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Lake Orion Voters Could Decide Removing TIF Funding for Downtown Lake Orion

Lake Orion, MI Voters in the Village of Lake Orion have a resident-led proposal on the Nov. 7, 2023 ballot that would remove the TIF funding mechanism for the Downtown Development Authority. Oakland County Times wrote about the ballot effort, as well as what the impacts would be as far as economics and services. Check out that article HERE

Here is the official ballot language:

Lake Orion Village Adoption of Ordinance No. 36.06, which repeals Ordinance No. 36.05 of the Village of Lake Orion Ordinance No. 36.05 approved a fourth amendment to the Tax Increment Financing Plan for the Lake Orion Downtown Development Authority, originally approved in 1985, continuing its tax capture from the Village of Lake Orion and other effected taxing authorities until December 2039. Shall the Village of Lake Orion adopt Ordinance No. 36.06, which repeals Ordinance No. 36.05, and cease the capture of taxes from the Village of Lake Orion and other affected taxing authorities?

For a complete list of candidates and ballot issues, visit the Oakland County Clerks Election Page.

For Oakland County Times candidate interviews and election information visit the Oakland County Times Election Page.

Excerpt from:
Lake Orion Voters Could Decide Removing TIF Funding for ... - Oakland County Times