1 · high · area scope
TIF district proposed at 82nd Street and Metcalf
Council will consider creating a tax increment financing district for a redevelopment project at the southeast corner of 82nd Street and Metcalf Avenue. This would let future increases in property tax revenue from the site be used to help pay for redevelopment costs instead of going to general city and school funds.
Why it matters: Redirecting future property tax growth to pay for private redevelopment can affect funding available for city services and schools near the site.
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