Tax Increment Financing Facts

Did you know that Sycamore Township was the first Township in the State of Ohio to utilize TIF under the modern law which started in the late 1980’s?

Did you know that Sycamore Township has the lowest property tax rate among Hamilton County Townships that provide public services?

Did you know that through the TIF program Sycamore Township has been able to provide over $81 million in additional funding to School Districts located in Sycamore Township that would have otherwise not received it?

Did you know that through the TIF program Sycamore Township has invested over $98 million into public infrastructure, public spaces and safety services?

Did you know that all of the money invested has saved the tax payer over $933 per year in new taxes which is equivalent to 13.33 mills of taxation and that Sycamore Township has not gone back to the voters in over 13 years for new property taxes?

Do you want to learn more about how Sycamore Township utilizes TIF to help keep your taxes low while still providing a high level of public services?

Check out this TIF presentation or contact the Township Offices at (513) 791-8447 for more information.

 

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