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TIF1

Local taxing units get bonus as original TIF expiring

Steady growth and development in the Woodstock area has allowed local taxing units to cut their tax rates while increasing property tax levies. And those government units will get a bonus in 2022 – the city’s 23-year-old tax increment financing district will expire Dec. 31, adding about $5.9 million in taxable property to their budgeting […]

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TIF development tool for 23 years

Unlike the downtown-centric TIF 1, TIF2 stretches east to Route 47, south to Lake Avenue, and east toward Walmart.

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Larry Lough

Larry Lough is editor of The Independent and reports local news.

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Janet Dovidio

Janet Dovidio has been a freelance correspondent for The Independent for eight years.

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Susan W. Murray

Susan W. Murray wrote for The Independent, covering various beats, from 2005 to 2008.

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Tricia Carzoli

Tricia Carzoli is a freelance writer and photographer that on community news.

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