Spending TIF Money on the Egyptian Theatre

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TIF for Egyptian 1 of 2 photo EgyptianTIF1of2_zpsc57b2b98.jpg

Last month I was going through recent City of DeKalb check registers for something or other and came across a payment out of DeKalb’s Central Area Tax Increment Financing (TIF) Fund for $189 with the description “EGYPTN THTR UNCLG BSMNT DRN.” I also found descriptions for “EGYPTN THTR STG DOORS LCKS” and “LGHT FXTR WMNS BTHRM.”

These items sounded more like regular maintenance than the private property rehab/development that TIF is supposed to support, but I figure the city probably has plausible excuses for them, perhaps repairs for damage done by clumsy plasterers or painters?

Two of the October entries are for engineering services with descriptions of “EGYPTN THTR ALLEY RCNSTRCTN.” This must be TIF-speak for “taxpayers are footing the bill for heated sidewalks.”

Read the rest at City Barbs.

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