Rutland 360
3
Stories
1
Writers
TIF isn’t a tax on you, here’s what it is
April 16, 2025
This week, we will explain the “tax” in Tax Increment Financing (TIF), clarifying what the “tax increment” is, how funding flows and who covers the cost for infrastructure improvements. Importantly, TIF does not create new taxes on our residents. Tax increment and the flow of funds First, it’s key to understand that in order for…
Rutland City TIF District: Where we are and what it means
April 2, 2025
Welcome to the Rutland 360 focus column. Rutland 360 is a collaborative initiative led by a task force that includes the Rutland Redevelopment Authority, the City of Rutland, the Chamber & Economic Development of the Rutland Region, and the Downtown Rutland Partnership. Together, these stakeholders have developed the Rutland TIF District Master Plan, a strategic…
