Editorial: New tougher oversight of TIF funds good move



A law that went into effect July 1 requires cities to consider giving back some tax money collected for economic development if they’re not using at least half of it every year. In addition, it shifts the final decision to elected rather than appointed officials.

In our case, those elected officials will be members of Seymour City Council.

This is a positive step toward reining in some of the excesses that have been shown in a few communities around Indiana.

 

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