Downtown TIF District

In March of 2003, the Gardiner City Council approved the designation of Downtown Gardiner as a Tax Increment Financing (TIF) District. This designation allows the City to shelter 100% of all new increments of valuation created by development in the district. This will result in increased State revenue sharing and school subsidy for Gardiner, and a decrease in the County tax levied on Gardiner. The tax revenue from the new increments of valuation in the district will be dedicated to Economic Development purposes that benefit the Downtown.

To see a map (updated in 6/10/2009) of the designated Downtown TIF district in PDF format, click here.