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Board approves tax-increment remittance agreement for FY 2024–25

3142949 · April 29, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Trustees approved a tax increment financing remittance agreement with the city for fiscal year 2024–25; administration said prior remittances were used to reduce debt service and enhance reserves.

The Missoula County Public Schools Board of Trustees approved a tax increment financing (TIF) remittance agreement for fiscal year 2024–25 with the city, authorizing the district to accept the remitted funds and later present recommendations on how they will be used.

Pat McHugh, speaking for administration, said under state law (MCA 7-15-4291 et seq.) TIF remittances are limited…

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