The Local Development Finance Authority (LDFA) is a primary means of making tax increment financing procedures available to assist industrial development. Utilizing Tax Increment Financing (TIF), the authority captures any increases in property valuations above a base level established before the redevelopment process beings. The LDFA is a public corporate body created primarily to plan and finance the development and redevelopment of the designated facilities, agricultural processing facilities, and high technology activity; LDFA’s are typically used to finance the infrastructure and public improvements necessary to attract these types of businesses to an area.
The Local Development Finance Authority meets twice per year.
Most Recent LDFA Meeting Agenda & Packet
2023-03-21-LDFA-Meeting-Agenda.pdf (179.33 KB)2023-03-21-LDFA-Meeting-Packet.pdf (0.93 MB)
LDFA Members
Eldridge, Stan
Fanta, Andrew
Iacoangeli, Jason
Jefferson, Ricky
Jarrell Roe, Heather
Kominars, Aron
McLain, Dennis
Neel, Javonna
Rose, Aaron
Stumbo, Brenda
Westover, Scott
Vacancy (WCC Liaison)
In compliance with Public Act 57 "Recodified Tax Increment Finaning Act" - The LDFA Audited Financial Statements can be found by viewing the Table of Contents in the Audited Financial Statements under "Combining Statement of Net Position - Components Units".
2006 LDFA Tax Increment Financing & Development Plan Adopted
2006 LDFA Resolution Calling Public Hearing 2006-21
Contact Javonna Neel: (734) 544 - 3601
