Laserfiche WebLink
Abatement <br />What is it? How Does it work? <br />• Economic development tool <br />• All properties identified pay taxes just like every other <br />property <br />• Created by Resolution <br />• Benefiting properties are identified and city tax rate <br />applied to the tax capacity is the maximum annual <br />levy allowed to be pledged to the bonds <br />• Fixed levy for the term of the bonds <br />Public Sector Advisors <br />Springsted <br />