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Kent County approves tax-sharing agreement with Byron Township over commissioner objections
Summary
The Kent County Board of Commissioners approved Resolution 67, a tax-sharing agreement with Byron Township that allows a corridor improvement authority to capture a portion of county property-tax increment; some commissioners questioned whether the county should share future tax revenues and pressed for details on governance and project uses.
The Kent County Board of Commissioners on Thursday approved Resolution 67, a tax-sharing agreement with Byron Township that lets a corridor improvement authority capture a portion of the county’s future property-tax increment.
Commissioner Steck moved approval of the resolution; the motion passed on a voice vote. Commissioner Ponstein raised repeated objections during debate, saying he has been “pretty consistent” in his dislike for tax-increment financing and expressing concern that such agreements redirect money taxpayers expected to go to general county services. Commissioner Faber asked…
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