The ask-and-receive policy for TIF payments in Collinsville is alive and well. The latest application is for the taxpayers to pay 40 percent of the unpaid balance of an insurance claim for storm damage. The property is a saloon in which taxpayers have already helped pave the parking lot. A total of three saloons have received help from the taxpayers.
If the saloons in Collinsville are hard pressed they should raise their prices on alcohol and not be a burden to the taxpayers. These are tax dollars that our schools and other taxing bodies do not receive. Our City Council rejects any idea of change on how to distribute TIF funds.
From a citizen's perspective, I would propose a discussion of all TIF applications at a strategic meeting of council and have public input. Second, TIF applicants have to be present to explain the need for taxpayer dollars. Thirdy, a notice to be sent to IRS to show payment of funds as a gift or income.
Please, City Council, take some action to stop the insanity.