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AUBURN â The city Redevelopment Commission can expect to take in about $1.4 million in revenue per year from tax-increment financing districts, a financial consultant said this week.
The commission should have a fund balance of around $5.4 million at the end of this year, a consultant from the Baker Tilley firm said in an annual report.
The report listed more than $10 million in possible projects for spending the money in the years ahead.
The list includes:
⢠remodeling of the police department headquarters;
⢠a new headquarters for the street department;
⢠downtown sidewalk rehabilitation;
⢠infrastructure at C.R. 11-A and Interstate 69 south of the city; and