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Butler County commissioners decline to object to Trenton residential incentive district; ask staff to track levy impacts
Summary
County staff briefed commissioners on the City of Trenton—s notice to create a residential incentive district to support a 330-home development valued at about $110 million. Commissioners were told two county levies could be affected; after questions, the board registered no formal objection to the district.
County staff on Thursday told Butler County commissioners that the City of Trenton has filed notice of its intent to create a residential incentive district (RID) tied to a proposed subdivision expected to include about 330 single-family homes on roughly 100 acres. The development—s total assessed value was described in the filing as about $110,000,000.
The county official summarized the RID proposal and the statutory protections enacted in 2006 that require making certain county levies whole if a district causes an increase in the effective levy rate. "In 02/2006 the state legislature amended tax increment finance law ... recognizing that residential properties generally utilize the services of…
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