Posted Sep 13, 2017, 2:48 PM
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Registered User
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Join Date: Nov 2005
Posts: 1,717
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Development dollars =/= Property Tax dollars
$2.5 billion in development means what to the tax rolls over 30 years? As far as I'm concerned that means nothing to the Edmonton's initial investment.
Don't fall for the funny math, this is where these cities get screwd because pennies come in to the coffers once all the goodies and freebies are accounted for and the TIF fund ends up falling short.
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