St. John does not need any more TIF districts or tax abatement because it hurts the taxpayers. The money goes for their bonds for development.
Money is not paid to the town treasurer but to the development. This hurts the taxpayers, schools, business and homeowners.
No state tax is paid when a developer sells bonds — tax free — and makes thousands of dollars over 15 years. These perks and free lunches don't need to be given.
St. John is a thriving community, and it will not help the property taxes to come down for the residents. Plus, TIF districts are for distressed areas, and St. John is not. If business comes in, they should pay taxes like all the businesses that are there already. We don't need more traffic and congestion than we have already.
- Barbie Livingston, Schererville