Normal’s Other Four TIFs

By: Diane Benjamin 1) TIF report for 1 Normal Plaza: 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 […]

Normal’s other 3 TIF’s

By:  Diane Benjamin Normal has a total of 5 TIF districts. See One Normal Place recap here: See Uptown recap here: Main/I55 TIF report:    19TIF06409531Main_I-55_1 This TIF originated in 2008.  Last year it generated it’s first property tax increment – $10,190. PDF page 8 shows unpaid project costs of  $8,550,000.  The TIF […]

What Normal is paying tonight:

By:  Diane Benjamin   Where radicals go to meet twice a year, the cost of conferences isn’t included: Special clothing required? What got appraised and for what purpose? Below are payments made to developers for one of Normal’s 5 TIF districts.  The available information is a year old, we won’t have current info for many […]