Shawnee proposed creating a Tax Increment Financing (TIF) district to support businesses impacted by construction and to fund development in the affected district using revenue generated by the TIF. City Manager Paul Kramer said the TIF would not impose additional sales taxes on businesses; no dollar amounts, timelines, or approval steps were disclosed.
Shawnee proposed creating a Tax Increment Financing (TIF) district to support businesses impacted by construction and to fund development in the affected district using revenue generated by the TIF. City Manager Paul Kramer said the TIF would not impose additional sales taxes on businesses; no dollar amounts, timelines, or approval steps were disclosed.
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