Property taxes surge after four TIFs get paid off, adding $3

Property taxes surge after four TIFs get paid off, adding $36.7M to Mitchell's property values

“When these four TIFs dissolved due to all of the associated costs being paid off, that’s all shown as new growth. Because of these TIFs, it’s brought a huge amount of assessed value to the city,” City Administrator Stephanie Ellwein said.

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