TIF District http://tspr.org en Fort Madison Considering New TIF District http://tspr.org/post/fort-madison-considering-new-tif-district <p>A commonly-used incentive program for downtown development is advancing in Fort Madison.</p><p>The city council has approved the second reading of an ordinance that would create a new tax increment financing district.</p><p>A portion of the property taxes collected on buildings within a TIF district goes to infrastructure projects.&nbsp; A baseline property value will be developed to determine the amount available for new sidewalks or streets.</p> Thu, 03 May 2012 02:15:49 +0000 Jason Parrott 14469 at http://tspr.org Fort Madison Considering New TIF District