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  4. Tax Increment Financing (TIF)

Tax Increment Financing (TIF)

City of Fairmont TIF Application (DRAFT) (PDF)

TIF Annual Report June 30, 2017 (PDF)

TIF Annual Report June 30, 2018 (PDF)

TIF Annual Report June 30, 2019 (PDF)

TIF Presentation (PDF)

FAQs

  1. What is Tax Increment Financing?
  2. What is a “tax increment”?
  3. How will TIFs improve Fairmont?
  4. Why is there a need for Tax Increment Financing?
  5. Does TIF divert money from schools?
  6. How does TIF affect property owners or homeowners in or near the TIF District?
  7. Does TIF result in increased tax rates?
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  1. City Clerk
  2. City Manager
  3. Home Rule
    1. City of Fairmont Home Rule Plan
    2. City of Fairmont's Presentation (PDF)
    3. Executive Summary of Home Rule Plan (PDF)
    4. Home Rule History in West Virginia
    5. Home Rule Ordinances
      1. Business & Occupation(B&O) Tax Credits
      2. Elimination of Tax on Manufacturing
      3. Elimination of Tax on Wholesale Reduce Retail
      4. Property Value Exemption
      5. Relief from Zoning
      6. Sales Tax
    6. Home Rule Press Release (PDF)
    7. Procedures for Amending
    8. Procedures for Enacting
  4. Revitalization Program
    1. Get Organized
    2. Prevention
    3. Remove Barriers
      1. Report A Dilapidated Building
  5. Tax Increment Financing (TIF)
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  1. City of Fairmont

The City of Fairmont

  1. 200 Jackson Street
    Fairmont, WV 26554

    Mailing Address
    P.O. Box 1428
    Fairmont, WV 26555-1428
    Phone: 304-366-6211

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