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Resident tells Larimer commissioners TIF diversions threaten school funding
Summary
A resident at the March 10 meeting alleged tax-increment financing (TIF) diversions are forcing large state and local school backfills, called for county leadership to address legal infirmities, and said local taxpayers are losing out; commissioners noted work on guardrails and ongoing state-level efforts.
A resident, appearing as Eric Sland, told the Larimer County Board of County Commissioners that the state is facing a budget shortfall while roughly $120 million is being used this year to backfill school districts because of tax-increment financing (TIF) diversions.
"This year alone, we'll spend $120 million backfilling school districts for…
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