REDEVELOPMENT COMMISSION (RDC)

INFORMATION & MEMBERS

The Redevelopment Commission (RDC) was established to promote economic development and revitalization within the Town of Ingalls. The RDC has the authority to develop and implement programs and projects aimed at improving the community, attracting new businesses, and creating jobs. They may use various tools such as tax increment financing, special assessments, and other financing mechanisms to support these efforts. The goal of the RDC is to encourage private investment and improve the overall quality of life for Ingalls' residents.

ANNUAL REPORTS

The Annual Tax Increment Financing (TIF) Report is a document that provides information on the financial performance of a TIF district over a given year. The report is produced by the RDC and details the amount of property tax revenue generated by the TIF district and how it was used, including any expenditures made for eligible TIF-funded projects. The report also provides information on the district's current financial status, including the balance of any TIF funds and the amount of TIF revenue expected in the coming year. The Annual TIF Report is a crucial document for stakeholders, including local governments, property owners, and taxpayers, as it provides transparency and accountability in the use of TIF revenue.

MEETING MINUTES

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