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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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3 <br />RC 18- <br />e <br />r <br />u <br />t <br />c <br />i <br />P <br /> <br />TIF revenue does not come from existing tax-payersTIF allows the city to capture increase in county, school, and other taxing jurisdictions taxes from development to help accomplish <br /> city objectivesTIF is common and used by lots of cities as a tool to spur private development that a city finds otherwise will not happen (Ñbut forÒ)Using TIF to assist one project <br /> doesnÔt set a precedent or establish a need to give it to any other project <br />g <br />i <br />B <br /> <br />
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