Thursday, February 27, 2014

Daily Journal Reports School and Library Seek TIF Money in Greenwood

From the Johnson County Daily Journal:

Another school district and a library plan to follow the example of Clark-Pleasant schools and ask to use set-aside property taxes for construction projects they can’t afford.

The Greenwood City Council this week approved doubling the size of a tax-increment financing district and advising the city redevelopment commission to consider funding school and library building projects when spending tax dollars set aside for economic development.

Cheryl Dobbs, director of the Greenwood Public Library, and Kent DeKoninck, superintendent of Greenwood Community School Corp., both said they plan to ask for some of the money collected in tax-increment financing, or TIF, districts for projects, such as water pipe replacement and tearing out and repairing a parking lot.