TIF Decertification

[Delcalzoaj]

Something about the numbers in the post from MCDA's Jack Kryst just didn't 
seem to add up.  The amount of tax capacity added when the districts were to 
be decertified in 2009 seemed extremely small - about $31 million.  That 
couldn't be right, could it?  We are talking about some mighty big districts 
that certainly would have to be worth more than that to pay off the bonds 
that funded them.  I hope someone with MCDA will clarify.

Jan Del Calzo
Lynnhurst