A land bank authority would acquire distressed, unwanted properties, typically those in tax foreclosure, and rehabilitate and try to resell them to put them back on the tax rolls and help spur economic activity.
The county Board of Commissioners’ Finance, Budget and Audit Committee conducted its annual meeting to add or subtract expenditures from the proposed $322-million 2024 budget proposed by County Executive Mark Hackel before final approval of the $1.1 total billion budget next Monday.