Thompson-Hire LLP clarifies Tax Increment Financing process
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Description
Dean Spoor of Thompson-Hire LLP explained the tax increment financing (TIF) process, its flexibility for the city, and how the money can be spent over a 10-year window. He also clarified how TIFs affect school funding and the need for project lists and cost estimates from TIF money.
Contract Details
Contract Amount
NA
Vendor
THOMPSON HIRE
Agency
Town of Amherst, OH
Contract Type
Legal services
Document Date
April 21, 2025
Contract Term
NA
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