Proposal targets TIF fund oversight

Redevelopment commissions throughout the state control millions in tax dollars, and state lawmakers want more people to have a say in how that money is being spent.

Members of redevelopment commissions are appointed, not elected, and oversee the spending of tax dollars without needing approval from mayors, county commissioners, or county, city or town councils. Once again, state lawmakers are trying to tweak state law so elected officials, and the voters who put them in office, have more of a say in how that tax money is being spent.

The proposal by Sen. Pete Miller, R-Avon, would require redevelopment commissions to submit quarterly reports to the city council, give information to the council before buying, selling or transferring property, get council approval before borrowing money and reinforce requirements to follow open meeting rules and answer public records requests. The proposed changes aren’t new. Sen. Luke Kenley, R-Noblesville, has made similar proposals in recent years that weren’t approved.

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