Three Rivers Local board hears improved five-year forecast as TIF and property values rise; power-plant future remains key
District finance staff presented a five-year forecast showing modest improvements driven by higher TIF receipts and a reappraisal-driven real estate increase, but uncertainty about the local power plant's operation and state funding changes could materially alter results.
The full story
Terry, a district finance presenter, told the Three Rivers Local School District Board of Education that the district's five-year forecast shows modest improvement driven mainly by higher tax increment financing (TIF) receipts and a recent reappraisal that raised regular real-estate valuation.
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