During a workshop meeting Tuesday, Wichita’s City Council explored potential changes to the criteria for tax increment financing districts — an economic development tool that captures the incremental increases in property taxes within a district’s boundaries to cover certain costs of private development. The strongest message delivered Tuesday by three members of the Council, though, was to leave it be. I like the TIF language as is,” Council member Brandon Johnson said during the meeting. “… The proposed one I get, but I just know that other taxpayers really want to see final effort and everything’s been exhausted.”
Source: Wichita Business Journal
