By Polly Mikula The Vermont Economic Progress Council (VEPC) met with the town of Killington and its residents via Zoom Thursday, Jan. 27, for a public hearing on the town of Killington’s tax increment financing (TIF) application. The town hopes […]
Tag: VEPC
Remarks to VEPC
Dear Editor, Editor’s note: The following letter is an adaptation of the testimony Art Malatzky gave to the Vermont Economic Progress Council (VEPC) on Jan. 27. VEPC is considering the town of Killington’s application to utilize future incremental municipal and […]
Killington town answers frequently asked questions about its proposed TIF district
Editor’s note: After two public meetings, Nov. 29 and Jan. 4, regarding the proposed Tax Increment Financing (TIF) district in Killington, the town has compiled answers to frequently asked questions. These were updated on Jan. 10. At the meeting Jan. […]
Seeking public comment: Proposed use of Incremental Property Tax Revenue for Tax Increment Financing District
STATE OF VERMONT Proposed use of Incremental Property Tax Revenue for Tax Increment Financing District, Town of Killington PUBLIC COMMENT INVITED On January 27, 2022, the Vermont Economic Progress Council (VEPC) will meet virtually to begin consideration of an application […]
Killington Select Board approves TIF application
By Curt Peterson and Polly Mikula Thirty-eight people on Zoom joined at least three dozen others in person on Tuesday evening, Jan. 4, when the Killington Select Board approved the Tax Increment Financing (TIF) District plan and financing plan and […]
What are tax increment financing (TIF) districts?
State answers frequently asked questions about program designed to spur development through investment in public infrastructure What is a tax increment financing district? Geographically, it is a district, created by a municipality, where public infrastructure is required to encourage private […]