Langfelder said the city will "push" lobby the state legislature to renew the Enos Park TIF District without those taxing bodies' approval. "I just think it's a matter of oversight to see what those funds are going on." "Once we give our blessing to a TIF, there's no control whatsoever over how any of those funds are spent," said Gregg Humphrey, executive director of the sanitary district. More: After just one year, Illinois State Fair severs ties with Arkansas-based carnival Of the 10 organizations that provided tax dollars to the Enos Park TIF District, both Capital Township and the Sangamon County Water Reclamation District have yet to file letters of approval on the TIF district's renewal.
It's customary for all appropriate taxing bodies to provide letters of support for a TIF district prior to the state renewing it. They're using our own taxpayers against us," Langfelder said. "Hopefully they do come to their senses and provide their letter of support. Springfield Mayor Jim Langfelder has said the city could use leftover money from the Enos Park TIF District and the Central Area (downtown) TIF District, which has been renewed twice and doesn't expire until December 2028, to partially pay for the YMCA. Read more: Springfield Police Department still reeling from effects of 2020 hiring freezeĪiello said Capital Township's case for oversight into the TIF district is primarily based on millions of redevelopment dollars going to YMCA, a nonprofit which doesn't directly contribute to the property tax base and therefore shouldn't be partially funded with money from the TIF district, according to his interpretation of TIF-related legislation.
"The majority of the money being spent in the Enos Park TIF and the downtown TIF are going into properties that don't build increment, do not build equalized assessed value,” Aiello said, referencing millions that has been spent on the new YMCA, 601 N. Sangamon County Treasurer Joe Aiello, who doubles as Capital Township's supervisor, said the township is willing to sign off on the renewal of the Enos Park TIF District, which expired in December, if the TIF district's taxing bodies and community development leaders were represented on a citywide oversight board that signs off on local redevelopment projects. Editor's note: This article has been updated to correct the Enos Park tax increment financing district's annual rate of growth of 0.6% over 23 years.Ĭapital Township is continuing to hold back its approval of a downtown tax increment finance district in hopes it can have oversight into how the city spends its redevelopment tax dollars.
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