Local News

2 Tax Increment Financing Districts Nearing Reality in Taylorville

The Christian County Economic Development Corporation board of directors held their quarterly board meeting on Friday afternoon at People's Bank and Trust in Taylorville, and learned that work to establish 2 Tax Increment Financing districts in Taylorville, is nearing completion.

Executive director Mary Renner told Regional Radio News after the meeting, that the City of Taylorville is finishing annexation of properties to complete both TIF's.

TIF districts, or "Tax Increment Financing" districts, enable businesses to locate inside the district and gain tax advantages as a result.

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