Summary
DCD's proposed borrowing authority for tax increment districts jumps from $25 million to $100 million, reflecting the city's growing use of TID amendments for infrastructure and safe streets projects. It doesn't touch the tax levy.
At a glance
- Total mentions
- 2
- Last 30 days
- 1
Discussed at 2 meetings in the last 60 days; most recently Oct 6, 2026.
Impact analysis
A $75 million increase in borrowing authority, but funded by TID increment rather than the property tax levy.
Neighborhoods receiving TID-funded infrastructure, street safety, and commercial corridor investments.
Mentions & discussions (2)
FINANCE & PERSONNEL COMMITTEE — October 6, 2026
DCD's proposed borrowing authority for tax increment districts jumps from $25 million to $100 million, reflecting the city's growing use of TID amendments for infrastructure and safe streets projects. It doesn't touch the tax levy.
FINANCE & PERSONNEL COMMITTEE — September 16, 2026
The committee recommended raising 2026 tax incremental borrowing authority from $25 million to $65 million for street paving and safety projects near tax incremental districts. It doesn't touch the tax levy, but Ald. Moore raised a fairness question: does living near a TID move your street up the repair list?
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