Brownfield Authority's 2026 Budget, Loan Request on Board Agenda

fact_check Key facts

• The proposed 2026 budget for the Brownfield Redevelopment Authority totals $107,296.
• The budget includes $21,940 for consulting services, with $20,000 of that for required income-monitoring and compliance for housing projects.
• The authority is requesting a $20,000 loan from the Township's General Fund because it reports not having sufficient cash flow for these upfront costs.
• The process requires the Township Board to approve the budget before the Brownfield Authority can hold a public hearing on it.
• The Township Board was scheduled to consider the budget at its May 11, 2026 meeting.

tune Discretion or exceptions

• The Township Board has the discretion to approve or reject the budget as presented. The Brownfield Authority's board has already approved it.

groups Who could be affected

• Plainfield Township taxpayers, as the source of the General Fund loan
• Developers with projects in the Brownfield program
• Residents of housing projects that require income monitoring for compliance

compare_arrows What could change

• If approved, the budget would provide the Brownfield Authority with $107,296 for its 2026 operations, funded by tax captures and a loan.
• The budget allocates $21,940 for contracted consulting services, a majority of which ($20,000) is for legally required compliance monitoring.
• The budget includes a $20,000 transfer from the General Fund, which would be considered under a separate resolution, to manage the authority's cash flow.

visibility What to watch

The Township Board will consider the budget at its meeting on May 11, 2026. According to township procedure, if the board approves the budget, the Brownfield Redevelopment Authority will then schedule its own public hearing on the budget at a future meeting.

• What are the terms of the proposed $20,000 loan from the General Fund, such as the interest rate and repayment schedule?
• Which specific housing projects require the income-monitoring and compliance activities funded by the consulting fees?
• When would the Brownfield Authority's public hearing on the budget be held if the Township Board approves it?