YMCA Ready project update; commission votes to continue capturing TIF revenue and approve Baker Tilly bills
May 16, 2026 | Scott County, Indiana
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Officials from the YMCA updated the Scott County Redevelopment Commission on construction and funding plans for the Scott County Family YMCA Ready project, and the commission voted to continue capturing tax‑increment financing (TIF) revenue and to pay two Baker Tilly invoices.
Jeff Janan, vice president with the YMCA, told commissioners that the Scott County Family YMCA entered a management agreement with the YMCA of Greater Louisville after local leadership turnover and that the organization is overseeing operations and the Ready project. John Allen, vice president of property and real estate development for the YMCA at Greater Louisville, said Ready 1 is in interior finishing and should wrap in four to five weeks; the exterior shell will also be completed, and Ready 2 conceptual design is finished. Allen said the Ready 2 bid package is expected to be issued in June for a 30‑day bid period.
Jan an and Allen described community benefits of the project, with Janan noting the YMCA’s long local presence and Allen emphasizing early‑childhood and workforce impacts: “It’s an economic development tool, and we're also getting 80 young people ready for the kindergarten,” he said, describing the childcare capacity tied to the facility.
The chair raised a matching‑fund letter for the YMCA’s READY obligation of $250,000; the transcript lists $169,661.11 designated for Ready 1 and $80,338.89 for Ready 2. The chair said the wrong letterhead had been used and that he would correct the letter; after a motion the board authorized the chair to sign and deliver the corrected letter.
Jason Semler of Baker Tilly presented the commission’s annual TIF report and financial schedule. Semler outlined two allocation areas: the Northern Scott County (TriHard) area, created in 1998 and expected to expire in 2028, and a Central Scott County area created about five to six years ago (which captures fiber‑optic investment). He said the commission estimated roughly $718,950 in 2025 revenue (collected slightly less) and that current projections are above $800,000. One bond remains outstanding (originally $1.4 million, about $330,000 currently outstanding) and matures in 2029; Semler estimated annual debt service around $112,000, leaving net increment for projects in the $700,000 range in the near term.
Semler warned of a statutory notification deadline: the commission must notify overlapping taxing units by June 15 whether it intends to capture increment for the next year. He said a change in the law now requires the auditor to pass through at least 5% of assessed value if the commission fails to notify, which would reduce TIF revenue. After discussion, a motion passed to sign the notification letter and continue capturing TIF revenue for 2026 taxes payable 2027; the chair read the determination language referencing “Indiana code 36 dash 7 dash 14 dash 39. B 5 b.”
The board also approved two Baker Tilly invoices totaling $9,615 ($6,625 for the temporary board and $2,990 for TIF database and abstract assistance) and then adjourned.
Next steps recorded in the meeting included correcting and delivering the YMCA support letter, sending the TIF determination to the county auditor and overlapping taxing units before the June 15 deadline, and filing a spending plan by Dec. 1 for any projects to be spent in 2027.
Jeff Janan, vice president with the YMCA, told commissioners that the Scott County Family YMCA entered a management agreement with the YMCA of Greater Louisville after local leadership turnover and that the organization is overseeing operations and the Ready project. John Allen, vice president of property and real estate development for the YMCA at Greater Louisville, said Ready 1 is in interior finishing and should wrap in four to five weeks; the exterior shell will also be completed, and Ready 2 conceptual design is finished. Allen said the Ready 2 bid package is expected to be issued in June for a 30‑day bid period.
Jan an and Allen described community benefits of the project, with Janan noting the YMCA’s long local presence and Allen emphasizing early‑childhood and workforce impacts: “It’s an economic development tool, and we're also getting 80 young people ready for the kindergarten,” he said, describing the childcare capacity tied to the facility.
The chair raised a matching‑fund letter for the YMCA’s READY obligation of $250,000; the transcript lists $169,661.11 designated for Ready 1 and $80,338.89 for Ready 2. The chair said the wrong letterhead had been used and that he would correct the letter; after a motion the board authorized the chair to sign and deliver the corrected letter.
Jason Semler of Baker Tilly presented the commission’s annual TIF report and financial schedule. Semler outlined two allocation areas: the Northern Scott County (TriHard) area, created in 1998 and expected to expire in 2028, and a Central Scott County area created about five to six years ago (which captures fiber‑optic investment). He said the commission estimated roughly $718,950 in 2025 revenue (collected slightly less) and that current projections are above $800,000. One bond remains outstanding (originally $1.4 million, about $330,000 currently outstanding) and matures in 2029; Semler estimated annual debt service around $112,000, leaving net increment for projects in the $700,000 range in the near term.
Semler warned of a statutory notification deadline: the commission must notify overlapping taxing units by June 15 whether it intends to capture increment for the next year. He said a change in the law now requires the auditor to pass through at least 5% of assessed value if the commission fails to notify, which would reduce TIF revenue. After discussion, a motion passed to sign the notification letter and continue capturing TIF revenue for 2026 taxes payable 2027; the chair read the determination language referencing “Indiana code 36 dash 7 dash 14 dash 39. B 5 b.”
The board also approved two Baker Tilly invoices totaling $9,615 ($6,625 for the temporary board and $2,990 for TIF database and abstract assistance) and then adjourned.
Next steps recorded in the meeting included correcting and delivering the YMCA support letter, sending the TIF determination to the county auditor and overlapping taxing units before the June 15 deadline, and filing a spending plan by Dec. 1 for any projects to be spent in 2027.
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