Can non-school taxes be captured after Proposal A?
Yes, as long as the captured taxes are spent for purposes allowed under the DDA, TIFA and LDFA public acts and the tax increment financing plan. For new authorities, or for amended district boundaries, for which the required public hearing was held after Feb. 15, 1994, the various taxing jurisdictions must be notified and any taxing jurisdiction may “opt out” of having its taxes captured by the authority.