New TID 12 posts first increment and plans MRO for corner development
TID No. 12 (Lakeview East/Hwy 31) posted its first 2025 increment (~$109,000) and staff said a car-wash developer plans an MRO and road work; the board received and filed the annual report.
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Cathy, the village finance director, said Tax Increment District No. 12 (Lakeview East and Highway 31 area), created April 22, 2024, recorded its first tax increment in 2025 of just over $109,000.
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