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Kennebunk EDC says it controls $290,000 in TIF line items and may adjust Lower Village TIF area
Summary
At its March 5 meeting the Kennebunk Economic Development Committee said it controls $290,000 in line items in the coming fiscal year’s TIF budget and raised the possibility of altering the Lower Village TIF area; committee members were urged to avoid funding projects that overlap other committees’ work.
The Kennebunk Economic Development Committee on March 5 said it controls $290,000 in specified Tax Increment Financing (TIF) line items for the coming fiscal year and discussed a possible change to the Lower Village TIF area.
Chair Steve Sawyer told members the committee “has control over $290,000 worth of line items in the final TIF budget for the coming fiscal year” and suggested the EDC consider whether to change the Lower Village TIF boundary. He also urged committee members to prioritize projects that do not overlap, impact or compete with projects run by other town committees.
The minutes do not list specific options or proposed boundary changes for the Lower Village TIF area; the committee tabled broader discussion of current and future projects to its next meeting. The record does not indicate any formal vote or decision on altering the TIF area on March 5.
The committee approved its minutes from Feb. 5, 2026 by motion (see separate actions note). No further allocations or commitments from the $290,000 were recorded in the March 5 minutes.
