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Economic Development Districts

Other Potential Revenue Sources and Information for Crackerneck Creek

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Economic Development Districts

Overview

  • At termination of each listed TIF Plan below, City property taxes and sales taxes previously captured as PILOTs and EATs and deposited into various subaccounts of the Special Allocation Fund will become available for City purposes, including (to the extent that the purpose of each tax allows), appropriation to debt service on Crackerneck Creek bonds and other outstanding bonds of the City

Revenue Sources

  • Hartman Heritage TIF; terminates on May 17, 2021
  • Drumm Farm TIF; terminates on December 5, 2022
  • Centerpoint TIF; terminates on December 5, 2027