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Aiken County TIF plan sparks fiscal clash and tolls
Ryberg warns the proposed tax increment financing could hurt county growth and shift taxes to residents. Opponents Robert White and Ed Grobbe estimate 156.8 million in county taxes over 20 years with potential 64 million to be repaid, raising concerns of a 4 to 8 percent interest increase. Deering counters Sage Creek and Trolley Run Station will bring existing residents and 50 plus buyers, and TIF bonds are not county debt unless serviced.
MENTIONED IN THIS ARTICLE
Rob Deering
Fine Deering
Deering
Ryberg
General Assembly
Aiken County
Robert White
Ed Grobbe
White
Sage Creek