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Senate study resolution would launch review of special districts and tax increment financing
Summary
Senator Greg Hertz introduced Senate Joint Resolution 8 to launch an interim study of special districts and tax increment financing, citing inconsistent reporting and a concern that special districts represent about 10% of the statewide mill base.
Senator Greg Hertz, chair of the Senate Tax Committee, introduced Senate Joint Resolution 8, a study resolution directing an interim review of special districts and tax increment financing (TIF). Hertz said the lack of consistent statewide data on special districts makes comparison difficult and that special districts together represent roughly 10% of the statewide mill base for property taxes.
Hertz described discovering wide variation in how counties report…
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