![Quote](images/misc/quote_icon.png)
Originally Posted by
Pete
In TIF #2 (the current district that covers all of downtown), $4 million of the $126 TIF budget goes to OK public schools.
Since the district would typically receive 59.22% of the property tax, that would be over $74 million of the $126 million taken by the TIF. So they get $4 million vs. $74 million.
And that $4 million must be spent within the TIF district boundaries.
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