TIF districts start to pay off

 
By Ann Weaver
Published: August 23, 2006

Tax increment financing districts are beginning to pay off for some metro cities.

Midwest City , Tecumseh and Shawnee will receive their first payments this year after establishing tax increment financing districts, also known as TIF districts.

With TIF districts, any increase in property taxes is set aside to fund infrastructure and other public improvements in the district.

Midwest City Finance Dire...


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