Summary
CHATSWORTH - Concerns that a tax increment financing district would raise taxes or hurt schools were addressed Thursday at a public forum about the effort to help bring about the $333 million Oliver's Crossing property development.
A TIF district, which diverts some property tax money for economic development, would not raise property tax rates on anyone, officials told the 40 or so people who attended the forum at Chatsworth Town Hall. It also can be set up to limit the impact on the Prairie Central school district, they said.See the full content of this document
Extract
Tif Forum Promotes Growth Option
The officials praised creating a TIF district as a key part of promoting growth.
"It is important to the town...See the full content of this document
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