Transcript
Page 1: Tax increment financing (TIF) MJ020717€¦ · Tax Increment Financing (T IF) Districts Only requires City Council approval (no election or petition). Uses existing property tax for

TAX INCREMENT FINANCING (TIF) DISTRICT PROGRAM

Raul S. Turrieta Silver City, NM Grant County Assessor

Page 2: Tax increment financing (TIF) MJ020717€¦ · Tax Increment Financing (T IF) Districts Only requires City Council approval (no election or petition). Uses existing property tax for
Page 3: Tax increment financing (TIF) MJ020717€¦ · Tax Increment Financing (T IF) Districts Only requires City Council approval (no election or petition). Uses existing property tax for
Page 4: Tax increment financing (TIF) MJ020717€¦ · Tax Increment Financing (T IF) Districts Only requires City Council approval (no election or petition). Uses existing property tax for
Page 5: Tax increment financing (TIF) MJ020717€¦ · Tax Increment Financing (T IF) Districts Only requires City Council approval (no election or petition). Uses existing property tax for
Page 6: Tax increment financing (TIF) MJ020717€¦ · Tax Increment Financing (T IF) Districts Only requires City Council approval (no election or petition). Uses existing property tax for
Page 7: Tax increment financing (TIF) MJ020717€¦ · Tax Increment Financing (T IF) Districts Only requires City Council approval (no election or petition). Uses existing property tax for
Page 8: Tax increment financing (TIF) MJ020717€¦ · Tax Increment Financing (T IF) Districts Only requires City Council approval (no election or petition). Uses existing property tax for
Page 9: Tax increment financing (TIF) MJ020717€¦ · Tax Increment Financing (T IF) Districts Only requires City Council approval (no election or petition). Uses existing property tax for
Page 10: Tax increment financing (TIF) MJ020717€¦ · Tax Increment Financing (T IF) Districts Only requires City Council approval (no election or petition). Uses existing property tax for
Page 11: Tax increment financing (TIF) MJ020717€¦ · Tax Increment Financing (T IF) Districts Only requires City Council approval (no election or petition). Uses existing property tax for

16,530,10930%

39,294,21670%

Grant County - Silver City TIFActual Value

RESIDENTIAL

NON-RESIDENTIAL

5,422,44629%

13,076,07371%

Grant County - Silver City TIFNet Assessed Value

RESIDENTIAL

NON-RESIDENTIAL

Page 12: Tax increment financing (TIF) MJ020717€¦ · Tax Increment Financing (T IF) Districts Only requires City Council approval (no election or petition). Uses existing property tax for
Page 13: Tax increment financing (TIF) MJ020717€¦ · Tax Increment Financing (T IF) Districts Only requires City Council approval (no election or petition). Uses existing property tax for

QUESTIONS

Page 14: Tax increment financing (TIF) MJ020717€¦ · Tax Increment Financing (T IF) Districts Only requires City Council approval (no election or petition). Uses existing property tax for

Recommended