Morris mulls pros, cons of state's give and take offer
Transfer of $1.3 million would net additional $1.7 million for TIF fund
The Morris City Council's Finance and Administration Committee this week discussed whether to participate in the state's matching program for sales tax dollars in its TIF district.
The committee met Thursday evening and will meet again at 6:30 p.m. Monday, prior to the full council meeting to make a recommendation to the council, said Mayor Richard Kopczick Friday.
In previous years, the city has usually participated in the matching program. Last year, it contributed about $359,000, and the state contributed about $559,000 to the TIF fund, which resulted in more than $900,000 going to the TIF fund.
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