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board_policy:deaa
Status Adopted
Original Adopted Date 07/21/2008
Last Revised Date
Last Reviewed Date 07/21/2008

DEAA: Tax Abatement Financing

Because local property taxes provide the major fiscal resource for the district, the district will only support a Tax Increment Financing Plan (TIF) if 50 percent or more of the commercial property tax revenue derived from improved assessment and 100 percent of the residential property tax revenue derived from improved assessment is retained by the school district.

Preference in this support will be given to developers who also limit the amount of years for TIF funding and also who utilizes a single phase plan.

References

Cross References

Missouri Revisor of Statutes

Missouri School Improvement Program

United States Code

Code of Federal Regulations

Court Cases

board_policy/deaa.txt · Last modified: Monday, November 20, 2023 12:41 AM by Nathan C. McGuire