As property values rise in the TIF district, the increase is used to pay off the bond. You can learn more about TIFs in this toolkit from Indiana Office of Community and Rural Affairs. The county ...
Chesterton is expanding the boundaries of its Tax Increment Financing district as the funds will be used to help finance a ...
which is along Indiana 933 and the former Holiday Inn site, would be used in that area. Faccenda said the bonds won’t affect the county’s debt. The TIF district requires a long chain of approvals.
Whiteland officials are in the process of a new tax increment financing, or TIF, district along a popular commercial corridor. The Whiteland Town Council unanimously approved two resolutions ...