Franklin County auditor Michael Stinziano on Wednesday announced a new online "Tax Incentives Hub" to give county residents a deeper understanding of the impact abatements and tax increment financing (TIF) incentives have on local government, school district, and county agency tax revenues.
Per a statement released by the auditor's office:
The Tax Incentives Hub, which is available on the Auditor’s office website, features maps that show where incentives are in use, the different types of incentives, data about the incentives, and the local ordinance that created each. The maps can break down the tax incentives by municipality, so residents can see which are in use in their neighborhood.
The Hub also lists the effects each incentive has on government agencies that depend on tax revenue, and it links to specific information about each incentive ...
"I want to ensure that taxpayers know about tax incentives and whether they are providing the benefits promised to our communities – and whether they are working," Mr. Stinziano said in the statement. "With this hub we are promoting transparency for the residents and businesses of Franklin County."
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