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Local Tax Increment Finance (LTIF) Areas - Local Tax Increment Finance (LTIF) areas represent areas where regular property taxes are apportioned to pay for public improvement costs. A local government (which can be a city, town, county, port, or any combination of) may designate up to two increment areas and use resulting tax revenues to pay for public improvement costs. To do so, local governments must adopt an ordinance designating a specific increment area within its boundaries, and specify the public improvements that are going to be financed with the use of LTIF. More detailed information about LTIF areas can be found in Washington State RCW 39.114. |
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Local Tax Increment Finance (LTIF) Areas - Local Tax Increment Finance (LTIF) areas represent areas where regular property taxes are apportioned to pay for public improvement costs. A local government (which can be a city, town, county, port, or any combination of) may designate up to two increment areas and use resulting tax revenues to pay for public improvement costs. To do so, local governments must adopt an ordinance designating a specific increment area within its boundaries, and specify the public improvements that are going to be financed with the use of LTIF. More detailed information about LTIF areas can be found in Washington State RCW 39.114. |
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Clark County Assessor |
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For complete metadata details see: http://gis.clark.wa.gov/gishome/Metadata/?pid=metadata.layer&dbsID=7255 |
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| title:
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Local Tax Increment Finance (LTIF) Areas |
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["LTIF","local tax increment financing"] |
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en-US |
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