Branson had three active Tax Increment Financing (TIFs) from 2020 to 2024, according to Branson Finance Director Allison Ramsey.
She talked about the TIFs during Tuesday night's aldermen meeting. She said the active TIFs during those years were for the Branson Landing, Branson Hills and Aquarium at the Boardwalk. TIFs promote redevelopment.
TIF Basics - Screenshot from presentation
The Branson Landing
- The TIF started in 2002 and was amended in 2005
- It was a blighted area
- The project costed $176 million
- And more...
Branson Hills
- The TIF started in 2004
- It was a blighted area
- It costed $65 million
- And more...
Aquarium at the Boardwalk
- The TIF started in 2019
- It's a pay-as-you-go kind of TIF -- not to exceed $7 million plus financing cost
- It was a blighted area
- Total cost of the project - $50,939,633
- And more...
Branson Mayor Larry Milton reminded everyone that all of the information Ramsey presented is on the city website and available for review.
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