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Monday October 20, 2014
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Curbing the DDA

 

continued

Morehouse agrees that "the DDA uses TIF money to pay some of the debt service on the parking structures. But that has gone on for the entire life of the DDA. TIF money does not pay for operating expenses for the parking system, but it does pay some of the bonds, because decks are an improvement to the city, since the city owns them."

Kunselman's amendment to the DDA ordinance also adds a provision requiring the authority to file timely financial reports. It's needed, he says, because "TIF reports have not been produced by the DDA in the last decade." Kailasapathy agrees, saying, "DDA did not file TIF reports for a long time."

That's news to state treasury spokesperson Terry Stanton and Tom Crawford, the city's chief financial officer: both say they've consistently received the DDA's annual reports.

Kunselman says it's not just councilmembers who mistrust the DDA. "The library had questions, so they sent a letter to Susan Pollay, and she never responded. Ask [library director] Josie Parker about her letter. Ask her who believes what the DDA tells them now."

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