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City manager’s budget draft includes $30,000 for cultural asset plan and $10,000 for public art from TIF
Summary
City staff told the Bangor Arts Commission a proposed manager’s budget includes $30,000 for a cultural asset and strategy plan, $20,000 for commission priorities (grants/calendar) and $10,000 for public art paid from downtown tax increment financing (TIF) funds; the manager’s review and city council hearings are next steps.
City staff updated the Bangor Arts Commission on a draft manager’s budget that would direct downtown TIF money toward arts planning and a public art project if approved.
Staff member (S6) explained how the TIF fund works and said that, because recent state statute changes allow arts and culture spending from TIF dollars, his draft manager’s budget includes $30,000 for a cultural asset and strategy plan…
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