The Case of the Disappearing Dollars

March 24, 2011 at 12:50pm By: Mr. Wilson Posted in The Lincolnite Blog

There are a lot of things most of us take for granted about government. Among them: that the government has any idea where its money is.

As City Council candidate Deena Winter has shown, that’s not always the case. Specifically, Winter wants to know how much leftover TIF exists and what we can do with it. Considering our budget situation that’s a pretty reasonable question to ask, although knowing about extra cash sitting around would be nice even in lush budget times.

What stirred up the question was the City’s plan to use leftover TIF (from Lincoln Mall) for improvements to Centennial Mall. Did you see that? Somebody’s actually going to put some money into Centennial Mall! Huzzah! At this point $100 could double Centennial Mall’s value; what a sad little stretch it is. Here’s hoping it becomes something to be proud of within the next, oh, three decades or so.

Reply to this post

The Comments

Fletch March 24, 2011 at 2:35pm

I agree with Deena on the idea of uncovering these funds lying around. It’s crazy to me that we can just find TIF money laying around from a project that she says occurred in 1996.

What is more crazy, is to just be able to grab money from a project that was done around 9th and P, and just change the scope and dimensions of the TIF area after 15 years or so to use it in a completely different and unrelated spot.

Commenting is not available in this channel entry.

The Blogs

Syndication icon

Toolbox