Batesville Herald Tribune, Batesville, Indiana

Local News

March 22, 2013

BCSC trustees learn about TIF

BATESVILLE — The expansion of Batesville’s proposed Tax Increment Financing district by 398 acres north, south and east of the existing 57-acre area and how it will affect the Batesville Community School Corp. were discussed March 18.

“TIF is a relatively new tool for the city of Batesville,” Mayor Rick Fledderman told BCSC trustees. “We put two TIFs in place in the last four or five years and have received revenue of about $22,000.

“We had a tax impact statement done .... (and) it revealed there would be no impact on the taxing units. It will benefit the schools if we create jobs because jobs create more enrollment for the schools and increased tax revenues. The tax dollars you’re getting will stay, but taxes from any future developments will be captured by the TIF.

“If the assessed value goes up, you will benefit from that .... We’re using this as a tool to attract businesses, and our goal it to make Batesville a better community. Our hope is to (use the revenue collected) to make improvements, not only with infrastructure, but aesthetically. (The monies) can be used to help the police and fire departments, and if there is something the school wants that would be serving the greater good of the community, we can possibly help you, too.”

The mayor noted, “I have been in conversation with superintendent (Dr. Jim) Roberts” about the process.

Roberts pointed out, “When TIF was proposed years ago, we were very concerned about our General Fund. At one point, 50 percent of it came from property taxes.” With funding changes in the state Legislature, that’s no longer the case. However, “it would still affect the Capital Projects Fund, as we move forward with technology and other projects.”

Jim Dreyer urged board members to think hard about what a TIF district would mean to the school system. “I don’t want anything to take away from our education system.” He spoke against having one in what he called “the already developed areas” of the city, where he believes it is not necessary to support development or redevelopment.

“I am in favor of economic development in Batesville ... At the industrial park, it makes sense because it (the revenue) is going to an area that needs developed .... The other areas already have the infrastructure in place. If there’s improvements that need to be made, the city should pay for it.”

“I don’t think the public really knows or understands what the consequences of a TIF district are .... I have no ax to grind against the whole project. I just don’t want to see the schools lose money in an area that’s pretty well developed.”

Board President Chris Lowery commented, “I would argue that if I’m a business, and I need infrastructure,” getting revenue from a TIF district would be a plus.

Fledderman added, “We have no intention of hurting the schools. We’re not taking anything away from them. We need it for economic development. We’re trying to find another tool to do some things to improve our community.”

Lowery added, “Anyone who’s talking on this topic is in support of the schools .... We’re fortunate in this community to have some good partnerships. It’s all interconnected. No school system is going to thrive without a good community or businesses.”

Text Only
Local News
  • Apartments tax abatement approved After gaining a recommendation from the Batesville Economic Development Commission, developer Bruce Rippe was at the Batesville City Council meeting July 14 to request a 10-year real property tax abatement for Depot Square, which will be 45 one- and

    July 22, 2014

  • Readers' input will guide newspaper staff “What newspapers do you read? What Web sites do you visit? Where do you shop? How do you use our newspaper and our Web site?” wonders Laura Welborn, publisher of The Herald-Tribune, Batesville; Daily News, Greensburg; and Rushville Republican.Answers

    July 22, 2014

  • nws - bv072214 - BPRB Batesville Parks and Recreation Board brainstorms new funding Batesville Parks and Recreation Board members brainstormed different ways to offset budget cuts and increasing demands across several projects at the July 16 meeting.Funding first came up in the meeting as Eric Frey, Administrative Resources associat

    July 22, 2014 1 Photo

  • nws - bv072214 - RCCF impact grant $25,000 community impact grant awarded From a pool off 11 applicants, the Ripley County Safe Schools Commission Safe School Readiness project was chosen to receive the $25,000 Ripley County Community Foundation Community Impact Grant. It will provide each public school district in Ripley

    July 22, 2014 1 Photo

  • lowery, snyder gesture.jpg Local 'servant-leader' is new Ivy Tech chancellor

    COLUMBUS – Batesville resident Chris Lowery has been selected to serve as Ivy Tech Community College Columbus/Southeast chancellor.

     

    July 18, 2014 2 Photos

  • nws - bv071814 - Williams, John Williams will serve as interim superintendent ST. LEON – Sunman-Dearborn Community School Corp. trustees will soon begin the process of looking for a new superintendent since Dr. Jeff Hendrix resigned at the end of June to take another position.On July 10, President Jeff Lyness reported, “We’ll

    July 18, 2014 1 Photo

  • nws - bv071814 - BCC boofest Boo Fest will creep here

    As volunteer directors Mary Ellen Rippe and Bill Flannery prepare for Fear Factory’s fourth season, they have “identified some tremendous assets in our community and formed an idea that, if we all work together, we can exploit the opportunity for all

    July 18, 2014 1 Photo

  • nws - bv071814 - Fields, Tricia Author offers advice about writing BROOKVILLE – About a dozen persons participated in a writing workshop at the Brookville Library July 1. The three-hour seminar was led by Tricia Fields, author of “The Territory,” “Scratchgravel Road” and “Wrecked.” She began by saying, “Each one of

    July 18, 2014 1 Photo

  • nws - bv071814 - 4-H logo A lot of bull(s) A daring grandstand event will debut at the Ripley County 4-H Fair, which takes place July 20-26 at the Osgood fairgrounds. “We’re doing a rodeo” Wednesday at 7 p.m., presented by Fox Hollow Rodeo, Waynesville, Ohio, announces Katie Johnson, Purdue U

    July 18, 2014 1 Photo

  • Military to restore equipment program for fire departments INDIANAPOLIS – An agreement has been reached to keep surplus military equipment rolling into rural fire department bays.The Department of Defense announced July 9 that it’s resuming a popular program that provided rolling stock, engines and other equ

    July 18, 2014

Featured Ads
AP Video
Judge Ponders Overturning Colo. Gay Marriage Ban Airlines Halt Travel to Israel Amid Violence NYPD Chief Calls for 'use of Force' Retraining VA Nominee McDonald Goes Before Congress Bush: Don't Worry, Sugarland Isn't Breaking Up US Official: Most Migrant Children to Be Removed Police Probing Brooklyn Bridge Flag Switch CDC Head Concerned About a Post-antibiotic Era Raw: First Lady Says `Drink Up' More Water Courts Conflicted Over Healthcare Law Holder Urges Bipartisanship on Immigration Raw: Truck, Train Crash Leads to Fireball US Airlines Cancel Israel Flights Obama Signs Workforce Training Law Crash Victims' Remains Reach Ukraine-held City Diplomatic Push Intensifies to End War in Gaza Cat Fans Lap Up Feline Film Festival Michigan Plant's Goal: Flower and Die Veteran Creates Job During High Unemployment
Photo Gallery


Seasonal Content
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Facebook