The City of Atlantic’s Tax Increment Financing (TIF) Task Force is scheduled to meet this evening. During the meeting at City Hall, the committee will hold a review of discussion on TIF matters to-date, discuss the definition of Industrial, Commercial and Residential TIFs’, work on developing recommended criteria and the framework guideline for each category, and, they’ll discuss the inclusion of TIF-funded tax rebates, or a “Reverse TIF,” and non-TIF development incentives and/or tax rebates. The meeting begins at 7-p.m.

The TIF Task Force was established in July, by Atlantic Mayor Dave Jones. The panel will have no authority, implied or otherwise, to establish a TIF policy. It will only offer an opinion on how such a policy should be formulated and implemented.