Normal’s Other Four TIFs

By: Diane Benjamin 1) TIF report for 1 Normal Plaza: https://files.illinoiscomptroller.gov/LocGovTIF/FY2022/06409531/22TIF06409531One_Normal_Place_1.pdf All of the revenue generated is going to reimburse the General Fund for demolition costs. Last year that amounts to $48,087. The TIF is doing little to cover the $3,588,982 Normal spent so far. This TIF began in 2009. As of 4/30/2022 it has […]