FINANCIAL UPDATE ADDITION

Posted in: Foxfield
Per Rick Current:

I have one correction.

There is a funding option for a town known as a General Improvement District (GID).

A GID looks just like a General Obligation Bond, is paid for in the same way, is tax deductible, but only applies to a portion of a town.

GIDs are presently in force in Colorado Springs, where small segments of the larger city are improving their community.

And so, as a town we can do a General Obligation Bond, a General Improvement District, or a Special Improvement District
Another Alternative

Oops, I didn't read all messages before replying...

I agree with Chuck.
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