Starke County Economic Development Foundation Executive Director Charlie Weaver spoke with Knox City Council members about an estimated deficit in the city’s CEDIT account at their meeting last Tuesday.
Back in October, Clerk-Treasurer Jeff Houston mentioned that he received a notification from the Department of Local Government Finance indicating that there would be a projected loss of revenue of $34,908 for next year. He told members that sometimes those figures can be off but also assured them that the SCEDF was working with representatives from Umbaugh to get to the bottom of it.
At the most recent council meeting, Weaver informed members that after speaking with the city’s financial advisor Todd Samuelson of Umbaugh and Associates, he had a better understanding of why next year’s numbers are lower than the figures from 2017. Continue reading
Updating routes into the Knox Industrial Park and improving access to potential growth areas in Hamlet are among the priorities outlined in Starke County’s five-year strategic infrastructure plan. It serves as a blueprint for the use of County Economic Development Income Tax (CEDIT) funds, along with money from the state. 
