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Commissioners hear public input on proposed tax abatement policy aimed at small businesses
Summary
At a public hearing commissioners reviewed a draft county tax‑abatement policy that lowers capital thresholds to include smaller businesses and shortens abatement terms; residents from Comfort expressed mixed views and general counsel requested additional review.
Commissioners opened a public hearing on Aug. 12 to discuss a proposed Kendall County tax abatement policy intended to expand eligibility to smaller businesses and emphasize retention as well as recruitment.
Phil Hunke, part of the EDC team assembled to draft the policy, said the group benchmarked more than 30 similar counties and proposed lowering the minimum capital investment thresholds so small, local businesses could qualify. "The proposed…
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