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2023-10-11 City Council Packet
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2023-10-11 City Council Packet
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10/9/2023 8:45:16 AM
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8 <br />RC 18- <br />e <br />u <br />n <br />e <br />v <br />e <br />R <br /> <br />F <br />I <br />T <br /> <br />f <br />o <br /> <br />e <br />c <br />Tax increment is generated by the increased property value that is created when a property is developedCaptured property taxes attributed to the increased value from new development <br /> are used to support the developmentFixed term or duration to collect TIF revenue generatedTIF Revenue comes from property taxes paid by development within TIF district <br />r <br />u <br />o <br />S <br /> <br />
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