Downtown Tax District Delayed

The plan to create a special downtown tax district has been delayed. The Downtown Property Owners’ Council had asked City Council to assess a tax of $0.20 per $100 in assessed value for commercial properties in order to fund downtown improvements. However, the draft law that the city drew up had some problems, not the least of which is that it would have taxed residents, not just commercial real estate. Council ended up not discussing the service district, but hopes to take it up again on June 3rd. There’s no word as to whether DPOC believes that the problems can be resolved that quickly. Jake Mooney has the story in today’s Progress.

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