City of Mount Vernon Tax Increment Financing Districts
Tax Increment Financing is a development tool used by the City of Mt. Vernon to promote economic development and redevelopment. Using the incremental revenues in the TIF, the City is able to undertake economic development activities or provide subsidies that otherwise might not be possible in order to encourage job creation, increase property values, and to protect the local tax base.
TIF district benefits to a project are awarded on a case by case basis and are negotiated with the City of Mt. Vernon. The areas of Mt. Vernon TIF Districts can be viewed below:
Downtown Mt. Vernon TIF (11866 KB)
Mt. Vernon Eastside TIF (18071 KB)
Mt. Vernon Westside TIF (19872 KB)
These TIF's are administered by the City of Mount Vernon. For more information about this program,
Mary Ellen Bechtel, City Manager