At this meeting, the Avon Community School Corporation (ACSC) requested property tax funding that is lost for Double Creek Flat Apartments. These apartments are located in Washington Township. Students living there attend Avon schools. These apartments were built in a Tax Increment Finance (TIF) district. As a result, ACSC does not receive property tax funds for this development to support our students.
The RDC determined that it will not pass through any funding this year, but expressed a commitment to re-examine the request next year. The RDC wanted to allow the apartments to be fully developed so that the total value would be known and also wanted to allow more TIF funds to be generated before committing to passing through funds to ACSC. The Oriole Advocates appreciate the commitment from the RDC to continue to analyze this issue and re-examine this decision next year.
The Oriole Advocates continue their focus on increasing funding for Avon Schools – on a local and state level!
Edited 6/15/2017: Clarification on the intention of the RDC to reconsider the request next year.