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Dupage Policy Journal

Sunday, May 19, 2024

Lombard Development Committee discusses TIF money plans at meeting

Lombard

Contributed photo

Contributed photo

The Village of Lombard’s Economic and Community Development Committee discussed how to use tax-increment financing (TIF) funds during its first meeting of 2016 on Monday.

The agenda included a review of goals, plans and priorities for 2016 Downtown TIF funds.

 

The committee also discussed a report containing economic-indicator data for the village, including its economic standing against previous years and compared with other villages in DuPage County and in Illinois.

 

The committee also will hear a status report on the Lombard Town Centre downtown development project.