O
Altoona
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taxes budgetMedium priorityopen

TID 3 closure and TID 4 remaining balance

Altoona

Summary

TID 3 closed out, sending $6.2 million to the affordable housing fund and $4.5 million to pay debt. TID 4 still carries a negative balance of about $794,000 that future property tax revenue must cover.

At a glance

Total mentions
1
Last 30 days
0

Discussed at 1 meeting in the last 60 days; most recently Sep 10, 2026.

Impact analysis

💰Financial impact

$6.2 million moved to affordable housing; TID 4 shortfall of ~$794,000 still to be covered by tax revenue.

✅Who benefits

Affordable housing efforts gain a $6.2 million funding stream; debt taxpayers get relief from TID contributions.

Mentions & discussions (1)

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