NC Counties Using TIF
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We will list Counties using TIF bonds and track their outcomes
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Visit our History section of this site to review the final vote tally of Amendment One listed by County
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Durham (Click Here to contact Durham County elected officials)
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Developer seeks incentives. The News and Observer, "Blue Devil Ventures' request, submitted in the past week.... $4 million to $5 million from the county in tax-increment financing, which involves taking the additional property taxes generated by a new development to pay off bonds used to finance it. North Carolina voters last fall approved allowing local governments to issue bonds to buy land or build streets to aid a private development without getting permission from voters. Durham County has yet to approve the financing strategy. County officials expressed reservations Wednesday about funneling money into another downtown development".
- Wake County: (Click Here to contact Wake County Commissioners)
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Remember when the proponents used the reasoning for why we need Tax Increment Financing? They promoted "Jobs and Progress". Now the Wake County Commissioners and Raleigh City Council are proposing the use of TIF for a project known as "Green Square Project - Natural Research Center. Click Here to review the proposed funding for various projects in Wake County. It states: "This will specifically include exploring the option of Amendment One self-financing bonds within six months".
- We will list your county here if/when relevant