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Thursday, July 20, 2017

Springfield's north side inches closer to TIF district

The city of Springfield, Illinois, seems more likely to implement at tax-increment financing district on its declining north side - which features a prominent alignment of Route 66 - after a hearing on the matter last week. TIF districts are where taxes from rising property-tax values are used to pay part of renovation costs or infrastructure improvements.



from http://ift.tt/2tim6Br http://ift.tt/1y72Pxc

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