Issue 5 reported that the Wichita Falls TIF board rescinded a 2019 vote, freeing $2.4 million for downtown. The follow-up question is the one that separates a governance story from a press release: what was the money reallocated to, through what process, and did the reallocation go back to the board or to the council for approval. A rescission that frees restricted increment is one of the few moments a district can redirect committed funds without a new revenue action, and how a board handles that moment is a reasonable proxy for how it handles everything else. The document to request is the board minutes recording both the rescission and the subsequent commitment.

Watch: The specific projects funded and whether any of the freed increment reverts to the taxing jurisdictions rather than being recommitted.

Source: Plat Street Issue 5 RW-P-7; Wichita Falls TIF board records