Scott Coffey, President of the Cary Grade School District, attended the Village of Cary’s Tax Increment Financing District meeting last week and offers the following account of what happened:
I think I may have been the only elected official in attendance.
The meeting started off poorly as I questioned why we were being presented with financial data and an audit report that was 18 months old.
The rest of the meeting I spent asking questions with limited success.
It’s way past time that the village terminate the two non-performing TIF districts.