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Council approves 20-year LDFA restatement and Oakland County tax-capture agreement
Rochester Hills City Council · November 11, 2025
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Summary
Rochester Hills approved a 20-year extension of its Local Development Finance Authority plan and a county tax-sharing agreement that estimates $1.416 billion in taxable value increase and secures a 75% county capture on eligible county millages in the district.
At the Nov. 10 meeting the council approved the 2025 restated LDFA development and Tax Increment Financing plans and authorized the mayor to execute a tax-sharing agreement with Oakland County.
Economic-development staff described the update as a 20-year extension with no boundary…
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