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Tiff Over TIF

Terre Haute City Hall
Terre Haute City Hall

The tiff over TIF funds continues.

Moneys from the Tax Increment Finance district were moved to city accounts earlier this week.

The mayor said he and the city were following new state law passed by the state legislature this past session that required the city government to oversee the money.

Redevelopment Director Cliff Lambert doesn’t like the fact that the money was put into city accounts.

The mayor says that everything that is being done is legal according to the new law that takes affect July 1st.    Lambert told WTWO TV that his commission is investigating and looking forward to the results.