US EditionSt. Joseph Commissioners advance Tax Increment Financing plan for the downtown
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St. Joseph Commissioners approve plan to help pay for improvements downtown
St. Joseph City Commissioners have advanced a plan to establish a new Downtown Development Authority Tax Increment Financing district, which will enable the DDA to build up a reserve of funds for improvements in the area. On Monday, commissioners held their first reading on the DDA TIF plan with Development Director Kelly Ewalt telling them what the TIF will do. “A TIF works by recording the current or base level property tax in a designated ar…
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St. Joseph Commissioners advance Tax Increment Financing plan for the downtown
St. Joseph City Commissioners have advanced a plan to establish a new Downtown Development Authority Tax Increment Financing district, which will enable the DDA to build up a reserve of funds for improvements in the area. On Monday, commissioners held their first reading on the DDA TIF plan with Development Director Kelly Ewalt telling them what the TIF will do. “A TIF works by recording the current or base level property tax in a designated are…
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