Let’s Do the Math (Again) with the Economic Development Fund

The DeKalb Chamber of Commerce wants a new annual allocation from the city. The DeKalb Chamber of Commerce is requesting $45,000 from the city to create an event coordinator position to take over the events that Re:New DeKalb has run for years…Re:New DeKalb will undergo a fundamental shift later this year, said Frank Roberts, the…

ReNew DeKalb’s Annual Meeting

ReNew DeKalb’s annual meeting is set for Thursday, July 28, beginning at 5 p.m. From the info provided at DeKalb County Online, it is unclear when the actual business meeting starts (and there seems to be nothing about it on ReNew’s own website as of this morning). Perhaps it’s the “community presentation” part? Knowing this…

More Central TIF Expenditure Info

In “Our View: Re:New’s [sic] work is just beginning,” the Daily Chronicle appears to be under the impression that all the downtown work done since 2008 has cost $10.8 million in Tax Increment Financing (TIF) dollars. Is this so? No. We started with land acquisition, architectural improvements, railway wayside horns, a skating rink, a pocket…

Hotel/Motel Revenues & the Economic Development Fund

[table id=16 /] Hotel/motel tax revenues used to go into the General Fund, but as of FY2009 were earmarked for an Economic Development Fund (Fund 46). According to the FY2012 budget, [t]he Economic Development Fund accounts for our agreements with outside agencies that help provide various economic development functions on behalf of the City. These…

De Nile

ReNew DeKalb wants to give more than $1 million in Tax Increment Financing (TIF) money to Preservation of the Egyptian Theatre. Who doesn’t love the Egyptian? I love P.E.T.’s director and its board because they follow the rules, and because they try to provide events for every budget. But we’ve given the Egyptian $592,500 since…

Sidewalk to Nowhere is Off-Limits, People!

Says ReNew DeKalb: Crosswalks on Lincoln [sic] The thermoplastic crosswalks on Lincoln Highway are not performing per the warranty. Unfortunately this is rather unsightly, but they will be replaced by the contractor in the spring at no additional cost to the City of DeKalb. Sidewalk De-icing Salt Business and building owners are strongly encouraged to…

Biernacki: “Widespread Community Support” for Skating Rink

Northern Star‘s article on the impending demise of DeKalb’s synthetic skating rink: Because The Skate School was not at fault for the decline in patronage, Biernacki said he is sure the council will relieve the contract. “We pursued [the ice rink] with widespread community support,” Biernacki said. “That support did not translate into patrons.” Biernacki…

You May Raise My Taxes When…

Is it wrong to prefer a Council meeting without Wogen and Simpson? I’ve decided there’s no immediate need to get rid of Wogen unless he starts showing up again, or if the 3rd Ward wants the mayor to appoint somebody to the spot. And Simpson can take as much time off as he likes unless…

Expenditures of Distinction: ReNewing Eduardo’s

Instead of the usual “Expenditures of Distinction” categories this month, we will focus on recent TIF spending. The City of DeKalb spent another $4700 out of the TIF Fund (.pdf p.52) on the Van Buer parking lot, this time for something called “FIBRCONE,” which brings the past two months’ parking lot embellishments to over $15,000…