Hilliard is working to establish three TIF districts
Hilliard leaders are taking steps to create three new tax increment financing (TIF) districts by late June, ThisWeek Community News reports. The TIFs would involve the One Mill Run, Sunbelt Rentals and Verizon Wireless projects. The One Mill Run and Verizon TIFs would be "non-school" TIFs that would not affect the property tax revenue received by the school district. If approved, Sunbelt would receive a "15-year, 50 percent property-tax abatement, which is worth [an estimated] $300,638," the article said. For more, read the full story.
