Sussex Will Tackle Tif Boost Tif Closing to Add $535,000 a Year to Village Revenues

Summary


By PETER ABBOTT

Village of Sussex - The village will gain more than a half- million dollars a year in new revenue from the closing of a Tax Increment Financing (TIF) District starting next year, but officials expect it will be swallowed up quickly just to play catch-up with some unmet needs.

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Sussex Will Tackle Tif Boost Tif Closing to Add $535,000 a Year to Village Revenues

First in line for the additional money is the village's Cash Capital Depreciation Fund.

According to Assistant Village A...

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