Cedarville Iowa – ClarkCountyToday.com

Cedarville Iowa – ClarkCountyToday.com https://www.clarkcountytoday.com Your News Source with Integrity Wed, 14 Apr 2021 20:46:36 +0000 en-US hourly 1 https://www.clarkcountytoday.com/wp-content/uploads/2016/10/cropped-Andis-CCT-Icon-NEW-170522-01-1-36x36.jpg Cedarville Iowa – ClarkCountyToday.com https://www.clarkcountytoday.com 32 32 Legislature advances new tax proposal — Tax Increment Financing — for municipalities to raise more money https://www.clarkcountytoday.com/news/legislature-advances-new-tax-proposal-tax-increment-financing-for-municipalities-to-raise-more-money/?utm_source=rss&utm_medium=rss&utm_campaign=legislature-advances-new-tax-proposal-tax-increment-financing-for-municipalities-to-raise-more-money Tue, 13 Apr 2021 23:07:02 +0000 https://www.clarkcountytoday.com/?p=96194 This graphic shows how Tax Increment Financing is supposed to work, where funds are borrowed for development against the future property value, and paid for by property tax revenues. Graphic Bloomberg

This graphic shows how Tax Increment Financing is supposed to work, where funds are borrowed for development against the future property value, and paid for by property tax revenues. Graphic Bloomberg

TIFs allow borrowing money for development based on future property tax values.]]>