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Councilors discuss commercial incentive district work and large assessment verification project
Summary
Council members raised the commercial incentive-district topic and the assessor reported a multi-year data verification project that could add tens of millions to the tax roll; members discussed using the added revenue for budget priorities such as housing.
Councilors briefly returned to earlier work on a proposed commercial incentive district (Sections 485A and 485B cited in discussion) and described an intent to understand legal conditions that could be applied to incentives to encourage mixed-use development and housing.
Separately, the assessor reported a data-verification project that has already…
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