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Norman oversight committee considers earlier public input, fees and independent review for TIF districts
Summary
A presenter recommended expanding early public engagement for tax increment finance (TIF) districts — including citizen committees, application fees to cover city review, and independent economic analyses — and committee members asked staff to return with policy options.
Catherine, the presenter at Thursday’s oversight meeting, urged the committee to consider ways to bring the public into tax‑increment finance (TIF) planning earlier in the process, including appointing citizen review panels, setting application or administrative fees to fund city review, and commissioning independent economic analyses to validate developer projections.
"A TIF is is not a new tax. It's essentially taking the growth in taxes in an area and allocating that to particular project…
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