Opinion: Councilman Plank Urges Council To Unify To Promote Competitive Advantage In Region
Letter To The Editor: WOOD RIVER - Last week, Councilman Bill Dettmers requested a special meeting to further discuss matters related to TIF agreements and a forensic audit of the TIF process. As a CPA and Certified Fraud Examiner, I believe this is unnecessary and would result in additional professional expenses on top of the increase in legal fees already incurred due to Councilman Dettmers' numerous attorney meetings and legal requests. Consequently, I will not participate in it. I informed Mayor Stalcup of my decision and he is in agreement. TIF funds undergo an annual audit and testing by an independent audit firm. I am confident in the integrity of the process. Additionally, our attorneys have thoroughly reviewed our TIF agreements and addressed the numerous questions from Councilman Dettmers, which have cost the city considerable time and legal fees. As a comparative, fiscal year-to-date through January of each fiscal year, 2023 legal fees were $23,931, fiscal year-to-date
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