Here are facts obtained recently from the DeKalb Park District about its agreements with the City of DeKalb:
Once upon a time, the Park District would submit requests to the City for reimbursements of Tax Increment Financing (TIF)-eligible expenses incurred on a project-by-project basis. The projects had to occur within TIF districts and there was no guarantee of reimbursement.
In 2003, an intergovernmental agreement (IGA) was signed by the City and DPD that allowed for up to $150,000 in annual reimbursements out of the TIF fund for capital projects in the parks system. Once again, the expenses had to occur within TIF district boundaries, but at least DPD could budget for them with confidence.