Fayetteville schools win fight against TIF tax grab | Arkansas Blog

Tuesday, April 10, 2012

Fayetteville schools win fight against TIF tax grab

Posted By on Tue, Apr 10, 2012 at 10:10 AM

The Fayetteville School District has won a lawsuit challenging the city of Fayetteville's effort to capture some of the money from a voter-approved tax increase to build a new high school and give it to the misbegotten downtown tax increment finance (TIF) district. The judge ruled that because the millage was pledged to debt, taxes collected within the TIF district under that new millage could not be diverted to the district's use.

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