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The board is considering a resolution that sets clear rules for how economic development corporations calculate their financial contributions to downtown Celina's reinvestment zone when businesses already have active sales tax sharing agreements. This prevents double-obligations on sales tax revenue for projects like the Joe East Enterprises development on Preston Road.
At a glance
Rising — being discussed more frequently. 1 mention in the last 30 days.
Updates how sales tax revenues are distributed between economic development corporations, business incentive recipients, and the downtown TIRZ fund.
Local economic development corporations and commercial partners with active sales tax sharing agreements.
We'll include it in your weekly brief whenever the council takes it up.
The weekly brief for Celina
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