The Fishers Board of Public Works and Safety approved spending $52,000 on computer software to track the city’s Tax Increment Financing (TIF) districts and deals.  Mayor Scott Fadness said this will allow better reporting to state government on TIF activity in Fishers.

City Controller Oscar Gutierrez told the board this software will allow the city to track TIF parcels, districts, valuations and appeals.  Gutierrez added that the new software will bring much of this work in-house with city staff and not require the expense of utilizing outside accounting firms to track and file state reports on the city’s TIFs.  The new software will take this information away from spreadsheets and modernize the tracking system.

Mayor Fadness says this software will allow a centralized location to track this information on a single platform, something that has not existed in the past.

You can find more information on the software contract at this link and at this link.