![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj30lhlbXRRbOsm81qldUkaZ4fH4tx70NBAZlRJciDJkYRqvjRVE7ZiuV-SAN-6orrTqB65-A_NfqYuCblJT29XcsZACiA-HHMERn6GKx7B4k_atHlF2NsB3100Dk1vHcpgGPyomgcDhZVm/s1600/1.jpg) |
Weston Hotel |
by Ben Hall, News Channel 5 - Metro council members are raising questions about the true cost of a
controversial tax incentive program known as tax increment financing
(TIF). ...Last year the city was forced to withdraw money directly from Metro
School's budget -- without warning -- to cover the cost of the program. ... the city unexpectedly took nearly $1 million dollars out of schools accounts to cover "tif tax breaks." ... Last year, the total cost of the city's TIF program came in at $28.5 million. (
link)
Weston Hotel paid more than $1.9 million in property taxes last year but only about $43,000 went to Metro to pay for city services.
Top Stories
No comments:
Post a Comment