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Jasper Redevelopment Commission Reviews TIF Allocation for Horne Properties, Considers Funding for GJCS Tech Purchase
At their March meeting, the Jasper Redevelopment Commission approved a TIF allocation
update and discussed future funding priorities.
The Commission held a public hearing considering a confirmatory resolution regarding the
Horne Allocation Area and related supplement to the Economic Development Plan Central
Area. Originally, these parcels were part of the broader area with combined funding. Based on
recommendations from Baker Tilly and legal counsel, the board considered a request to
establish the Horne properties as a separate allocation area for the two parcels, but which
would be in the Central area for development funding. This gives the maximum utililization and
flexibility for each project. Adding the Horne property to the Central area TIF while maintaining
its own allocation fund allows the city to manage the Horne accounting separately without
impacting the existing obligations tied to the Central TIF. The Commission unanimously passed
Resolution 2026-3 which was already approved by the Council at their last meeting. This
established the Horne properties as a separate allocation area within the Central area TIF.
Tracey Lorey, Superintendent of Greater Jasper Consolidated Schools, presented a funding
request for educational technology investment. The proposal sought approximately $133,800 in
support for an educational tech investment for Chromebooks for first and third grade students.
The initiative is seen as an investment in future workforce readiness and community
sustainability. Lorey also emphasized equitable access to technology, supporting early literacy,
math instruction, and digital skills development. The RDC agreed to take the proposal under
advisement and requested staff to analyze available funds and present a formal
recommendation. Staff will analyze available TIF funds and prepare a formal funding
recommendation for Commission consideration.
The 2025 TIF Management Report was presented to the board, fulfilling the annual
requirement. The four management areas covered were North Ridge, Central, Riverfront, and
University Heights. The total revenues across all TIF areas were approximately $1.1 million.
Total expenditures were approximately $5.8 million, with the bulk of those expenses coming
from bond proceeds funding construction projects like the municipal pool.
President Andrew Seger led a discussion about what options might be possible with upcoming
TIF funds. He requested a summary document that would include committed funds, typical
expenditures, and available discretionary funds. The commission also discussed the potential
value of hosting an educational session to improve understanding of economic development
incentives, TIF, and abatement tools.
For more information on these and other updates, visit jasperindiana.gov or JasperGov-Indiana
on Facebook.
- By Drew Hasselbring

