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Council conducts tax-increment financing exercise; staff review project-area implications
Farmington City Council · March 6, 2026
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Summary
Farmington staff led a tax-increment financing exercise March 7 to illustrate TIF mechanics for project areas created in 2018 and to note which project areas will not collect increment from certain entities in the upcoming fiscal year.
On March 7 Farmington councilmembers participated in a tax-increment financing (TIF) exercise led by City Manager Brigham Mellor and staff that walked members…
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