facebooktwitterRSS
- Advertisement -
  • Most Commentedmost commented up
  • Most Emailedmost emailed up
  • Popularmost popular up
- Advertisement -
 

« News Home

Tax-increment finance district created for Austintown racino



Published: Thu, September 26, 2013 @ 2:19 p.m.

YOUNGSTOWN — The Mahoning County commissioners today approved creating a tax-increment finance district, or TIF, on 187 acres between state Routes 11 and 46 in Austintown that will be home to the Hollywood Slots at Mahoning Valley racino set to open next year.

Audrey Tillis, director of the county’s Office of Management and Budget, noted that the casino and thoroughbred racetrack will increase property values.

Of that projected increase, 50 percent will be placed in the TIF and go toward road and sewer upgrades, among other infrastructure improvements, she explained to commissioners.

The other half will benefit schools and other entities to which property-tax dollars are allocated, Tillis added.

For the complete story, read Friday's Vindicator and Vindy.com


Comments

Use the comment form below to begin a discussion about this content.


News
Opinion
Entertainment
Sports
Marketplace
Classifieds
Records
Discussions
Community
Help
Forms
Neighbors

HomeTerms of UsePrivacy StatementAdvertiseStaff DirectoryHelp
© 2014 Vindy.com. All rights reserved. A service of The Vindicator.
107 Vindicator Square. Youngstown, OH 44503

Phone Main: 330.747.1471 • Interactive Advertising: 330.740.2955 • Classified Advertising: 330.746.6565
Sponsored Links: Vindy Wheels | Vindy Jobs | Vindy Homes | Pittsburgh International Airport