Area under Kentucky tax increment financing statutes (KRS 65.7041-65.7083). The ordinance designates the Metro Development Authority, Inc. as the agency responsible for implementing a development plan, authorizes the Metro to enter into a local participation agreement, and permits payment of a "released amount" under the agreement's terms, with action required by May 2024. The meeting was held virtually and was chaired by Council President Markus Winkler.
AI summary