Supervisors approve TIF redevelopment plan
by Associated Press Published: November 15,2011
Tags: community development, county government, economic development, finances, financing, redevelopment, taxes
JACKSON COUNTY — Jackson County Supervisors have adopted a tax increment financing (TIF) redevelopment plan, which allows it to begin offering incentives on major developments. The Mississippi Press reports tax increment financing is a reimbursement-based funding mechanism that uses future gains in taxes to finance infrastructure improvements on a property. The county had to adopt [...] [...]

