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Council asks staff for TIF 1 extension analysis; June presentation targeted for decision window
Summary
Councilors asked planning/finance staff for modeling on extending Tax Increment Financing District 1, including revenue shifts and throttling options; staff expects a June presentation to inform a possible council action.
Council members directed staff to provide detailed modeling and scenario analysis on a potential extension of Tax Increment Financing (TIF) District 1 and asked for a near‑term presentation so the council can consider action before certain economic development windows close.
A council member said Alyssa Tibbets is preparing forecasting and modeling work on the TIF extension and potential investment tied to the extension. “If we could get something, we'd like to have something possibly ready for a…
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