The city of South Haven’s Downtown Development Authority Tax Increment Financing plan has been making a big difference over the past year.

The South Haven DDA’s Suzanne Brock addressed the city council this week to give an annual update on the TIF, as required by law. She said the TIF has been in place since 1980, and in its current form since 2000. It allows incremental tax growth in the downtown area to be captured for public improvements.

“ So let’s say there’s a property that’s worth a million dollars, that’s their set valuation,” Brock said. “T hen the following year it was valued at $1 ,250 ,000. That $250 ,000 growth will then be part of that TIF money.”

Brock said there are some exceptions, noting th

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