Download Zipped Introduced WP 6.1 SB0212.zip
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This bill expands the permitted use of tax increment funds. The revenue to the current RDA projects would remain the same, however, the local tax rate would be increased to accommodate the expanded permitted use of tax increment funds. It is estimated that the provisions of this bill will generate a total of $24
FY 99 Approp. | FY 00 Approp. | FY 99 Revenue | FY 00 Revenue | |
Uniform School Fund | $38,000 | $52,800 | $38,000 | $52,800 |
Local Revenue | $229,500 | $318,700 | $229,500 | $318,700 |
TOTAL | $267,500 | $371,500 | $267,500 | $371,500 |
Office of the Legislative Fiscal Analyst
2/25/1998 4:37:24 PM