Laserfiche WebLink
Differences <br />cont. <br />•Administration <br />–Tax increment -Counties provide settlements semi-annually <br />to Cities with their property tax payments <br />–Tax abatement -Cities collect revenues through annual levy <br />•Reporting <br />–Tax increment –Must submit annual TIF Reports to OSA <br />–Tax abatement -No financial reporting requirements (yet) <br />6 <br />