Tuesday, June 3, 2008
I attended the County Finance and Fiscal Resources Committee meeting this morning. I learned that Kent County lost over $4.6 million in tax revenues, in 2007, that were captured or abated by local units of government for things like DDAs, Brownfields, TIFAs, Enterprise Zones and Renaissance Zones. Grand Rapids captured the most - $1.7 million. Wyoming was next with $803,000.