City officials outline benefits of approving tax breaks for businesses, development

City officials outline benefits of approving tax breaks for businesses, development
Holland Sentinel, The (MI)
Apr. 20—HOLLAND — City officials are working to clear up misconceptions about tax breaks.
Tax breaks, or credits, are opportunities that begin at the state level. They are made available to businesses or developments that meet specific parameters. And, as a whole, they are designed to encourage growth in areas where growth might not otherwise be possible.
"The incentive toolbox is designed to help overcome barriers to growth in our communities and our states," said
Jennifer Owens, president of local economic development organization Lakeshore Advantage and planning commissioner for the city.

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