ABERDEEN, S.D.(HubCityRadio)- At Tuesday’s Brown County Commission meeting, Commissioner Mike Gage provided a report on the issue of administrative fees for TIFs(Tax Increment Financing).
Commissioner Gage talks about what the county can do with TIFs.
Gage discuss his support of the counties to work on being more involved with TIFs.
Brown County Deputy State’s Attorney Ross Aldentaler talks about his conversion with the South Dakota Department of Revenue.
Brown & Codington County are tied for 2nd for the most TIFs in the state only behind Pennington County.
Active TIFs in Brown County has taxable increments for 2023 at over $219 million with potential tax to the county at over $791,000.