Tax-Increment Financing

What it is: An incentive to bring business to a community that might move elsewhere.

What it pays for: Public infrastructure needed for a development - sewer, water, utilities and streets.

How it works

1. City urban renewal agency declares an area eligible for tax-increment assistance.

2. Developer submits project proposal. Urban renewal agancy authorizes sale of bonds.

3. Developer or city builds streets, sidewalks and other infrastructure. Bonds sold to private investors. xxxx “Tax-increment financing put to Post Falls voters.”

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Saving for the future

sponsored According to two 2015 surveys, 62 percent of Americans do not have enough savings to handle an unexpected emergency, much less any long-term plans.



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