The Windham Town Council yesterday endorsed a plan to create a Tax Increment Fin

Authors

Source

Portland Press Herald

Date

9-21-1994

Pages

1B, 2B

Abstract

The Windham Town Council yesterday endorsed a plan to create a Tax Increment Financing district around new commercial development in North Windham, and will put the proposal on the November ballot for residents' approval. Under the plan, 80 percent of the property taxes raised in the TIF district would go into a special fund and 20 percent would go into the town's general fund. The TIF requires state approval. Details.

Subjects

Tax increment financing districts

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