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Committee approves TID amendment to fund lighting, small-business assistance in Royster Clark area
2759225 · March 4, 2025
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Summary
The Finance Committee unanimously approved an amendment to Tax Increment District No. 44 to add $155,000 for lighting along Stone Road and $500,000 for small-business assistance programs; staff estimated district closure in 2026 and projected $100 million incremental value.
The Madison Common Council Finance Committee on March 20 approved an amendment to the project plan for Tax Incremental District No. 44 (Royster Clark) that designates $155,000 for lighting along Stone Road and sets aside $500,000 for small-business assistance.
Dan Rolfes, TIF staff, told the…
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