TIF- Tax Increment Financing
Established in 2008, the Franklin County Tax Increment Financing (TIF) District provides public assistance to the Kibby Wind Power Project and created an economic development plan for Unorganized Townships (UTs) in Franklin County. As part of the economic development plan, a portion of the funds obtained from this district are put towards two funding programs: grants for projects in UTs and a revolving loan fund.
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Newly funded mountain bike trail in Wyman Township which connects to an extensive trail system in Carrabassett Valley.