CONTRACTPENDING

City Increases TIF Appropriation for School Reimbursement

Town of Worthington logoTown of Worthington
Disclosed value
$267,000.00 (School Compensation line item)
From agenda
Document date
Sep 7, 2021
Term
Calendar year 2021 appropriations

The 30-second brief

What it covers

Worthington is introducing Ordinance No. 41-2021 to add $320,000 in appropriations to the Downtown TIF Fund, including $267,000 earmarked to compensate the Worthington School District for property tax revenues captured by the TIF. The measure ensures the schools are made whole under the TIF agreement while offsetting city crossing guard costs.

Who holds it

Worthington School District holds this financial services contract with Town of Worthington. Its other public contracts on record include work for Worthington School District.

What happens next

Term as filed: Calendar year 2021 appropriations.

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Contract details

Contract type
Financial Services
Amount
$267,000.00 (School Compensation line item)
Document date
September 7, 2021
Term
Calendar year 2021 appropriations
Source document
city_council_agenda_september_7_2021.pdf (Agenda)

Worthington School District's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Town of Worthington?

Worthington School District was awarded this financial services contract by Town of Worthington, as recorded on September 7, 2021. The contract value is $267,000.00 (School Compensation line item).

How much is the Worthington School District contract with Town of Worthington worth?

The Worthington School District contract with Town of Worthington is valued at $267,000.00 (School Compensation line item), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city_council_agenda_september_7_2021.pdf (Agenda), dated September 7, 2021 from Town of Worthington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Worthington School District hold?

Worthington School District may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Worthington currently buying?

Explore Town of Worthington's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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