CONNECT WITH WMAY
Dirk Van Dirk Van
5:00am - 6:00am
First Light

Contact Me

My Blog

Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.
Google
Custom Search
October 24, 2014, 5:21 am
970 WMAY News

School Board Wants Bigger Slice Of TIF Pie


The Springfield school board is in favor of a more aggressive approach toward tax increment finance districts. 

 

TIF districts are often used by the city to promote development in an area… by taking the increase in property taxes and reinvesting in that area, rather than distributing the money to other taxing bodies, like District 186. 

 

School board member Scott McFarland wants the district to push for a more active role in discussions for any future TIFs, and to push for immediate access to 10-percent of the increased revenues.  McFarland says if the city can be persuaded to go along, it could mean hundreds of thousands of new dollars annually for Springfield schools.

News Video

On Air Video


Facebook Fans


@WMAYSpringfield
LinkedUpRadio Envisionwise Web Services