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Cities seek explicit authority to use TIF funds for police and fire buildings
Summary
City officials and mayors' representatives told the Senate Ways and Means Committee that Senate Bill 307 would amend the Ohio Revised Code to explicitly allow tax increment financing (TIF) proceeds to fund construction of police and fire facilities, arguing the change would clarify permissible uses and help maintain public safety amid new development.
Officials from Canton and the Ohio Mayors Alliance urged the Senate Ways and Means Committee to pass Senate Bill 307 to clarify that tax increment financing proceeds may be used for construction of police and fire buildings.
"Senate Bill 307 will allow us the flexibility to use funds generated from tax increment financing to address gaps in the administration of safety services,"…
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