Burkhardt Road bond refunding
Summary
The council approved refinancing about $12.4 million in Burkhart Road TIF bonds at lower interest rates, saving taxpayers roughly $2.4 million — about $480,000 a year — before the TIF expires in 2031. It doesn't expand the TIF area or extend the repayment term.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Jun 16, 2026.
Impact analysis
Saves taxpayers about $2.4 million over the life of the bonds, roughly $480,000 per year.
Taxpayers and the TIF allocation fund, freeing money for other projects.
Mentions & discussions (2)
Evansville Redevelopment Commission - Jun 16, 2026
The commission was scheduled to hold a public hearing on Resolution 26ERC13, which would refund bonds tied to the Burkhardt Road Economic Development Area and Allocation Area. Refunding can affect how redevelopment debt is managed in that corridor.
City Council Meeting - Jan 12, 2026
The council approved refinancing about $12.4 million in Burkhart Road TIF bonds at lower interest rates, saving taxpayers roughly $2.4 million — about $480,000 a year — before the TIF expires in 2031. It doesn't expand the TIF area or extend the repayment term.
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