Ridgefield Subdivision Tax Increment Financing Incentive Districts
North Ridgeville
Description
Council created the city's first residential TIF districts to fund Ridgefield-area infrastructure over 30 years, with shares going to the schools and JVS.
Impact summary
Property taxes on new improvements in the subdivision would fund public infrastructure instead of the general fund, with schools getting a cut of the payments.
At a glance
- Hearings
- 2
- Public comments
- 0
- Total mentions
- 2
Last vote · City Council
Discussed at 1 meeting in the last 60 days; most recently Oct 5, 2026.
Meeting timeline (2)
City Council - Oct 5, 2026
Council created the city's first residential TIF districts to fund Ridgefield-area infrastructure over 30 years, with shares going to the schools and JVS.
City Council - Jul 20, 2026
A first-reading ordinance would create TIF incentive districts for the Ridgefield Subdivision, exempting improvements from property tax in exchange for service payments, with a share going to the schools and the county JVS.
Related issues (2)
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