TIF

The proposed budget for the Town of Normal is $138 million next year and an estimated $711 million over a five-year period.Town council members got their…

After a hotly contested debate, Bloomington aldermen decided Monday to postpone a vote on new guidelines that would clarify when the city uses tax…

Bloomington aldermen will discuss Tuesday when it’s appropriate for the city to use a tax incentive tool to stimulate economic development—and how to…

The mayor of Normal said the extension and enlargement of a Tax Increment Financing (TIF) district won't hurt schools and other taxing bodies.Speaking on…

The City of Bloomington is continuing to move forward on a TIF district for the Empire Street corridor. Alderman voted 8-1 to schedule a public hearing…

The Bloomington City Council is taking the next step in creating a tax increment financing district that includes Colonial Plaza. A meeting will be held…