Circleville Council considered a way to save up funds for improving access along US 23, and will be voting on a $22 million budget soon.
Finance chair Monica Justinger saw the $22,000,000 "lean and mean" budget 2014 budget have its first of three readings.
Council also passed a revised version of legislation to seek state funds for local projects...that now includes the proposed sewer system link to Ohio Christian University.
Then right after the council session, Mike Logan chaired the Long Range Strategic Planning committee.
Council looked at a map showing four areas totaling about 289 acres and $31 million dollars of property along US 23 south that would be designated a TIF, or Tax Increment Financing district. It was discussed as a way to finance the Court Street / US 23 Connector that was revived earlier this year.
The TIF district dedicates increases in tax revenue, but does not raise tax fees - which is why council would like to pass the legislation this year, before tax values are reassessed next year.
Instead of going to the county, any increase in tax payments go to the city. No residential properties are in the district.
Kevin Coleman regularly reports on Chillicothe & Circleville councils