Bartholomew Consolidated School Corp. could receive $750,000 in tax increment financing funds next year if a recommendation by the Columbus Redevelopment Commission receives final approval.
Redevelopment commissioners voted in a meeting Monday night to unanimously recommend to the Columbus City Council that the local public school district receive the TIF funds for use in three student programs — iGrad, STEM and transition planning for students with disabilities.
The commission’s recommendation will provide the full funding requested by the district for iGrad, about $253,825, and transition planning, about $246,796.
However, only $249,379 in TIF funds will go toward STEM programs, less than half of BCSC’s requested $574,963.
For more on this story, see Wednesday’s Republic.
