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Greene County is joining ... along Interstate 69. The county’s re-development commission voted Thursday to approve the expansion of an existing TIF district in hopes of incentivizing future ...
The area is just east of an existing tax increment financing district shaded in pink. HANCOCK COUNTY — The creation ... which goes into effect on July 1, the Indiana Economic Development ...
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 ...
Instead of protecting the tax bases of local schools, libraries and the city and county general-purpose governments, TIF ... the district. Some years ago I returned to my home state of Indiana ...
A new study from Ball State University suggests that tax increment financing districts in Indiana are diverting ... Property taxes from new development in a district go in a fund that an appointed ...
Steve Dalton, a financial consultant to the county, explained TIF districts capture growth in a designated area. Without a TIF district ... interchange at nearby Indiana 2 and Larrison Boulevard.
State and county officials agree that is unusual. Every year, Indiana counties and cities are required to prepare a spreadsheet for each TIF district in their jurisdiction. Stable or “base ...
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