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Finance committee refers draft TIF policies to legal and legislative committee for detailed review
Summary
Commissioner Collins moved and the committee voted 5-0 to refer a draft tax-increment financing (TIF) policy and procedures document to the legal & legislative committee for a section-by-section review, after a presentation from an Industrial Development Board representative.
The Bradley County Finance Committee unanimously referred a draft tax-increment financing (TIF) policy and procedures document to the county’s legal and legislative committee on Feb. 12, saying the framework requires detailed legal and fiscal scrutiny before any implementation.
Commissioner Collins moved that the document be sent to the legal and legislative committee for "a comprehensive review prior to further action," arguing that TIF is a "complex,…
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