Lebanon Redevelopment Commission approves resolution to retain TIF capture
Jun 10, 2025
The Lebanon Redevelopment Commission adopted Resolution 2025-03, formally determining it will continue capturing tax increment for its allocation areas and authorizing notification letters to taxing units; the body noted recent legislation could affect taxing-unit shares but said impacts are still unclear.
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The Lebanon Redevelopment Commission voted to approve Resolution 2025-03, a statutory determination to continue capturing tax increment financing (TIF) for its allocation areas, and authorized template letters to notify affected taxing units.
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