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TIF Policy & Voter Input


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As reported in the December 25, 2020 edition of the Rangeley Highlander, a public hearing was held on December 8, 2020 to provide information and receive input on the Rangeley and Oquossoc TIF (Tax Increment Financing) District and Development Program.  This 30 year program which includes 677.96 acres of the downtown areas of Rangeley and Oquossoc is expected to produce $6.5 million in increased tax revenue.  Up to 100% of this tax revenue can be put into the TIF account and be used to help fund development in the TIF Districts.  The amount of tax money that doesn’t go into the TIF account would be used to fund Town government and would not have to be raised through property taxation. ....

Alyssa Tibbetts , Economic Development Consultant , Funding For Economic Development , Connectme Authority , District Program , Economic Development Department , Economic Opportunity Committee , Development Program , Revolving Loan Fund , Rangeley Economic Development Consultant , Rangeley Highlander , Tax Increment Financing , Darryl Sterling , Economic Development , Project Costs , அலிஸா தீப்பெடட்ச் , பொருளாதார வளர்ச்சி ஆலோசகர் , நிதி க்கு பொருளாதார வளர்ச்சி , மாவட்டம் ப்ரோக்ர்யாம் , பொருளாதார வளர்ச்சி துறை , பொருளாதார வாய்ப்பு குழு , வளர்ச்சி ப்ரோக்ர்யாம் , சுழலும் கடன் நிதி , ரேஞ்ச்லி பொருளாதார வளர்ச்சி ஆலோசகர் , ரேஞ்ச்லி ஹைலேண்டர் , டார்ரில் ஸ்டெர்லிங் ,