Delaware County Redevelopment Authority to Formalize Stronger Tax Compliance Policy for Grant Recipients
MEDIA, PA – In a move to ensure the responsible use of public funds and level the playing field for all grant applicants, the Delaware County Redevelopment Authority (DCRDA) today directed the solicitor to draft a resolution suspending work on projects funded with grants to entities that are tax delinquent.
The DCRDA Board unanimously approved two key actions:
Direct the DCRDA solicitor to draft a resolution requiring all grant recipients to verify their local tax compliance. This resolution will establish a clear and consistent procedure for verifying tax status before any grant funds are awarded.
Suspend work involving any grantee that is discovered to be non-compliant with local taxes. This action will serve as a strong incentive for grant recipients to prioritize tax obligations and ensure responsible stewardship of public resources.
“While these procedures are common practice, this effort will codify a policy to ensure tax compliance is done at the local level, which is fundamental to ethical governance and responsible use of public funds,” said Laura Goodrich Cairns, DCRDA Executive Director. “These new measures will strengthen our local administration of grant programs that originate from state, federal, or other resources, create a more equitable environment for all applicants, and reaffirm our commitment to sound stewardship of public funds.”
The DCRDA Board recognized the critical role grants play in fostering economic development and revitalizing communities across Delaware County. By implementing these tax compliance measures, the DCRDA aims to:
Safeguard public funds: Verifying tax compliance eliminates the risk of awarding grants to entities that are not fulfilling their basic fiscal responsibilities.
Promote a level playing field: By ensuring all grantees are tax compliant, the DCRDA provides equal opportunity and fair competition for grant funding.
Boost community trust: By upholding high ethical standards and responsible financial practices, the DCRDA strengthens public trust and confidence in its programs.
The DCRDA is committed to transparency and accountability in its local administration of these grant programs. The new tax compliance measures will be implemented upon adoption of the formal resolution, which is expected to occur in January 2024. Grantees are encouraged to contact the DCRDA with any questions or concerns they may have about the new procedures.
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DCRDA MEDIA CONTACT:
Carly Spross
(610) 937-9943