Land Use & Zoning
What is a TIF (Tax Increment Financing) district in Kansas?
AA tax reduction program for agricultural land
BA financing tool that uses future property tax increases from redevelopment to fund current improvements✓ Correct
CA federal grant program for rural communities
DA KDHE-administered environmental cleanup fund
Explanation
TIF districts capture the increase in property tax revenue (the increment) resulting from new development to repay bonds or fund public improvements in the district.
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